People Matter

Deputy Chief Risk Officer



London, UK
Posted on Friday, June 14, 2024

Company Description

Since we opened our doors in 2009, the world of commerce has evolved immensely, and so has Square. After enabling anyone to take payments and never miss a sale, we saw sellers stymied by disparate, outmoded products and tools that wouldn’t work together.

So we expanded into software and started building integrated, omnichannel solutions – to help sellers sell online, manage inventory, offer buy now, pay later functionality through Afterpay, book appointments, engage loyal buyers, and hire and pay staff. Across it all, we’ve embedded financial services tools at the point of sale, so merchants can access a business loan and manage their cash flow in one place. Afterpay furthers our goal to provide omnichannel tools that unlock meaningful value and growth, enabling sellers to capture the next generation shopper, increase order sizes, and compete at a larger scale.

Today, we are a partner to sellers of all sizes – large, enterprise-scale businesses with complex operations, sellers just starting, as well as merchants who began selling with Square and have grown larger over time. As our sellers grow, so do our solutions. There is a massive opportunity in front of us. We’re building a significant, meaningful, and lasting business, and we are helping sellers worldwide do the same.

Job Description

We are looking for a Deputy Chief Risk Officer to join our team, supporting the European and UK Square and Cash App businesses. This is a critical role overseeing our European enterprise risk function. You will be based out of the London office and will report to the Chief Risk Officer (CRO) with the option to work remotely from anywhere in the UK.

You Will:

  • Work with the CRO to oversee the European and UK enterprise risk function.
  • Cultivate and embed a strong enterprise risk management culture across the business and assist first line of defence in the identification, assessment and mitigation of risks.
  • Develop the enterprise risk management framework and related policies and processes, ensuring they meet regulatory expectations and are tailored to the business, while also enhancing operational efficiencies.
  • Develop and embed the key risk Indicator framework.
  • Perform analysis of enterprise risk data to identify insights, trends and emerging risks.
  • Ensure risks and business activities undertaken are monitored and assessed on a regular basis aligning with set risk appetites and overall risk exposure.
  • Maintain relevant European legal entities' risk registers.
  • Monitor the effectiveness of risk management systems including escalation and reporting processes.
  • Oversee all outsourced risk management processes and third-party service provider relationships.
  • Work with other second line of defence functions.
  • Prepare and present quarterly risk reports for the relevant board of directors.
  • Prepare any mitigation or remediation plans for risks falling outside prescribed risk appetites.


  • 8- 10 years' experience as a risk professional at a payment/e-money institution, FinTech, financial services firm or professional service firm serving financial institution clients.
  • Strong communication and presentation skills
  • Experience managing projects and scaling processes with company growth.
  • Experience collaborating and influencing across all levels of an organisation.

This role has been identified as a Controlled Function position by the Central Bank of Ireland. Any offer is subject to, and conditional upon, satisfactory completion of fitness and probity checks in accordance with the Central Bank Reform Act 2010.

Additional Information

We’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, based solely on the core competencies required of the role at hand, and without regard to any legally protected class.

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.