About MONEI
MONEI Digital Payments, S.L. is a Bank of Spain authorized Payment Institution (registry #6911) and the only native Bizum acquirer in Europe. We process payments for thousands of online and physical merchants across Spain and Andorra, with €228M in transaction volume in 2025 and a target of €1B for 2026. We are a direct Servired member, SWIFT member (BIC MONIES2M), PCI DSS Level 1 and ISO 27001 certified, and active participants in the European Central Bank's Digital Euro pilot.
About the role
We are looking for a Risk Manager who combines a strong legal background with a deeply technical and strategic view of the payments business. This is not a defensive compliance role: it is a critical function making daily decisions that directly impact MONEI's financial, regulatory, and reputational exposure — and our ability to keep growing at double-digit rates. The Risk Manager is the last line of defense before a merchant goes live on our platform. Their judgment determines which businesses can operate with MONEI, under what conditions, and with what additional safeguards: rolling reserves, transaction limits, enhanced KYC/KYB, real-time monitoring, guarantees, or specific contractual clauses.
In a market where most competitors apply binary policies (accept/reject), we want someone with the flexibility and judgment to design tailored risk architectures that protect MONEI without slowing growth. Saying "no" is easy; saying "yes, but here's how" is what makes the difference.
What you'll do
- Merchant onboarding decisions. Evaluate applications by analyzing vertical, business model, history, corporate structure, ultimate beneficial owners (UBOs), exposure to chargebacks, fraud, and regulatory risk.
- Design of mitigating measures. When a merchant presents elevated risk but commercial appeal, design packages of measures (reserves, guarantees, restrictive MCCs, enhanced monitoring, specific contracts) that allow safe operation.
- Risk policies and decision matrices. Maintain and evolve internal merchant acceptance policies, aligned with scheme rules (Visa, Mastercard, Discover, Bizum, SEPA), Servired requirements, and Bank of Spain regulations.
- Continuous portfolio monitoring. Review active merchants for behavioral changes: chargeback spikes, business model shifts, brand alerts, sanctions, adverse news flow.
- Coordination with AML/Compliance. Work side-by-side with the AML team to ensure consistency between KYC/KYB and merchant acceptance.
- Scheme and network interlocution. Manage Match/MATCH listings, brand protection programs (VAMP/VIRP, BRAM, Discover's risk programs), regulatory reporting, and audits.
- Structural fraud detection. Identify patterns, escalate cases, and propose systemic changes in product, contracts, or tooling.
- Strategic partner to commercial. Be an ally to the sales team — not a blocker. Explain the "why" behind every decision and propose viable alternatives.
What we're looking for
Must-have
- Legal education (Law degree), ideally with specialization in Commercial, Banking, or Financial Regulatory Law.
- 4+ years of experience in risk management, compliance, or legal roles at payment institutions, banks, EMIs, PSPs, acquirers, or specialized payments consulting.
- Deep knowledge of applicable regulations: PSD2/PSD3, AMLD/AMLR, MiCA, GDPR, Bank of Spain regulations, and scheme rules (Visa Core Rules, Mastercard Rules, Discover Operating Regulations, Bizum operating rules).
- Technical product mindset: ability to understand payment flows, API integrations, tokenization, 3DS, and digital business models (SaaS, marketplaces, subscriptions, BNPL, crypto, agentic commerce).
- Strategic, systemic thinking: not running checklists, but designing solutions.
- Professional Spanish and English (C1+).
Nice to have
- Experience evaluating high-risk verticals: gaming, crypto, adult, nutraceuticals, travel, ticketing, info-products, dropshipping.
- Operational knowledge of brand programs: VAMP/VIRP (Visa), BRAM and Excessive Chargeback Program (Mastercard), Discover risk monitoring programs.
- Experience with fraud scoring, device fingerprinting, and transaction monitoring tools.
- Familiarity with SQL or comfort working with dashboards (you don't need to be an engineer, but you do need to know how to ask the right questions of the data).
- Previous experience at a regulated scale-up.
How we work
MONEI is an AI-first company. We expect you to use Claude, Cursor, and equivalent tools to automate your work, generate analysis, and scale your impact: AI-assisted due diligence, policy drafting, merchant scoring, automated alerts. Anyone not using AI today in a risk function is operating at a disadvantage. The Legal & Compliance team works very closely with product, engineering, and commercial. You won't be in an ivory tower: every decision you make will have measurable operational impact. The people who thrive at MONEI are fast, direct, systemic, and prefer honest pushback over validation.
What we offer
- Competitive salary.
- Hybrid work (offices in Barcelona and Málaga).
- Top-tier stack (Claude Max, Cursor, internal risk tooling).
- Direct visibility to CEO and head of legal.
- A real opportunity to shape the risk function of the only Spanish Payment Institution with a Bank of Spain license growing at this pace.
How to apply
Send your CV and a short note (max. 1 page) describing a real anonymized case of a complex merchant you have evaluated: what you found, what you decided, what measures you applied, and what happened next.