Join 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 CEO
The 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 include:
- Coordinate 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.
Requirements
What Makes You a Great Fit
- University 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 & Benefits
- Competitive 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 salary
- Additional benefits provided in line with company policy
- Supportive work environment with growth opportunities
Why Join Nayax
- Lead 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 Nayax
Founded 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.
Top Skills
What We Do
Welcome to Nayax, a global fintech company (NASDAQ; TASE: NYAX) dedicated to providing businesses with a comprehensive payment platform and management system for their operation. Since 2005, we've been at the forefront of the cashless payment revolution, offering innovative IoT services and management solutions for unattended retail.
Driven by our customer-first mindset and a commitment to in-house development, Nayax has evolved into a leading omnichannel retail solution provider. With over 1100 talented employees located in 11 offices around the world, we proudly serve customers in more than 120 countries. We've established partnerships with several global financial institutions in order for our platform to be able to accept over 50 currencies and over 80 major forms of payment. Moreover, Nayax holds a license as a payment institution in Europe.
As consumers increasingly embrace digital payment methods, Nayax continuously develops value-added services for our customers. From consumer engagement solutions and customized payment methods to an extensive API suite and a feature-rich mobile wallet app, our fully customizable management system provides an agile ecosystem that empowers merchants to improve their bottom line.
Our commitment to innovation and to our customers sets us apart. Rooted in our core values, Nayax's dedicated teams consistently deliver innovative products that meet the evolving needs of retailers and consumers alike. Our mission is to empower retailers by providing them with growth tools and systems that reduce operational costs.
At Nayax, we believe in creating a lasting impact on our customers' businesses, converting casual consumers into dedicated followers. By offering consumer engagement tools, loyalty programs, and omnichannel solutions, we help retailers increase their bottom line and accelerate their growth.
Subscribe to our email list for the latest news on product updates, sales, and more >> https://hubs.li/Q02thqdS0
