Non-financial Risk Oversight

Non-Financial Risk Oversight (2LoD) Senior Manager - PagoNxtCountry: Spain
**WHAT YOU WILL BE DOING**

**PagoNxt is looking for a Non-Financial Risk Oversight (2LoD) Senior Manager based in our Madrid/London office.**

**WHY YOU SHOULD CONSIDER THIS OPPORTUNITY**

**PagoNxt **is a new company wholly owned by Santander that incorporates our most disruptive payments & trade businesses into a single, autonomous company, creating one of the largest private fintech companies in the world. This new company will deliver payment & trade solutions for merchants and consumers with compelling technology to become a leading global payments provider in the medium term.

In order to achieve these goal, PagoNxt is organized in three different business:

- Merchant Solutions, for merchants and acquirers.
- Trade Solutions, for corporates and SMEs.
- Consumer Solutions, digital products and services for individuals.

Santander is proud of being an organization where there are equal opportunities regardless of gender identity, culture and disability. Our mission is to contribute to help more people and business prosper.

**WHAT YOU WILL BE DOING**

As a **Non-Financial Risk Oversight (2LoD) Senior Manager **you will responsible for the oversight of the Risk Profile of PagoNXT Payments business, a payments processing business undergoing rapid transformation and growth.

The core responsibility will be designing, evolving and implementing significant sections of the risk framework and supporting risk toolsets/methodology, in line with the strategic direction agreed with the Head of Risk & Compliance. The primary focus will be on the core technology and operations, although the oversight of significant change projects and new product and service introductions are also in scope.

Your main responsibility will be to understand the risk management needs of a fast growing payments processing business, designing, evolving and implementing significant sections of the risk framework and supporting risk toolsets/methodology, in line with the strategic direction agreed with the Risk & Compliance Director.

The primary focus will be on the core technology and operations, although the risk governance of new product releases, service introductions and change management are also in scope.

The role is also responsible for leading cultural initiatives such as the education and upskilling of the business’ risk culture / risk mindset, and establishing and maintaining effective risk governance.

In addition to being technically strong, success in this role requires
- A proven ability to influence and build strong working relationships with senior stakeholders, Product Owners, IT architects and other supporting business areas such as 2LoD SMEs in Compliance and Legal
- A practical, innovative and collaborative mindset to find the right risk management solutions in a fast moving business environment

The line manager of the role is the Risk & Compliance Director of PagoNXT Payments.

EXPERIENCE
- Minimum 8 years of experience in Risk management, Risk governance and control roles in Financial Services, particularly in the payments sector.
- Experience operating at a senior level with knowledge and authority to effectively review and challenge senior stakeholders.
- Ideally the experience should cover both ‘Line 1’ and ‘Line 2’ risk roles, i.e. experience in development and implementation of risk control frameworks and methodologies, as well as hands-on management of risks within the business.

EDUCATION
- Degree level education, with relevant academic qualifications desirable. Recognised risk professional qualifications / certifications are beneficial but not a must, as practical experience will be prioritised

SKILLS & KNOWLEDGE
- English language essential, Spanish desirable but not required.
- Strong knowledge in payments services and technology, and latest industry developments
- Strong knowledge of all major components of an effective risk framework from design to practical implementation, and up-to-date knowledge of industry leading best practices in risk management
- Proven track record in developing and implementing risk frameworks and risk tools/methodologies
- Strong knowledge of applicable external regulations such as PSD II, OCIR, Operational Resilience, GDPR, EBA Outsourcing, and other relevant supervisory statements
- Proven ability to learn and develop new knowledge and skills at the intersection of Payments, Regulation, Technological developments, including in closely related disciplines in IT & Cyber risks
- Proven ability to translate and distil complex technical knowledge into practical / innovative risk management outcomes that are appropriate and right-sized for the maturity and size of business
- Ability to contribute to the technical and personal development of Risk & Compliance team members and educate and train key roles in the business

OTHER INFORMATION
- The position is based in London (UK) or Spain (Madrid),