Risk Operations Specialist, Payments

IDB Bank is seeking an experienced Operational Risk Manager to join the Risk Management Organization in New York. This position sits within the Second Line of Defense and focuses on strengthening the operational risk program through careful oversight and disciplined execution. Role overview The Operational Risk Manager will work to improve the consistency and impact of operational risk processes. The role involves evaluating business operations from end to end, identifying key risk factors, and assessing whether controls are designed and implemented effectively. A core part of the job is to provide oversight, review, and credible challenge to ensure risks are properly monitored, escalated, and addressed. What you will do Analyze business processes and workflows to identify and assess operational risks, with a focus on key risk drivers and the effectiveness of controls. Conduct process-level risk reviews to understand how risks arise in daily activities, highlight control gaps, and spot emerging risk themes. Support the ongoing development of the operational risk management framework, including risk identification, assessment, monitoring, escalation, and documentation. Participate in Risk and Control Self-Assessments (RCSAs), contribute to risk identification discussions, and provide credible challenge to assessments. Requirements This role requires substantial operational risk experience, sound judgment, and the ability to add value quickly through disciplined execution. The ideal candidate demonstrates strong analytical skills and can effectively challenge and support risk management processes.

Advance Your Career with Point72’s Operational Risk Team The Operational Risk Group at Point72 is pivotal in identifying, monitoring, and reporting operational risk throughout our organization. We are also responsible for business continuity, managing third-party risks, and overseeing commercial lines of insurance (excluding employee benefits). Your Role and Responsibilities As an Operational Risk Manager, you will be instrumental in identifying, analyzing, and mitigating operational risks throughout our organization. Collaborating closely with Finance, Operations, Technology, Compliance, and other functional teams, you will enhance the firm’s risk profile and safeguard its value by proactively managing risks associated with internal processes, personnel, systems, and external events in line with our business goals. Your key responsibilities will include: Leading the implementation of Point72’s operational risk framework. Overseeing the capture, investigation, and root-cause analysis of operational incidents, ensuring effective documentation, remediation planning, and governance reporting. Conducting analysis, assessment, and continuous monitoring of operational risks across business units, including investment processes, trading operations, technology, and support functions. Evaluating new business initiatives and critical projects to ensure effective risk management. Enhancing the firm’s risk frameworks, policies, and standards while fostering a culture of risk awareness and accountability. Preparing and delivering comprehensive risk reports for senior management and governance committees. Essential Qualifications 15+ years of experience in risk management, auditing, or consulting. Bachelor’s degree in Accounting, Finance, Economics, Computer Science, or Engineering. Certifications such as PRMIA Operational Risk Manager Certificate, FRM, CRISC, CISA, and/or CIA are highly desirable. Demonstrated ability to build strong relationships and drive positive change across teams. Exceptional analytical skills to interpret risk data and provide actionable insights. Excellent written and verbal communication abilities. Experience with automation tools and software, including robotic process automation (RPA) platforms, GenAI, data analytics tools, and Tableau. Strong project management skills to assist with planning and implementing automation initiatives, including effective time management and organizational skills. Meticulous attention to detail and a commitment to thorough analysis and reporting.

Enterprise Risk Overview:Our Risk Management team is dedicated to establishing a comprehensive risk management framework that not only ensures compliance with regulatory standards but also acts as a facilitator for business operations. Collaborating closely with senior management, key stakeholders, and third-party partners, we focus on identifying, assessing, and mitigating operational risks across all business functions.Position Overview:We are in search of an enthusiastic Operational Risk Management (ORM) and Third-Party Risk Management (TPRM) Intern to contribute to our efforts in identifying, evaluating, and addressing operational risks within our organization. This role will involve refining our risk management frameworks and practices to ensure alignment with regulatory obligations and effective management of risks associated with third-party vendor relationships.Key Responsibilities:Conduct assessments of risks and controls.

