Head of Risk at Canarypointcs

Position Summary:

• Oversee and manage the overall risk management framework of the organization.
• Identify, assess, and mitigate risks to ensure the company's financial stability and regulatory compliance.
• Lead the development and implementation of risk management strategies, policies, and procedures.
• Align risk management with the company’s strategic objectives.
• Collaborate closely with senior management to integrate risk management into all business processes.

Key Responsibilities:

Risk Management Framework:

• Develop, implement, and maintain a comprehensive risk management framework.
• Establish risk management policies, procedures, and guidelines that align with regulatory requirements and best practices.

Risk Identification and Assessment:

• Identify and assess risks across all areas of the business, including credit, market, operational, compliance, and strategic risks.
• Conduct regular risk assessments and stress testing to evaluate the impact of different risk scenarios on the company

Risk Mitigation:

• Develop and implement risk mitigation strategies and action plans to address identified risks.
• Oversee the development of risk controls and contingency plans to minimize potential impacts.

Compliance and Regulatory Management:

• Ensure compliance with all relevant regulatory requirements and industry standards.
• Maintain up-to-date knowledge of regulatory changes and their implications for the company.
• Liaise with regulatory bodies and ensure timely and accurate reporting.

Fraud Detection and Risk Analytics:

• Develop and implement fraud detection strategies and systems.
• Conduct risk analytics to identify patterns and trends that indicate potential risks.

Risk Reporting and Communication:

• Prepare and present regular risk reports to the CEO, Board of Directors, and senior management.
• Communicate risk management strategies and policies to all relevant stakeholders.

Team Leadership:

• Lead and manage the risk management team, providing guidance, support, and development opportunities.
• Ensure the team has the necessary skills and resources to effectively manage risks.

Skills:

• Strong analytical and problem-solving skills.
• In-depth knowledge of risk management principles, practices, and regulatory requirements.
• Excellent leadership and team management abilities.
• Strong communication and presentation skills.
• Proficiency in risk management software and tools.

Key Competencies:

• Strategic Thinking: Ability to align risk management strategies with the company’s strategic goals.
• Leadership: Strong leadership skills to guide and develop the risk management team.
• Analytical Skills: Proficiency in analyzing complex risk scenarios and developing effective mitigation strategies.
• Decision Making: Capable of making informed decisions under pressure.
• Communication: Excellent ability to communicate risk-related information to diverse stakeholders.

Qualifications:

• Education: Bachelor’s degree in Finance, Economics, Business Administration, Risk Management, or a related field. A Master’s degree or professional certifications (e.g., FRM, PRM, CFA) is preferred.
• Experience: Minimum of 10 years of experience in risk management, risk analytics, with at least 5 years in a senior leadership role within the finance industry.