Head of Business Risk & Controls

About the role

MoonPay is strengthening its control environment as part of its long-term strategy to build a robust, scalable and compliant platform at the intersection of financial services and digital assets. It is hiring a Head of Business Risk & Controls to build and lead a first-line risk and control framework across relevant parts of the business, with a focus on fiduciary, custody and regulated financial services activities. The role requires significant experience in the US banking environment and a strong knowledge of regulatory and supervisory expectations.

Key responsibilities

• Build and own the first-line risk and control framework, including risk and control assessments, control standards, documentation, governance, issue management and ongoing monitoring of control effectiveness.
• Embed effective controls into business processes by turning regulatory requirements, policies, identified risks and supervisory expectations into practical controls with clear ownership.
• Establish a control monitoring and testing program, identify weaknesses, assess their impact, drive remediation and report on control effectiveness.
• Develop the control framework for fiduciary, custody and other regulated financial services activities.
• Partner across the three lines of defence with business leaders, Risk, Compliance, Legal and Internal Audit to set clear roles, ensure timely remediation and strengthen first-line ownership.
• Build procedures, governance, reporting, systems and operating cadence to support growth and increasing complexity.

Required profile

• 10+ years of relevant experience in US banking or regulated financial services, including leadership in first-line risk, business controls, operational risk or a comparable function.
• Proven track record designing, implementing and improving first-line control frameworks, including risk assessments, control design, monitoring and testing, issue management, remediation and governance.
• Deep working knowledge of US banking regulation and supervisory expectations, with experience supporting fiduciary, trust, custody or transaction services activities.
• Strong understanding of the three lines of defence model and experience establishing first-line ownership while working with Risk, Compliance, Legal, Internal Audit and senior stakeholders.
• Comfortable in a high-ambiguity, fast-scaling environment, able to influence senior stakeholders and build control infrastructure from the ground up.