About KalshiKalshi is pioneering a revolutionary category in finance: prediction markets. We empower individuals to engage in trading based on the outcomes of diverse events, transforming inquiries about the future into viable financial assets. After years of advocacy, Kalshi has achieved the historic legalization of prediction markets in the United States and is currently recognized as the fastest-growing financial market in the nation, featuring thousands of markets spanning politics, economics, finance, weather, technology, artificial intelligence, culture, and beyond.At Kalshi, we envision the potential for prediction markets to become the largest financial market globally, as they enable the conversion of any situation into a financial position.Our vision: build the largest financial market on the planet.Our mission: inject more truth into the world through the transformative power of markets.Our culture thrives on exceptional talent, hard work, and enjoying the journey. We are seeking ambitious and outstanding individuals to join our close-knit team in shaping the future of financial markets.Your RoleAs the Operations Risk Lead, you will be crucial in maintaining the stability and integrity of Kalshi's markets by managing post-trade processing and operational risk across our exchange. You will monitor trading activities continuously, safeguard customer positions, and act as the primary point of contact for clients and clearing members facing operational challenges. Your contributions will be vital in protecting participants, minimizing risk, and influencing the systems that drive Kalshi's next-generation markets.Key ResponsibilitiesOversee daily trading and clearing operations across both existing and new markets, ensuring accuracy, timeliness, and compliance.Serve as the main liaison for clients, brokers, and clearing members addressing trade or system issues, ensuring timely resolution and effective communication.Continuously assess risk exposure, system performance, and operational controls; promptly escalate and collaborate with engineering and risk teams to address and resolve issues.Proactively identify operational risks and assist in the creation and enhancement of automated monitoring and exception-handling systems.Lead or participate in incident response, root-cause analyses, and post-mortem evaluations to ensure actionable outcomes and ongoing operational enhancements.Collaborate across teams to drive continual improvements in risk management processes.

About KalshiKalshi is pioneering a transformative approach in finance through prediction markets, enabling individuals to trade on outcomes of various events and convert queries about the future into financial assets. As the first and only regulated prediction market in the U.S., we are rapidly expanding, boasting thousands of markets across diverse sectors including politics, economics, finance, weather, tech, AI, and culture.Our belief is simple: prediction markets can evolve into the largest financial market by turning every conceivable question into a financial position.Our vision: to establish the largest financial market globally.Our mission: to enhance transparency in the world through the power of markets.At Kalshi, we thrive on a culture of excellence, hiring exceptional talent and putting in the hard work to achieve our goals. We invite ambitious and skilled individuals to join our dynamic team and contribute to the evolution of financial markets.Role OverviewAs an Operations Risk Analyst, you will play a crucial role in maintaining the stability and integrity of Kalshi's markets through effective post-trade processing and operational risk management. You will continuously monitor trading activities, safeguard customer positions, and act as the primary contact for clients and clearing members facing operational challenges. Your contributions will be vital in protecting participants, mitigating risks, and refining the systems that drive the next generation of markets at Kalshi.

Role Overview Title: Director of Risk Management Location: New York, NY (in-office, 5 days per week) Base Salary: $175,000–$250,000 Equity: Competitive initial equity package, with refreshers Experience: 7–12+ years About Stratos Labs Stratos Labs builds technology for commodity risk management, serving the $10 trillion physical economy. The platform combines real-time market data, AI-powered exposure modeling, and automated trade execution. Operators use Stratos Labs to monitor risk, receive alerts, and act on recommendations, turning complex exposures into a managed, always-on hedging process. Founded in 2023 by a macro market-maker from Barclays and a trading systems engineer from Coinbase, Stratos Labs has raised over $20 million from investors including Andreessen Horowitz (a16z), Crucible Capital, Neo, and DST Global. What You Will Do This position leads all aspects of market and credit risk management for Stratos Labs. The Director of Risk Management designs and maintains frameworks, systems, and strategies that protect the company’s balance sheet. The role works closely with executives, engineering, compliance, and product teams to maintain a disciplined risk approach and to support capital efficiency as the company grows. Key Responsibilities Market Risk and Hedging: Build and maintain real-time visibility into firm-wide exposures, including those from client hedging, execution lags, and temporary risk warehousing. Develop and execute systematic hedging strategies across futures, options, and OTC markets to reduce slippage, basis risk, and execution costs. Credit Risk and Counterparty Management: Create and oversee the credit risk framework, including counterparty evaluation, onboarding, exposure limits, credit lines, and margin requirements. Underwrite and monitor risk for clients using margin or financing, develop models to track exposure at default, collateral, and margin sufficiency. Set and enforce escalation protocols for margin calls, position changes, and trading restrictions.

