Associate Director, Payments & Cash Management Risk (First Line) - Institutional

About the opportunity
A leading institutional bank is looking for an experienced first line risk professional to join its Transaction Banking team as Associate Director, Payments and Cash Management. This is a genuine product-facing role. You’ll be the trusted risk voice for the business, giving independent advice and constructive challenge across a major payments and cash management franchise.

You’ll work shoulder to shoulder with Product, Sales, Implementation, Operations, Technology, Digital Delivery and the control functions. The aim is to keep the products safe, resilient and easy for clients to use, while supporting the business to grow.

What you’ll be doing

• Providing first line non-financial risk advice across domestic and cross-border payments, liquidity and cash management, receivables and payables, virtual accounts and client connectivity
• Leading the identification, assessment, monitoring and reporting of material non-financial risks, including operational, compliance, technology, cyber, data, fraud, financial crime, third-party, conduct and resilience risk
• Challenging risk profiles, control effectiveness and operational readiness, particularly where products and processes are changing
• Leading risk input into new products, enhancements, and regulatory and strategic programs
• Preparing clear insights, papers and recommendations for senior stakeholders and governance forums
• Partnering with Product, Operations, Technology, Compliance, Legal, Financial Crime, Risk and Audit
• Helping lift the risk frameworks, governance and controls across Transaction Banking

What you’ll bring

• Significant financial services experience in non-financial or operational risk, controls, governance or compliance, ideally on the first line
• Strong working knowledge of Transaction Banking and its payments and cash management products, including operating models, client journeys and the product lifecycle
• A track record of leading risk assessments, control reviews, issue and incident management, risk reporting and risk-in-change
• A sound understanding of the key risks in payments and cash management
• Strong analytical and problem-solving skills, and the ability to influence stakeholders at all levels
• A proactive, collaborative approach and a real commitment to risk culture
• Tertiary or professional qualifications are desirable

Nice to have

• Exposure to trade or supply chain finance
• Sanctions knowledge
• Regulatory change experience
• Experience gained within a major institutional or global bank