Enterprise Risk Director — Payments & FX (MiFID)

IFX Ltd; Greater London; On-site; GBP 140,000 - 180,000; Full time

Benefits offered by this job

25 days annual leave

Job summary

IFX Ltd in London is seeking a Risk Director to own the enterprise risk framework across EMI, payments, and FX. You will partner with the Compliance Director to align risk appetite with regulatory expectations. Lead a second-line function, champion risk culture, and provide independent reporting to the Board.

This is a senior leadership role in a fast-growing international business. The role requires extensive risk management expertise within a regulated environment and the ability to interact

Qualifications

• Senior risk management experience in a FCA-regulated financial services firm.
• MiFID knowledge or experience with MiFID-exempt FX products.
• Ability to engage with Boards, regulators and senior management.

Responsibilities

• Own and maintain the Enterprise Risk Management framework proportionate to the firm’s business.
• Define and embed risk appetite, tolerances, and escalation thresholds, subject to Board approval.
• Ensure consistent risk identification, assessment, mitigation, and monitoring across all business activities.
• Maintain the firm-wide risk register and oversee risk assessment methodologies.
• Provide independent oversight of risks from FX trading, including market, liquidity, settlement, and counterparty risk.
• Review treasury, hedging, and liquidity management with stress testing and scenario analysis.
• Oversee prudential and financial resilience risks for EMIs, including capital adequacy and safeguarding risk.
• Oversee operational risk framework including outsourcing, ICT, cyber resilience, and business continuity.
• Review incidents and root-cause analysis, ensuring remediation actions are tracked.
• Provide risk oversight of payment processing infrastructure, FX platforms, and critical systems.
• Assess conduct and reputational risks arising from products and customer journeys.
• Support embedding a strong risk culture aligned with FCA principles and Consumer Duty.
• Provide risk input into product governance and new business initiatives separate from compliance.
• Provide independent risk reporting to the Executive Committee, Board, and Audit & Risk Committee.
• Lead risk input into product approvals, outsourcing decisions, and material change assessments.
• Act as the senior management contact for FCA matters and support regulatory submissions with risk assessments.

Skills

Senior risk management

MiFID experience

Regulatory engagement

Governance & controls

Job description

IFX Ltd in London is seeking a Risk Director to own the enterprise risk framework across EMI, payments, and FX. You will partner with the Compliance Director to align risk appetite with regulatory expectations. Lead a second-line function, champion risk culture, and provide independent reporting to the Board.

This is a senior leadership role in a fast-growing international business. The role requires extensive risk management expertise within a regulated environment and the ability to interact