Tide is hiring a
Financial Risk Specialist

Summary

The job description is for a Financial Risk Oversight Manager position at Tide, a financial platform for small and medium-sized businesses. The role involves supporting various risk oversight projects, monitoring financial stress tests, managing dashboards, and ensuring compliance with relevant regulations. The candidate should have at least 5 years' experience in a 2LoD Financial Risk role, ideally within a Fintech or Bank, and possess strong analytical skills, good technical skills, and effective communication skills.

Requirements

• At least 5 years’ experience in a 2LoD Financial Risk role, ideally within a Fintech or Bank
• Excellent attention to detail and accuracy skills
• Strong academic background with a degree in a quantitative discipline (desirable)
• Experience in Market Risk and Financial Controls risk management (desirable)
• A solid grounding in data analysis using quantitative analytic tools and good research skills
• The ability to identify trends and interpret data from multiple sources and investigate anomalies and unusual patterns / activities
• Solid analytical abilities and good technical skills with experience using SQL/MS Office
• Effective problem-solving skills and ability to make recommendations based on findings considering commercial and customer implications
• Sound communication skills to communicate in writing and articulate complex issues/analysis to Senior Management and across the company

Responsibilities

• Support the delivery of a range of exciting Financial Risk oversight projects
• Work closely with the Head of Financial and Credit Risk, the SVP Risk and Compliance to enhance the 2LOD monitoring and oversight frameworks
• Manage the dashboards to monitor the liquidity, interest rate, model and operational risk across the business
• Provide 2LOD oversight across various risks across Finance/Treasury and Assets & Liability Management
• Monitor the financial stress tests/ Capital Requirements and communicate key risks/mitigants to Senior Management
• Manage and implement the Financial Risk Management framework and prepare on the effectiveness of the framework for senior management and risk committees
• Challenge the 1LOD inputs for the Stress and Scenario analysis and actual exposures against key risk limits
• Monitor and review compliance with relevant local Financial regulations
• Ensure that actions raised by Management to address significant risk exposures are appropriately implemented
• Perform independent risk-based validation of key forecasting models
• Provide oversight and confirmation that Treasury deals executed with external counterparties have been completed in line with agreed procedures
• Ensure Finance, Treasury and Asset & Liability Management procedures are reflective of the current control environment and ensure identified breaches are logged and reported in a timely manner
• Participate and provide risk input to the 1LOD finance function and technical working groups
• Develop dashboards to monitor the stress tests and models performance and the right data and analytical tools are used
• Partner with Treasury/Finance and the Quality Control teams to ensure the soundness of the financial risk controls
• Adopt a continuous improvement mind-set, constantly identifying opportunities to enhance processes, procedures, tools, technologies, etc

Benefits

• 25 days holiday with the option to take 5 extra days of unpaid leave per year
• 3 days paid volunteering or L&D time off per year
• We invest in your development with a BGN 1,000 professional L&D budget per year
• Additional health & dental insurance
• Fully covered Multisports card
• Food vouchers
• Snacks, light food, drinks in the office
• Enhanced family-friendly leave
• Mental health support through Plumm
• Flexible work from home, including a budget to set up your own home-office
• Team socials - virtual and physical events
• Sabbatical Leave
• Share Options