ABOUT US

Hamilton Court FX, founded in 2011 in London, is one of the fastest-growing companies in its sector. It has been featured in The Sunday Times Virgin Atlantic Fast Track 100 for its rapid sales growth.
In 2020, driven by strong growth in the UK, HCFX opened a new office in Milan, becoming the first licensed SIM to offer FX investment services in Italy. The Milan office includes two regulated entities: a “Società d’Intermediazione Mobiliare” (SIM) and an “Istituto di Pagamento” (IdP). HCFX Italy helps companies and financial institutions manage their FX exposure, enabling SMEs to trade globally by simplifying traditional procedures.
HCFX believes in “Teamwork makes the dream work.” They prioritize understanding client needs to provide tailored advice, building their business around diverse teams who understand customer challenges.

ESSENTIAL EXPERIENCE & SKILLS

• We want to set you up for success and we believe these experiences and skills will help you thrive in this role:
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• 3+ years of experience as Risk Manager (preferable in payments)

• Bachelors/Masters in a quantitative discipline, such as Quantitative Finance, Computer Science, Statistics, Engineering, or Mathematics
• Strong knowledge of regulatory frameworks and financial instruments
• Proven experience in capital markets, counterparty risk, stress testing and financial modelling
• Exceptional analytical, communication, and stakeholder management skills
• Proficient English language and fluent Italian language skills required.

ABOUT THE ROLE

The Head of Risk Management (PAY), reporting directly to the CEO, is responsible for the day-to-day oversight of the business, ensuring the strategic objectives are being met, risks are adequately mitigated, and the general supervisory needs are being efficiently monitored. This role requires detail orientation, advanced interpersonal skills (especially lateral leadership) in addition to sound decision making. While organization and planning are critical, this role inevitably requires high flexibility to handle unforeseen obstacles and opportunities.
The successful candidate will have the chance to embark on an exciting career development journey, which includes taking on the responsibility for our Spanish business.

KEY RESPONSIBILITIES

As a Head of Risk Management (PAY), you will be responsible for:

• Implementing and monitoring the adequacy of the risk management program specific to the HXFC Italy operations
• Performing daily monitoring of Clients’ and HCFX Italy’s portfolios
• Analyzing current risks and identifying potential operational and regulatory risks that are affecting HCFX Italy
• Maintain HCFX Italy’s risk register where detected and reported risk incidents are documented
• Maintaining and updating policies and procedures relating to risk management
• Collaborating with local Top and Line Managers in the preparation of periodical reporting to authorities (RSO etc.)
• Performing risk evaluation through research, analytical support and modelling for stress testing various scenarios
• Preparing and presenting operational risks management information to senior management of HCFX Italy and Board
• Monitoring local activity and ensuring that Risk controls are embedded into the business and operate effectively
• Designing, implementing and maintaining an overall financial risk management process, which includes an analysis of the financial impact on the company when risks occur
• Risk reporting tailored to the relevant audience (ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)
• Contributing to create a local Risk culture, in line with the Group, and share risk awareness amongst local teams by providing support and training.