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Finance & Business Risk Controller Franx

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Posting Date: 07-Oct-2021

Location: Amsterdam, Noord-Holland, NL

Company: ABN AMRO International Services B.V.

At a glance

We are a young start-up founded by ABN AMRO with an independent payment services and investment firm license and independent IT-infrastructure. Franx consist of around 40 FTEs with a pan-European expansion strategy. It’s our ambition to become a top-3 player in the Netherlands on Cross border payments and FX and build our franchise internationally. Our vision is: Everyone deserves carefree international payments and currency exchange at a clear, fair price. For all transactions. Now and in the future.
We’re proud of what we do and the way we do it, attracting talent from all over the world. As one of the players in FX, we’re constantly striving to push boundaries and drive our business further forward. 

Your job

The job tasks: 
  Business controlling: responsible for management accounting in general for 3 entities.
•    Coordinate the yearly budget cycle (and the quarterly forecast for the latest estimate) in alignment with Franx Strategic Plan, prepare the budget overviews and execute the challenge function towards the MT of Franx. 
•    Prepare a monthly management report of expenses, income and profit margins, based on the statement of profit or loss (SOPL) and the statement of financial position (SOFP or Balance Sheet). The monthly management report includes an analysis of actuals versus budget for direct expenses, indirect expenses (internal allocations from ABN AMRO), fees, commissions, profit margins. 
•    Manage the Finance reporting calendar. 
•    Strategic and business decision support on ad-hoc basis: for example business cases for growth initiatives, profitability analysis per client segment, review of the pricing strategy, cost savings etc. 
•    Response to all finance related ad-hoc questions. 
•    First point of contact for ABN AMRO finance departments 

   Risk responsibilities: responsible for execution of the Risk Appetite Framework     
•    The Risk Officer is responsible for providing advice and monitoring the execution of the Risk Appetite Framework by the Board of Directors 
•    Periodically executes risk analyses and reports the results to the Board of Directors. 
•    Embedding of the Risk Appetite Framework & Statement and checkpoints and limits within Franx. 
•    Responsible for setting frameworks, rules, providing advice and for testing and reporting on execution by the first line. Ensuring also that the first line takes risk ownership. The Risk Officer advises the business on controlling and mitigating (potential) risks regarding integrity, transactions, clients, processes, products and services and the various risk types. Responsible for the setup and timely execution of the instruments from the Risk Appetite Framework of Franx 

Working environment

Your profile

Required skills:

  • Education: Master in finance or CA/CM
  • Experience: more than 5 years’ experience in a similar role in banking and preferably in a commercial high pressure environment. Demonstrable experience as a business controller. Experience with financial / operational risk reports. 
  • Knowledge: general knowledge of finance and accounting processes, risk management and reporting, banking products and having an interest in specific FX products. 
  • Specific skills: highly analytical, able to build a working relationship with various stakeholders,  being able to understand in a very short time the whole business chain in all areas of the organization (front office, mid office, accounting & regulatory). 
  • Have structured problem-solving skills, fast learning ability and willingness to challenge the status quo
  • Experience in Fintech and financial products is a plus.
  • Expert user MS Windows & Excel

We are offering

  • The opportunity to be the best you can be, work flexible hours and lots of room to grow both personally and professionally
  • The opportunity to pro-actively work on your vitality and fitness
  • A supplementary benefit budget of 11%, which you can spend on additional fringe benefits
  • A personal development budget of EUR 1.000 per year
  • An annual public transportation pass or travel budget, depending on the function
  • A solid pension plan

Interested?

You are interested in the position as a Finance & Business Risk Controller and working for us?

You are fluent in English, passionate about developing a Fintech and interested in working in an international environment. For more information please contact ronald.lokkers@franx.com. Or dial: 06-12036147