Head of Risk

About the role

The Head of Risk will lead the development and continuous improvement of the company’s Enterprise Risk Management framework. Reporting directly to Executive Management and the Board, this strategic role strengthens risk oversight, operational resilience and supports sustainable business growth.

Key responsibilities

• Develop and continuously enhance the Enterprise Risk Management Framework in line with regulatory expectations and industry best practices.
• Perform enterprise‑wide risk assessments across products, services, operational processes, partnerships and new business initiatives.
• Identify, assess, monitor and mitigate operational risks while promoting a strong risk‑aware culture.
• Establish and maintain the Risk Appetite Framework, Key Risk Indicators and enterprise risk reporting processes.
• Prepare monthly, quarterly and annual risk assessments for Executive Management and the Board.
• Oversee credit risk exposure, safeguarding bank concentration risks, counterparty exposures and financial institution exposure limits.
• Provide independent risk oversight during regulatory assessments, internal control reviews, external audits and compliance reviews.
• Coordinate risk assessments carried out by third‑party consultants, auditors and regulatory reviewers, ensuring timely implementation of recommendations.
• Review new products, partnerships, payment services and strategic initiatives from a risk perspective before launch.
• Present risk reports, recommendations and strategic insights directly to senior management and the Board.

Required profile

• 5+ years of experience in risk management within EMIs, Payment Institutions, banking or regulated financial services.
• Previous experience as a Head of Risk, Enterprise Risk Manager or senior risk leader.
• Strong understanding of Enterprise Risk Management, Operational Risk, Credit Risk and Corporate Governance frameworks.
• Practical experience performing enterprise‑wide risk assessments and implementing risk control frameworks.
• Knowledge of safeguarding requirements, counterparty risk management and banking exposure monitoring within payment institutions.
• Excellent understanding of European financial regulations applicable to payment institutions and electronic money institutions.
• Experience presenting risk matters to Executive Committees, senior management or Boards of Directors.
• Fluent English and strong stakeholder management skills.

Required skills