Pepperstone, Revolut, OSL and Other Four Companies Are Hiring Now

This week marked the start of another wave of significant job cuts in the financial sector. 

CMC Markets, a leading global online trader, made headlines on Monday with its latest cost reduction and efficiency measures, causing widespread concern within the industry. The Group will be reducing its global headcount by approximately 200 positions, representing around 17% of the existing headcount, in order to drive efficiencies and make structural savings across its global operations.

Meanwhile, the scale of layoffs in the banking industry is even more substantial. Deutsche Bank recently announced its decision to cut 3,500 jobs as part of its overall strategy to optimize efficiency and save costs. Societe Generale, France's third-biggest listed bank, also revealed its plan to cut about 900 jobs in its home country this year. The job cuts will mostly target IT and other support functions at the lender's headquarters in the La Defense business district in the French capital.

In the payments industry, the French payments giant Worldline has begun talks with unions about job cuts, intending to axe about 1,400 positions, which accounts for 8% of its workforce.

However, amidst this wave of layoffs, some companies are expanding their operations and creating new job opportunities. JPMorgan Chase, for instance, has announced plans to open 500 new branches over the next three years and hire 3,500 employees by 2027. Similarly, the state-owned Italian bank, Monte dei Paschi di Siena (MPS), intends to recruit 300 new employees by the end of this year.

Fazzaco, with a focus on the hiring landscape, has discovered that numerous financial firms, especially brokerages, fintechs, and crypto firms, are actively bolstering their compliance and services teams through new hires this week. Let's take a closer look at the positions they are offering and the requirements associated with them. 

1. Pepperstone​ - Head of Information Security

Pepperstone, a regulated online Forex and CFD trading platform, is looking for a Head of Information Security who will be report directly to the company's Chief Technology Officer. The role will lead strategize, operationalize, and manage the budget for safeguarding for the enterprise information assets, while overseeing and driving the comprehensive security program for Pepperstone. The primary location for this role is in Cyprus. 

Requirements:

• Extensive experience in information security, with a minimum of 10 years of experience in information security strategy and design;

• Experience in a leadership role within the financial services or ecommerce industry, particularly involving retail clients;

• Experience presenting to an executive audience with the ability to convey complex technical information in a simple and straightforward manner;

• People Management experience and the ability to provide guidance and coaching to a team of security professionals;

• Familiarity and technology expertise with cloud architectures, particularly AWS;

• Knowledge of regulatory compliance and information security management frameworks;

• Knowledge of common vulnerabilities and exploitation techniques;

• Technical expertise in AWS security stack.

2. LMAX Group​​ - Broker Operations Analyst (Spanish Speaker)

LMAX Group, a leading operator of institutional exchanges for trading FX and digital assets, is hring a Spanish-speaking Broker Operations Analyst who will provide client and operational support across all client groups whilst working collaboratively with the business. The role is very varied and exploits different skillsets, including front and back office responsibilities.

Requirements:

• Business Fluency in written and verbal English;

• Business Fluency in written and verbal Spanish;

• Effective relationship builder and influencer;

• Confident and proactive in communicating with people at all levels and a good team player;

• Can handle large workloads and remain calm and productive in stressful situations;

• Reliable and willing to work antisocial hours in order to meet client requirements, solve their problems and thus encourage future business;

• Proficiency in MS Office applications;

• Previous client facing experience;

• Additional languages advantageous is a plus;

• Understanding of FX & CFDs is a plus;

• Experience in and knowledge of the financial sector is a plus;

• Experience using MT4 or MT5 trading software is a plus.

3. Revolut​ - Risk Manager (Enterprise) - Cyprus

British fintech Revolut is searching for a Risk Manager to join a team that focuses on monitoring, supporting, developing, and maintaining the company's risk governance processes and management framework.

Requirements:

• 3+ years of work experience in risk management in the financial services sector;

• Experience in cryptocurrency markets or blockchain based financial services preferable ;

• Substantial practical experience in the design and implementation of ERM frameworks in a financial services environment, ideally with exposure to crypto products and services;

• Knowledge of the financial services regulatory landscape impacting risk management (experience in MiFID II, IFR/IFD, Basel III regulation will be considered an advantage);

• Technology and data savvy – ability to innovatively create and analyse data in order to generate meaningful and important business and risk insights (ideally proficient with SQL and business intelligence tooling);

• Strong stakeholder management, project management, problem solving skills.

4. OSL - Product Manager

OSL, a Hong Kong-licensed crypto exchange, is looking for a Product Manager to participate in the research, planning, design, follow-up and implementation of the product requirements of the blockchain trading platform and centralised exchange.

Requirements:

• Have a strong interest in blockchain, and be curious;

• Experience in the centralised crypto exchange;

• Strong logical thinking ability, communication ability, driving ability and learning ability;

• Strong internal drive, sense of responsibility, big heart, able to bear greater work pressure and work intensity, not picking up jobs;

• Experience in back-end logic design and strategic product design;

• Experience in stocks, foreign spot, futures is preferred;

• Experience in decentralised wallets and Defi is preferred.

5. Sandstone Technology - Risk Compliance Officer

Australian Fintech company Sandstone Technology is hiring a Risk Compliance Officer to drive security and compliance programs within Sandstone.

Requirements:

• Minimum of 5+ years in a similar role;

• Experience with security governance, policies, principles, practices, standards and controls including ISO27001;

• Working knowledge of privacy legislation including GDPR, Australian Privacy Act, Australian Privacy Principles;

• Able to demonstrate the capability to manage Information security challenges at an enterprise level;

• Identify and resolve security risks using analytical and problem-solving skills;

• Proven ability to be highly organised and responsive;

• Strong communication and negotiation/influencing skills;

• Financial Services and/ or software house experience is preferable;

• Develop, manage and implement of SOC 2 & SOCI compliance framework initiatives.;

• Knowledge and experience in Data Security Management or PCI certification will be highly regarded.

6. Crypto.com - Investment Research Analyst

Crypto.com, the world's fastest growing cryptocurrency platform, is seeking a Investment Research Analyst. The role will originate and lead investments in cooperation with Crypto.com capital team as well as collaboration senior management, and responsible for the qualitative and quantitative analysis of various investment opportunities.

Requirements:

• 1-3 years of working experience in financial markets with a strong financial literacy and analytical skills;

• Experience in private equity, research or investment banking would be an advantage;

• Excellent organizational, time management and planning skills;

• Strong quantitative background to support data-informed decision making;

• Financial modelling capability;

• Solid, demonstrated oral and written communication skills;

• Proficiency in English and Mandarin;

• Strong computer skills, especially with MS Excel and PowerPoint.

7. CMC Markets​ - Liquidity Risk Manager

CMC Markets, a leading global provider of online trading, is searching for a Liquidity Risk Manager who will be responsible for assisting with the implementation of an effective Liquidity Risk framework.

Requirements:

• Strong financial services experience in a Liquidity Risk Manager role;

• Credit Risk experience;

• Proficient MS Excel skills, including VBA Macros;

• Prior experience on implementation of ILAAP and Wind-Down planning frameworks;

• Proven business transformation experience;

• Knowledge of FCA ICARA/IFPR regulation;

• Strong attention to detail. Integrity and confidentiality;

• SQL knowledge is a plus;

• Knowledge of the markets and products that CMC is operational in is a plus;

• People management experience is a plus;

• Knowledge and experience of EBA IFP liquidity regulations is a plus.