Risk Manager (Fintech)

Location: Fully remote, Riga, Latvia

Salary: €2,500–€3,500 gross per month

Company

Latvia-based fintech startup operating in stealth mode within an international holding group and building a modern acquiring business with direct Visa and Mastercard membership.

What you will do

• Conduct risk-based due diligence and onboarding for e-commerce merchants.
• Assess merchants against Visa and Mastercard scheme rules, MCC classifications, and internal risk policies.
• Monitor merchant activity, transaction trends, and compliance with card scheme thresholds.
• Investigate suspicious merchant activity and implement risk mitigation measures.
• Perform ongoing merchant risk reviews and support AML-related monitoring.
• Support enterprise risk management, risk assessments, reporting, process improvements, and risk projects.

Requirements

• At least 1 year of experience in risk, underwriting, merchant onboarding, or fraud-related roles.
• Practical understanding of card scheme rules, MCC classifications, and merchant risk monitoring.
• Basic knowledge of AML/CTF principles and the ability to identify and escalate red flags.
• Familiarity with Visa and Mastercard risk programs and reporting processes.
• Experience with enterprise risk assessment frameworks or maintaining risk registers.
• English at C1 level and Russian at C1 level required; Latvian is an advantage.

Culture & Benefits

• Fully remote work.
• Competitive salary aligned with experience.
• Fast-track career growth with an opportunity to progress to Risk Director.
• High-impact role in a scaling fintech company.
• Social benefits and recognition of personal milestones and achievements.