Head of Risk

As Head of Risk, you will take ownership of building and leading Wallee’s Risk function across the group. You will be the key point for defining how we identify, assess, and manage risks across all areas, from payments and acquiring to issuing and regulatory compliance.

This is a hands-on, pragmatic role: we are looking for someone who can shape frameworks, challenge assumptions, and make risk management an enabler for growth - not a blocker. You’ll work closely with the CVO, Compliance, Product, and Operations teams to keep our business safe, scalable, and ready for the next phase of expansion.

• →Define and maintain a practical, business-oriented Risk Management Framework that fits a fast-moving payment environment.
• →Monitor and report on the company’s overall risk exposure, ensuring alignment with our strategic goals and regulatory expectations.
• →Identify, assess, and manage key risks across acquiring, issuing, transaction processing, and merchant activities.
• →Oversee operational, financial, and partner risks, including relationships with acquirers, processors, and scheme partners.
• →Collaborate closely with Compliance to ensure regulatory alignment in both Luxembourg and Switzerland.
• →Build clear and actionable risk reporting for management, Board, and regulators.
• →Use data to identify emerging risks, trends, and potential weaknesses in our operations or partner ecosystem.
• →Drive continuous improvement in how risk is managed — embedding it into daily decision-making and product development.
• →Lead, coach, and develop a small but highly capable Risk team, promoting ownership and accountability.
• →Support internal and external audits, ensuring that our controls and documentation stand up to scrutiny without unnecessary bureaucracy.

• A minimum of 5 years’ experience in risk management in the financial sector is required.
• Strong understanding of risk types relevant to a payment provider: transaction, fraud, operational, partner, and liquidity risk.
• Familiarity with regulatory environments such as CSSF (Luxembourg) and/or FINMA (Switzerland), as well as card scheme expectations (Visa, Mastercard).
• Proven ability to build or scale a risk function — you’ve done it before or contributed significantly to it.
• Analytical mindset with a data-driven approach; you’re comfortable turning complex data into actionable insights.
• Excellent communication skills — able to work cross-functionally and make risk topics accessible to non-specialists.
• Pragmatic, proactive, and collaborative: you see risk as a business partner, not a control tower.
• Hands-on mentality with a strong sense of ownership and curiosity to learn new things.
• Fluent in English and German.
• Willingness to travel occasionally between Luxembourg, Switzerland, and partner sites.

We’re not looking for a “corporate risk manager.”
We’re looking for someone who understands that in fintech, risk and growth go hand in hand, someone who can combine structure with speed, insight with action, and integrity with ambition.