Head of Risk Management

fintech organization is seeking an experienced Head of Risk Management to lead the development and execution of an enterprise‑wide risk framework across its digital financial services, including remittance (FX) and e‑wallet operations.

This leadership role is responsible for safeguarding the company through robust risk governance, regulatory alignment, and proactive risk culture enhancement.

Role Purpose :

The Head of Risk Management will establish, implement, and embed a comprehensive risk management strategy across all business streams. The role ensures alignment with the company’s risk appetite, compliance requirements, and strategic objectives while protecting the organization’s assets and reputation.

Key Responsibilities

1. Risk Management Framework Development & Implementation

• Develop and enhance an enterprise‑wide risk management (ERM) framework tailored to remittance and e‑wallet operations.
• Establish risk appetite, tolerance levels, and KRIs aligned with business strategy.
• Promote a strong risk‑aware culture through continuous communication and training.
• Integrate risk management practices into planning, product development, and daily operations.

2. Risk Identification, Assessment & Analysis

• Lead the identification and assessment of all material risks, including financial, operational, technological, legal, regulatory, and reputational.
• Conduct risk assessments, scenario analyses, and stress tests for existing and new products/services.
• Evaluate risks associated with new technologies, partnerships, and market expansions.
• Monitor external developments, regulatory updates, and emerging risks in the fintech sector.

3. Risk Mitigation, Control & Monitoring

• Design and oversee risk mitigation strategies and control measures.
• Collaborate with business units to strengthen internal controls and ensure effectiveness.
• Implement risk monitoring programs to track KRIs and exposures.
• Oversee investigations of risk incidents and ensure corrective actions are executed.

4. Regulatory Compliance & Risk Liaison

• Ensure all risk activities comply with applicable fintech‑related regulations across operating markets.
• Serve as a primary point of contact for regulators, auditors, and external stakeholders on risk-related matters.
• Supervise risk‑related regulatory reporting.
• Collaborate closely with Compliance and AML/CFT teams to ensure unified risk governance.

5. Reporting & Communication

• Prepare and deliver risk reports to senior leadership and governance bodies.
• Communicate significant risk events, breaches, and emerging concerns promptly.
• Support executive-level and board-level decision‑making through structured risk insights.

6. Business Continuity & Crisis Management

• Oversee Business Continuity Plan (BCP) and Disaster Recovery (DR) development and testing.
• Provide risk leadership during crisis or disruption events.
• Ensure incident response processes are risk‑aligned and resilient.

7. Team Leadership & Development

• Build and mentor a high-performing risk management team.
• Foster cross-functional collaboration and embed risk management across business units.
• Manage departmental resources and budget effectively.

Qualifications & Experience

• Master’s degree in Risk Management, Finance, Economics, Business Administration, or a related field.
• Professional certifications such as FRM , PRM , CERA , CRISC , or equivalent are highly desirable.
• 10–15 years of progressive experience in risk management within fintech, financial services, payments, or banking industries.
• Strong leadership presence, analytical capability, and regulatory awareness.