Operational Risk Manager

Ryft Pay ltd.; Manchester; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A growing fintech company in Manchester is seeking a Risk Manager to develop its risk management framework. The role involves managing financial risks, overseeing compliance, and leading a team while enabling growth. Candidates should have at least 4 years of risk management experience in fintech or regulated environments. This full-time position offers hybrid working options and a chance for equity in the company.

Benefits

Meaningful equity options

25 days holiday + bank holidays

Regular team socials and offsites

Qualifications

• 4+ years of experience in risk management, preferably in a fintech environment.
• Solid understanding of FCA, PSD2, and AML regulations.
• Experience with acquirers or payment service providers.

Responsibilities

• Develop and maintain risk management policies and procedures.
• Manage an underwriting, compliance, and operations team.
• Monitor and assess financial risk exposures.

Skills

Analytical skills

Problem-solving skills

Excellent communication

Stakeholder management

Tools

SQL

Job description

Ryft is a rapidly growing, FCA‑regulated payment facilitator that enables platforms and marketplaces to seamlessly onboard merchants and process payments with compliance built in. Backed by leading investors and fresh from our Series A raise, we’re scaling fast and looking for ambitious talent to join the journey.

The Role

We’re looking for a Risk Manager to own and evolve Ryft’s risk management framework. You’ll play a critical role in protecting the business from operational, financial, and compliance risks while enabling us to scale with confidence. You’ll work cross‑functionally with compliance, underwriting, product, and engineering to ensure risk is well‑managed without becoming a blocker to growth.

Key Responsibilities

• Develop and maintain Ryft’s risk management policies, frameworks, and procedures
• Manage an underwriting, compliance and operations team
• Own the enterprise risk register and drive regular reviews across all departments
• Monitor and assess financial risk exposures (e.g. fraud, chargebacks, credit, merchant behaviour)
• Help underwriting to assess and manage merchant risk profiles
• Liaise with payment partners, acquirers, and regulators on risk matters
• Proactively identify new and emerging risks from business operations, markets, and partners
• Lead risk incident response and post‑mortem processes
• Deliver regular risk reporting to the leadership team and board
• Contribute to the enhancement of controls through automation and tooling
• Support audit and regulatory engagements related to risk

Requirements

• 4+ years of experience in risk management, preferably in a fintech, payments, or regulated financial institution
• Solid understanding of financial risk, operational risk, and regulatory requirements (FCA, PSD2, AML)
• Experience working with acquirers, schemes, or payment service providers
• Strong analytical and problem‑solving skills
• Excellent communication and stakeholder management abilities
• Ability to work in a fast‑paced, scale‑up environment
• Nice to have: Experience with fraud tooling, transaction monitoring, or data analysis (e.g., SQL)

What We Offer

• A chance to shape the future of payments at a high‑growth fintech
• Meaningful equity options
• Hybrid working with flexible hours
• 25 days holiday + bank holidays
• Regular team socials and offsites

Seniority level

• Mid‑Senior level

Employment type

• Full‑time

Job function

• Finance and Sales

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