Join Hudson River Trading as a Commodities Risk Manager in our vibrant New York City office. In this critical role, you will lead the design, enhancement, management, and communication of market and liquidity risk associated with commodities instruments and strategies. You will be entrusted with a comprehensive mandate to oversee all aspects of commodities trading risk, offering you the opportunity to thrive in the dynamic environment of automated trading while collaborating with some of the industry's brightest minds. As the inaugural Commodities Risk Manager, your contributions will significantly influence a burgeoning sector of HRT's operations, presenting both challenges and the chance to engage with multiple asset classes and investment timelines.

Director of Risk Management Location: New York, NY or Philadelphia, PA About WithCoverage: WithCoverage is revolutionizing the insurance industry with AI-driven risk management solutions tailored for today’s fast-paced market. We collaborate with numerous high-growth, innovative companies such as GoPuff, Eight Sleep, Bombas, Chomps, and Blank Street Coffee. Our diverse clientele includes iconic consumer brands, leaders in hospitality, general contractors, advanced manufacturers, and next-generation defense contractors, all navigating complex risk landscapes that require agile partnerships. Our approach eliminates the fragmented, manual brokerage model, establishing a new standard in elite risk advisory through proprietary technology. Our in-house Agency Management System provides comprehensive visibility into policies, exposures, claims, billing, and commissions, enabling deep automation and superior decision-making that elevates service standards. Founded by JD Ross (co-founder of Opendoor) and Max Brenner (Bain, Compound), we have successfully raised over $43M from top-tier investors including Sequoia, 8VC, Khosla Ventures, and Crystal Venture Partners. Last year, we experienced over 10x growth while maintaining a positive cash flow, positioning ourselves at the forefront of an expansive opportunity. Our mission extends beyond enhancing brokerage services; we aim to redefine risk management across the entire economy. Why Join Us: Accelerated Growth: Enjoy rapid scaling with ample opportunities to lead, learn, and shape your career and the company's future. Impactful Work: Safeguard the world's most innovative brands in consumer products, hospitality, and advanced manufacturing. Industry Redefinition: Challenge the status quo in one of the largest and slowest markets through pioneering technology and automation. Competitive Rewards: We attract top talent and invest in your development, offering competitive compensation, meaningful equity, and excellent benefits. Internal promotions are a priority, along with clearly defined career growth pathways for all employees. About The Role: As the Director of Risk Management, you will spearhead our client risk advisory strategy and execution, assisting clients in navigating their unique risk profiles and ensuring optimal risk management practices.

Role Overview suno is hiring a Fraud and Risk Manager based in NYC. This position leads efforts to identify and reduce risks tied to fraudulent activity. The role focuses on safeguarding company assets and maintaining compliance with industry regulations. What You Will Do Develop and implement strategies to detect and prevent fraud Monitor risk indicators and investigate suspicious activities Work with teams to ensure regulatory compliance Recommend process improvements to strengthen controls Location This role is based in New York City.

