Payments Risk Coordinator

Payments Partnerships

Financial Institution
Payments Partnerships and Programs require diligent risk assessment & management! In this role, you will help lead the charge and hold responsibility for preparation and coordination of documents for the Bank’s Payments Risk Committee meetings (PRC). You will report to the VP Payments Partnerships & Client Services and be responsible for reviewing all PRC submissions sent to the bank, meeting with internal/external teams to prepare the documents according to the bank’s requirements and guidelines, collecting any additional documentation necessary to support the agenda submissions, and manage the PRC meeting minutes. If you have experience in payments and financial services, Compliance, and/or Fraud Management, and want to become more involved in strategic partnerships with innovative Fintechs in the payments world, this could be an excellent opportunity for you to learn and grow in your career.

Key Responsibilities:
  • Provide support to the Payments Risk Committee Chairperson for all items associated with the risk committee. 
  • Review all PRC submissions sent to the bank.
  • Perform any necessary research for PRC submissions.
  • Meet with internal and external teams to review and prepare the agenda documents.
  • Compose PRC meeting minutes, disburse draft minutes to the committee for review and approval, and submit final approved minutes to the Board of Directors. 
  • Manage program fact sheets and Program Change Requests (PCRs), performing audits to ensure the program(s) are functioning live in alignment to the approved fact sheet(s). 
  • Perform audits of fact sheets and PCRs to ensure fact sheets are up to date accordingly. 
  • Document risk committee outcomes and update program fact sheets as needed. 
  • Assist in the identification of potential risk factors and determine solutions to mitigate exposure.
  • Participate in policy creation, review, and implementation. 
  • Effectively use Microsoft Office Suite and other applicable software solutions.
  • Comply with organizational policies and procedures.
  • Represent the organization in a positive and professional manner.
  • Attend all mandatory in-services and staff meetings.
  • Maintain confidentiality of customer and organization information.
  • Maintain effectiveness when experiencing major changes in work tasks or the work environment; adjusting effectively to work with new structures, processes, requirements or cultures.
  • Hold responsibility for compliance with the Bank Secrecy Act, and Anti-Money Laundering laws and regulations.
Ideal Background:
  • Bachelor’s degree in business or related field. 
  • Three years of experience in the areas of Payments, Compliance, and/or Fraud Management.  An understanding of electronic and card payment processes preferred. Or equivalent combination of education and experience.
  • The ability to communicate effectively and clearly, both in verbal and written communications.
  • Excellent interpersonal skills.
  • Strong knowledge of the business area that is being supported. 
  • Self-directed and motivated.
  • The ability to manage multiple tasks.
  • Excellent problem-solving skills.
  • Superior analytical skills.
  • Ability to respond to common inquiries or complaints from employees, customers, regulatory agencies, or members of the business community.  
  • Ability to effectively present information to groups of managers, employees, customers, etc. 
  • Ability to learn new software packages that are position specific.
  • Ability to define problems, collect data, establish facts and draw valid conclusions.  Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization exists.  Ability to interpret a variety of instructions furnished in a variety of formats.
Location:
Remote, Anywhere US
Principal Consultant:
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R&P Group is an executive search firm specializing in credit card recruiting, commercial credit card recruiting, payment processing recruiting, fintech recruiting, card sales recruiting, and prepaid card recruiting. R&P Group's relationship-oriented approach, due diligence and personalized service have led to many long-term clients, both with employers and candidates. R&P Group is based in Sioux Falls, SD and has clients all over the United States.