Description:
The Business Risk Manager is responsible for the management and oversight of business risk and third-party evaluation activities. Role will assist with the implementation, development, and oversight of risk strategy, frameworks, and programs. Specializing in business and third-party risk, this role will consult with the business to ensure policies, practices, and standards are adhered to and risk is mitigated accordingly. Leads a team overseeing hiring, development, evaluation, coaching, and direction or responsibilities.
What You Will Do:
- Leads and develops a team of professionals responsible for risk analysis, review, and reporting
- Assesses risk position and communicates risk trends to senior leadership
- Maintains and manages the business and third-party risk review pipeline
- Oversees and reviews third-party evaluation and due diligence assessments and reporting
- Assists and supports critical projects and initiatives to support the path to revenue
- Maintains awareness and oversight of emerging risk trends
- Proposes acceptable changes to policy, processes, and procedures in support of new product development
- Responsible for supervision of others to include hiring, training, assigning, and directing work, establishing goals, evaluating performance, and resolving employee-related issues
- Oversees partner and third-party due diligence, including financial, operations, compliance, and regulatory assessments
- Executes on risk governance framework(s)
- Serves as escalation point for risk and third-party evaluation, solutioning, and approval
- Collaborates and builds relationships with other risks and line of business leaders to deliver on initiatives and establish trust with stakeholders
- Develops, monitors, and reports on KPIs and KRIs for various internal measures
- Proactively identifies gaps, roadblocks, bottlenecks, and inefficiencies that impact revenue initiatives and works to mitigate them
- Represents business risk at the appropriate level across the organization
- Other duties as assigned.
What You Will Need:
- Bachelor's degree or equivalent education and work experience.
- 5+ years of experience in a risk management role
- Prior experience in Third-Party Risk Management
- Merchant Acquiring Payment Solutions, Card Brand Rules, Direct-to-Debit, Payment Solutions, Sponsor Banking, Real-Time Payments, Consumer and Commercial Lending
- Leadership
- Innovation
- Strategic Thinking and Business Acumen
- Outcome Driven
- Planning and Organization
- Empowering others