Risk Officer

Location: The position is remote; however, the candidate must be based in Lithuania due to occasional in-person meetings at our coworking space in Vilnius.

About us:

CoinPayments is the first and leading crypto payment processor worldwide. With over 1 million users and more than 120,000 registered merchants in over 190 countries, CoinPayments has become one of the most widely used multi-crypto payment systems available online. Since 2013, we have developed a complete crypto payment gateway that allows merchants to accept over 100 cryptocurrencies and hold over 2,000+ altcoins, all on a single platform.

Job Summary:

We are seeking a highly skilled and proactive Risk Officer to join our dynamic team at CoinPayments, a leading crypto payment gateway. The Risk Officer will be responsible for identifying, assessing, and mitigating enterprise-wide risks, focusing primarily on IT risks, compliance risks, financial risks, and other operational risks associated with the rapidly evolving crypto payments space. This role will work closely with senior leadership, including the Board of Directors, and will play a key role in ensuring the company's risk management framework is robust and aligned with industry best practices and regulatory requirements.

Key Responsibilities:

Enterprise Risk Management:

1. Develop and implement a comprehensive risk management framework that addresses IT, compliance, financial, operational, and other enterprise-wide risks.
2. Identify, assess, and mitigate potential risks related to finance, compliance, data security, technological infrastructure, and other critical organizational risks.
3. Ensure that the organization’s risk appetite aligns with strategic objectives and regulatory requirements.

IT Risk Management:

1. Oversee the identification and management of risks associated with outsourced services as well as internal systems including potential cybersecurity risks, threats to platform integrity, customer data and payment data amongst others.
2. Work with IT teams to develop, implement, and continuously monitor security protocols and controls to protect payment processing systems from attacks, fraud, and system vulnerabilities.
3. Assess and mitigate risks related to system uptime, data breaches, and third-party vendor risks.

Compliance Risk Management:

1. Ensure compliance with applicable local and international regulations governing crypto payments, including AML (Anti-Money Laundering), Sanctions, KYC (Know Your Customer), KYB (Know your Business), etc.
2. Work closely with the Chief Compliance Officer and legal teams to ensure all business activities are aligned with regulatory frameworks.
3. Advise on the legal and regulatory implications of new product offerings and changes in the global crypto landscape.

Financial Risk Management:

1. Monitor and assess financial risks related to volatility in crypto assets, payment processing, and liquidity management.
2. Coordinate with the finance team to identify financial vulnerabilities and propose risk-mitigating solutions.

Risk Reporting and Analysis:

1. Provide regular risk assessments and reports to the Board of Directors and senior leadership, ensuring visibility into the status of risk mitigation efforts across all areas.
2. Support the development of internal and external risk audits to assess the effectiveness of risk management processes.

Strategic Risk Advisory:

1. Serve as the primary risk management advisor to the Board of Directors and executive team, providing insights into emerging risks and advising on appropriate strategies.
2. Engage with external auditors, regulators, and industry bodies to stay ahead of risk trends and ensure the company remains compliant with new and evolving regulations.
3. Crisis Management and Business Continuity:
4. Lead efforts related to business continuity planning and crisis management, particularly in the event of security breaches, system failures, or significant financial disruptions.
5. Develop and maintain comprehensive business continuity plans and disaster recovery protocols to minimize operational downtime and financial loss.

Key Skills & Qualifications:

• Education:
• Bachelor’s degree in Finance, Law, IT Security, or a related field. A professional certifications (e.g., CISA, CISSP, CRISC, FRM) is a plus.

• Experience:
• 5+ years of experience in risk management, with a focus on IT risk, financial risk, and compliance risk within the fintech, crypto, or financial services industry.
• In-depth understanding of the crypto payments ecosystem, blockchain technology, and the regulatory landscape (AML, KYC, KYB, etc.).
• Strong experience in cybersecurity risk management, ideally with a background in securing financial platforms.
• Familiarity with risk management software, data analytics tools, and enterprise risk systems.

What We Offer:

• Enjoy competitive salary
• Benefit from the flexibility of working remotely and setting your own hours to maintain a healthy work-life balance.
• Thrive in a fast-growing company with endless opportunities for professional development and career advancement.
• Work in an inclusive, flat structure where every team member's contributions are valued and impactful.

How to Apply: If you’re passionate about technology and the future of payments, please submit your resume using “Apply” button. Our dedication to inclusivity, diversity, equity, and accessibility shapes our aspiration for a workforce rooted in respect and committed to serving the diverse communities we value. We appreciate every applicant's interest in CoinPayments; however, we will only reach out to those selected for an interview.