Full-Time

Director Enterprise Risk

Posted on 9/26/2024

Lightspeed Commerce

Lightspeed Commerce

1,001-5,000 employees

Provides software solutions for retailers and restaurateurs

Enterprise Software
Fintech

Senior

Montreal, QC, Canada

Requires 3 days a week in office.

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • University degree in business, risk management, law, finance, or another related field.
  • 5+ years of experience managing an ERM program.
  • Presented regularly on risks / risk management strategies to Executive Leadership and Board of Directors.
  • Risk management certifications considered an asset (e.g. CRMP, CRMA, CRM, etc.).
  • Past implementation of risk management software and processes is considered an asset.
Responsibilities
  • Identifies, updates, and assesses Lightspeed’s enterprise risks, risk trends, and mitigation actions across all business units.
  • Researches and analyzes emerging risks / risk trends that may affect Lightspeed.
  • Builds risk frameworks, policies, and procedures.
  • Evaluate, leverage, and organize risk management software to mature Lightspeed’s ERM program.
  • Develops methodologies for monitoring enterprise risks, including establishing and tracking appropriate key risk indicators (“KRIs”).
  • Supports the reporting on outcomes of risk monitoring and KRIs to Lightspeed’s Executive Leadership Team and (Board-Level) Risk Committee.
  • Responsible for managing risk documentation and infrastructure, including the enterprise risk register, risk taxonomy, risk KPIs, etc.
  • Train, educate, and influence Lightspeeders to create a culture of risk management organization-wide.
  • Embeds into various internal stakeholder groups and builds key relationships to integrate Lightspeed’s ERM program into the organization’s strategic planning.
  • Supports compliance functions as necessary in order to further Lightspeed’s risk management culture.
  • Providing expertise on risk management standards / best practices to meet regulatory and compliance requirements.
  • Contributing as part of the wider team to achieve organisational objectives even if this means doing things that aren’t strictly within the scope of your role.

Lightspeed Commerce provides software solutions designed specifically for small and medium-sized businesses in the retail and restaurant sectors. Their main products include point-of-sale systems, inventory management tools, and analytics features that help businesses operate more efficiently and engage with customers effectively. These tools work together to streamline operations, allowing businesses to manage sales, track inventory, and analyze performance data all in one place. Unlike many competitors, Lightspeed focuses on a comprehensive suite of services that cater specifically to the needs of SMBs, making it easier for them to grow and succeed in a competitive market. The goal of Lightspeed is to transform global commerce by empowering small and medium businesses with the technology they need to thrive.

Company Stage

Series A

Total Funding

$2.1M

Headquarters

Amsterdam, Netherlands

Founded

2005

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Simplify's Take

What believers are saying

  • Growing trend of contactless payments enhances Lightspeed's payment processing capabilities.
  • Omnichannel retailing aligns with Lightspeed's unified commerce platform strategy.
  • AI-driven analytics can enhance Lightspeed's POS systems with personalized customer insights.

What critics are saying

  • Increased competition from SpotOn's enhanced restaurant POS offerings.
  • Adyen's Tap to Pay on iPhone poses a threat to Lightspeed's payment solutions.
  • CANDIS's expansion into SMB financial management challenges Lightspeed's market share.

What makes Lightspeed Commerce unique

  • Lightspeed offers a unified POS platform for retail and hospitality businesses.
  • The platform integrates online and physical operations for seamless multichannel sales.
  • Lightspeed's cloud solution supports global payments and supplier network connections.

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