Chief Risk Officer

At Alternative Payments, you'll find yourself in the company of some of the financial industry's smartest and most reliable professionals. And at a company that rewards dedication, values innovation and supports growth.

Alternative Payments is an EU licensed payment institution with offices in Vilnius (Lithuania), Los Angeles (USA), and Novi Sad (Serbia). It is the leading FinTech company that provides cross-border payment and banking solutions for the global eCommerce industry.

With more than 20 years of experience, Alternative Payments remains one of the most innovative and fastest growing financial institutions providing local payment methods and SEPA processing solutions.

Chief Risk Officer

Typical daily duties of the Chief Risk Officer involves overseeing audits, reviewing compliance, documenting action plans, defining risk control policies, generating management reporting tools, providing in-house user training, evaluating market trends, and creating a global IT risk strategy. The Chief Risk Officer acts as a guard for protecting the organization from fraud, penalties, security breaches, lawsuits, and investment losses. The Chief Risk Officer plays a prominent role in implementing risk management controls across all organizational departments. The Chief Risk Officer uses it’s financial expertise to create effective reporting policies and carefully monitoring for critical risks.

Responsibilities:

Key Responsibilities
  • • The Chief Risk Officer is given a tremendous amount of responsibility in pioneering the company’s entire risk management program to hopefully promote long-term financial health;

  • • The Chief Risk Officer meets with other members of the executive board to find innovative methods for minimizing threats in accordance with government regulations;

  • • Typical daily duties involve overseeing audits, reviewing compliance, documenting action plans, defining risk control policies, generating management reporting tools, providing in-house user training, evaluating market trends, and creating a global IT risk strategy;

  • • The Chief Risk Officer acts as a guard for protecting the organization from fraud, penalties, security breaches, lawsuits, and investment losses;

  • Responsibilities continued
  • • The Chief Risk Officer is responsible for the company's risk management operations, including overseeing the company's risk identification and mitigation activities;

  • • Conduct risk controls in compliance with ruling policies and regulations;

  • • Deliver appropriate advice in regard to new initiatives with the purpose of building in fitting controls for possible risks;

  • • Conduct compliance & risk assessments;

  • • Document project plans, action plans, presentations and project results;

  • • Participate in local and global discussions to formulate new or enhance existing security processes, policies and standards;

  • • Manage the implementation of all aspects of the risk function, including implementation of processes, tools and systems to identify, assess, measure, manage, monitor and report risks;

  • • Manage the process for developing risk policies and procedures, risk limits and approval authorities;

  • • Develop risk maps and strategic action plans to mitigate the company's primary threats, and monitor the progress of risk mitigation efforts;

  • • Develop and disseminate risk analysis and progress reports to company executives, board members and employees;

  • • Integrate risk management priorities into the company's overall strategic planning;

  • • Develop and implement information and risk assurance strategies to protect against and manage risk related to the use, storage and transmission of data and information systems;

  • • Evaluate potential operational risk stemming from employee errors or system failures that could disrupt business processes, then develop strategies to both reduce exposure to these risks and adequately respond when these issues occur.;

  • • Determine the company's risk appetite and quantify the amount of risk the company should take on;

  • • Oversee funding and budgeting of risk management and mitigation projects;

Requirements:

  • • The Chief Risk Officers must have critical thinking and problem-solving skills to quickly stop threats of significance to the institution;

  • • Good verbal and written communication skills are a must for the Chief Risk Officer to present their risk assessment results to the board;

  • • Chief Risk Officers must have ethical leadership skills for overseeing staff across the company’s compliance, finance, accounting, fraud prevention, human resources, and legal departments;

  • • Analytical and math skills are crucial for Chief Risk Officers to interpret vast amounts of performance data;

  • • Chief Risk Officers should have good organizational skills with an attention to detail in running the risk management unit;

  • • Computer skills are also important for the Chief Risk Officer to use complex auditing and statistical analysis software in monitoring risks;

  • • Candidates for this Chief Executive position must possess at least a four-year bachelor’s degree;

  • • Master of Science in Finance (MSF) or Master of Business Administration (MBA);

What we offer:

  • • Permanent employment

  • • 25 Vacation Days per year

  • • Private Health Insurance

  • • Competitive salaries and conditions

  • • Working in an international team

  • • Pleasant working environment

  • • Working location: Novi Sad, Serbia


Join us!


Working location: Novi Sad

Please send your CV in English or contact us at hr@alternativepayments.com  for any additional information.

We appreciate your interest in our company, but please note that only short-listed candidates will be contacted.