At a Glance
- Tasks: Lead a team in managing risk assurance and improving processes at Xe.
- Company: Join Xe, a leader in currency services with a focus on innovation.
- Benefits: Enjoy life cover, healthcare, mental health support, and a volunteering day.
- Other info: Inclusive workplace committed to diversity and community representation.
- Why this job: Make a real impact in risk management while growing your career.
- Qualifications: Experience in risk assurance and strong communication skills required.
The predicted salary is between 51750 - 63250 £ per year.
At Xe, we live currencies. We provide a comprehensive range of currency services and products, including our Currency Converter, Market Analysis, Currency Data API and quick, easy, secure Money Transfers for individuals and businesses. We leverage technology to deliver these services through our website, mobile app and by phone. Last year, we helped over 300 million people access information about the currencies that matter to them and over 225,000 people used us to send money overseas.
We are currently looking for a Risk Manager to join our growing team who will be responsible for managing a team responsible for executing on key deliverables within Xe’s risk function such as, but not limited to: Xe’s annual risk assurance plan, enterprise risk analysis, local risk reporting, annual internal vendor management risk assessments, and oversight of operational incidents, whilst always looking for ways to improve processes.
OUR PRINCIPLES
- AMBITION - We dream big, try things out and always ask “why not?” and “what if?” We’re ambitious in our thinking and our delivery.
- RESPONSIBILITY - We get involved, bring our perspective, and are always open to new ideas. We take personal responsibility.
- COMMUNITY - We value a sense of belonging, trusting each other and encouraging authenticity. We contribute to our community.
ROLES & RESPONSIBILITIES
Risk Assurance
- Management and execution of the annual risk assurance plan, including but not limited to assigning reviews to team members, providing support/guidance on reviews, reviewing draft reports before submission and performing Risk Assurance reviews.
- Identify opportunities through risk assurance work to support the improvement of processes and risk mitigation across Xe globally.
- Work with business stakeholders across Xe globally to ensure timely remediation of issues identified during risk assurance reviews.
- Oversee the completion of quarterly Local Risk Reporting (LRR) including presenting LRR to applicable Boards and Senior Management.
- Oversee Operational Incident management policy and process.
- Support in the administration and execution of the annual enterprise risk analysis process.
- In coordination with the Risk Director of the Money Transfer segment, provide Risk input, guidance, and support to the Xe Programme Management Office (PMO) on new programmes and projects across Xe globally.
- Ensure Xe’s policies and procedures for the management and oversight of third parties are being adhered to. This will include conducting internal vendor management risk assessments of new and current third party providers.
Risk Oversight and Guidance
- Support the growth of the risk culture throughout Xe globally through a process of ongoing training.
- Liaise with external auditors on completion of external audits and support management responses.
- Coach and develop Risk team members.
POSITION REQUIREMENTS
- Experienced in scoping and completing risk assurance reviews including testing, sampling, and reviewing processes to mitigate risk.
- Excellent communication and stakeholder management skills including the ability to influence and support senior stakeholders globally.
- Experience in developing and writing Risk Management policies and procedures.
- Experience in team management.
- Professionally qualified with either a Risk Management or Internal Audit qualification preferred.
- Strong analytical skills and ability to interpret complex information and identify issues.
- A good understanding of Financial Services and Payment Services regulations along with the EBA outsourcing guidelines and General Data Protection Regulation (GDPR).
PERKS & BENEFITS
- Discounted Euronet Employee Share Purchase Plan (ESPP)
- Life Cover, Income Protections Scheme & Critical Illness cover
- Healthcare
- Plumm Mental Health and Wellbeing
- Volunteering day for a charity of your choice
We want Xe to be a great place to work and to ensure that our communities are represented across our workforce. A vital part of this is ensuring we are a truly inclusive organization that encourages diversity in all respects. At Xe we are committed to making our recruitment practices barrier-free and as accessible as possible for everyone. This includes making adjustments or changes for disabled people, neurodiverse people or people with long-term health conditions. If you would like us to do anything differently during the application, interview or assessment process, including providing information in an alternative format, please contact us on recruitment@xe.com.
The position responsibilities outlined above are intended to define the general contents and requirements to perform this job. It is not to be taken as a complete statement of responsibilities or requirements. This job description does not restrict the Company’s right to assign or reassign duties and responsibilities to this job as needed.
Risk Manager employer: Xe
At Xe, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Senior Software Engineer, you'll enjoy competitive salaries, generous leave policies, and a commitment to your professional growth through mentorship and leadership opportunities. Our inclusive environment, backed by Euronet Worldwide, ensures that your contributions have a real impact on the future of cross-border payments while enjoying the benefits of a supportive team in a dynamic industry.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Xe. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Xe.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Xe's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Xe
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Xe.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Xe will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Xe employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.