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Job Title
EU Risk Director
First Merchant Processing Ireland (FMPI) is seeking an independent and effective EU Risk Director to lead risk oversight for the regulated entity while also providing broader regional risk leadership across Fiserv’s EU businesses.
This role combines two key responsibilities:
Chief Risk Officer for First Merchant Processing Ireland (FMPI), with primary accountability for the regulated entity
EU Risk Officer, providing regional risk leadership, coordination, insight and challenge across Fiserv’s EU businesses
As the senior risk leader for FMPI, you will provide independent second-line leadership, challenge and advice to the FMPI Board, Board Risk Committee, CEO and senior management. You will also develop an aggregated view of material and emerging risks across Fiserv’s EU businesses, identify cross-border and cross-entity themes and ensure EU-wide developments inform FMPI governance and decision-making.
FMPI remains the role holder’s primary regulated-entity accountability.
Regulatory Context
This role serves as PCF-14 Chief Risk Officer for First Merchant Processing Ireland (FMPI) under the Central Bank of Ireland Fitness and Probity Regime and is subject to Central Bank of Ireland pre-approval.
The successful candidate will hold direct accountability for:
FMPI’s risk management framework
risk appetite
Board reporting
regulatory engagement
compliance with the Individual Accountability Framework Conduct Standards
Reporting Lines
Reports to the FMPI CEO
Independent access to the FMPI Board Risk Committee and FMPI Board
Dotted-line relationship to the Group Chief Risk Officer
Based in Dublin, Ireland
Key Responsibilities
Develop and maintain FMPI’s risk-based management and oversight programme across its activities and material intragroup and third-party arrangements
Shape the EU risk strategy and regional oversight priorities across Fiserv’s EU businesses
Maintain a consolidated FMPI risk profile and an aggregated EU risk view covering concentrations, cross-entity dependencies, common control weaknesses and emerging risks
Lead regional thematic reviews, deep dives and targeted risk assessments across EU entities, products, processes and outsourced services
Provide second-line oversight of outsourcing, DORA and ICT third-party risk, including due diligence, contracting, resilience, performance monitoring, concentration risk, incident management and exit planning
Deliver clear risk reporting, challenge and escalation to the FMPI Board, senior management and relevant regional and Group forums
Oversee significant issues, risk acceptances and remediation affecting FMPI, while driving EU read-across and consistent remediation expectations
Provide independent risk input and challenge on major programmes, products, acquisitions, integrations, technology changes and regulatory developments affecting FMPI or the wider EU region
Chair FMPI’s principal management-level risk governance committee and coordinate effectively with first line teams, Compliance, Legal, Internal Audit and specialist control functions
Own the effectiveness of FMPI’s Enterprise Risk Management Framework, policies and governance arrangements
Support engagement with the Central Bank of Ireland
Maintain oversight of key risks including operational resilience, technology and cyber, DORA, outsourcing, safeguarding, conduct, credit and business continuity
Lead and develop the EU Risk function and wider regional risk community, setting…