Moneycorp · 4 hours ago
Head of First Line Risk & Control
Hybrid Remote, Stamford, Connecticut
Full-time
Hybrid
Director/Executive
7+ years expMoneycorp is a leading provider of international payments and foreign exchange services. They are seeking a Head of First Line Risk and Control to join the US Bank, focusing on developing and optimizing the control environment to manage non-financial risks effectively.
Financial ServicesFinTechPaymentsRisk Management
Responsibilities
Assist in the identification and assessment of risks within the US Bank, ensuring that all potential risks are documented and evaluated, and assisting in implementation of the new RCSA framework
Assist in the design, implementation, and maintenance of effective controls to mitigate identified risks. Assist in the identification of control gaps or where control enhancements may be required. Ensure that controls are embedded within business processes, documented and evaluated regularly
Assist in the design of control monitoring and report on the effectiveness of controls and on risk and control metrics to senior management. Provide regular updates on the risk landscape and control environment
Promote greater first line ownership of risk management activities alongside championing a strong risk culture
In conjunction with the impacted team(s), ensure Root Cause Analysis is conducted, and appropriate remediation activities are identified and implemented
Ensure compliance with internal policies, procedures, and regulatory requirements. Work closely with compliance and audit teams to address any issues or findings
Provide support to auditees in designing and developing appropriate tactical and strategic Management Action Plans to remediate risks identified in a timely manner, with the appropriate level of governance and oversight
Develop and deliver training programs and guidelines to enhance risk awareness and control understanding among front-line colleagues
Collaborate with second and third lines of defence, to ensure a cohesive approach to risk management
Identify opportunities for process and control improvements and implement changes to enhance the risk and control framework
Qualification
Required
Bachelor's degree in Finance, Business Administration, Risk Management, or a related field
Minimum of 7 years of experience in risk management, internal audit, or a related field
Strong understanding of risk and control frameworks, including the three lines of defence model
Strong analytical and problem-solving abilities
Proficiency in data analysis tools and technologies, including experience with process automation
Happy collating data and writing supporting commentary for an executive audience
A consultative style with the ability to work collaboratively across all business units and establish credibility quickly
A self-starter, able to work independently and make prioritisation decisions
Strong communication and interpersonal skills
Company
Moneycorp
Moneycorp is a payments fintech company that helps clients navigate in payments markets.
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
unknown2014-08-29Acquired
Leadership Team
Velizar Tarashev
Chief Executive Officer
Nick Robinson
Head of Alternative Sales
Recent News
2025-07-24
2025-05-23
Business Recorder
2025-05-07
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