Manager, Commercial Card and Merchant Risk

KeyCorp
Cleveland, Buffalo, United States
Workplace: HybridFull timeUSD 96,000 - 181,000 annuallyFunction: Legal, Risk & ComplianceExperience: 5+ yearsEducation: bachelorsSkills: ["Excellent written and oral communication","Interpersonal skills","Organizational skills","Ability to influence others","Build strong relationships"]

Manage governance and execution of risk for Commercial Bank’s Commercial Card, AP automation, and Merchant Services products. Assess risk implications of new initiatives and product enhancements, improve the risk/control environment, and ensure oversight and reporting aligned with Key’s risk appetite. Partner across Product, first- and second-line risk management, and business development to incorporate regulatory and industry guidance, build risk framework awareness, and establish metrics and presentations.

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FursaFursa
KeyCorp
KeyCorp
17 hours ago

Manager, Commercial Card and Merchant Risk

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Last checked: 17 hours agoStatus: Live

Job Summary

Manage governance and execution of risk for Commercial Bank’s Commercial Card, AP automation, and Merchant Services products. Assess risk implications of new initiatives and product enhancements, improve the risk/control environment, and ensure oversight and reporting aligned with Key’s risk appetite. Partner across Product, first- and second-line risk management, and business development to incorporate regulatory and industry guidance, build risk framework awareness, and establish metrics and presentations.
Location: Cleveland, Buffalo, United States
Workplace: Hybrid
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Manager level

Key Responsibilities

  • •Assess inherent risk of product changes with Merchant Services and Card Issuing/AP Automation and develop an appropriate control environment within Key’s risk appetite.
  • •Collaborate with business partners to identify opportunities to enhance the risk and control environment to address regulatory or environmental changes.
  • •Partner with 2nd line risk management to maintain risk requirements in bank-wide policies and procedures.
  • •Partner with 1st line Product Management and business development to assess risk impacts of initiatives and implement controls and procedures to mitigate.
  • •Establish reporting using internal data, benchmarks, and industry/regulatory guidance; maintain understanding of regulations and network rules impacting supported products.

Pay and Benefits

Salary: USD 96,000 - 181,000 annually

Key Requirements

  • •Bachelor’s degree required.
  • •Minimum 5 years industry experience in Payments or similar industry.
  • •Minimum 5 years Risk Management, within merchant services/merchant acquiring highly preferred.
  • •Demonstrate understanding of risk management best practice related to compliance, AML, credit, and operational risk within payments.
  • •Issuing or Acquiring side experience with card networks and familiarity with card network rules (preferred).
Experience:5+ yearsPaymentsMerchant acquiringFintechSaaS
Education:Bachelor's
Skills:Excellent written and oral communicationInterpersonal skillsOrganizational skillsAbility to influence othersBuild strong relationships
Certifications:Certified Anti-Money Laundering Specialist (CAMS)Accredited ACH Professional (AAP)
Tech Stack:Microsoft OfficePowerPointExcelTableau

Company Brief

KeyCorp
KeyCorp operates KeyBank, providing retail and commercial banking, lending, wealth management, and investment services to individuals, businesses, and institutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Cleveland, United States
Founded: 1849
Glassdoor
Glassdoor: 3.6
WebsiteLinkedIn