Deputy Head of Risk

Summary

Join Unlimit's Risk Management team as the dynamic Deputy Head of Risk! In this pivotal role, you will support the Head of Risk in strategic risk management across operations, handling various ad-hoc tasks to ensure compliance. You will liaise with regulatory authorities, manage relationships with card schemes (Visa, Mastercard), and implement card scheme rule updates. This role offers broad responsibilities and growth opportunities within a fast-paced fintech environment. The ideal candidate possesses a Bachelor's degree, 5+ years of relevant experience, and strong analytical and communication skills. Unlimit offers an attractive salary, paid time off, a modern workplace in Cyprus, and a multicultural team.

Requirements

• Bachelor’s degree in Law, Finance/Economics, Business Administration, or related field
• Minimum of 5 years of experience in: Card Schemes compliance, Risk management, Regulatory Compliance, Regulatory or related field in Fintechs or Acquirers
• Excellent understanding of payment industry, Card Schemes standards and regulatory requirements
• Excellent analytical, organizational, and decision-making skills
• Ability to communicate effectively across all levels of the organization and persuasively guide decision-making at all levels of the organization
• Strong ethical judgment and the ability to handle confidential information with discretion
• A proactive, detail-oriented individual who can work independently and as part of a team
• Fluent in English

Responsibilities

• Implement relevant Card Scheme rule updates and provide ongoing guidance to our merchants and internal teams, including Underwriting, Sales and Account Management
• Manage non-compliance notifications from the card schemes. Work closely together with our Merchants, Account Managers, Card Schemes and other stakeholders to solve these cases quickly
• Conduct oversight reviews of high risk merchants
• Develop and iterate processes to monitor our merchant portfolio against Card Scheme rules
• Take ownership over company’s operational merchant risk management processes, such as registration of Payment Facilitators, Digital Wallets etc. with the Card Schemes
• Evaluate existing procedures to refine and optimize merchant on-boarding and monitoring process
• Assist the Head of Risk in the daily duties and ad-hoc cases

Preferred Qualifications

Any other language

Benefits

• Attractive monthly salary paid in line with experience
• Vacation, sick, and paid holidays
• Full-time: 5/2 (Saturday and Sunday days off)
• Modern workplace based in Cyprus (Limassol)
• A team of top international professionals to learn from and work with
• Multicultural working environment