Pursuing Head Of FMI Risk Management jobs places you at the strategic apex of safeguarding the global financial system's core infrastructure. This senior executive role is critical within major financial institutions, bearing ultimate responsibility for managing the complex risks associated with Financial Market Infrastructures (FMIs). These entities, which include Central Counterparties (CCPs), Central Securities Depositories (CSDs), and payment systems, form the plumbing of the financial world, and their stability is paramount to preventing systemic crises. Professionals in these jobs act as the institution's foremost authority on FMI risk, providing oversight and strategic direction to ensure robust, compliant, and resilient risk management practices. The typical responsibilities for a Head of FMI Risk Management are extensive and strategically focused. A core function involves the development, ownership, and continuous enhancement of the firm's global FMI risk management framework, including policies, procedures, and governance models. This individual ensures these frameworks not only meet but exceed evolving regulatory standards across multiple jurisdictions. They lead a specialized team, providing expert approval for new FMI memberships, significant changes to existing relationships, and complex transactions where FMI exposure is a key factor. A significant part of the role involves serving as the primary liaison with a wide array of global regulators, such as central banks and prudential authorities, effectively managing examinations and representing the firm's risk posture. Furthermore, they represent their institution in influential industry forums like ISDA and FIA, helping to shape global risk standards. The role demands a holistic view, integrating credit, market, liquidity, and operational risk stripes to provide a comprehensive assessment of the firm's FMI portfolio, which often represents a substantial portion of its balance sheet. Given the seniority and technical depth required, Head Of FMI Risk Management jobs demand a specific and high-caliber profile. Candidates universally require an in-depth, practical understanding of financial markets and products, particularly complex derivatives, securities finance, and clearing mechanisms. Subject matter expertise in the inner workings of CCPs and CSDs is a standard expectation. From a career experience standpoint, a proven track record of interacting with and presenting to senior management, boards, and regulators is non-negotiable. These roles call for seasoned leaders with demonstrable experience in managing and developing high-performing teams, as well as influencing partner teams in a matrixed organizational structure. Excellent oral and written communication skills are vital for articulating complex risk concepts with judgment and authority. Typically, a bachelor's degree is a minimum requirement, with a master's degree or professional certifications (e.g., FRM, CFA) being highly preferred. For those with the requisite expertise and leadership acumen, Head Of FMI Risk Management jobs offer a challenging and high-impact career path at the intersection of risk management, regulation, and global finance.
