Risk Manager

About Nebius: Nebius is leading a new era in cloud infrastructure for the global AI economy. We are building a full-stack AI cloud platform that supports developers and enterprises from data and model training through to production deployment, without the cost and complexity of building large in-house AI/ML infrastructure. Built by engineers, for engineers. From large-scale GPU orchestration to inference optimization, we own the hard problems across compute, storage, networking and applied AI. Listed on Nasdaq (NBIS) and headquartered in Amsterdam, we have a global footprint with R&D hubs across Europe, the UK, North America and Israel. Our team of 1,500+ includes hundreds of engineers with deep expertise across hardware, software and AI R&D. The role The Risk Manager will serve as a key member of Nebius's Risk Management function, reporting directly to the Head of Risk within the Legal Department. This role is central to the day-to-day execution and continuous improvement of Nebius's enterprise risk management (ERM) framework, with a particular focus on risk identification, monitoring, and the maintenance and evolution of the company-wide risk register. Operating within a rapidly growing, global AI-infrastructure organisation, the Risk Manager will act as a critical liaison between the Risk Management function and Nebius's business units — including Finance, IT, Security, HR, Operations, Compliance, Procurement, Infrastructure, and Commercial teams. The role requires consistent, proactive engagement with business function leaders to ensure that risks are surfaced, assessed, documented, and tracked in a timely and structured manner. This is an operationally focused, high-visibility role that demands strong analytical rigour, clear communication skills, and the ability to build trusted relationships across the organisation. The Risk Manager will play an essential part in enabling Nebius to scale responsibly while balancing innovation, speed, and regulatory expectations. Your responsibilities will include:   Risk Identification & Assessment The Risk Manager will lead and coordinate ongoing risk identification activities across all business functions, including the execution of periodic update of risk surveys and leading risk assessment workshops. This includes partnering with functional leaders to systematically identify emerging, operational, strategic, and regulatory risks relevant to Nebius's operations, products, and markets. The role holder will ensure that risk assessments are consistent, evidence-based, and aligned with the company's risk appetite and strategic priorities. Risk Register Management & Monitoring A core responsibility of this role is the ownership and day-to-day maintenance of Nebius's company-wide risk register. The Risk Manager will ensure that the register is continuously updated to reflect new and evolving risks, changes in risk ratings, the status of mitigation actions, and shifts in the business or regulatory environment. The role holder will establish and maintain a structured cadence of risk register reviews with risk owners and functional stakeholders the Risk Manager will drive remediation and follow-up with accountable parties where needed Business Function Liaison & Cross-Functional Engagement The Risk Manager will serve as the primary point of contact between the Risk Management function and Nebius's business units on all matters relating to risk identification, assessment, and monitoring. This involves building and sustaining strong working relationships with stakeholders in Legal, Security, Finance, IT, HR, Operations, Compliance, Procurement, Infrastructure, and Commercial teams. The role holder will facilitate regular risk reviews and check-ins with functional leaders, ensuring that risk information flows efficiently between the business and the central risk function Risk Reporting & Insights The Risk Manager will contribute to the preparation of clear, concise executive-level risk reports, dashboards, and presentations for the Head of Risk, the General Counsel, and senior leadership. This includes translating complex risk data into actionable insights and recommendations that support strategic decisions, new initiatives, market entry, and product launches. Operational, Technology & Security Risk Support The Risk Manager will work in collaboration with the Infrastructure and Technology departments, to support the assessment and monitoring of cybersecurity and information security risks, infrastructure, cloud, and AI platform risks. We expect you to have:   4–7 years of experience in risk management, compliance, internal audit, or a closely related discipline, preferably within technology, AI, cloud infrastructure, or highly regulated environments Solid working knowledge of enterprise risk management frameworks such as COSO ERM or ISO 31000 Demonstrated experience in maintaining and updating enterprise-level risk registers and conduct