ABOUT SOTHEBY'SFounded in 1744, Sotheby's stands as the world's leading auction house renowned for art and luxury goods. We facilitate access to and ownership of extraordinary art and luxury items through a variety of channels, including auctions, private sales, e-commerce, and retail. Our esteemed global marketplace is bolstered by a state-of-the-art technology platform and a network of specialists across 40 countries and 70 categories, encompassing Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, Design, as well as collectible cars and real estate. At Sotheby's, we believe in the transformative power of art and culture, and we are dedicated to fostering inclusivity, sustainability, and collaboration within our industries.THE ROLEThe Senior Risk Manager for the Americas plays a pivotal role in risk governance, reporting, and operational oversight. This position provides strategic guidance and technical expertise to ensure the effective operation of our risk management framework. The Senior Risk Manager is charged with safeguarding Sotheby's assets, employees, clients, visitors, and stakeholders.Reporting to the Director of Global Insurance and Risk Management, this role will oversee the implementation and daily management of Sotheby's insurance programs while promoting best practices in Risk Management throughout the Americas. Collaboration with key cross-functional teams and stakeholders, including Security, Human Resources, Finance, Compliance, Communications, Legal, Property & Facilities Management, and others, will be essential in identifying and implementing risk initiatives and driving standards.The Senior Risk Manager will assess factors that may expose Sotheby's to risk and will be accountable for devising strategies to mitigate those risks through technical, operational, or procedural safeguards, as well as the provision of insurance aligned with corporate requirements and risk appetite.

About The Role At Whop, we thrive in the dynamic landscape of digital markets. As a pioneer in our Payments Risk division, you will not just be part of a system; you will be instrumental in building it from the ground up. We are seeking a Payments Risk Specialist who will vigilantly monitor, analyze, and enhance transaction and merchant risk frameworks to facilitate our growth. What You’ll Do Oversee transaction activities and merchant conduct across various payment channels, including card and alternative methods. Investigate fraud patterns, chargeback trends, and misuse tactics, utilizing innovative investigative techniques to reveal the hidden activities of fraudsters. Collaborate with Compliance teams on Know Your Customer (KYC), Know Your Business (KYB), and onboarding risk management protocols. Refine rules and thresholds to optimize approval rates while mitigating losses, understanding that a simple 'no' is not the goal; precision is key. Create dashboards and alerts to highlight emerging risk trends, developing data narratives from scratch. Engage cross-departmentally to avert systemic risks while maintaining growth momentum. What We’re Looking For 2–5 years of experience in payments risk, fraud operations, or transaction monitoring, with a keen analytical mindset and the ability to interpret behavioral and financial signals. You excel in uncharted environments, capable of making principled risk decisions even amidst uncertainty and incomplete information. A strong analytical mindset with proficiency in interpreting behavioral and financial indicators. You possess a proactive 'can-do' spirit. Instead of waiting for perfect solutions, you devise workarounds, challenge limits, and find effective ways forward. Attention to user experience is paramount; you recognize that effective risk management is not just about minimizing losses but maximizing legitimate revenue. Bonus Qualifications Experience with digital goods, marketplaces, or content creator platforms. Familiarity with sponsor bank environments or card network monitoring programs. Your first 90 days will look like this: In your first month, you will thoroughly understand Whop’s payment risk processes. By the second month, you will take charge of daily operations, employing your analytical skills to identify fraud and make informed risk decisions. By the end of your third month, you will...

Role Overview Accordion is hiring a Vice President of AI Risk and Operations. This leader will guide the company’s approach to managing AI risks and improving operational processes. The role covers both strategy and execution, with a focus on keeping AI initiatives secure and effective. What You Will Do Develop and implement risk management frameworks for AI projects Ensure the integrity and security of AI systems Oversee operational processes and identify areas for greater efficiency Promote best practices across departments Location This position is based in Chicago, New York, or San Francisco.

