Risk Manager, Finmid
+ Equity
Financial services infrastructure provider
Job no longer available
Financial services infrastructure provider
21-100 employees
Job no longer available
+ Equity
21-100 employees
Company mission
To enable software companies to reimagine how their business customers access capital.
Role
Who you are
- Extensive Risk Management Experience: A solid track record in risk management within high-growth technology, financial services, crowdfunding, or fintech sectors
- Expertise in Risk Frameworks and Modeling: Comprehensive knowledge of risk modeling, policy design, and reporting, including defining risk appetite and limits, developing PD/LGD/EAD models, and monitoring credit risk metrics
- Educational and Professional Credentials: A master’s degree in finance, risk management, or a related discipline is required. Advanced certifications such as FRM or CFA are highly desirable
- Strategic and Operational Expertise: Proven ability to design and implement risk management models, address operational vulnerabilities, and effectively handle conflicts of interest
- Leadership and Collaboration: Demonstrated ability to collaborate across functions, make sound decisions, and lead cross-departmental teams
- Regulatory Knowledge: Exceptional understanding of Irish and European financial regulations (e.g., PSD2, ECSPR), with the ability to ensure compliance while fostering business growth
- Advanced Communication Skills: Outstanding presentation skills with the ability to translate complex data into actionable insights, tailored to diverse audiences. Adept at crafting clear, concise narratives from quantitative analyses, supported by strong verbal and written communication abilities
- Regulatory Agility: Capacity to navigate and adapt to complex regulatory landscapes while driving strategic initiatives and maintaining compliance
- Balanced Vision: Skilled at aligning immediate business needs with long-term strategic goals, ensuring sustainable growth
- Project Execution Excellence: Proven ability to manage and execute complex projects independently, delivering on expectations within challenging timelines
- Technical Skills: Experience with SQL or a willingness to learn is a strong advantage, supporting data-driven decision-making and risk analysis
What the job involves
- We are looking for a Risk Manager to build our risk management function in Ireland for the newly established subsidiary
- This role is vital to our operations, ensuring we meet the highest standards of risk governance while supporting business growth
- As part of the subsidiary’s senior leadership team, you will report directly to the Head of Risk and work very closely with our risk management team in our Berlin office
- You will be entrusted with shaping our risk management strategy within the context of our new crowdfunding initiative and ensure alignment with Irish and European financial regulations and frameworks
- Coordinate with the risk team in Berlin to develop and implement scalable methods and frameworks to identify, measure, and control end-to-end risks across the user lifecycle. This will involve identifying and helping build crucial risk management systems including in-product and back-end controls, use of third-party risk assessment tools, and implementation of rule-based and model-based detection systems that align with the company's objectives and regulatory requirements
- Monitor and assess risks through a comprehensive overview of credit, operational, and IT infrastructure, ensuring mitigation strategies are in place
- Lead compliance initiatives, ensuring all operations and processes adhere to Central Bank of Ireland standards and other relevant regulatory guidelines
- Together with the risk team in Berlin prepare and present risk analysis reports to senior management and other stakeholders at finmid group, and regulators
- Develop and implement business continuity and incident response plans to address operational risks effectively
Our take
Founded in 2021, Finmid is a financial services infrastructure provider, built to support other businesses with their financial products and services. The company focuses on simplicity for its customers, building a variety of products that amount to one integration for each company.
The capabilities of Finmid's offering are broad. The infrastructure supports companies in building a host of solutions such as buy-now-pay-later and AR management, while the company also supplies invoice and trade financing products. On top of this, its capital offerings enable users to offer cash advances to their merchants.
Well funded, Finmid has enjoyed a promising path of growth as it has built up the value it delivers. The latest investment, which saw the company exit stealth mode, will be used to drive growth and product innovation, allowing the company to focus on expanding its core markets for a future of success.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (2 rounds)
Apr 2024
$26.9m
SERIES A
Feb 2022
$12.9m
EARLY VC
Total funding: $39.8m
Company benefits
- We see ourselves as “distributed first” but also have a beautiful office in Berlin where you can work
- We are flexible and cover whatever you need to be as productive as possible (e.g. MacOS, IntelliJ IDEA)
- Home office stipend
- 30 days time off
- Meaningful equity
- Open-minded and transparent culture that includes regular get-together meetings (e.g. All Hands, Brown Bag Lunch, Offsite)
Company HQ
Kreuzberg, Berlin, Germany
Leadership
Max Schertel
(Co-Founder)Prior to Finmid, they worked through several roles at N26 Group, most recently as Director of Business Operations.
Alexander Talkanitsa
(Co-Founder)Previously worked in Business Operations at N26 Group.
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