Head of Risk

This is a fully remote position, open to applicants in Canada.

📋 Description

• Establish and direct Veem's strategy for risk management, fraud prevention, and compliance across payment products and global operations.

• Develop and enhance scalable frameworks, policies, controls, and escalation procedures for risk management.

• Shape the company's strategies regarding AML/CFT, sanctions, fraud prevention, customer and business verification, as well as data privacy risks.

• Collaborate with Product and Engineering teams to integrate risk controls into product design, payment workflows, and internal systems.

• Leverage data, automation, and compliance technology to bolster risk detection capabilities and enhance scalability of controls.

• Provide guidance on risk management pertaining to cards, ACH, wires, and real-time payment systems.

• Assist in market expansion by identifying risks and jurisdiction-specific compliance requirements.

• Assess, select, and oversee third-party risk technology vendors.

• Work with Operations, Legal, Product, Engineering, and Data teams to evaluate issues, manage escalations, and refine controls.

• Articulate risk priorities, decisions, and trade-offs to senior leadership and cross-functional stakeholders.

⛳️ Requirements

• A minimum of 10 years of experience in risk management, compliance, or fraud within the payments, fintech, or financial services sectors.

• Proven leadership experience in risk and compliance programs for payment products, preferably in an international context.

• Familiarity with AML/CFT regulations, sanctions, fraud prevention, customer and business verification, and data privacy risks.

• Demonstrated experience in developing scalable risk frameworks, policies, controls, and escalation processes.

• Experience in collaborating with Product, Engineering, Operations, Legal, and Data teams.

• Knowledge of payment products and systems, including cards, ACH, wires, and real-time payments.

• Expertise in evaluating and managing third-party vendors for KYC, transaction monitoring, fraud detection, and sanctions technology.

🏝️ Benefits

• Eligibility for bonuses for all Veem employees.

• Opportunities for career advancement within a rapidly growing fintech company.

• Chance to utilize and develop AI capabilities in your role.

• Access to innovative fintech products and technologies.