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Sutton Bank · 1 month ago

Payments Risk Management Oversight Manager

Columbus, OH

Full-time

Onsite

Senior Level

7+ years exp

Sutton Bank is responsible for oversight within the First Line of Defense for Payments programs. The Payments Risk Management Oversight Manager will lead a team of analysts to minimize risk through continuous monitoring, testing and analysis, ensuring compliance with applicable laws and regulations.

BankingCommunitiesFinancial ServicesMortgageVenture Capital

Responsibilities

Acts as the primary point of contact for exams to lead, manage, and track all exams to ensure timeliness as well as consistency in approach, information, and operational readiness

Manages a team of Analysts within the First Line of Defense (1LOD) providing oversight of the Payments programs through continuous monitoring, testing and analysis

Performs Risk Assessments and gap analysis

Maintains working knowledge of federal regulations applicable to Payments, and awareness of significant risk and control issues within Payments Division

Aids in the development of and subsequently leads the Issue Management program within the 1LOD, including development of standards and procedures, action plans and reporting. Managing issues through to completion for both First Line and the programs under First Line oversight

Identifies and analyzes trends/themes within large data sets

Works with stakeholders to problem solve, define, develop and implement solutions in cross collaborative setting

Manages multiple project initiatives to completion under deadlines

Identifies meaningful metrics / KRIs / KPIs to inform on the health of the Payments programs and 1LOD controls; establishing efficient and effective governance and reporting

Partners effectively with peers and colleagues within 1LOD and across various functions of the Bank to drive consistent and effective practices

Works with the HR Manager to manage the execution of the training program to the first-line bank staff and third-party agents, including the oversight and development of monitoring standards and appropriate risk-based coverage of all significant first-line banking activities

Works with HR to initiate corrective action and/or development plans, evaluate performance and develop staff members

Qualification

Regulatory complianceRisk managementManagerial experienceData analysisCRCM certificationCommunication skillsInterpersonal skillsProblem-solving skillsStrategic thinking

Required

Bachelor's degree in Business Administration or related field

Seven to ten years of regulatory compliance or risk management experience supporting consumer financial products or services at a large or complex banking institution

At least five years of managerial experience gained working in such capacity

Ability to communicate effectively and clearly, both in verbal and written communications

Excellent interpersonal skills

Strong knowledge of the business area that is being supported

Self-directed and motivated

Ability to manage multiple tasks

Excellent problem-solving skills

Ability to read, analyze and comprehend journals, audit reports, regulations and legal documents

Ability to respond to common inquiries or complaints from employees, customers, regulatory agencies, or members of the business community

Ability to effectively present information to top management and employee groups

Proven abilities to manage, mentor, and develop direct reports, and foster and maintain productive working relationships

Strategic thinker, who possesses the ability to identify proactively risk management program needs and deficiencies, and opportunities for improvements

Demonstrates strong risk management acumen, and in-depth knowledge of controls