Manager of Fraud Risk Strategy Current is a pioneering consumer fintech platform dedicated to transforming financial access for everyday Americans, with a community of over five million members. We offer an integrated suite of financial solutions designed to meet our members' diverse needs, empowering all Americans to build prosperous financial futures. Our headquarters in New York City fosters a results-oriented culture, driving us to innovate better products, accelerate growth, and empower our team to make a meaningful impact on our mission to enhance financial outcomes. About the Role: We are seeking a dynamic Manager to join our Fraud Strategy team, specializing in managing payments transaction risk. This pivotal role is ideal for individuals who excel in a fast-paced, collaborative, and data-driven environment. You will focus on minimizing fraud losses and operational costs while enhancing user experiences and ensuring compliance. As the owner of the fraud strategies across all card and money movement channels—including debit and credit disputes processing and merchant chargeback processes—you will play a crucial role in our company's expansion. We need a leader with a business ownership mentality and outstanding analytical skills. Key Responsibilities: Develop and manage strategies for payments risk capabilities (both automated and manual) to facilitate growth while mitigating risks, including managing money-in and money-out transactions, disputes processing, and negative balance management. Oversee the forecasting and management of total cost of risk, encompassing loss prevention, detection costs, and false positive costs to optimize risk-adjusted returns. Support the broader Payments Team’s risk roadmap, engaging in exploratory analysis, business case development, experimental design, performance forecasting, and model monitoring. Own the incident detection and management processes, including root cause analysis, resolution, and communication with internal and external stakeholders. Collaborate with Engineering, Product, Data teams, and other internal and external partners to deliver the payments risk roadmap. Contribute to fostering a robust risk management culture at Current. Identify and leverage emerging tools, capabilities, and data sources. Develop expertise in relevant regulations and partnerships with entities such as VISA and money movement partners to achieve business results. Work in partnership with Fraud Operations and Compliance teams to ensure adherence to compliance standards, including procedure management, regulatory exams, and issue resolution.

DriveWealth, based in New York, is seeking a Chief of Risk Management to lead the development and oversight of its enterprise risk management framework. As a key member of the leadership team, this role will shape risk strategy for a company at the intersection of traditional brokerage and digital asset innovation. Role overview This position centers on building and maintaining a risk infrastructure that supports DriveWealth’s global "Brokerage-as-a-Service" platform. The Chief of Risk Management will design systems that can scale with the company’s international growth, ensuring resilience and adaptability as financial services become increasingly API-driven. What you will do Develop and implement a comprehensive enterprise risk management (ERM) framework tailored to DriveWealth’s offerings, including fractional equities, stock loan activities, and liquidity management. Bridge traditional brokerage risk practices with emerging digital asset risks, addressing both operational and financial risk. Provide actionable insights and risk analysis to the Chief Risk and Compliance Officer and executive leadership, helping guide decisions in volatile global markets. Enable sustainable innovation by ensuring risk controls support both regulatory compliance and the company’s appetite for experimentation. Requirements Proven experience designing and managing enterprise risk management programs in financial services or fintech. Strong understanding of both traditional brokerage operations and digital asset risk. Ability to translate complex risk concepts into clear frameworks that support business objectives. Leadership skills to influence executive decision-making and foster a culture of compliance and innovation.

Arena Investors, LP is a premier global investment management firm dedicated to generating attractive, risk-adjusted, and consistent returns that remain uncorrelated to traditional market fluctuations. Our investment strategy is fundamentally based and asset-oriented, targeting opportunities across the entire credit spectrum, particularly in areas where traditional capital sources are minimal.We excel in the origination and acquisition of asset-oriented investments spanning various commercial and consumer asset classes, including private direct corporate lending, commercial real estate bridge lending, and other unique financial situations. Our expert investment team specializes in navigating off-the-run, stressed, distressed, illiquid, and esoteric transactions, crafting bespoke investment structures tailored to the distinct needs of each opportunity.To bolster our Risk Management Team, Arena is seeking a Senior Risk Manager to report directly to the Chief Risk Officer. This role is pivotal in managing the firm's risks associated with investment portfolios, particularly in the realms of distressed credit and special opportunities, as well as the burgeoning third-party insurance asset management sector.

