Risk Manager, Nicosia

Are you a strategic thinker with a sharp eye for risk? Do you thrive in regulated, high-growth environments? At Emerald Zebra Recruitment we are hiring a Risk Manager to join our clients growing team in Nicosia (onsite), where you'll help shape the future of a licensed Electronic Money Institution (EMI) serving both local and international clients as their Risk Manager.

Why this role?

As a licensed EMI in Cyprus, operating under both Central Bank of Cyprus and UK regulators (FCA & PRA), we navigate a complex regulatory environment. That's where you come in. In this pivotal role, you'll lead our risk function identifying, assessing, and managing risk across the organisation while developing a proactive risk culture.

You'll work cross-functionally, embedding Key Risk Indicators (KRIs) into decision-making and helping us stay ahead of compliance expectations while supporting innovation in the fintech space.

You'll be responsible for:

• Developing and maintaining our enterprise-wide risk management framework.
• Ensuring ongoing compliance with Central Bank of Cyprus, FCA, and PRA requirements.
• Conducting financial crime risk assessments (AML, CTF, sanctions) across borders.
• Engaging with regulators and ensuring timely and accurate reporting.
• Assessing risks for new products, markets, and digital payment services.
• Implementing and monitoring KRIs, influencing strategic decisions at senior levels.
• Managing outsourcing and third-party risk, in line with current regulatory standards.
• Preparing the organisation for digital operational resilience regulations (DORA and UK equivalents).

You have:

• Hands-on experience in risk management within financial services or fintech.
• A strong understanding of regulatory frameworks in Cyprus, the EU, and the UK.
• Experience with cross-border AML/CTF/sanctions compliance.
• A track record of building or enhancing risk governance in regulated environments.
• Confidence engaging with regulators and presenting risk insights to leadership.
• Familiarity with DORA and the UKs operational resilience framework is a big advantage

You may also have:

• Certifications such as FRM, PRM, or ICA.
• Experience at an EMI, PI, or dual-regulated fintech firm.
• What's on offer:
• Attractive salary based on qualifications and experience
• Discretionary Bonus
• Paid Parking
• Team of motivated and friendly colleagues
• Career development prospects for the role to grow
• Provident fund
• Supportive and friendly team environment
• Flexible start time

If you are interested in the above position, please press Apply below or email your CV to terri.neofitou@emeraldzebra.cy