Risk Director

Nayax is looking for a highly skilled and experienced Risk Director to join the company. In this role, you will lead the design and establishment of a comprehensive risk management framework for a global leading fintech group. You will assess, evaluate, and manage risks across the business, building a robust risk function, establishing risk policies and procedures, providing actionable insights to senior leadership and fostering a culture of risk awareness.

The Risk Director will report to the Chief Legal Officer.  

IN THIS POSITION YOU WILL:

• Analyze current risks and identify potential risks affecting the company.
• Create risk policies and procedures.
• Lead the risk management for the global group, across all verticals, lines of business and territories in which the group operates.
• Establish tailored risk management processes for unique lines of business, including advanced financial services, credit issuance, crypto related services, and more. 
• Evaluate the organization’s past risk management strategies and compare potential risks with defined criteria, such as cost implications and legal requirements.
• Establish the company’s risk tolerance levels and implement measures to align with those thresholds.
• Develop and manage risk management.
• Deliver tailored risk reports to different stakeholders, including:
• Educating the board of directors on significant risks.
• Ensuring department heads understand risks relevant to their areas.
• Supporting individuals in recognizing their accountability for specific risks.
• Communicate external risks, including corporate governance concerns, to stakeholders.
• Design and implement business continuity plans to mitigate risks.
• Build a risk-aware culture by providing training and support across the organization.

WE ARE LOOKING FOR SOMEONE WITH:

• Proven extensive experience managing the risk function in an organization, or similar senior role in risk.
• Ability to manage a substantial function in a global corporation.
• Bachelor’s degree in Finance, Business, Industrial Management, or a related field;
• Experience the fintech industry — strong advantage.
• Experience working within a large, complex global organization.
• Strong analytical and problem-solving skills, with a keen eye for detail.
• Strategic mindset with the ability to understand and address broader business issues.
• Exceptional communication and presentation skills, with the ability to engage effectively with stakeholders at all levels.

WHY WOULD YOU LOVE THIS JOB:

• You will have the opportunity to manage the risk function in a global fintech leader, and build and design risk management frameworks.
• You’ll work in a dynamic, multinational, highly innovative environment.
• You’ll have a high-impact role that directly contributes to the organization’s success.

Nayax is a leading global fintech company founded in 2005 that offers a comprehensive solution to businesses around the world, aiming to improve their revenue and operational efficiency. Our vision is to create frictionless commerce experiences for both businesses and consumers, benefiting communities around the world. We value integrity, accountability, and honesty, values which are reflected in the way we work as we accompany our customers every step of the way on their road to success. 

Today, our global influence is reflected in our listing on both Nasdaq and the Tel Aviv Stock Exchange (TASE) and our 11 global offices with 1100 employees. Nayax Israel is our largest site, housing over 20 different departments and located in the prestigious Herzliya Hills, just a short drive north of Tel Aviv or a very short walk from the train station. 

Our open space offices accommodate our 500+ employees and when we’re not hard at work, you can find us enjoying an afternoon coffee on the balcony. 

For a glimpse of what it's like to work at Nayax, check out our Instagram account! https://bit.ly/3G3QDc4. 

In 2024, Nayax was included in the prestigious Dun & Bradstreet list as one of the Largest High Tech Companies by revenue growth. 

 Nayax is constantly growing and we are always on the lookout for enthusiastic,

innovative and eager individuals to join us on our journey!