Credit Risk Manager/Director @ NeloAbout NeloNelo is a prominent consumer fintech and e-commerce platform operating in Mexico, boasting over $500 million in annualized GMV and exceeding $70 million in annual revenue. Our mission is to empower consumers in Latin America by providing a modern alternative to traditional credit cards. To date, Nelo has successfully secured over $40 million in venture capital from esteemed investors such as Homebrew, Two Sigma Ventures, and Susa Ventures, alongside a $100 million asset credit facility from Victory Park Capital. Our dynamic team comprises seasoned leaders from top-tier technology companies such as Uber, Amazon, Rappi, and DiDi. We take pride in our agility, intellectual rigor, and operational efficiency. Nelo maintains offices in both Mexico City and New York City.Location: New York City or Mexico City, with 80% in-office presence.Language: Proficiency in English is required; Spanish is a plus.Role Mission: To enhance gross profit and ensure portfolio resilience through iterative testing of approval/decline processes, line assignments, and loan pricing & duration policies.Key Responsibilities:Portfolio Resilience: Within the first month, design a strategy to create a portfolio capable of absorbing a 100% increase in losses without allowing gross margin to decline below a predetermined threshold.Consistent Acquisition Cohorts: By the end of the third month, ensure that no stable segments exhibit a >=15% (relative) discrepancy between expected and actual credit loss performance at acquisition time, by adjusting short-term rules to target any that do.Early Momentum: Achieve a 1 percentage point increase in gross profit. While achieving the aforementioned outcomes, proactively seek opportunities to refine approval/decline processes, line assignments, pricing, or loan duration policies. Within three months, launch an experiment to test your hypotheses, with the goal of generating at least a 1 percentage point increase in gross profit within the treatment group by the four-month mark.Steady-State Profit Generation: By the end of your first year, produce a cumulative $1 million in gross profit attributable to your experiments and credit policy changes, escalating to $5 million by year two.

Jump Trading Group is dedicated to pioneering research and innovation. We empower brilliant minds in Mathematics, Physics, and Computer Science to explore scientific frontiers, break barriers, and apply groundbreaking research to the global financial markets. Our unique culture fosters constant innovation, requiring fearlessness, creativity, intellectual honesty, and an unwavering competitive spirit. We believe in collective success and unlocking individual talents through collaboration and mutual respect. At Jump, our research outcomes lead to exceptional risk-adjusted returns, developing and deploying technologies that transform our world, funding startups across various industries, and collaborating with leading global research organizations and universities to tackle pressing challenges.As a Risk Manager, you will join Jump Trading's Global Risk Management team, responsible for managing real-time risk across all trading teams. This role involves evaluating new trading strategies, markets, and products, as well as collaborating with Core Development and Technology teams to enhance the firm's internal risk framework, metrics, and reporting processes. This opportunity is tailored for experienced professionals with strong risk management expertise, technical skill sets, and a track record of thriving in high-pressure environments.

Join Payoneer as the Head of Risk Management, where you will lead our efforts in identifying, assessing, and mitigating risks across the organization. You will develop and implement risk management strategies, create a culture of risk awareness, and ensure compliance with regulatory requirements. This is an exceptional opportunity for a strategic thinker with a proven track record in risk management.

Join Point72 Asset Management as a Gas and Power Trading Risk Manager, where you will contribute to our dynamic Risk Management & Quantitative Research (RQR) team.The RQR team is integral to our investment strategy, fostering a robust culture of risk management and precise performance attribution. As a Risk Manager, you will spearhead research initiatives aimed at enhancing risk management practices, investment strategies, and portfolio construction, ultimately driving superior risk-adjusted performance. Your primary mission will be to safeguard the firm against excessive exposure while ensuring that our risk-taking approach is both strategic and measured.Your key responsibilities will include:Overseeing risk management activities for Gas and Power Trading portfolio managers, while also assessing risk across our Global Macro and Cubist Macro divisions. This includes:Identifying and communicating significant risks, encompassing credit, tail risk, liquidity, and convexity.Establishing effective risk guidelines and limits to ensure intentional risk-taking at both the individual portfolio and firm levels.Advancing stress testing and Value at Risk (VaR) methodologies.Creating a framework for capital allocation that maximizes risk-adjusted returns and profitability across all business units.Regularly managing and analyzing the firm’s risk exposures through insightful discussions and assessments.Leading innovative research to develop advanced risk management tools and analytics, leveraging collective expertise to enhance performance quality and risk-adjusted returns.Improving management's understanding of investment performance through the development of intuitive performance attribution frameworks and educating all relevant stakeholders.Collaborating with fellow risk managers to oversee market risk across the Macro sector.Mentoring and guiding Quantitative Analysts within the team.