Job Description
About Payoneer
Founded in 2005, Payoneer is the global financial platform that removes friction from doing business across borders, with a mission to connect the world’s underserved businesses to a rising global economy. We’re a community with over 2,500 colleagues all over the world, working to serve customers, and partners in over 190 countries and territories.
By taking the complexity out of the financial workflows–including everything from global payments and compliance to multi-currency and workforce management, to providing working capital and business intelligence–we give businesses the tools they need to work efficiently worldwide and grow with confidence.
Senior Director, Head of Risk
Location: New York, NY (Hybrid) — DC remote/hybrid considered
Reports to: CEO, Payoneer Digital Bank (with escalation to Board Risk Committee)
Function: Risk (Second Line)
About Payoneer Digital Bank
Payoneer Global Inc. has filed an application to establish PAYO Digital Bank N.A., a national trust bank designed to support stablecoin-enabled infrastructure for global businesses. This is intended to help deliver secure, compliant, and resilient stablecoinbased financial services (issuance, custody, payments, and reserve management).
Role Summary
We’re seeking a Senior Director to design, lead, and mature the Bank’s risk function. You will own the ERM framework, provide independent secondline oversight across all activities (including stablecoin issuance, custody, payments, liquidity and reserves), and operate as a trusted advisor to the CEO and Board Risk Committee.
What You’ll Do
- Own andmaintainthe Bank’s Enterprise Risk Management (ERM) framework.
- Provide independentsecondlineoversight of risks arising from the Bank’s activities, including stablecoin issuance, custody, payments, liquidity management, reserves management, and thirdparty/affiliate arrangements.
- Lead theenterprisewiderisk assessment (EWRA) process.
- Develop andmaintainthe Bank’s risk taxonomy and risk appetite for approval by senior management and the Board Risk Committee (covering operational, liquidity/treasury, technology & cyber, thirdparty/affiliate, compliance and financial crime/BSA/AML).
- Identify, track, and manage risk issues; oversee remediation plans throughto verified closure.
- Develop and deliver executiveandBoardlevel risk reporting, including KRIs and emerging risk analysis.
- Coordinatethirdpartyrisk management reviews and assessments across the lifecycle.
- Partner with Compliance and business/tech leaders to ensureexamreadygovernance, controls, and documentation.
- Align with PGI group risk standards whileretaininglocal accountability and regulatory ownership.
Who You Are
- 10+ years in enterprise risk management within a regulated bank, prudential supervision, orbankingfocusedconsulting, including leadership of an independent secondline function.
- Deep knowledge of banking risk types: operational, liquidity/treasury, payments/custody, technology & cyber,thirdparty/affiliate, and financial crime/BSA/AML.
- Experience withtechnologyenabledfinancial products (e.g., stablecoins, digital assets, payment and custody models).
- Track record building ERM, risk appetite, taxonomies, KRIs, andBoardlevelreporting; credible engagement with regulators and support of examinations.
- Executive presence, independent judgment, and the willingness to escalate material risk matters.
- Bachelor’srequired; advanced degree and/or FRM/CRCM/CAMS/CISA/CISSP/CRISC preferred.
In accordance with New York City Law, below is the annual base salary range for this position. Actual annual base salary is based on, but not limited to: experience, education, professional licenses, location and business needs. The position is eligible for health insurance, disability insurance, life insurance, 401k plan, paid-time off, and sick (and where applicable safe) leave. This position is also eligible for a discretionary year-end bonus.
The annual base salary range for this position is
$214,000—$283,000 USD
The Payoneer Ways of Working
Act as our customer’s partner on the inside
Learning what they need and creating what will help them go further.
Do it. Own it.
Being fearlessly accountable in everything we do.
Continuously improve
Always striving for a higher standard than our last.
Build each other up
Helping each other grow, as professionals and people.
If this sounds like a business, a community, and a mission you want to be part of, apply today.
We are committed to providing a diverse and inclusive workplace. Payoneer is an equal opportunity employer, and all qualified applicants will receive consideration for employment no matter your race, color, ancestry, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law. If you require reasonable accommodation at any stage of the hiring process, please speak to the recruiter managing the role for any adjustments. Decisions about requests for reasonable accommodation are made on a case-by-case basis.
