Manager, Business Risk (Third-Party Risk)
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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. Our commitment to inclusion is woven into our DNA. We believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve. We p
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.
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
- The responsibilities listed above are not all inclusive and may be changed at any time.
- Salary range: $72,000 - $120,000
- 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.
- #LI-Remote
Benefits
Additional Information
We are a hybrid, remote-office company dedicated to growing our talent anywhere! We have onsite locations in: Sioux Falls, SD, Scottsdale, AZ, Louisville, KY, Troy, MI, Franklin, TN, Easton, PA. At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™. We are a financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products. We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. We celebrate, and embrace, our team members through our *HUMBLE*HUNGRY*SMART approach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.
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