Manager, Business Risk

Pathward, N.A.

3d•Hybrid

About The Position

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.

Requirements

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

Responsibilities

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.