Head of Risk FnUS at Fnality

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Full Time

Start Date

Immediate

Expiry Date

06 Oct, 26

Salary

0.0

Posted On

08 Jul, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Compliance, BSA/AML, Financial Crime Oversight, Regulatory Engagement, Operational Resilience, Cyber Security Risk, Governance, FMI Regulation, Stakeholder Management, Liquidity Risk, Third-Party Risk, Distributed Ledger Technology, Wholesale Payments, Incident Management, Strategic Leadership

Industry

Description

Fnality is building the future of financial market infrastructure – creating regulated, blockchain-based payment systems to power tomorrow’s wholesale banking ecosystem. Backed by leading global banks and operating at the intersection of technology, finance, and regulation, we are powering the future of finance, together. There are no precedents for what we're doing. With you on our side, we'll be setting new ones every day. Working at Fnality Be your best: We have a supportive culture that helps to bring the best out of each and every single one of our employees. Feel free to explore: Bring your new ideas and help us to solve problems together by joining a community of experts. Be part of something bigger: We will support you by fostering an open, honest culture, that enables flexibility and wellbeing. Feel part of something bigger while being yourself. Feel empowered: We want you to feel empowered. The nature of our business can help make this a reality. We have the agility, speed and innovation of a start-up, and a flexible working environment that enables this. Role Purpose Here at Fnality, we are powering the future of finance, together: combining best in class technology with free-flowing creativity, and expertise that can make business better for everyone. There are no precedents for what we're doing. With you on our side, we'll be setting new ones every day. In a complex world, we are here to bring clarity and make positive change. Fnality US will be the newest entity within the Fnality Global Payments ecosystem, the operator of a new regulated payment system for the United States of America. This is a foundational leadership role with broad influence, working in close partnership with the Head of Fnality US and senior stakeholders across Fnality’s international footprint. Fnality US is seeking an experienced risk and compliance leader to develop, own, and continuously advance the risk management and compliance frameworks for the USD Fnality Payment System. You will operate as Fnality US’s primary subject matter expert across financial, operational, technology, cyber, and regulatory risk – ensuring robust controls while enabling innovation. This role also carries oversight responsibility for BSA/AML and financial crime frameworks, ensuring the organisation meets applicable US regulatory expectations as it launches and scales. Key Responsibilities: Strategic Leadership & Governance Serve as the executive owner for all risk and compliance activities within Fnality US Provide strategic leadership shaping the organisation’s risk, compliance, and resilience strategy as the USD FnPS grows Partner closely with the Head of Fnality US on entity strategy, regulatory engagement, and external stakeholder management Establish and lead the US risk governance structure (e.g., Risk section of the Audit & Risk Committee, policy frameworks, reporting, with a direct reporting line to the Fnality US Audit & Risk Committee. Risk Management & Resilience Deploy and operate the Fnality US Risk Management Framework, covering identification, assessment, treatment, monitoring, and reporting Lead the oversight of incident management, operational events, and control effectiveness Ensure compliance with regulatory requirements related to cyber security, technology risk, and operational resilience for FMIs Provide expert oversight of model, liquidity, operational, and third‑party risks BSA/AML & Financial Crime Oversight Develop and maintain BSA/AML and financial crime frameworks appropriate for a regulated FMI Oversee AML/KYC standards, transaction monitoring design, suspicious activity management, and reporting obligations Advise the Board and senior leadership on emerging financial crime risks and regulatory expectations Regulator Engagement & Reporting Act as a senior counterpart to the Federal Reserve and relevant US regulators, supporting the Head of Fnality US in strategic regulatory relationships Ensure high‑quality, transparent reporting to regulators and the Fnality US Board Represent Fnality US within global risk and compliance forums across the Fnality ecosystem Cross‑Jurisdiction & Ecosystem Collaboration Coordinate with other Fnality legal entities to ensure cross‑jurisdictional alignment of risk and compliance practices Support the development of new use cases (e.g., PvP with other Fnality Payment Systems, DvP with partner platforms), managing related partnership risk Double hat as an active senior member of the Group Risk function, contributing to that team objectives and deliverables. Required competencies: Operate at senior level, partnering closely with the Head of Fnality US and reporting to the Board Build a strong, embedded risk and compliance culture across a new organisation Design and implement the integrated risk, operational resilience, and BSA/AML frameworks for Fnality US Provide authoritative guidance on regulatory expectations for FMIs, including cyber and operational resilience Build Fnality US’s external credibility through confident, proactive engagement with US regulators Collaborate with global colleagues to maintain consistent cross‑jurisdictional risk and compliance standards Regular engagement with regulators on the US East Coast will be required, and some travel to the UK may be necessary Required skills and experience Extensive senior leadership experience in risk management or compliance within FMIs, banking, or financial services Demonstrated ability to operate in a regulated environment, ideally including direct experience with the Federal Reserve or other relevant regulators Proven experience engaging at Board and C‑suite level Strong understanding of US regulatory frameworks for FMIs, including cyber, operational resilience, and payments regulation Direct experience designing and managing BSA/AML and financial crime programmes Experience working in fintech, start‑ups, or other high‑growth, fast‑evolving environments is highly desirable Knowledge of wholesale payments, distributed ledger technologies, and cyber security is preferred Why should you join Fnality? We employ curious individuals who thrive working in a fast-paced and constantly changing environment, who work best when empowered to drive their own work, and who are not afraid to fail fast and learn quicker. You will be an analytical thinker who is able to look at tasks and understand the most efficient way to achieve the desired outcome. You will be vigilantly outcomes-focussed and have an insatiable desire to learn, adept at picking up new challenges and giving anything a go. You will want to deliver as much as learn and you will understand how important the power of the team is. A bit more about us Digital transformation is changing our lives, work and businesses. While other sectors evolve, however, financial markets remain slow, fragmented and siloed. What the world needs now is a future-facing financial system for the digital age. At Fnality, we have been speaking – and listening – to the real users of today’s financial systems. From businesses to banks, there is a clear, collective ambition for a simpler, faster, safer and more resilient payment system; one that can move and settle money quickly and efficiently, with minimized risk and much more transparency. Fnality Global Payments We are building a network of new payment systems that will enable tokenised, peer-to-peer markets. Fnality Global Payments (FnGP) will comprise a series of national systems, each regulated in its home jurisdiction. We call each of these a Fnality Payment System (FnPS). In each payment system, a Fnality settlement asset will act as the settlement/payment asset for any Payment (P), Delivery v, Payment (DvP) or payment vs. payment (PvP) need. FnGP are underpinned by Distributed Ledger Technology (DLT). The nature of DLT is such that it enables FnGP to: Operate a true peer-to-peer market Allow for immediate settlement Interoperate across business platforms and jurisdictions The key benefits of the above are: Reduced counter-party and credit risk Reduced operational risk Efficient liquidity management An ability to move resources from risk mitigation to business growth Eligibility This Head of Risk role is with the entity running the US FnPS, it is a Connecticut based role and you must be eligible to work in the US. Please note we cannot sponsor visas for this role. How will we use the information about you? We will use your personal information to process your application, to enable us to assess your suitability for a role and for other legitimate business purposes such as improving our sites and talent management practices. We may share your data with third parties to achieve these purposes. We will not use or share your information for marketing purposes. We will take appropriate security measures to safeguard your information in accordance with data protection legislation. If you would like further information about how your information may be processed by us, please contact us at privacy@fnality.org.

Responsibilities

Lead the development and execution of risk management and compliance frameworks for the USD Fnality Payment System. Act as the primary subject matter expert for financial, operational, and regulatory risk while managing relationships with the Federal Reserve.