Job Description

ProjectOn is an international company specialized in the e-commerce and payments industry, working together with all stakeholders, including banks, financial institutes and international payment organizations.
ProjectOn offers a solution that allows businesses to implement modern payment tools that ensure effortless data collection, storage and completion of transactions with just a few customer's clicks.

Are you a trusted adviser? Can you explain complex matters in a concise and easy-to-understand way? Are you experienced with financial market regulation? Are you self-driven, but also a team player? Then you might be our new colleague.

With us you will be responsible to:

• Defining and executing a long-term vision for managing acquiring risks
• Conduct risk assessments, collecting and analyzing documentation, statistics, reports
• Building and owning risk relationships with payment partners, regulators, government agencies, and vendors
• Oversee the company’s global KYC, AML, and sanctions screening policies and related frameworks
• Serving as the key subject matter expert in acquiring risk across the company and/or with external partners
• Resolving the root cause analysis risk incidents and open findings
• Identifying risk and suggest commercially-viable controls
• Drive the internal preparation of interactions with regulators and acquiring partners
• Lead and participate in projects with a regulatory and compliance dimension
• Develop and implement internal risk management processes and policies
• Ensure information and documentation complies with local regulation, EU regulation and International Payment System standards
• To help ensure that relevant and reliable management reports are delivered to management and board committees on a timely basis in order to enable effective action to be taken where necessary.
• Set criteria on customer onboarding, underwriting, monitoring and control
• Manage and support a team of acquiring risk professionals 

We require:

• Experience managing fraud, chargeback, AML, compliance and credit risk within payments ( 5 years+)
• A good understanding of chargebacks, fee collections and investigations
• Extensive knowledge in acquiring fraud schemes and risk prevention methods and detection tools for digital, virtual and physical goods for both card present and card not present
• Able to influence, coach, and develop effective working relationships with employees at all levels, gaining their acceptance, and driving change
• Intellectually curious, and you can bring valuable insights into the team and business
• Data driven approach to problem solving
• Knowledge in International Payment Systems standards
• Solution-oriented team player
• Has the ability to operate with a limited level of direct supervision
• Relevant academic degree from Law, Business, Economics, or similar. Long-term work-experience may substitute formal education
• Fluent in English and Russian  

We Offer:

• Monthly remuneration: 3000-5000 EUR netto
• Convenient office location in Riga city center
• High energy, international and innovative team
• Annual assessment
• Further career progression opportunities.