Enterprise Risk Director (EMI/FX) – FCA-Driven

Ifx-Payments; City Of London; On-site; GBP 120,000 - 180,000; Full time

Benefits offered by this job

25 days annual leave

Birthday day off

Pension scheme

Healthcare platform

Job summary

Ifx-Payments in London seeks a Risk Director to design and own the enterprise risk management framework across EMI, payments, and FX activities. This senior role provides independent second-line oversight and aligns risk appetite with regulatory expectations.

You will collaborate with the Compliance Director and MLRO, lead risk governance, and report to the Executive Committee and Board. A strong FCA-regulated background is essential for success.

Qualifications

• Senior risk management experience within an FCA-regulated financial services firm, ideally EMI, payments institution, or FX provider, with MiFID experience.
• Proven ability to engage effectively with Boards, senior management, and regulators on risk matters.
• Demonstrable experience operating independently from compliance functions within a three-lines-of-defence model.
• Strong collaboration with Compliance Director and MLRO to maintain a coherent second-line framework.

Responsibilities

• Own and maintain the Enterprise Risk Management (ERM) framework, ensuring it remains proportionate to the firm's business model, scale, and complexity.
• Define and embed the firm's risk appetite, tolerances, and escalation thresholds, subject to Board approval.
• Ensure consistent risk identification, assessment, mitigation, and monitoring across all business activities, including payments and FX trading.
• Maintain the firm-wide risk register and oversee the operation of risk assessment methodologies.
• Provide independent oversight of risks arising from FX trading activity, including market, liquidity, settlement, and counterparty exposure.
• Lead and develop the Risk function, ensuring appropriate capability, independence, and resourcing.
• Provide risk input into product governance and new business initiatives, distinct from compliance approval.

Skills

Enterprise risk mgmt

Board engagement

MiFID experience

FX risk

Market risk

Three-lines-of-defence

Staff leadership

Job description

Ifx-Payments in London seeks a Risk Director to design and own the enterprise risk management framework across EMI, payments, and FX activities. This senior role provides independent second-line oversight and aligns risk appetite with regulatory expectations.

You will collaborate with the Compliance Director and MLRO, lead risk governance, and report to the Executive Committee and Board. A strong FCA-regulated background is essential for success.