Segment Risk Manager - Issuing Sponsorship

Huntington Bancshares • New York, NY

112d • $70,000 - $140,000 • Remote

About The Position

The position involves leading a team of risk professionals responsible for overseeing risk management policies and procedures related to Issuing Sponsorship, Card Brand, and Debit Network rules. The role requires identifying, assessing, and prioritizing risks across the Enterprise Payments segment, with a focus on Platform Sponsorship, Card Brand, and Debit Network rules. The individual will monitor external trends and changes in the payments industry that may affect the segment's risk profile and oversee the development and implementation of risk mitigation strategies and controls. Additionally, the role includes supervising the development and maintenance of risk policies, standards, and procedures that align with the bank's enterprise risk management framework. The candidate will partner with the team to prepare and present risk assessments and reports to executive leadership, risk committees, and regulatory bodies, and will support the segment in navigating regulatory audits and assessments. Continuous monitoring of risk exposures and emerging threats within the BIN and High-Risk Clients ecosystem is also a key responsibility, along with leading investigations and root cause analysis for significant risk events or breaches. The individual will coordinate the remediation of risk issues and ensure appropriate corrective actions are implemented, manage multiple Risk specialists, and positively influence direct team health and their development.

Requirements

• Bachelor's Degree
• Minimum of 7-10 years of experience in risk management, preferably in the banking or payments industry.
• Knowledge of payments processing, payment networks, and relevant regulatory frameworks.

Nice To Haves

• Certifications such as Certified Risk Manager (CRM), Certified Risk Professional (CRP), or Certified Information Systems Auditor (CISA).
• Strong leadership and relationship management skills including the ability to lead up and across the organization.
• Holds self and others accountable for meeting commitments by setting and clearly communicating expectations and roles and responsibilities relative to operational risk within Enterprise Payments.
• Superior organization, project management and analytical skills and attention to detail.
• High-level of commitment to quality work product and organizational ethics, integrity and compliance.
• Strong interpersonal skills and the ability to effectively communicate, both written and verbal.
• Ability to deal with ambiguity, multi-task and work effectively in a fast-paced environment.
• Demonstrated decision making and problem-solving skills to build shared agenda and drive results through collaboration.
• Ability to build a team, appropriately delegate and meet deadlines with minimal supervision.
• Proficiency in MS Office Suite.

Responsibilities

• Lead the team of risk professionals overseeing the risk management policies and procedures regarding Issuing Sponsorship, Card Brand, and Debit Network rules.
• Identify, assess, and prioritize risks across the Enterprise Payments segment, with a focus on Platform Sponsorship, Card Brand, and Debit Network rules.
• Monitor external trends and changes in the payments industry that may affect the segment's risk profile.
• Oversee the development and implementation of risk mitigation strategies and controls to address identified risks.
• Supervise the development and maintenance of risk policies, standards, and procedures that align with the bank's enterprise risk management framework.
• Partner with the team to prepare and present risk assessments and reports to executive leadership, risk committees, and regulatory bodies.
• Partner closely with the Enterprise Payments process owners to help ensure the segment remains compliant with Platform Sponsorship, Card Brand, and Debit Network Rules.
• Support the segment in navigating regulatory audits and assessments.
• Continuously monitor risk exposures and emerging threats within the BIN and High-Risk Clients ecosystem.
• Lead investigations and root cause analysis for significant risk events or breaches.
• Coordinate the remediation of risk issues and ensure appropriate corrective actions are implemented.
• Manage multiple Risk specialists.
• Positively influence direct team health and their development.
• Perform other duties as assigned.

Benefits

• Health insurance coverage
• Wellness program
• Life and disability insurance
• Retirement savings plan
• Paid leave programs
• Paid holidays
• Paid time off (PTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees