(Senior) Risk Manager (all genders) - Zalando Payments

About the role

This role focuses on leading the risk assessment processes at Zalando Payments, ensuring the company maintains a comprehensive understanding of its overall risk profile. A key responsibility involves integrating environmental, social, and governance (ESG) factors into risk identification and evaluation. The manager will drive the risk inventory process and support the development of risk shielding concepts, contributing to the financial stability and regulatory adherence of the business.

The Senior Risk Manager will facilitate workshops to identify emerging threats and cultivate a proactive risk culture within the organization. This includes conducting simulations and stress tests to evaluate the resilience of the business model under extreme scenarios. The position requires preparing detailed risk reports for both internal management and external regulators, ensuring clear communication of risk exposures and mitigation strategies.

A critical part of the job involves managing the risk assessment for all new products, market entries, and significant operational changes. This ensures that potential risks are thoroughly understood and addressed before implementation. The ideal candidate will have strong analytical capabilities and a solid grasp of risk management methodologies, enabling them to effectively guide the company through complex risk landscapes.

The competitive salary for this full-time role ranges from $48,750 to $82,500 USD.

Skills that matter here

• Economics: A background in Economics provides the foundational knowledge for understanding market dynamics and financial risks relevant to this role.
• Business Administration: A degree in Business Administration offers a broad understanding of business operations and strategic management, essential for assessing organizational risks.
• analytical skills: Strong analytical skills are crucial for evaluating complex data, identifying risk patterns, and conducting stress testing scenarios.
• risk management: Experience in risk management is fundamental for leading risk assessment processes, developing mitigation strategies, and maintaining the risk inventory.
• communication skills: Excellent communication skills are necessary for facilitating risk workshops and preparing clear, concise reports for management and regulators.
• regulatory requirements: Knowledge of regulatory requirements ensures that all risk assessment processes comply with external standards and guidelines.

Who this role suits

• A person who thrives on identifying and analyzing potential business threats.
• Someone who enjoys fostering open dialogue and collaboration on risk-related topics.
• An individual who excels at preparing detailed, forward-looking reports for diverse audiences.
• A professional who is proactive in embedding risk awareness across an organization.

From the employer

Responsibilities

• Drive the Risk Inventory process to maintain a comprehensive 'Overall Risk Profile', integrating ESG factors as drivers across all material risk types.
• Support the development and monitoring of our risk shielding concept.
• Facilitate risk workshops across the entity to identify emerging threats and embed a proactive risk culture that promotes open dialogue on risk-taking.
• Undertake simulations and stress testing for 'plausible but extreme' scenarios to examine the resilience of the ZPS business model.
• Prepare high-quality, forward-looking risk reports for the ZPS Management Board and external regulators.
• Manage the risk assessment process for all new products, markets, and significant changes to existing business, ensuring that risks are fully understood and mitigated before go-live.

Requirements

• Completed studies in Economics, Business Administration, or a related field.
• Strong analytical skills and experience in risk management.
• Excellent communication skills and the ability to facilitate workshops.
• Knowledge of regulatory requirements and risk assessment methodologies.

Conditions

• Competitive salary between $48,750 and $82,500 USD.
• Full-time employment with relocation support.
• Opportunity to work in a diverse and inclusive environment.