Manager, Business Risk (Third-Party Risk)

About the Role:

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

The responsibilities listed above are not all inclusive and may be changed at any time.

Salary range:  $72,000 – $120,000

 
The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate’s experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future.
This role is also eligible for an annual performance-based incentive opportunity.  Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.

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