Our client is a rapidly expanding global fintech/ payments company (authorized by the CBI) that is building out its Ireland based EU entity.
The Head of Risk (PCF-14) will be responsible for overseeing the risk management framework of the European entity, utilising the tools of the Group framework.
The role will ensure compliance with local regulatory requirements while also supporting the group risk management function, given the integrated and cross-functional nature of the firms processes.
This individual will act as the second line of defence, providing independent oversight, challenge, and assurance on risk management activities across the business.
The Head of Risk will oversee the companys Europes enterprise-wide risk management framework, ensuring compliance with the Central Bank of Ireland requirements, as well as alignment with EU regulatory standards including DORA, PSR, CPC, CJA, and relevant EBA guidelines.
Key requirements include: Act as the PCF-14 for the Irish/European entity, ensuring ongoing compliance with the Central Bank of Irelands requirements Governance and reporting ensure risk governance structures are effective, with clear escalation processes and timely reporting to senior management and the Board.
Risk Appetite Statement maintain, monitor, and embed the RAS to ensure business activities remain within defined risk tolerances.
Risk Registers and Key Risk Indicators oversee the identification, tracking, and reporting of material risks and ensure KRIs are relevant and regularly reviewed in line with Risk Appetite.
Risk and Control Self-Assessments (RCSAs) coordinate and challenge business-led assessments to ensure robust identification of key risks and controls.
Risk assessments conduct and oversee periodic and ad-hoc risk assessments, to identify vulnerabilities and emerging threats.
Control testing and assurance design and execute risk-based testing programmes to validate the effectiveness of key controls.
Wind-down planning support regulatory and group requirements by maintaining credible wind-down and contingency planning frameworks.
Business continuity and incident management ensure plans are in place, tested, and effective to respond to operational disruptions and incidents.
Key requirements include: Bachelor's Degree qualified.
8 years+ experience in risk management within financial services, with exposure to European regulatory environments.
Ideally, experience in a second-line risk role within a fintech, payments firm or retail financial institution.
Knowledge of CBI requirements, Fitness & Probity regime, and EU regulatory frameworks including DORA, PSR, CPC, CJA, and EBA guidelines.