Risk Manager - Payments

JR United Kingdom; Cambridge; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading UK financial institution seeks a Payments Risk Manager to manage payment-related risks and compliance. This role demands expertise in payment systems and fraud prevention, driving initiatives that support secure payment operations. The candidate will collaborate with senior leadership and cross-functional teams, ensuring adherence to regulations and embedding a risk-aware culture.

Qualifications

• Deep expertise in UK/international payment systems and regulations.
• Strong fraud prevention and risk mitigation experience.
• Confident working with data and risk frameworks.

Responsibilities

• Lead initiatives to identify and mitigate payment-related risks.
• Engage stakeholders and ensure regulatory compliance.
• Drive continuous improvement and foster a risk-aware culture.

Skills

Fraud prevention

Risk mitigation

Stakeholder engagement

Regulatory compliance

Payment systems expertise

Job description

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Are you passionate about managing risk in the ever-evolving world of payments? A dynamic opportunity has opened up at a leading UK financial institution for an experienced Payments Risk Manager to play a key role in shaping and safeguarding critical payment operations.

What You’ll Be Doing

In this pivotal second-line role, you'll be leading initiatives to identify, assess, and mitigate payment-related risks, from operational exposure to fraud and financial crime. Working closely with senior leadership, cross-functional teams, and third-party experts, you’ll help define the future of secure and compliant payment processes.

Your focus will span:

• Payment risk strategy and oversight across channels (Faster Payments, CHAPS, Bacs, SWIFT, Open Banking)
• Fraud detection and financial crime prevention
• Regulatory compliance (FCA, PSD2, AML, PSRs)
• Stakeholder engagement and governance
• Driving continuous improvement and embedding a risk-aware culture

You're someone who:

• Brings deep expertise in UK/international payment systems and regulations
• Has strong fraud prevention and risk mitigation experience in a financial services context
• Knows how to lead with insight, communicate with clarity, and engage with impact
• Is confident working with data, risk frameworks, and evolving regulatory landscapes
• Can balance strategic oversight with operational effectiveness