Head of Risk

Luxembourg Europe

11 Jan 2022




Full Time


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


  • 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



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


  • Direct with auditors and advisers

Applicants need to possess the right to work in Luxembourg.