Risk Analyst

Risk Analyst

Amsterdam, Netherlands

• Are you curious, excited by experimentation and always looking for a better way of doing things?  
• Do you want to keep learning and developing whilst getting hands-on, payment-building experience?
• Do you want to have the opportunity to learn from payments experts and utilise your skills to help Modulr grow the business?
• If so, we would love to hear from you!

We are looking to hire a high-energy, and value-adding talented risk analyst to join Modulr, the fastest growing payments business in the UK and Europe.

About Us

At Modulr our mission is to move money efficiently to power business productivity. We are building a new digital payments service to make money flow more efficiently through businesses and the economy. This is a new type of payments account that is built for businesses that need faster, easier and more reliable ways to move money.

Our flexible platform and innovate approach allows our customers to utilise our payments account instead of a traditional bank account. Our accounts come with a sort code and account number, access to payment systems (eg Faster Payments and Visa) and everything our customers need from a payments account. They can instantly open as many accounts as they need, automate how they make and receive payments as well as the reconciliation processes these create. All in real time, 24/7 through their own systems utilising our API that integrates into any platform.

Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by payments giants PayPal Ventures and FIS Ventures, as well as startup and scale up specialists Blenheim Chalcot, General Atlantic, Frog and Highland Europe which enables us to leverage their resources and expertise to drive our growth initiatives. These partnerships provide us with the necessary provisions to propel our business to new heights.

Modulr values

• Building the extraordinary and going that extra mile
• Owning the opportunity, be passionate and proud of the time you invest
• Move at pace, reach your goals faster with us supporting you each step of the way
• Achieve it together, working as a team and being Modulite  

The Role

As a Risk Analyst in our Second Line Risk team, you’ll play a key role in maintaining Modulr’s strong risk management culture across Europe.
This is a great opportunity for a mid-level professional who wants to deepen their experience in fintech risk management, work with industry experts, and contribute to a rapidly growing, regulated payments business.

What You’ll Do

• Support the day-to-day operation of our risk management framework and help embed risk awareness across first line teams.
• Identify, assess, and monitor risks, ensuring mitigation plans are fit for purpose.
• Analyse data from incidents and control testing to spot trends, root causes, and improvement opportunities.
• Participate in risk governance forums, contributing analysis, insights, and constructive challenge.
• Track and report on risk remediation actions, escalating issues where necessary.
• Prepare high-quality risk reports and management information to inform decision-making.
• Promote a strong risk culture, acting as a trusted partner to teams across the business.
• Maintain awareness of the Dutch and EU regulatory landscape to support risk documentation and compliance.
• Contribute to broader second-line initiatives such as ad hoc reviews, audits, and regulatory requests.

About You

• 3+ years of experience in risk management, internal control within a regulated financial services or fintech environment.
• Solid understanding of risk management principles and how they apply to operational, technology, or regulatory risks.
• Exposure to payments, e-money, or financial infrastructure is an advantage.
• Strong analytical skills — able to interpret data, identify patterns, and translate findings into actionable insights.
• Excellent stakeholder management — confident communicating with and constructively challenging senior stakeholders.
• Clear and concise communication skills, both written and verbal.
• Proactive, organised, and comfortable working in a fast-paced, evolving environment.
• Fluent in English (Dutch is a plus). 

What can Modulr offer you

We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow. Our culture and values are putting you first and are about investing in your future.

• Share Options – We offer a Company Share Option Plan (CSOP), giving you the opportunity to benefit from any increase in share value in the event of a sale, merger or flotation.
• Bonus - Our annual discretionary bonus, paid in May for the previous year, is based on both company and individual performance.
• Pension Contribution
• Flexible benefits - €1000 to spend on benefits for you to choose from which suit your lifestyle and needs
• 33 days holiday (including bank holidays) + your birthday off - choose which days you take off to relax and/or spend time with loved ones
• Travel Commuting Allowance – we offer a commuting allowance to help cover the cost of traveling to our office
• Learning Opportunities – on joining Modulr you will embark on our 3-day onboarding programme to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1! But, we don’t want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels and platforms to allow you to grow and develop in Modulr.
• Modulr all-hands - join your colleagues for our company wide events throughout the year.
• Great workspace - Modulr thrives on innovation which is best done through in-person collaboration. This approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We have state of the art offices located in WeWork in Edinburgh, ScaleSpace in London, and WeWork in Amsterdam.

ModInclusion 

We believe that by seeing Modulr, and the world, from all sorts of angles, we can make life better for all. We want you to know that the things that make you, you — like your identity, age, ability, and background — are things that we will always celebrate and support with open arms.  As such, we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone.