iBAN-X S.A. is a young and very dynamic regulated Payment Institution based in Luxembourg, providing multi-currency IBAN accounts powered by flexible, API-driven technology to create simple, compliant and cost-efficient payment and banking solutions.

We are recruiting a dynamic professional with operational risk experience to join our quick growing team. The ideal candidate will need to be very familiar with Banking / Payment Institution risk management and enjoy identifying opportunities to develop and strengthen controls. The candidate will collaborate directly with the Management and be part of an entrepreneurial team focused on ensuring that the Governance, Risk and Control Frameworks are operating effectively. This includes an active role in the continuous improvement of the operating control environment.

Your role

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• Run the risk management function across the regulated entity.

• Participate in independent reviews of the operating model whilst identifying and escalating all remediation requirements resulting from recommendations.

• Formally analyze functional and support gaps, identify risks, propose solutions, and manage execution.

• Measure the Risk Framework against agreed risk appetite and tolerance levels.

• Partner with Business and Technology to deliver efficiency and control improvements through process analysis, collaboration, design, and implementation.

• Provide operational support for senior business managers and supporting groups within Core Product.

• Working closely with the CCO, Risk Committee, other executive and non-executive committee members across the business in shaping a high-achieving, well-controlled organization that can achieve growth targets safely.

• Participate in independent reviews of the operating model whilst identifying and escalating any and all remediation requirements resulting from recommendations.

• Formally analyze functional and support gaps, identify risks, propose solutions, and manage execution.

• Primary liaison and source of information for all compliance, complaints, data protection and client care issues for fee-earners, support staff and other managers in relation to risk.

• Providing ad-hoc assistance in projects, as a subject matter expert.

Your profile

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• Master's degree with a consistent track record of academic success.

• Professional Qualification in Risk Management (certified path).

• 5+ years of previous experience with a financial institution working in an ops risk role.

• Proven experience in control testing and assessment activities.

• Knowledge of the Luxemburgish regulatory environment and key regulatory regimes, including basic understanding of EU, UK or APAC regulatory landscapes.

• Excellent communication and presentation skills, with the ability to influence and motivate others.

• Problem-solving and decision-making skills, with the ability to analyze complex information.

• Success in managing third-party vendors and outsourced services.

• Strong financial services and products acumen.

• Basic understanding of financial and strategic planning.

 

Our Offer

 

• The unique opportunity to be part of building up a fully digitalized payment institution.

• Nurturing environment where ideas will be heard, discussed, decided together, and implemented.

• Young, dynamic, open-minded start-up mentality.