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Head of Risk, iGaming

  • Hybrid
    • Bucuresti, București, Romania
    • Cluj-Napoca, Cluj, Romania
    +1 more
  • Compliance

Job description

At SolidStake, we believe that powerful ideas deserve bold storytelling. As a venture studio at the intersection of marketing, digital entertainment, and operations, we specialize in launching and scaling brands that captivate audiences and redefine online experiences.

We’re not just strategists—we’re creatives, brand builders, and growth architects. From crafting breakthrough campaigns to driving data-informed performance, our teams blend imagination with insight to shape narratives that resonate and convert. Whether it’s bringing a new venture to life or accelerating one that’s already growing, we move fast, think big, and execute with purpose.

At SolidStake, we foster a culture where collaboration fuels creativity. We champion diverse talent and fresh perspectives, creating space for every team member to take ownership, elevate their craft, and make a real impact. Join us and help shape the brands—and the stories of tomorrow.

Position Overview:

We are seeking an experienced and commercially driven Head of Risk to lead and evolve our risk function. This role goes beyond traditional fraud prevention t is a key strategic position responsible for balancing risk mitigation with revenue optimization, directly impacting profitability and long-term business growth.

This role is business-critical, sitting at the intersection of risk, revenue, and product strategy. Protecting the company from fraud and abuse but actively driving profitability by optimizing risk-reward decisions across the player lifecycle.

This is a leadership role for someone who understands that over-restrictive risk kills growth, and weak risk kills the business and can balance both.

Responsibilities within the team:

Risk Strategy & Leadership

  • Define the company’s global risk strategy aligned with business objectives and work with relevant shareholders to deliver.

  • Act as a strategic partner to C-level and senior leadership on risk vs. revenue trade-offs

  • Review current procedures and define strategy for the Risk, KYC and wd processing departments of the company

  • Establish KPIs that balance player experience, fraud prevention, and revenue growth

  • Design and implement risk strategies that maximize net revenue, not just minimize losses

Fraud & Abuse Prevention

  • Develop and optimize systems to detect bonus abuse, multi-accounting, and payment fraud

  • Implement real-time and post-event risk detection models

  • Collaborate with Product/Data/Dev teams to improve fraud detection tools

WD payment processing

  • Own and optimize the end-to-end withdrawal process balancing speed, risk, and player experience

  • Define risk-based approval frameworks (automated vs. manual reviews)

  • Mitigate risks related to fraud

  • Align withdrawal controls with KYC and player risk segmentation

Revenue Optimization

  • Identify opportunities where risk policies can increase profitability

  • Identify “hidden revenue loss” in payment flows

  • Adjust thresholds based on player segmentation and behavior

  • Partner with CRM & VIP teams to protect high-value players

  • Introduce risk-based decisioning frameworks

Market Strategy

  • Define how the company operates safely in all type of markets

  • Build frameworks that allow aggressive growth with controlled exposure

  • Prepare the company for future regulation without slowing current performance

Data & Analytics

  • Build dashboards and reporting systems

  • Define fraud/risk indicators

  • Leverage data insights to optimize risk rules

Cross-Functional Influence. Act as a core strategic partner to:

  • CRM → bonus efficiency & abuse control

  • VIP → protect high-value players from friction

  • Product → build internal risk tools

  • Compliance → future-proof the business

  • Engineering → develop and scale risk systems, automation, and real-time decisioning capabilities

  • Affiliate → monitor traffic quality, prevent affiliate fraud

  • All Departments → provide risk guidance, advisory support, and practical assistance to ensure the business operates safely while maximizing revenue

The successful candidate will have a strong voice in business decisions, not just execution

Job requirements

Facing the challenges of the role requires:

  • 6–7+ years as a Head of Risk / Fraud / Payments within iGaming

  • Experience in all type of markets

  • Leadership experience in scaling risk operations

  • Proven impact on revenue optimization

  • Strong knowledge of fraud detection, withdrawal flows, and bonus abuse

  • Experience with data tools (SQL, BI)

  • Commercial and strategic mindset

This role directly influences revenue growth, enables safe scaling, and shapes regulatory readiness. It is a key strategic position within the company.

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