Risk Manager (FX)

Story Terrace Inc.; Greater London; On-site; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Stock options (after 12 months)

Hybrid working in city-centre office

Job summary

3S Money is seeking a Risk Manager to operate at the intersection of counterparty credit, liquidity and market risk. You will help design a risk infrastructure enabling FX forwards to lock rates for future contracts.

The role requires experience across credit, counterparty and market risk, with strong Excel and risk-system skills to support fast-scaling fintech operations.

Qualifications

• Minimum 5 years in credit, counterparty or market risk with recognised risk qualifications.
• Experience with FX Forward or Swaps and exposure metrics (PFE, EAD, EL).
• Strong communication with trading, treasury, product and Risk teams.
• Experience with risk systems and advanced Excel proficiency.
• Ability to operate in a fast-scaling fintech environment.

Responsibilities

• Develop and maintain internal credit rating models.
• Assess counterparty creditworthiness for corporates and SMEs.
• Conduct financial statement analysis and risk scoring.
• Set and review counterparty credit limits.
• Recommend collateral thresholds and margin requirements.
• Monitor FX forward portfolios: exposure, PFE, EAD.
• Produce daily and monthly exposure reports.
• Escalate and manage concentration risks.
• Ensure compliance with regulatory frameworks.
• Develop dashboards for exposure tracking and early warning indicators.

Skills

Credit risk analysis

Counterparty risk

Market risk

FX forward risk metrics

Excel & MS Office

Financial statement analysis

Risk communications

Risk systems experience

Education

Risk management qualifications

Tools

Excel

Risk systems

Job description

Hybrid working: up to 2 working days per week

We are looking for a Risk Manager who can operate at the intersection of counterparty credit risk, liquidity risk and market risk, ensuring that exposures are measured and controlled. Your role will be to help us create a risk infrastructure to allow our clients to use FX forwards to lock in a rate for a contract that they need to deliver at a later date.

Our mission

3S Money is reinventing international business banking. Founded in 2018, our mission is to help growing businesses send, receive and exchange money in over 190 countries. With offices in seven countries and over 200 employees, you’ll be joining a high-energy, high-impact team that’s achieved profitability and has a wealth of opportunity ahead.

Our culture

At 3S Money, we believe in caring personally, staying curious and making an impact through collaboration not competition. Our culture is genuinely transparent with minimal hierarchy and a commitment to each employee’s professional growth.

What you’ll be doing

• Helping to develop and maintain internal credit rating models.
• Assessing counterparty creditworthiness for corporates and SMEs
• Conducting financial statement analysis and risk scoring.
• Setting and reviewing counterparty credit limits.
• Recommending collateral thresholds and margin requirements.
• Monitor and measuring exposure on FX forward portfolios (current exposure, PFE, EAD).
• Checking volatility due to FX rate movements by mark-to-market (MTM) valuation of forward positions
• Limiting breach review and management
• Producing daily and monthly exposure reports.
• Escalating and managing concentration risks.
• Ensuring compliance with regulatory frameworks
• Developing dashboards for exposure tracking and early warning indicators

About you, you have

• A minimum of 5 years in credit risk, counterparty risk and/ or market risk; with recognised qualifications in risk management
• Experience with FX Forward or Swaps products with a strong understanding of FX Forwards and counterparty exposure metrics (PFE, EAD, EL, etc)
• Effective communication with trading, treasury, product teams and Risk teams
• Experience with risk systems
• Fully Excel & Microsoft Office proficient
• Strong analytical skills including the ability to interpret financial statements.
• Ability to operate in a fast-scaling fintech environment.

In return for your hard work:

• Competitive Salary + plus stock options (after 12 months) & benefits
• Hybrid working setup in our wonderful city-centre office
• We foster non-BAU projects in our team, we want you to explore new avenues and expand your expertise to benefit your professional pathway & our teams.
• And much, much more….

Our commitment to you

We are an equal opportunities employer.

We make recruiting decisions based on your experience, skills and personality. Our passion and focus will always be to work with the best people. We’re creating services for everyone, so it’s imperative we work with everyone. Our diverse team has been the foundations to our success in building more efficient products, making better decisions and establishing an all-inclusive place to work. Applicants of all backgrounds are hugely encouraged to apply and discover the 3S way.

Our recruitment practices

While all of our interviews will be with employees over Teams, we do use AI in our process and record our interviews to continually improve our practices.