Associate Director - Payments Risk Advisory and Oversight Manager

Job Description

Job Description What is the Opportunity? The Payments Risk Advisory and Oversight Manager will support key elements of the Payments Program to execute a robust CUSO Payments Risk Management Program, to ensure policy and standard requirements are adhered by all Segments within CUSO. This role will execute effective oversight and challenge over the business/First Line of Defense (1LOD) and help support the development of the Payments Risk Profile, by platform, by legal entity. The role will be instrumental in ensuring program effectiveness by providing education, collaborating across teams, and promoting Payments awareness across the organization to ensure overall organizational resiliency. What will you do? Support the CUSO Payments Risk strategy, culture and activities that enable the team to operate as an integrated organization Provide recommendations on policies, processes, and tools for CUSO Payments Risk management Participate in various forums, working groups, and committees as well as monitor the internal and external environment to keep abreast of organizational, regulatory, strategic, and operational changes and environmental trends impacting business continuity management practices Investigate large loss events/incidents related to Payments/Fraud/business disruption to assess potential systemic weaknesses and ensure appropriate corrective action Partner with first line of defense on the execution and effectiveness of the Payments program (independent reviews, deep dive reviews, risk assessments and coordination of scenario analysis) to gain assurance on current and emerging issues Execute an annual CUSO Payments Risk Assessment to support accurate view of the Operational Risk Profile Provide SME review and challenge of risk routines and assessments (e.g., new products, change, RCSA, control testing, etc.) What do you need to succeed? 4 years of Payments Risk experience with knowledge, skill and background in Operational Risk, Compliance, and/or Audit ideally within the Banking and/or financial services industry Sound Knowledge and experience with operational risk programs, risk assessment, internal controls, monitoring and reporting. Payments Risk and Fraud Risk experience and/or knowledge of global best practices Under-graduate degree or equivalent experience Nice-to-have Accredited Payments Risk Professional (APRP) Accredited ACH Professional (AAP) Accredited Faster Payments Professional (AFPP) Certified Fraud Examiner (CFE) Certified Anti-Money Laundering Specialist (CAMS) What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching

Required Skills