Head of Risk @Modern Treasury

Overview

Modern Treasury is hiring a Head of Risk to build their risk function from the ground up. This foundational, hands-on role involves deciding on customer underwriting, transaction authorizations, fraud detection, and system building before the company scales.

Key Responsibilities

• Onboarding & underwriting: Evaluate customers for transactions in partnership with Compliance.
• Transaction risk & limits: Authorize real-time money movement and manage limits based on business learning.
• Reserves & exposure: Develop reserve policy and quantify loss exposure across various risks.
• Detection & the risk engine: Select and deploy tooling to automate decisions using AI.
• New rails, stablecoins & wallet controls: Expand into stablecoins and other payment systems with safe controls and user-friendly designs.
• Collaborate with various teams to ensure cohesive risk and compliance systems.

Requirements

• Experience in establishing a risk function at an early-stage or high-growth company.
• Strong understanding of payments risk, especially around ACH returns and counterparty risk.
• Curiosity and knowledge about new payment rails like stablecoins and wallets.
• Systems thinking and scalable decision-making capabilities.
• Technical fluency with data tools such as SQL and Python.
• Experience with unforeseen control failures and pattern recognition.
• Ability to make defensible judgments and communicate tradeoffs effectively.
• Management experience is a plus, as there may be team expansion in the future.

Benefits

Details about benefits were not provided in the listing.

Location

Remote role with no specific country restrictions mentioned.

How to Apply

Interested candidates should visit the Modern Treasury career page to apply.

Deadline

No application deadline stated.