paytm - Head of Risk - Paytm Europe

Luxembourg3mo ago

In Office Director EMEA Banking Payments Head of People Risk Manager Commodities Broker Risk Management Governance Reporting Product Marketing Stakeholder Management

Requirements

• Senior risk management experience within a regulated financial services environment. • Strong understanding of Enterprise Risk Management, Operational Risk, IT Risk and Risk Appetite frameworks. • Knowledge of DORA, EBA Guidelines, PSD2/PSD3 and broader European regulatory expectations. • Experience presenting to Boards, regulators and senior executive management. • Excellent stakeholder management and leadership capability. • Highly Desirable • Experience supporting a regulatory licence application or launch of a regulated financial institution. • Knowledge of merchant acquiring, payments, Open Banking and embedded finance. • Experience implementing Governance, Risk & Compliance (GRC) technology platforms. • Professional risk qualifications (IRM, PRM, FRM or equivalent). • Personal Attributes • Strategic, intellectually curious and commercially pragmatic. An independent thinker with excellent judgement and the confidence to provide constructive challenge where required. A collaborative leader capable of influencing across all levels of the organisation whilst maintaining the highest standards of integrity, professionalism and accountability. • Measures of Success (First 12 Months) • Establish Paytm Europe's Risk Management Framework prior to commercial launch. • Develop and implement the Company's Risk Appetite Statement and Risk Register. • Embed effective risk governance and reporting across all business functions. • Support successful regulatory authorisation and readiness for CSSF supervision. • Establish a strong risk culture that enables sustainable commercial growth. • Build a scalable Risk function capable of supporting Paytm Europe's European expansion. • Highly Desirable • Personal Attributes

Responsibilities

• Build the Enterprise Risk Framework • Design and implement Paytm Europe's Risk Management Framework, Risk Appetite Statement and supporting policies. • Develop a consistent methodology for identifying, assessing, monitoring and reporting risks across the organisation. • Ensure the framework remains proportionate, scalable and aligned with CSSF, EBA, DORA and other applicable European regulatory requirements. • Risk Governance • Lead the Company's Risk function and act as the second line of defence. • Provide independent challenge to Executive Management and business functions. • Prepare risk reporting for Executive Management, the Board and Board Risk & Compliance Committee. • Operational & Technology Risk • Oversee operational, technology, cyber, outsourcing, third-party and resilience risks. • Work closely with Technology and Operations to ensure DORA and operational resilience requirements are embedded by design. • Maintain oversight of Business Continuity and Disaster Recovery frameworks. • Commercial & Strategic Risk • Support new products, partnerships and market expansion through proactive risk assessment. • Provide commercially pragmatic advice that enables innovation while protecting the organisation. • Review strategic initiatives from an enterprise risk perspective. • Risk Monitoring & Reporting • Develop Key Risk Indicators (KRIs), risk dashboards and management reporting. • Maintain the corporate Risk Register and oversee remediation of risk actions. • Coordinate stress testing, scenario analysis and periodic risk assessments. • Leadership & Culture • Build and lead a high-performing Risk function. • Promote a strong risk culture through education, engagement and collaboration. • Work closely with Compliance, Financial Crime, Internal Audit and all first-line business functions. • Ideal Background • Risk Governance • Ideal Background

Benefits

• Effective risk management will be fundamental to Paytm Europe's ability to innovate, grow and maintain the confidence of regulators, customers, partners and shareholders. The Head of Risk will play a central role in ensuring that robust governance becomes a competitive advantage, enabling Paytm Europe to expand confidently whilst maintaining the highest standards of resilience, accountability and operational excellence.