Risk Manager

DescriptionJoin us at Nayax, a global fintech leader (NASDAQ; TASE: NYAX) revolutionizing the world of cashless payments, consumer engagement, and business management solutions. With more than 1,200 employees across 12 offices worldwide. At Nayax, you’ll be part of a diverse and innovative community where your work makes a real impact and helps shape the future of payments.We are looking for a Risk Manager to join our team. The risk manager will reports to the Board and administratively to the Company’s CEOThe Risk Manager will be responsible for leading and enhancing the company’s risk management framework. This includes identify areas of potential non-compliance and outsourcing risk and develop strategies, assessment, and mitigation planning, as well as driving continuous improvement in related practices.The role involves providing methodological support, collaborating with the CISO on incident reviews, contributing to new product risk assessments, and delivering training programs to ensure compliance with regulatory requirements.Your Key Responsibilities Will IncludeCoordinate the risk management process, including risk identification, assessment, and mitigation planning;Providing methodological support to employees, consolidate risk-related data in the Risk Register, make final decisions on risk probability and impact, and prepare improvement plans to enhance risk management practices;Periodically (quarterly) update and maintain the Risk Register and risks assessments in it during workshops on unit levels with risk owners;Incidents review and follow up on mitigations with the risk owners;Oversee outsourced services by monitoring compliance with outsourcing agreements, including requesting relevant reports, controlling outsourced functions to ensure SLA and quality standards, evaluating providers’ performance, and reviewing business continuity measures and testing.To prepare and train on the New Product Approval assessments;Annual review of the Risk strategy and Risk Appetite, Risk Management Policy, Risk Management Methodology and Risk Management Communication Plan;Annual review of the Incident Management Policy;Monitor Company’s risks when implementing with the risk owners KRIs in Key Nayax units, Outsourcing contracts and monitoring;Prepare training materials and train Nayax Europe UAB and Nayax Ltd. employees on Risk Management process, KRIs and other relevant topics.RequirementsWhat Makes You a Great FitUniversity degree in Economics, Business administration or similar;4+ years of related working experience in financial sector or finance department of the bank as a risk manager;Experience in the risk management, AML area/ KYC and knowledge of national and EU financial services and AML/CTF regulations;Proactive, “can-do” attitude, organizational and analytical skills, team player, accuracy and strong problem-solving, interpersonal skills;Ability to handle multiple projects, work under tight deadlines and with sensitive information;Full professional proficiency in Lithuanian and English languages (knowledge of other European languages would be an advantage);Risk management related certification, attendance of qualification courses would be an advantage.Compensation & BenefitsCompetitive monthly salary: €5,700 – €7,200 gross (based on experience and qualifications)Private health insurance included Annual Performance Bonus, typically a portion of one month's salaryAdditional benefits provided in line with company policySupportive work environment with growth opportunitiesWhy Join NayaxLead and enhance the company’s risk management framework.Work closely with the CEO and Board, influencing key decisions.Collaborate across teams on impactful, cross-company initiatives.Gain exposure to fintech operations and regulatory frameworks in a global setting.Take ownership of your work and make a real impact on our customers.Join a fast-growing global fintech company that values innovation, teamwork, and exceeding customer expectations.Learn More About NayaxFounded in 2005, Nayax provides an end-to-end platform for payments, empowers businesses to grow revenue, reduce operational costs, and deliver seamless commerce experiences. Our customer-first mindset and commitment to in-house innovation have positioned us at the forefront of the cashless payment revolution, serving the unattended and retail sectors around the world.We support over 80 payment methods in 60+ currencies, hold a European payment institution license, and have formed strategic partnerships with global financial institutions to deliver powerful, scalable solutions.With more than 1,200 employees across 12 global offices, Nayax operates in 120+ countries. Our global headquarters in Herzliya Hills, Israel, is our largest site, housing over 600 employees across 20+ departments.At Nayax, we believe in creating long-term impact through loyalty tools, omnichannel solutions, and an agile ecosystem of value-added services. We're proud to support businesses in reaching new heights and we're always looking for innovative, passionate individuals to join us.