Risk Management Specialist

About Us

Wallester is a cutting-edge financial technology company that specializes in providing innovative solutions for businesses seeking to modernize their payment systems. By offering white-label card issuance platforms, seamless integration with existing infrastructure, and comprehensive support for both digital and physical cards, Wallester empowers companies to enhance their financial services and customer experience. Recognized as a leader in the FinTech space, Wallester has earned a reputation for its state-of-the-art technology, security, and scalability. Whether you are a startup or an established enterprise, Wallester delivers flexible, reliable solutions tailored to meet the evolving needs of the digital economy.

Key Responsibilities

We are seeking a structured, proactive, and detail-oriented Risk Management Specialist to join our Risk team in Tallinn. In this role, you will be instrumental in maintaining the risk management framework, working directly with the respective Member of the Management Board and cross-functional department heads.

You will be responsible for

• Operational risk tracking, managing the risk database, monitoring indicators, and preparing executive board reporting.
• Risk Governance & Registers: Facilitate recurring meetings with business units to review, update, and challenge entries in the central risk register.
• KRI & Control Tracking: Oversee Key Risk Indicators (KRIs) across the organization and maintain risk action tracking in RiskSmart software.
• Board Reporting: Draft structured risk reports and dashboards for the Management Board and Supervisory Board.
• Incident & Mitigation Management: Coordinate operational risk event reporting, root-cause analyses, and track implementation of mitigation measures.
• Policies & Training: Draft risk action plans, update policy frameworks, and conduct risk awareness sessions for internal teams.

Requirements

• Education : Bachelor’s degree in Finance, Accounting, Business Administration, Economics, Data Analytics, or a related field (Master’s degree preferred).
• Certifications: Professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), or equivalent risk/audit designations are strongly preferred.
• Core Experience: Minimum 2+ years of professional experience in risk management, internal control, or internal audit within the financial services sector.
• Regulatory Framework Knowledge: Direct experience with regulatory compliance frameworks and financial sector regulations is preferred.
• Systems & Tools: Hands-on experience working with Enterprise Risk Management (ERM) tools, GRC platforms, or risk database software is considered a strong advantage.

Skills & Competencies

• Strong understanding of operational risk frameworks, risk assessments, key risk indicators (KRIs), and internal control mechanisms.
• Meticulous attention to detail with proven ability to analyze complex data sets, spot anomalies, and evaluate business risks.
• Excellent written and verbal communication skills, with the ability to articulate complex risk insights clearly to stakeholders at all levels.
• English: Professional fluency (C1 level or higher) is required for daily cross-functional communication and reporting.
• Estonian: Working proficiency or fluency is highly advantageous.

We offer

• Competitive salary
• Career opportunities
• Medical Insurance upon the completion of the probationary period
• Supportive and caring Leadership
• A modern office in the center of Tallinn
• A chance to work as part of a highly motivated and talented team
• Referral program
• Stebby
• Company Events
• Free parking

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