Payments Risk Manager

Location:

JOB BRIEF

The first line Risk team within Commercial Bank is responsible for the governance and tactile execution of owning and managing risk, optimizing risk and return, and enabling sound growth with speed for the business. As part of this team, the Risk Manager for Commercial Card and Fintech has responsibility for identifying and developing frameworks, implementing appropriately within the line of business, assessing risk implications of new initiatives, and maintaining oversight and reporting as required across Key’s Commercial Card and Fintech products. This also includes understanding regulatory impacts, industry perspective and Key’s own risk policies. The role requires an individual who demonstrates the ability to influence others, build meaningful relationships across the organization, act with a sense of urgency, and has solid communication skills.

ESSENTIAL JOB FUNCTIONS

• Own and manage the framework to identify and oversee risk in the business
• Collaborate with line of business partners to identify opportunities or areas requiring clarification of risk requirements
• Partner with 2nd line of defense risk management to maintain risk requirements in bank-wide policies and procedures
• Partner with 1st line Product Management and Business development to assess the risk impacts of new initiatives and appropriate controls and procedures to mitigate
• Develop awareness and understanding of risk framework throughout Commercial Bank
• Establish reporting leveraging internal data, benchmarks, and industry/regulatory guidance
• Maintain and understanding of regulations, regulatory guidance and network rules impacting supported products, including changes and trends in regulatory policies
• Create presentations and present as required
• Provide assistance and support to internal partners around risk related issues
• Use a continuous improvement mindset to improve risk identification, mitigation, and process efficacy

REQUIRED QUALIFICATIONS

• Bachelor’s degree required; minimum 5-7 years industry experience in Payments, Risk Management or Compliance strongly preferred
• Experience evaluating risk
• Demonstrate an understanding of risk management best practice related to compliance, AML, credit, and operational risk
• Excellent written and oral communication, interpersonal, and organizational skills
• Embrace a client-focused, positive mind-set work ethic
• Have desire to work in a team environment and willingness to backup team members as needed
• Proven ability to build strong collaborative relationship with internal partners throughout the organization including business development teams, operations, compliance, and all other areas of risk
• Be self-motivated and results-oriented
• Be able to function effectively under pressure
• Proficiency with PCs and standard Microsoft Office software

PREFERRED QUALIFICATIONS

• Certified Anti-Money Laundering Specialist Certification (CAMS)
• Accredited ACH Professional Certification (AAP)
• Issuing side experience with card networks and familiarity with card network rules
• Experience overseeing Fintech/SaaS vendor relationships

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $110,000 to $135,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Please click here for a list of benefits for which this position is eligible.

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

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