Head Of Risk & Compliance

ABOUT TIMO

Everybody dreams of being rich(er) and fears being poor. Timo supports you in achieving this dream. Financially, we support across the 5 functions of money: moving, managing, accessing, growing, and protecting your money.

Being rich however means more than just having a lot of money. Enjoying a rich life includes making money more fun and emotional by embedding banking services into your lifestyle and within your social circle to unlock a truly rich life.

A day in your life might include (what you will be doing/ key responsibilities)

1. Risk Management:

- Develop and execute a comprehensive risk management strategy that integrates across all business functions, with a focus on identifying, assessing, and mitigating risks in a digital banking environment.

- Oversee risk appetite and tolerance levels, ensuring they align with the business strategy while maintaining a proactive approach to identifying emerging risks in technology, cybersecurity, and financial operations.

- Lead the development of risk analytics and reporting systems to provide real-time insights to senior management and the Board.

- Act as the central point for risk escalation, ensuring timely and effective resolution of risk events.

2. Compliance:

- Ensure Timo Digital Bank adheres to all relevant legal, regulatory, and industry standards, including the laws of the State Bank of Vietnam (SBV) and other regulations.

- Build and implement a scalable compliance framework that evolves with changing regulations and supports the bank’s innovation goals.

- Liaise with regulatory authorities, ensuring smooth and transparent communication during audits, inspections, and any regulatory changes.

- Monitor regulatory developments and provide strategic advice to the executive team to stay ahead of compliance obligations.

3. Legal Oversight:

- Lead the legal function to ensure all activities, contracts, and engagements comply with applicable laws and minimize legal risks.

- Provide expert legal advice to the management team, addressing complex issues related to corporate governance, partnerships, and innovative digital banking products.

- Oversee external legal counsel engagements when necessary, ensuring cost-effective and high-quality legal services.

- Review and mitigate legal exposures related to the bank’s operations and product offerings.

Experience:

- Bachelor’s degree in Law, Finance, Business Administration, or related fields.

- At least 8 years of experience in Risk & Compliance management, with a background in the Banking, Fintech, or Big 4 consulting environments is preferrable.

- Extensive knowledge of risk management, compliance frameworks, and regulatory requirements, particularly in Digital banking or Fintech environments.

Skills:

- Strong leadership capabilities with the ability to inspire and manage high-performing teams in a dynamic and fast-evolving digital environment.

- Excellent communication and stakeholder management skills with the ability to present complex issues clearly and concisely to senior management and regulators.

- Deep understanding of risk management tools, analytics, and methodologies.

- Demonstrated ability to build, implement, and scale risk and compliance programs in a Fintech or Digital banking setting.

Mindset:

- Open-minded, innovative, and adaptable, with a strong ability to think strategically and implement operational changes.

- Proactive and solutions-focused, with the capacity to navigate challenges in a rapidly changing financial services landscape.