Risk Manager, Payments (Kazakhstan)

About the role

Binance is exploring opportunities to expand its licensed payment business in Kazakhstan and the broader CIS region. We are looking for a Risk Manager to build and run an independent, regulator-ready risk management function for the local licensed payment business, meeting NBK and AFSA requirements from day one and supporting the business as it grows.

Responsibilities

• Design, implement, and maintain the risk management framework of the local licensed payment business in line with NBK and AFSA requirements, including risk policies, procedures, and the three lines of defence model;
• Develop the risk appetite statement, risk limits, and key risk indicators, and monitor compliance with them on an ongoing basis;
• Identify, assess, and monitor key risks, including operational, liquidity, currency, counterparty, fraud, outsourcing, information security, and compliance risks, and maintain the risk register;
• Monitor compliance with prudential norms and capital requirements, including capital adequacy, liquidity, and open currency position limits, and escalate breaches or early warning signals;
• Assess counterparty risk of partner banks and other key counterparties, including risks related to the safeguarding of client funds;
• Conduct stress testing and scenario analysis, and contribute to capital and liquidity planning;
• Perform risk assessments of new products, services, and material changes, including those involving digital assets, and provide risk opinions to management;
• Maintain the operational incident and loss event database, analyse root causes, and track remediation actions;
• Oversee business continuity and operational resilience arrangements in cooperation with the technology and operations functions;
• Prepare risk reports for the Board of Directors, its committees, and senior management, as well as risk-related regulatory reporting to the NBK and AFSA;
• Support regulatory inspections, internal and external audits from a risk management perspective;
• Work closely with compliance, finance, technology, and Binance's global risk teams to align local risk practices with group standards, and promote a strong risk culture across the local business.

Requirements

• Degree in finance, economics, mathematics, or a related field; professional certification (FRM, PRM, CFA) is an advantage;
• 5+ years of risk management experience at a bank, payment organisation, fintech company, or other regulated financial institution;
• Strong knowledge of NBK prudential and risk management requirements for banks and payment organisations, and of international risk management standards (Basel principles, COSO, ISO 31000);
• Hands-on experience with operational, liquidity, currency, and counterparty risk management, including limit setting and monitoring;
• Knowledge of the AIFC/AFSA regulatory framework is a strong advantage;
• Experience building or developing a risk management function, including policies, risk registers, and risk appetite frameworks;
• Experience preparing risk reporting for boards and regulators, and supporting regulatory inspections and audits;
• Strong analytical skills; advanced Excel required, SQL or Python is an advantage;
• Experience in crypto, digital assets, or e-money is an advantage;
• Ability to work independently and effectively with global cross-functional teams in a fast-moving environment;
• Fluent Russian and English required; Kazakh strongly preferred.