Risk officer/Monitoring Specialist

Location: UK, Riga, Cyprus
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Our company is more than just a payment provider—we are strategic partner. With intelligent solutions, global reach, and a personalized approach, we empower businesses to thrive in the evolving digital economy. At Inwizo, our strength lies in our people: a diverse team united by a shared mission to make global commerce more accessible and inclusive. Together, we are redefining the future of payments.

Responsibilities

Card Schemes Risk Management

  • Support projects from major card schemes POV (Visa, Mastercard) on all risk and compliance matters.
  • Monitor, interpret, and implement evolving Card Scheme regulations and risk standards.
  • Support geographic expansion by advising on Scheme licensing and compliance requirements.

Risk Management & Compliance Oversight

  • Participate in the development and implementation of risk frameworks and compliance programs across Acquiring & payment products.
  • Support the merchant lifecycle from intake to go-live and ongoing monitoring, ensuring thorough risk assessment and implementation of controls.
  • Support maintenance of SOPs, risk policies, and regulatory procedures related to the Acquiring vertical.
  • Act as an SME for Scheme-related monitoring programs within the Acquiring vertical.

Strategic Leadership & Communication

  • Operationally drive execution of the strategic vision for the Payment Scheme Compliance and Risk Department.
  • Report on key compliance developments and risk-related matters.
  • Promote the use of technology to improve compliance processes and reduce operational costs.
  • Act as an internal SME and provide guidance on risk implications within the Adult Acquiring vertical.

Requirements

  • Minimum 3 years of experience in compliance or risk roles within Acquiring institutions.
  • Experience working with merchants in the Adult industry.
  • Strong understanding of Card Scheme regulations, onboarding risk standards, and regulatory frameworks within the Adult Acquiring vertical.
  • Experience working with high-risk merchants, as well as wider low- and mid-risk businesses across the EU and/or UK, is a strong plus.
  • Basic knowledge of KYC/KYB processes and merchant onboarding flows across low- to high-risk business verticals.
  • Experience working with Card Schemes and regulators, including audits, reporting, and licensing support.
  • Hands-on expertise with multi-jurisdictional compliance and UK & EU EMI regulations is a strong plus.
  • Excellent analytical, communication, and interpersonal skills.
  • Fluent English is required; additional languages are considered an advantage.
  • A practical and smart compliance mindset rather than purely rule-based compliance.
  • Proactive, self-motivated, and comfortable working independently in remote, international, and high-growth environments.

Conditions

  • Be part of a dynamic and inclusive team shaping the future of global payments.
  • Enjoy autonomy, influence, and the opportunity to contribute at a strategic level.
  • Work remotely with flexible arrangements alongside international colleagues.
  • Contribute to a mission-driven company that values innovation and integrity.
  • Gain exposure to and learn across different product verticals on a global scale.
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