Job Title

Job DescriptionScroll down to find an indepth overview of this job, and what is expected of candidates Make an application by clicking on the Apply button.Paynetics is a leading fintech company, founder of the Bulgarian Fintech Association. Grounded in payment services, with offices in Bulgaria and the UK, we have built a team of passionate and enthusiastic professionals, on a mission to change the world of payments.We have launched the first mobile payment app in Bulgaria, the first utilities payment app in the UK, one of the fist automated loyalty solutions in the US and a game changing payment acceptance solution with patent pending.We are seeking an experienced and dynamic Senior Risk and Compliance Manager at Paynetics UK. This role is critical in driving the development and management of our enterprise-wide risk program, covering operational, compliance, financial crime, financial, and strategic risks.To excel in this role, you will bring:Proven experience in risk management within banking or payments.Deep working knowledge of risk management frameworks for FCA-regulated firms (experience with payments or e-money is a strong advantage).Strong technical understanding of the regulatory landscape.A solutions-focused mindset, with the ability to balance accuracy and speed in execution.A willingness to get hands dirty, delivering pragmatic, actionable outcomes.What you'll do:Develop Risk framework -this includes risk events, development of a framework for the timely identification and reporting of major operational and security incidents , the development and tracking of KRIs, migration of the risk assessments to a technical solution.Risk assessments - Management and maturing of the business wide risk assessment. This includes:Owning the risk assessment process and supporting risk owners in ensuring the assessment is accurate and updated in a timely manner .Providing advice and guidance to risk owners on the materiality of the risks they have.Providing monthly reporting to senior management and the risk committee on the risk profile of Paynetics UK.Providing the risk committee and board with consumable information about key risks affecting the firm with pragmatic and clear information on any risk treatment options availableEnsuring emerging risks are recorded, assessed and allocated ownership accordinglyGovernance - Acting as the secretary to the risk committee (and any sub-committees). This includes:Compiling comprehensive committee packs, ensuring packs are sent out in a timely manner, ensuring any actions from previous meetings are updated, creating and distributing meeting minutesSupporting with strengthening the Paynetics UK corporate governance program through clear, logistically feasible and proportionate recommendations to senior managementOutsourcing:Conducting risk assessments for outsourced services, both initially and on an ongoing basisScoping and agreeing with MI to ensure effective oversight of outsourced activitiesEnsuring MI for outsourced activities feeds into the relevant risk assessments and provides senior management with a clear view as to the risks posedWorking closely with the compliance and operations teams to ensure that where areas of risk are found, Paynetics is able to deploy quick and proportionate risk mitigation solutionsProactive review of MI to identify any potential future areas of concernThe development, tracking and reporting of KRIs for outsourced servicesOversight:Provide robust and pragmatic risk advice and sign-off in respect of several internal projects including operational resilience, DORA, data privacy and APP fraudProduction of risk assessments for key Paynetics projects, and handing over to the relevant project lead to maintain and report back onCompliance:Horizon scanningConsumer Duty outcomes data analysisSupporting with regulatory change initiativesSupporting with the production of new departmental processesSupporting with the development and approval of new product initiativesWho you are:Proven experience in a similar roleNumerate with excellent Excel skills, and the ability to investigate/manipulate/model data quickly, find trends and provide recommendationsExperience producing risk committee and board reporting including dashboards, heatmaps and risk summary reportingExcellent communication and presentation abilities, including strong written and verbal skills and the ability to explain issues and decisions, as well as strategy, both internally and externallyThe ability to multitask, adapt to an ever-changing landscape of deliverables, be able to navigate ambiguity, a deep sense of ownership and attention to detail are essentialExperience working with card schemes preferableWhat do we offer:Exciting job in a premium professional environmentHighly competitive remuneration25 days annual paid leave + 1 day for your birthdayWork in a growing team with excellent perspective for professional developmentRemote location, with occasional travel to London and SofiaIf you thrive in fast-paced environments and are passionate about delivering innovative risk solutions, we want to hear from you!#J-18808-Ljbffr