Head of Risk

Luxembourg Europe

11 Jan 2022

Luxembourg

Europe

Compliance

Full Time

1

Main Objective

Lead bitFlyer Europe S.A. Risk function by building relationships, developing and enhancing risk management processes to support and control growing business activity. The role reports to the CFO/Co-Head of Bitflyer Europe.

Specific Tasks

  • Develop and implement bitFlyer Europe S.A. risk management framework and processes:
    • Risk identification
    • Risk appetite
    • Risk monitoring
    • Risk assessment
    • Risk reporting
  •  Covering the complete risk universe including:


    • Reputational risk
    • Liquidity risk
    • Market risk, including FX risk
    • Credit risk (to clients and other counterparties, e.g. banks)
    • Interest rate risk
    • Operational risk
    • Information security risk
  • Potentially lead risk staff in Europe
  • Capital adequacy monitoring and reporting (working closely with Finance)
  • Liquidity adequacy monitoring and reporting (working closely with Finance)
  • Driving the bitFlyer Europe S.A. Risk and Control Committee
  • Outsourcing oversight, including methodology development and implementation
  • Reporting to Management and Boards of Directors
  • Ensure compliance with regulations and best practices
  • Work closely with global Risk team in Japan, in particular to ensure consistency of approach across regions.
  • Cooperate with and provide support to bitFlyer overseas offices (in particular bitFlyer USA) in all Risk related matters
  • Participate in internal and global projects, to ensure good coordination of processes and work across whole bitFlyer group.

Desired Skills

Education/Skills/Language

  • Risk qualification such as FRM, or relevant Master’s Degree
  • At least 10 years of proven experience and increasing responsibility in Risk Management in regulated Financial Services companies (e.g. payment institutions, banks)
  • Specific requirement for knowledge and experience in market and credit risk management
  • Information security risk knowledge desirable
  • Good understanding of multicultural working environments
  • Past exposure, experience, or interest in Crypto or Blockchain desirable
  • English proficiency required
  • French/German proficiency desirable
  • Other European languages and Japanese desirable

Communication

Internal

  • Direct with CFO
  • Direct with COO
  • Direct with Finance and Compliance
  • Direct with Operations
  • Direct with overseas offices

External

  • Direct with auditors and advisers


Applicants need to possess the right to work in Luxembourg.