Risk Manager

Job description

We are seeking a dynamic individual to join our team as the Risk Manager for Israel. The successful candidate will be responsible for managing the risk function in Israel, overseeing risk identification, assessment, and mitigation efforts to safeguard the stability and integrity of the organisation's operations in the region. This role requires a seasoned professional with a deep understanding of regional market dynamics, regulatory requirements, and industry best practices.

Your mission Be a critical member of the LATAM & MEA Risk team in developing and executing a global risk management strategy tailored to Israel. Ensure consistent application of risk management methodologies, policies and procedures across all Israel operations. Conduct risk self assessments for the business in entities, as per risk management principles, supporting remediation and closure Work closely with product teams to value add on risk insights into product changes, new product and market launch, open issues and horizon risks relevant to the region.

Monitor and analyse regional market trends, product risks, incidents, regulatory developments, and emerging risk factors to assess their impact on the organisation's risk profile and recommend appropriate risk mitigation strategies. Oversee the implementation of risk management tools and systems for Israel leveraging technology and data analytics to enhance risk monitoring, reporting, and decision-making processes. Work collaboratively with business units and functions to design and implement effective risk mitigation strategies, controls and action plans.

Monitor the effectiveness of controls and recommend enhancements as necessary. Provide timely and accurate risk reports and updates to senior management and the board of directors, highlighting key risk exposures, trends, and emerging risks in the region. Develop and maintain effective relationships with regional regulators, industry peers, and other external stakeholders to stay abreast of regulatory developments, industry trends, and best practices in risk management.

Qualifications

3+ years of experience in the financial industry, with a focus on Israel, ideally with first line and second line experience. Proven track record of successfully leading risk management functions with strong business engagement, including developing and implementing risk frameworks, policies, and procedures and leading teams.

Extensive experience in at least one of these

operations, enterprise risk and/or regulatory risk management within the financial services industry, with a focus on Israel Good understanding of risk management principles, risk systems, reporting tools, including policies and frameworks Excellent analytical, problem-solving, and decision-making skills, with the ability to analyse complex issues and develop practical solutions in a dynamic and multicultural environment.

Strong understanding of regional market dynamics, regulatory requirements, and geopolitical factors impacting the region, with the ability to assess and quantify risks across various business lines and geographies. Excellent communication and interpersonal skills, with the ability to effectively interact with senior management, regulators, and other stakeholders Thrives in a fast-paced, dynamic environment and is comfortable navigating the complexities of a subsidiary operation.

Demonstrates a strong ability to drive results internally with global teams, while fostering a culture of local ownership and initiative. Strong commitment to integrity, ethics, and professionalism, with a passion for promoting a strong risk culture and fostering collaboration across the organisation. Deep knowledge of Israeli regulations related to payment services, specifically regarding risk management. Must be an Israeli citizen and based in Israel.

Native or fluent Hebrew speaker with strong English communication skills.