Vp Of Risk

Summary

Join Xapo Bank as their Vice President of Risk Management, a fully remote position where you will lead the development and implementation of robust risk management frameworks. You will be responsible for identifying, assessing, and mitigating risks across various domains, ensuring compliance with regulations. As a key member of the senior leadership team, you will report directly to the Chief Risk Officer and collaborate with teams across the organization. This role offers an exceptional opportunity to lead risk management efforts within an innovative FinTech company, working remotely from anywhere in the world. Xapo Bank prioritizes a culture of risk awareness, resilience, and regulatory alignment. The ideal candidate will have extensive experience in risk management within the FinTech industry and a proven track record of team leadership.

Requirements

• Bachelor’s degree in Risk Management, Finance, Business, or related field
• 7+ years of proven experience in an executive risk management role, fraud, KYC, payments within FinTech or a related field, with a successful track record in team leadership and mentorship
• A strong financial risk background
• Strong written and verbal communication skills in English, to effectively interact with both internal teams and external stakeholders
• Demonstrated ability to develop, implement, and oversee comprehensive risk management strategies and controls
• Robust analytical capabilities and a proactive approach to problem-solving within a dynamic, fast-paced environment
• Deep understanding of regulatory requirements and industry standards in financial services, with the ability to maintain compliance
• Thrives in an evolving, fast-paced environment, showing resilience and flexibility in response to changes and challenges
• Practical understanding and working knowledge of AML regulatory requirements relating to KYC / Financial Crime
• An understanding of the mechanics of BTC and the related challenges of wallets, flows and regulations in the Crypto landscape. Exposure to regulations pertaining to a Bank and a VASP would be useful
• A dedicated workspace
• A reliable internet connection with the fastest speed possible in your area
• Devices and other essential equipment that meet minimal technical specifications
• Alignment with Our Values and the Xapo Values-Driven Leadership principles

Responsibilities

• Develop and implement risk management strategies, policies, and procedures that support Xapo Bank’s objectives, regulatory standards, and commitment to trustworthiness, security, and innovation in digital banking
• Lead and mentor a high-performing team of risk professionals, fostering a culture of collaboration, integrity, and growth that reflects Xapo Bank’s values
• Collaborate with the Executive Leadership team to align risk management priorities, budgets, and objectives, ensuring these meet Xapo Bank’s strategic goals and vision
• Identify, assess, and prioritize potential risks across operational, financial, regulatory, and reputational areas to safeguard Xapo Bank’s interests and uphold its ethical standards
• Design and implement effective risk mitigation strategies and controls to maintain a secure, resilient, and compliant environment
• Oversee key risk indicators (KRIs) and metrics, using these insights to assess risk exposure, detect emerging risks, and support informed, data-driven decisions
• Ensure adherence to regulatory requirements, industry standards, and Xapo’s policies, maintaining open channels with regulatory authorities as part of Xapo’s commitment to transparency
• Build and maintain relationships with stakeholders, partners, regulators, and industry leaders, staying abreast of trends and changes impacting digital banking and crypto-regulations
• Act as a trusted advisor to senior leadership, providing clear, actionable insights and recommendations on risk-related matters that drive Xapo Bank’s mission forward

Preferred Qualifications

MBA or advanced degree

Benefits

• Work from anywhere
• Great work-life balance
• Flexible PTO plan
• Yearly budget for individual learning and development goals