Risk Manager – Credit and Debit Cards

Responsibilities

• Partners with leaders and Compliance colleagues in their assigned Line of Business Risk Managers across all regulatory disciplines, and Law Division personnel to provide regulatory guidance and credible challenge for the successful creation, implementation, and maintenance of an effective risk management framework.
• Act as trusted advisor to Business Line (BL) first line of Defense (1
  
  LoD) and Chief Risk Office (CRO) colleagues for projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations.
• Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors.
• Ensure the active identification, documentation and challenge or escalation of risks and their controls as appropriate.
• May influence policies and procedures to maximize profit potential and minimize regulatory exposure.
• Accountable for an effective partnership with 1
  
  LoD/CRO teams and with Risk Managers across other product and regulatory disciplines.

• Bachelor's degree, or equivalent work experience
• Typically, more than eight years of applicable experience
• Advanced understanding of the credit/debit card risk and control framework
• Regulatory expertise in the following regulations:
  Can-Spam, TCPA, FCRA, ECOA, UDAP/UDAAP, Reg Z, Reg E, and Reg II.
• Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact credit and debit cards
• Advanced understanding of the business line’s operations, products/services, and systems
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong leadership and management skills of processes, projects and people
• Strong written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills; comfortable presenting and defending regulatory guidance, even when it challenges the status quo
• Proficient computer skills, especially Microsoft Office applications
• Certified Regulatory and Compliance Manager (CRCM)