Senior Fintech Risk Analyst

About the role

This position involves overseeing and managing risks associated with our fintech partnerships. You will be instrumental in ensuring our innovative financial products are launched and operated responsibly. The role requires a proactive approach to identifying, assessing, and mitigating potential issues. You will conduct in-depth risk evaluations for complex fintech partner programs, managing deadlines and competing analytical demands. The position requires a proactive approach to identifying, assessing, and mitigating potential issues before they escalate. You will act as a primary point of contact for fintech partners' risk and compliance programs. This role is essential for assessing the effectiveness of partner controls and collaborating on necessary improvements.

Key facts

What you'll do

• Conduct in-depth risk evaluations for complex fintech partner programs, managing deadlines and competing analytical demands.
• Support the enterprise risk management framework for fintech partners by monitoring and analyzing significant risk concerns, such as third-party relationships, model risks, and operational continuity.
• Provide expert review and challenge to risk assessments performed by internal teams, ensuring alignment with established methodologies and regulatory standards.
• Analyze the risk profiles of fourth-party vendors and maintain a comprehensive register of these relationships.
• Act as a primary point of contact for fintech partners' risk and compliance programs, assessing their effectiveness and collaborating on necessary improvements.
• Track, analyze, and report on key risk indicators, synthesizing data into clear summaries for leadership.
• Manage and deliver multiple high-priority risk initiatives concurrently, coordinating with various internal and external parties.
• Build and maintain strong, collaborative relationships with internal departments and risk contacts at our fintech clients.
• Monitor regulatory landscapes to identify potential impacts on fintech partnerships and advise on compliance implications.
• Develop and maintain detailed risk documentation, ensuring clarity and accessibility for stakeholders.
• Perform scenario analysis and stress testing on fintech product offerings to evaluate potential risk exposure.
• Collaborate with legal and product teams to ensure risk considerations are integrated into product development cycles.
• Utilize advanced data querying techniques to extract insights from large datasets for risk assessment purposes.
• Prepare board-level reports that succinctly summarize key risks and mitigation strategies for fintech initiatives.

Requirements

• A minimum of 4 years of experience in risk management, compliance, or internal audit, with a focus on third-party risk management, risk and control self-assessments, or risk reporting.
• Demonstrated experience within the Fintech, Payments, or Banking-as-a-Service sectors, including areas like card issuance, ACH processing, or loan origination.
• Familiarity with banking regulations and supervisory guidelines pertinent to third-party risk and partnerships between banks and fintech companies.
• A solid understanding of the risk management lifecycle, including identifying risks, designing controls, testing their effectiveness, and developing scalable risk metrics.
• Proficiency in using data to create risk dashboards and analyze performance metrics.
• Strong self-motivation, organization, and the ability to manage priorities effectively in a dynamic environment.
• Excellent communication and presentation abilities, with the capacity to provide constructive challenge and explain complex risk concepts to diverse audiences.
• Proven ability to dissect complex and ambiguous risk issues, creating structured plans for resolution.
• Comfort in using AI tools to enhance workflow efficiency, coupled with strong critical evaluation skills to ensure the accuracy and quality of all outputs.
• Adherence to the highest standards of professional ethics and confidentiality in all aspects of the role.
• The capability to work independently and as part of a distributed team across multiple time zones.
• A commitment to continuous learning and staying updated on emerging risks and regulatory changes in the fintech space.
• The ability to translate technical risk concepts into actionable recommendations for non-technical stakeholders.
• A meticulous attention to detail to ensure the accuracy and integrity of risk analyses and reporting.

Nice to have

• Experience with AI tools for workflow acceleration.

Practical notes

• Lead Bank offers competitive compensation, medical, dental, vision, life insurance, 401k matching, and other wellness benefits.
• Paid parental leave and a flexible vacation policy are provided.
• The company fosters an inclusive culture and considers all qualified applicants.
• Reasonable accommodations are available for individuals with disabilities.
• This is a full-time position based in the United States with remote flexibility.
• Candidates must be authorized to work in the United States without sponsorship for this role.
• The position may require travel to client sites or conferences as necessary.
• Specific working hours will be determined in collaboration with the successful candidate to ensure optimal collaboration across time zones.
• The role requires a reliable internet connection and a suitable workspace for remote work.
• Applicants are encouraged to highlight relevant experience in fintech risk management during the application process.