Risk , Payment Service Providers (PSPs) , Forex
Location: Limassol
Reference: 5383
Date Posted: 11/11/2021
Senior Risk Officer
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CareerFinders, on behalf of our client, an expanding, International Payment Service Provider with offices in Limassol, we are seeking to recruit a Senior Risk Officer to join their team. The successful applicant will possess 5+ years’ of experience in a senior risk-related role within the Financial Services sector. This represents a fantastic opportunity for an experienced Risk professional to join a forward-thinking company at the forefront of payment technology.
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Role Overview: 

The role of Senior Risk Officer is to assist the GM of Risk, Legal and Compliance to manage the function as a second line of defence by contributing to the oversight and execution of a wide range of risks as well as for the implementation of the Group’s risk strategy. The position will involve working with individuals across all levels (from senior executives to junior team members) across the organisation, and thus, strong stakeholder management and relationship building will be critical. In specific instances, the Senior Risk Officer will also work with external consultants.

 

Key Duties/Responsibilities: 

Framework development, implementation and maintenance:

  • Collaborating closely with the GM of Risk, Legal and Compliance to plan, design and implement the Group’s risk management framework.
  • Providing input in relation to the risk appetite and ensuring that operation activities are carried out in alignment with the set risk appetite.
  • Keeping abreast of the relative directives, regulations, technical standards, and other rules governing the financial services industry across multiple jurisdictions and ensuring their on-going maintenance and implementation.

Data management and integrity:

  • Risk assessment, which involves analysing risks as well as identifying, describing and estimating the risks affecting the business. In particular, having a good knowledge of regulatory principles with a focus on analytical skills and problem-solving is essential.
  • Risk evaluation, which involves comparing estimated risks with criteria established by the Company.
  • Presenting risk dashboards to the Risk Committee on a quarterly basis and/or as required.
  • Carrying out planned and ad hoc risk audits to ensure that procedures are kept relevant and the necessary controls are in place to limit risk exposure.

Communication and Management:

  • Participating in general management functions, including the risk committee and the management meetings as may be necessary.
  • Effectively communicating the risk exposures and maintain relationships with senior management.
  • Actively interfacing with senior personnel and other units/departments to ensure a smooth and optimum development, implementation, and on-going maintenance of the enterprise risk management framework into the Company’s culture.
  • Providing support and training to staff to build risk awareness within the Bank.

 

Key Skills/Experience: 

  • An academic qualification in Banking, Risk, Law Economics, Finance, Mathematics or relevant field of study is required.
  • A post-graduate degree in a discipline relevant to the role and/or recognised qualification(s) in Risk Management will be considered an asset.
  • 5+ years of experience in a senior risk-related role in the financial services sector.
  • 3+ years of experience in a senior, Card Scheme, risk-related role.
  • Demonstrated ability to develop institutional policies and procedures.
  • Ability to multi-task, meet strict deadlines and produce high quality work.
  • Excellent financial analysis skills with advanced Microsoft Excel.
  • Ability to listen actively and to work on one’s initiative as necessary.
  • Fluency in financial industry practices and professional standards.


To apply for this vacancy, please send your CV, along with any covering letter to [email protected] quoting the above job title. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.

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