Risk Manager

ABOUT OUR COMPANY

XOALA is a multi-regulated Neobank/EMI that provides its customers with multi-currency payment accounts, cards and acquiring products. We are set to power global businesses through our simple-to-integrate modular framework and robust infrastructure. The Company offers an all-in-one platform that allows you to handle international transactions, manage accounts in multiple currencies, and process payments securely— no matter where in the world you do business!

JOB DESCRIPTION

As XOALA continues to scale and expand its operations, we are currently looking to hire a dedicated and experienced Risk Manager to join our growing Swedish office! The successful candidate will be reporting to the Senior Compliance Manager with main scope to lead and scale the risk control function ensuring absolute regulatory compliance with FFFS, EBA, and DORA frameworks while advising and reporting any potential risks.

• Own the risk control function in accordance with FFFS 2011:49 and the EBA Guidelines on internal governance
• Develop and maintain the risk management framework, including risk appetite, risk limits and risk reporting to the Board and CEO
• Identify, measure and monitor the institution’s material risks – operational risk, ICT risk (DORA), counterparty and liquidity risk, and risks in outsourced arrangements
• Conduct risk assessments for new products, cross-border establishments and material changes
• Monitor incidents and third-party risk, including reporting under DORA

PERSON SPECIFICATION

• Hands-on previous experience in risk management within the FinTech/financial sector, preferably from payment or E-Money institutions
• Native/Business fluency in Swedish and English language
• Strong knowledge of the regulatory framework ( the Swedish E-Money Act, the Payment Services Act, DORA, FFFS 2011:49)
• Ability to work independently and report directly to the Board

• WHAT WE OFFER?
• 🚀 Competitive Remuneration Package, including annual discretionary performance-based bonuses
• 🚀 Work-Life Balance ; flexible working hours & hybrid working model
• 🚀Pension Plan
• 🚀 Healthcare allowance
• 🚀Birthday Day off
• 🚀Dynamic career growth in an innovative and fast-growing Global company