Chief Risk Officer (PCF-14)

As Chief Risk Officer (PCF-14) at Legend Financial Ireland Limited, you lead the second line of defence for a regulated digital asset and payments group expanding into e-money and cross-border payments across Europe. You own the entity's enterprise risk management framework and Risk Appetite Statement, hold independent accountability to the Board and the Central Bank of Ireland, and lead the risk management elements of the group's e-money institution authorisation. This is a Pre-Approval Controlled Function role subject to Central Bank Fitness and Probity approval.

What you'll do

• Own, enhance and embed the enterprise risk management framework covering operational, ICT and cyber, financial (liquidity, counterparty, market), safeguarding, custody, outsourcing, regulatory, conduct and strategic risk, coordinating financial crime risk with the Head of Compliance and the MLRO
• Own the Risk Appetite Statement, its annual review, Key Risk Indicators and limits, and report quarterly against appetite to the Board Risk Committee and the Board
• Maintain the risk register and run the risk and control self-assessment cycle with first-line risk owners
• Own the risk assessment stage of new product approvals and advise the Board on emerging risks and regulatory developments
• Oversee counterparty and settlement risk on liquidity providers, banks, custodians and institutional clients, including due diligence, limits and pre-funding exposures
• Oversee liquidity and market risk from OTC trading and treasury activities, including exposure limits and fiat and stablecoin liquidity
• Provide independent second-line oversight of the safeguarding of client funds (e-money) and the segregation of client crypto-assets (MiCA)
• Monitor own-funds requirements under the E-Money Directive and MiCA, lead capital and liquidity stress testing, and maintain the recovery and orderly wind-down plan
• Act as the independent ICT risk control function required under DORA, reviewing and challenging the first-line ICT risk framework, major ICT incident reporting to the Central Bank, resilience testing and the Register of Information
• Own the operational resilience and outsourcing risk frameworks, challenging business continuity plans, impact tolerances, exit plans and intra-group and third-party arrangements in line with DORA and Central Bank guidance
• Provide second-line oversight of cybersecurity, data protection and fraud risk, working with the Chief Information Officer, the Data Protection Officer and Compliance
• Lead post-incident reviews and track remediation to completion
• Lead the risk management elements of the e-money institution authorisation and respond to Central Bank of Ireland queries
• Act as the primary contact with the Central Bank of Ireland on risk matters, including supervisory engagement, inspections and Risk Mitigation Programmes
• Work with the Head of Compliance, the MLRO, Internal Audit and external auditors under the three lines of defence model
• Prepare and present the quarterly risk report to the Board Risk Committee and the Board, and support the Committee Chair in setting its agenda
• Provide independent challenge to the first line and senior management, escalating to the Board and, where required, to the Central Bank of Ireland
• Lead the risk function, deliver risk training across the firm and foster a risk-aware culture

What you bring

• 10+ years in risk management at regulated financial institutions, including at least 3 years leading a second-line risk function at an e-money institution, payment institution, bank or investment firm
• Experience designing and embedding a risk management framework, Risk Appetite Statement, Key Risk Indicators and limits, and Board-level risk reporting
• Working knowledge of the EU e-money and payments regime (EMD2, PSD2/PSD3), including safeguarding and own-funds requirements, and of DORA
• A track record of engaging with the Central Bank of Ireland or another EU/EEA regulator on authorisation, supervisory reviews or inspections
• Ability to satisfy the Central Bank's Fitness and Probity Standards for PCF-14; prior experience in a PCF or equivalent senior regulated role is strongly preferred
• Currently residing in Ireland, with the right to work in Ireland

Nice to have

• Experience supporting an e-money institution or payment institution authorisation, and preparing recovery and wind-down plans and stress testing
• Familiarity with MiCA and digital-asset risks such as wallet management, key custody and stablecoin reserves
• Understanding of AML/CFT and financial crime risk, and experience building a second-line risk function in a high-growth environment
• A relevant professional qualification such as FRM, PRM, IRM International Diploma or ACOI Professional Diploma, or a degree in finance, economics or a quantitative field
• High comfort with data, Key Risk Indicator dashboards and risk/GRC tools; some understanding of blockchain and crypto infrastructure

What we offer

• Fully remote within Ireland
• Competitive salary and benefits

About Legend Trading

Legend Trading is a global, regulated digital asset and payments group providing institutional OTC trading, fiat on/off-ramp infrastructure, multi-currency accounts and cross-border payment and settlement services. Legend Financial Ireland Limited is authorised by the Central Bank of Ireland as a Crypto-Asset Service Provider under MiCA and has applied for an E-Money Institution licence. Headquartered in the San Francisco Bay Area, the group has teams in Dublin, Singapore, Hong Kong, Seoul and beyond.