TransferMate – a subsidiary of CluneTech – was established in 2010 when we began working with regulators around the world to secure licenses to operate as a global payment’s provider. With a global payments network covering 200+ countries and territories, TransferMate have established partnerships with some of the largest banks, fintechs and software providers in the world. The combination of our regulated network, award winning technology and strategic partnerships culminated in 2022 when the business achieved Unicorn status.

Our team is dedicated to delivering the best possible experience for our partners and their customers. We know that a happy team is one that performs at the highest level and our #OneTeam ethos encourages mutual support, respect, recognition, and rewards. In Ireland, we have been recognized as a Great Place to Work for 9 consecutive years, with 35 offices worldwide, we do business across 100+ countries on a daily basis.

As Head of Risk you will play a critical role in identifying, assessing, managing and mitigating risks across the organisation. You will ensure ongoing compliance with all relevant regulatory requirements while designing and implementing robust risk management strategies that protect TransferMate’s financial stability, reputation and customer interests.

The Head of Risk will take the lead in shaping TransferMate’s risk strategy – a senior leadership position with regulatory impact, board visibility and the opportunity to future-proof our growth.

Responsibilities

Serve as the designated PCF holder (PCF-14) for risk in TransferMate’s Irish regulated entity (InterPay Limited) and acting as the primary point of engagement with the Central Bank of Ireland from a risk perspective
Develop, maintain and annually review risk management framework, policies, methodologies, taxonomies and risk appetite ensuring alignment with regulatory expectations
Identify, assess, monitor and mitigate risks (financial and non-financial) across the organisation ensuring effective controls and a strong risk culture
Define and monitor the organisation’s risk appetite and key risk indicators, providing timely and accurate risk reporting to senior management, board and committees
Develop and maintain a robust risk governance framework, ensuring timely regulatory reporting, escalation and adherence to risk governance standards and structures
Deliver risk management training and support the Board in embedding a strong risk-aware culture across the business
Build, develop and mentor a high-performing risk team while partnering with business leaders to embed risk considerations into strategic decisions and initiatives.

What were looking for

Extensive experience (8-10 years) in risk management, with relevant experience in payments, e-money or a fintech
Deep understanding of Irish and EU payment regulations
Ability to operate in a lean environment, leveraging automation to integrate into business operations
Ability to influence C-suite executives and regulators and communicate risks concisely
Ability to identify and manage critical threats that could impact the organisation
Experience in many fields of risk management including risk identification; business continuity; third-party management and operational risk and regulatory risk
Strong understanding of IT, Cyber, operations, outsourcing and technology as well as audit and compliance.

Why This Role Matters

The Head of Risk role is critical to ensuring the identification, assessment and mitigation of risks that could damage the business. Operating in a fast-paced, highly regulated, and technology-driven payments sector, the Head of Risk acts as a strategic partner, ensuring the company can grow while navigating potential threats and risks to our business.

What’s in it for you?

At Transfermate, we are a community of like-minded individuals committed to excellence in everything we do. We create an innovative, collaborative, and supportive workplace that allows our brilliant people to unleash their potential.

Recognised as a both a Great Place to Work and Deloitte Best Managed Company, we believe that recognition goes much deeper than just financial rewards. Therefore, in addition to a competitive salary, we also offer an exclusive benefits package that includes:

Competitive pension
Flexible Working Policy with a combination of remote and office working and a flexible approach to working hours
Competitive annual leave and a number of other leaves including IVF, compassion, marriage, maternity and paternity leave
Employee-led CSR Programme, CluneTech Cares, with one paid Volunteer Day per year
Death in Service Benefit
Milestone Recognition Programme
Professional & Personal Development
Rewards & Recognition
Employee Wellbeing Programme, CluneTech Life

Transfermate is an Equal Opportunity Employer and is committed to the principle of equal employment opportunity for all employees. We are committed to building and maintaining a culture which is free from discrimination and harassment and where all employees can bring their best selves to work.