Risk Partner, Swift
Technology Platform
Global payments network
Open for applications
Global payments network
1001+ employees
Open for applications
1001+ employees
Company mission
To make international transactions instant, frictionless and interoperable.
Role
Who you are
- At least 10 years of experience in Risk Management
- Has experience in the RCSA process, tools and frameworks. Can provide support to 1LOD in performing the control testing
- IT / Enterprise Risk Management / Finance background
What the job involves
- Our Risk Partner will be able to effectively drive the risk management agenda across the Technology Platform (TP)
- You will use your strong understanding of risk to support and provide a strong second line challenge to the teams in their risk identification, management and mitigation activity
- Risk Agenda: You will be responsible for actively engaging with the Business to drive the risk agenda for the teams you partner with
- Read across and knowledge sharing: You will be responsible for sharing risk knowledge and insight with the First Line stakeholders in the Corporate Office teams you partner with and will also be responsible for knowledge sharing within the Second Line Risk Partner population
- First Line Engagement: The Risk Partner supports the Executive Risk Partner for the Corporate Office in delivering on their risk management responsibilities, which include the (triggering of) identification of risks that might prevent the achievement of their objectives, the assessment and evaluation of risks against SWIFT's risk appetite and the risk mitigation definition when and where needed, as well as the quarterly risk monitoring. The role sits within the Second Line of Defence and carries an expectation to provide robust independent challenge to the business
- Training: You will be responsible for day-to-day training of Corporate Office teams in the Risk Management Framework, providing coaching relating to risk identification, management and mitigation where necessary
- Identification of risk themes: You will be responsible for using your risk knowledge to identify risk themes and will be responsible for sharing data and insights with the Corporate Office teams, risk partners and the CoE for reporting purposes. You will also be accountable for escalating material risks to the Executive Risk Partner for the Corporate Office
- Data, MI and Monitoring: You will be responsible and accountable for challenging risk data produced by the Corporate Office teams, for providing risk data to the Risk Centre of Expertise, for monitoring key anticipated and evolving risks in the Corporate Office teams and will serve as an escalation point for key material risks that require more senior input
- Reporting: You will be responsible for supporting quarterly risk reporting and monitoring reporting and providing such information to the CoE
- Risk and Control Self-Assessments (RCSAs): You will be responsible for oversight, challenge, advice and support relating to the execution of RCSAs in the Corporate Office teams
- Knowledge & expertise: You will be responsible for maintaining strong knowledge and understanding of the topics managed within to the Corporate Office and risks pertaining the Corporate Office teams
Salary benchmarks
Our take
SWIFT was founded in 1973 to serve as the bedrock of the international payments system. A cooperative society which is owned by its member financial institutions, it is a vital piece of the global financial infrastructure, securely transmitting payment instructions between over 11,000 institutions in almost every country. SWIFT handles half of all international transactions, on average 40 million every day.
SWIFT's only direct competition in the traditional cross-border payments sector are bodies such as China's CIPS and Russia's SFMS. Yet, lacking the trust and membership of SWIFT these are unlikely to make serious inroads in the international payments sector.
In recent years the competitive landscape for international transfers has been disrupted by the large-scale uptake of cryptocurrency. SWIFT has not been immune, facing competition from high-speed blockchain payment networks such as Ripple. However SWIFT has moved quickly to adapt, introducing SWIFT Global Payments Innovation (gpi) to increase the speed of transactions to nearly that of its competitors but with greatly enhanced visibility. It is also researching blockchain technologies, partnering with companies like Chainlink to trial its own cross-chain protocols that will allow it to continue to thrive in the new financial landscape.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- We put you in control of career
- We give you a competitive package
- We help you perform at your best
- We help you make a difference
- We give you the freedom to be yourself
Company values
- Ethics
- Integrity
- Trust
Company HQ
La Hulpe, Wallonia
Articles
Leadership
Javier Perez-Tasso
(CEO, not founder)Has held numerous roles at SWIFT, becoming CEO in 2019. Prior to this, was Head of Product Manager, CMO and Chief Executive of the Americas and UK Region.
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