Vice President of Risk Management, Upvest
More information about location
Investment API
Job no longer available
Investment API
101-200 employees
Job no longer available
More information about location
101-200 employees
Company mission
Upvest's mission is to make investing as easy as spending money and to enable businesses to build investment experiences their customers love.
Role
Who you are
- Proven track record of at least 10 years in risk management in the fintech or financial services industry
- Demonstrated experience in scaling risk management practices in a high-growth, dynamic environment
- Strategic thinker with the ability to translate complex regulatory and risk concepts into actionable strategies
- Strong analytical and problem-solving skills, with a proactive approach to identifying and mitigating risks
- Exceptional leadership and team management skills with a focus on building high-performing teams
- Experience to build interpersonal relationships and influence and lead cross-functional discussions and decisions for real strategic and financial impact
- Deep knowledge of applicable regulatory frameworks, particularly BaFin and FCA requirements
What the job involves
- As the VP of Risk Management, your mission is to drive growth by acting as a strategic business partner across departments, collaborating with the management team to shape a sustainable and forward-thinking risk approach
- You will actively manage financial and non-financial risks, enabling data-driven decision-making and supporting Upvest’s ambitious goals
- At the same time, you will lead the further development and execution of our robust risk management framework that ensures seamless compliance with BaFin and FCA standards, including MaRisk, ICAAP, ILAAP, and ICARA, empowering the business to scale confidently in the dynamic investment infrastructure space
- Act as a strategic advisor to the Management, providing playbooks for operational risk handling, financial risk planning, capital adequacy and liquidity planning
- Collaborate with cross-functional stakeholders to identify risks, provide actionable insights, and drive solutions that balance business goals and risk mitigation
- Partner with Product and Engineering teams to integrate risk considerations into product design, development, and infrastructure scaling
- Enhance scalable risk solutions to support the company’s rapid growth, staying ahead of emerging risks, regulatory updates, and industry trends
- Maintaining strong communication and present risk assessments as well as stress tests to auditors and regulators
- Enhance our risk management strategy encompassing financial (e.g., market and counterparty risk) and non-financial (e.g., operational, compliance risks)
- Ensure adherence to BaFin, FCA, and other regulatory requirements by embedding and enhancing ICAAP, ILAAP, and ICARA frameworks within company practices
- Leverage technology and data analytics to optimize and modernize risk management processes and reporting systems
- Build and develop a high-performing risk management team to foster growth and operational excellence
Our take
Upvest is a fintech startup that empowers financial services companies to provide their customers with access to a full range of financial assets, including stocks, ETFs and crypto products. Upvest's investment API integrates seamlessly with its customers existing systems and is designed to scale easily, freeing companies from the need to develop their own brokerage and custody infrastructure from scratch.
As one of the few companies in Germany that is licensed for both the custody of traditional securities and crypto, Upvest is able to provide its services across Europe. Its solution has been readily adopted by some major players in the space including Ginmon, Vivid and ABN AMRO.
Upvest is backed by a number of Europe's largest tech VCs (Earlybird, Notion Capital, Partech, HV Capital, ABN AMRO Ventures) alongside American investment monolith BlackRock. In 2023, it closed a VC investment round, which the company has claimed is one of the largest in the German fintech arena. This was followed up by an impressive Series C at the end of 2024, which is being used to grow its team, enhance its product and cement its presence in the UK.
Steph
Company Specialist at Welcome to the Jungle
Insights
40% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Dec 2024
$105.1m
SERIES C
Oct 2023
$31.8m
LATE VC
Total funding: $197.6m
Company benefits
- Greenfield projects - We’re building something quite complex. A first in Europe. This means you get to work with cutting-edge technologies, with no legacy code.
- Wellbeing - Everyone here has access to our in-house coach. You can have regular sessions to support you personally and professionally. We also believe it’s important to have time out to rest and recover, which is why we offer 30 days’ holiday.
- Development - In keeping with one of our values, ‘Learn and grow’, every Upvenger has access to a development budget. And in line with one of our other values, ‘Own the outcome’, how you make the most of it is up to you.
- Flexibility - We work in a hybrid set-up, with the team spread around Germany and other parts of Europe. We give you the choice and budget to work where you’re most comfortable and productive, either at home or in the office. You choose.
Company HQ
Kollwitzkiez, Berlin, Germany
Leadership
Martin Kassing
(Founder & CEO)They have experience in fintech, private equity and capital markets. Founded another fintech, Shop.co, which was acquired by Klarna.
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