#vacancy #cyprus #limassol #riskmanager

⚡Wise Wolves Corporation, a financial group of companies, is seeking an experienced Risk Manager for our Payment Institution business

📌Location: OnSite/Hybrid

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⚡ About the role:
The Risk Manager will development of risk measurement frameworks for operational, liquidity, fraud, IT/cyber, safeguarding, and settlement/credit risk.

⚡ What you’ll do:
• Identify, assess, and monitor key risks specific to payment services: operational risk, credit/settlement risk, liquidity risk, fraud and transaction monitoring risk, IT/cybersecurity risk, and third-party/payment processor risk.
• Maintain and update the Risk Register and Risk Appetite Statement.
• Oversee fraud prevention, transaction monitoring systems, chargeback management, and collaboration with the Compliance/MLRO on suspicious activity.
• Ensure compliance with PSD2, EBA Guidelines on outsourcing, PCI-DSS, and CBC directives on governance and internal controls for PIs/EMIs.
• Contribute to safeguarding of client funds, liquidity monitoring, and reconciliation of payment flows.
• Liaise with payment schemes (Visa, Mastercard, SEPA) and banking partners on risk-related matters.
• Support preparation and testing of the Business Continuity Plan (BCP) and Recovery Plan tailored to payment services interruptions.
• Prepare regulatory reporting to the Central Bank of Cyprus (e.g., annual Internal Capital Adequacy Assessment Process (ICAAP)-equivalent if required, own funds calculations, quarterly/annual risk reports, and notifications on material risk changes).
• Build a risk aware culture within the company and provide relevant training
• Monitor the adequacy and effectiveness of measures taken to address any deficiencies in the risk management policies, procedures, arrangements, processes and mechanisms
• Report to Senior Management on risk management issues indicating in particular whether appropriate remedial measures have been taken in the event of any deficiencies identified
• Develop and maintain the institution’s Wind Down Plan, including wind down triggers, resource estimation, client fund return procedures, and coordination with CBC as per supervisory expectations.


⚡ Requirements:
• University degree in Risk Management, Finance, Statistics, Business Studies or any other related field
• From 3 years of risk management experience in the similar business is a must
• Excellent quantitative and analytical skills
• Demonstrated commercial awareness
• Planning and organisational skills
• Ability to understand broader business issues
• Solid communication and presentation skills
• Ability to apply the skills mentioned across a variety of business processes
• High level of computer literacy, including Excel, is a must
• Language proficiency in English is a must, Greek will be a plus


❣️Send CV in DM **@Goncalvez_Irina