Position: Head of Risks
Company: Paymentop
Category: Other
Experience required: 5y
English level: fluent
Published: 2023-07-01T00:00:00+03:00

**Key tasks and role:**
One of our projects opens up new opportunities for international online financial transactions to business and personal customers who require a simple but at the same time convenient method of accepting and sending payments with a minimum of bureaucracy for launch. The company is a well-established and fast-growing Electronic Money Institution authorized by FCA UK, which guarantees safety for our customers.
Our team develops & offers our clients the following types of financial services: multicurrency digital bank accounts for companies and individuals, merchant services with in-house developed wallet, checkout and mass payouts to individual wallets, which support transfers between credit cards and bank accounts.
As Head of Risks&Verification, you will participate in identifying, measuring, mitigating, monitoring and reporting risks across the Company, building a culture of risk management, developing risk mitigation strategies, processing and/or projecting and accumulating, synthesizing and reporting on risks to executive management. Also you will establish risk procedures and routines to support the Company's risk methodology.

**The primary responsibilities:**
- Improving, implementing, evaluating and managing of the
Company's Risk Management Program and Model Risk
Management Program
- Creating enterprise risk management strategy that safeguards
the Company, customers, partners and reputation
- Proactively managing and advising the Company on potential
risks, assuring objectives are achieved and disciplines are
implemented to drive continuous improvement
- Developing reporting to the executive management committee
regarding risk management policies, processes and execution
- Developing and implementing changes as needed to minimize
risks as well as improve internal and external risk characteristics
across all business lines
- Providing support and training to build awareness within the
Company, achieving growth targets and protecting the Company
from future exposure
- Elevating risk events and/or proposing mitigation plans to more
senior levels, when appropriate
- Supporting the development and risk monitoring within the BSA
Department
- Analyzing qualitative and quantitative data to develop process
efficiencies and/or metrics for key risk indicators
- Collaborating with process owners in the implementation of risk
controls/reports to limit the Company risk exposure via RCSAs
- Collaborating with model owners to review and assess model
characteristics, risks, and ensure model validations are accurate
- Active participation in Company initiatives and projects, as
needed, providing risk management, data analysis and Company
processing knowledge and skills.

**Requirements & Skills:**
- 5+ years of prior banking experience in Risks&Verification
- Knowledge of risk management principles and practices.
- Familiarity with FFIEC guidelines
- Knowledge: on-line banking or PSP/EMI
- Strong analytic, logical reasoning and problem solving skills
- Ability to combine pieces of information to form general rules or
conclusions (includes finding a relationship among seemingly
unrelated events)
- Ability to apply general rules to specific problems to produce
answers that make sense
- Working knowledge of IT processes and principles
- Must have a strong understanding of quantitative analyses –
math / statistical analysis
- Process improvement and technology skills
- Excellent interpersonal skills
- Strong verbal/written communication and presentation skills
- Must be able to work independently and set goals/prioritize,
focus, and have time management skills
- Strong knowledge of Excel (intermediate to advanced), Word,
Visio, Power point
- B.S. in Math, Economics, Accounting, or FinanceAdvanced
degree or professional certification