In 2012, Ricardo became the first manager in Austrian History to win the Domestic League and Cup Double, with FC Red Bull Salzburg.
On August 21, 2012, Ricardo Moniz was appointed as the new manager of the Hungarian League club Ferencvárosi TC.  At FTC his devotion to football became immediately popular among fans and many successes followed. Yet, struggling with difficult circumstances, on December 1, 2013, Moniz was sacked by Ferencvárosi TC due to poor performance of the team.
In December 2013, he was mentioned as the possible new manager of Hannover 96, but the club appointed Tayfun Korkut instead. On 27 March 2014 he was named a new coach of Lechia Gdańsk. On 4 June 2014 he resigned from his position for personal reasons. Shortly after resigning from Lechia, he became new manager of TSV 1860 München.