Risk Manager

Location: London / Hybrid (3 days in the office)

Term: Permanent/ Full-time

Salary: TBD depending on experience

Reports to: Head of Compliance (UK)

B4B Payments is a multi-award-winning, global financial services technology company offering an advanced transaction payments platform and APIs for emerging payments and financial services. Our flexible technology and comprehensive services include embedded finances, payment accounts, FX, rapid payouts, physical and virtual card issuing, and BIN sponsorship.

With over 18 years of expertise in payments, B4B Payments is headquartered in the UK. In Europe, B4B Payments is regulated as an e-money institution (EMI) authorised by the Financial Conduct Authority (FCA) and the Bank of Lithuania and is a Mastercard® Principal Member.

B4B Payments’ US division (B4B Payments USA, Inc. ) is based in Boston, MA, and specialises in enabling companies to reduce costs and increase efficiency in managing corporate expenditure and global payouts.

B4B Payments Europe and US divisions offer full and partial program management and support, in addition to comprehensive technical, regulatory, and service support to fintechs looking to launch or grow domestically and internationally.

B4B Payments is a Banking Circle Group company. A next-generation financial technology platform for global commerce, Banking Circle Group comprises a rich set of complementary e-commerce solutions. From international cross-border payments, accounts and liquidity management, and embedded finance to business payments & card issuing, B2B Buy Now Pay Later, and account-to-account payment methods, the ecosystem is delivering modern financial solutions to some of the largest and most successful companies around the world, as they accelerate the digitalisation of their customer and supply-chain.

The Risk Manager will provide support with upcoming regulatory developments, including internal risk governance enhancements, DORA operational resilience, Consumer Duty reviews, PSD3 etc all of which are increasing the complexity of risk management requirements.

This is a great opportunity to take ownership of risk management in an award winning fintech company, with direct influence of senior stakeholders and the chance to drive meaningful change and promote awareness and ownership of risk across the business.

• Act as the day to day owner of PCS risk management framework, ensuring risks are identified, assessed, and mitigated.
• Maintain the risk register and in some cases update the Business-Wide to ensure alignment with regulatory expectations and business objectives.
• Coordinate with risk owners across the business to ensure accountability and timely remediation of risks.
• Produce regular MI and risk dashboards for the Board, Group risk and compliance committee, and regulators.
• Lead the integration of new regulatory requirements into the risk framework (e.g., DORA, failure to prevent fraud).
• Close off audit items and manage risk audit
• Provide training to the business
• Clearly convey risk assessments, reports, and recommendations to executives, teams, and regulators, while influencing action and compliance
• Work with the board to develop a risk strategy
• Educate the business on risk and set risk maps

• Solid understanding of Risk management and of UK and EU regulatory frameworks
• At least 5 years of experience working within risk management within a regulated financial institution (e-money, payments, fintech, banking, FX, trading).
• Experience developing and maintaining risk frameworks, registers, and MI reporting.
• Experience in a managerial level or similar position
• Strong analytical and problem‑solving skills, with the ability to make sound, data‑driven decisions in complex compliance and risk management scenarios.
• Exceptional communication and relationship‑building skills, with the capacity to effectively advocate for solutions and gain buy‑in from diverse stakeholders

• Bachelors degree in a relevant field
• Professional Qualification in Risk Management
• Experience in a payments/fintech company
• Professional qualification (IRM, ICA, CISI,…