Segment Risk Manager - Due Diligence

Description

Summary:

As part of the BIN Sponsorship Program, the Segment Risk Manager - Due Diligence role plays a key part of the smooth running of day-to-day risk oversight functions for sponsored entities, including upfront onboarding of new opportunities, due diligence, ongoing monitoring and annual onsite reviews.

The position is part of the Enterprise Payments 1st Line of Defense risk team and will ensure appropriate governance, oversight and risk management policies and procedures are implemented and followed.

Reporting directly to the Business Risk Officer Sr, you will join a group of dedicated professionals focused on creating the best-in-class client experience, product offerings and streamlined delivery of products, services and features.  The scope of clients includes direct merchants (small businesses as well as large mid-market clients) as well as sponsored clients like independent sales organizations (ISOs)/payment facilitators (PFs).

Duties and Responsibilities:

Perform upfront due diligence reviews, including credit, AML and risk policy review and approval

Determine lessons learned from onboarding a variety of clients to continue to enhance and streamline the end-to-end client experience

On a day-to-day basis, collaborate and partner with various risk partners and stakeholders across HNAB, including the 2nd LOD Risk, Enterprise Fraud, InfoSec, Third Party Relationship Management and 3rd LOD to effectively manage risk.

Support the BIN Sponsorship Program on activities to identify, measure, monitor, manage and report operational related risks (fraud, infosec/ cyber, model, third party)

Accountable in assisting the Segment and serve as a subject matter expert by advising and guiding operational risk initiatives, developing and monitoring KRI’s/ KPI’s, working with the segment to proactively self-identify operational risks and issues

Support risk identification, measurement and mitigation for new product and services leveraging best practices

Strong process orientation and problem-solving skills with an emphasis on risk management

Performs other duties as assigned.

Basic Qualifications:

Bachelor’s degree or in lieu of a Bachelor’s degree 4 additional years of segment-specific or risk related experience may be considered

Minimum of 5 years of experience in Audit, Compliance, Risk Management or Operational Risk.

Preferred Qualifications:

• Understanding of Visa, Mastercard, American Express and Discover rules and regulations
• Experience with card brand bank sponsorship on site audit processes
• Demonstrated ability to build and manage new policies, procedures and teams
• Experience working directly with sponsor banks in the merchant acquiring business
• Sponsor bank experience
• 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
• Ability to deal with ambiguity, multi-task and work effectively in a fast-paced environment
• Ability to build a team, appropriately delegate and meet deadlines with minimal supervision
• Proficiency in MS Office Suite
• Exempt Status: (Yes   = not eligible for overtime pay) ( No   = eligible for overtime pay)
• Yes
• Workplace Type: Office
• Our Approach to Office Workplace Type
• Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
• Huntington is an Equal Opportunity Employer.
• Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
• Note to Agency Recruiters:   Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume.  All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.