Head of Technology & Operational Risk, Fnality International
Digital cash system
Job no longer available
Digital cash system
21-100 employees
Job no longer available
21-100 employees
Company mission
Fnality's mission is to provide the trusted financial services that society needs now.
Role
Who you are
- Extensive Risk management expertise in banking or financial services gained from compliance or operational risk experience
- Experience of establishing and implementing operational processes and risk management systems from the ground up. Experienced in maturing these to meet evolving regulatory and business requirements
- Experience working closely with customers (Tier 1 Banks, Central Banks) on participant support issues and supporting the delivery of 24x7 availability of platforms
- Has a good understanding of payments and settlement in the traditional financial infrastructure and a basic understanding of the principles of DLT and blockchain technology
- A good understanding of how CHAPS and High Value payment systems work including a good understanding of settlement risk / finality /SWIFT
- People management
What the job involves
- The day-to-day running and continuous improvement of the Fnality Risk System for Fnality Services and its associated ecosystem. This includes the risk model (structure and content), the risk activities (Identification, Assessment, Control Evaluation, Monitoring and Reporting) and efficacy of mitigations. It will also include oversight of the incident management process and approach
- Supporting the effective running of the risk governance framework within Fnality Services (e.g. risk committee), working closely with the other lines of defence in our three lines of defence risk management model
- Ensuring compliance with the Operational Resilience directives from the Bank of England as they apply to Financial Market Infrastructures and broader global standards e.g. those set by BIS/FSB etc
- Supporting the reporting on the risk management of Fnality Services internally (e.g. to the Board) and externally (e.g. to the regulators), building effective working relationships with them
- Managing and monitoring the risks associated with Fnality Services to assure the level of service required
- Embedding a risk culture in every policy and process of the company (within technology, personnel, security, environment, operations, etc)
- Ensuring a robust change management process with adequate risk assessment before and after the change or software development life cycle
- Facilitating the sharing and analysis of information between other Fnality legal entities in different jurisdictions, as required, to ensure cross-jurisdiction risk management and compliance
- Supporting the management of vendor and partnership relationships in conjunction with the CRO
- Support the implementation of security controls to prevent external threats to enterprise and environment systems, with a view to minimise risks and impacts associated with a security event on FnServices and all stakeholders
Salary benchmarks
Our take
The world of payments has changed considerably in recent years, and blockchains are continuing to grow in importance. Fnality International is one of a wave of new fintechs working to use blockchain to make payments faster, more secure and more efficient.
Fnality is headed up by a former Deutsche Bank managing director, and began as a research project. However, with changes in the digital finance ecosystem, Fnality evolved into a fintech enterprise. Its solutions allow users to settle securities trades with tokenised cash assets. In 2019, the company secured £50 million in funding, which has helped accelerate its work.
In 2022, the Bank of England announced the introduction of an omnibus account that could see Fnality gain considerable traction. If the company continues to invest in its team and product, it could become a driving force among fintechs in the coming years.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 3 rounds)
Sep 2025
$131.6m
SERIES C
Nov 2023
$102.6m
SERIES B
Total funding: $300.2m
Company benefits
- 15% bonus
- Bupa Health insurance
- Pension with Royal London
- 5% contribution
- 25 days holiday plus your birthday off pro rata, plus 1 wellbeing day per quarter
- Healthshield
- Bank holiday swap scheme
Company HQ
London, UK
Leadership
Rhomaios Ram
(CEO)Previously worked as Managing Director of Deutsche Bank, and was Founding Partner of its Digital Bank.
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