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Payment Risk Manager Jobs in Colorado (NOW HIRING)

Authorize payments, exercise remedies, and resolve disputes. * Maintain accurate and complete ... Provide contractual risk assessments and actionable recommendations to senior leadership to support ...

Authorize payments, exercise remedies, and resolve disputes. * Maintain accurate and complete ... Provide contractual risk assessments and actionable recommendations to senior leadership to support ...

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Payment Risk Manager information

What is the difference between Payment Risk Manager vs Credit Analyst?

AspectPayment Risk ManagerCredit Analyst
Required CredentialsBachelor's degree, certifications like CRCM or RMA often preferredBachelor's degree in finance, economics, or related field; certifications like CFA or credit analysis courses
Work EnvironmentFinancial institutions, payment processing companies, e-commerce firmsBanks, lending institutions, credit bureaus
Employer & Industry UsageFocuses on managing payment fraud and risk in transaction environmentsEvaluates creditworthiness of individuals or businesses for lending decisions

The Payment Risk Manager primarily focuses on mitigating risks associated with payment transactions, while the Credit Analyst assesses creditworthiness for lending. Both roles require financial knowledge and analytical skills but serve different aspects of financial risk management.

What does a Payment Risk Manager do?

A Payment Risk Manager is responsible for identifying, assessing, and mitigating risks related to payment transactions within a company. They develop strategies to detect and prevent fraud, monitor payment activities, ensure compliance with relevant regulations, and analyze transaction data to identify suspicious patterns. Their work helps protect both the organization and its customers from financial losses and ensures secure and efficient payment processes.

What are the key skills and qualifications needed to thrive as a Payment Risk Manager, and why are they important?

To thrive as a Payment Risk Manager, you need a strong background in finance, risk assessment, data analysis, and a relevant degree in business, finance, or a related field. Familiarity with payment processing systems, fraud detection tools, and risk management software, as well as certifications like Certified Fraud Examiner (CFE), are typically required. Excellent problem-solving, critical thinking, and communication skills help professionals stand out in this role. These skills and qualifications are crucial for effectively identifying, mitigating, and preventing payment risks, ensuring financial security and compliance within organizations.

What are some common challenges a Payment Risk Manager faces when implementing fraud prevention strategies?

Payment Risk Managers often encounter challenges balancing effective fraud prevention with a smooth customer experience. Implementing robust controls can sometimes result in false positives, inadvertently blocking legitimate transactions and frustrating customers. Additionally, staying ahead of constantly evolving fraud tactics requires continuous learning and adaptation, as well as close collaboration with IT, compliance, and customer support teams. Regularly updating risk models and fostering communication across departments are key to addressing these challenges effectively.
What are popular job titles related to Payment Risk Manager jobs in Colorado? For Payment Risk Manager jobs in Colorado, the most frequently searched job titles are:
What job categories do people searching Payment Risk Manager jobs in Colorado look for? The top searched job categories for Payment Risk Manager jobs in Colorado are:
What cities in Colorado are hiring for Payment Risk Manager jobs? Cities in Colorado with the most Payment Risk Manager job openings:
Wire Supervisor, Payment Operations

Wire Supervisor, Payment Operations

Alpine Banks of Colorado

Grand Junction, CO • Hybrid

Full-time

Posted 28 days ago


Alpine Bank rating

6.0

Company rating: 6.0 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

128th of 146 rated banks


Job description

General Purpose

The Payment Supervisor, in the Payment Operations department, oversees and assists with the daily operations of the assigned team and is responsible for managing, monitoring, and coordinating that team. 

Essential Duties/Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Expert knowledge of systems and duties in assigned area.
  • Ensures that all team responsibilities are being efficiently and accurately performed.
  • Sets goals for staff that are in alignment with department and bank-wide goals.
  • Maintains knowledge of payment rules and compliance and communicates to appliable customers and bank staff.
  • Responsible for providing quality training for assigned team within Payment Operations. This includes selecting the appropriate training materials, coordinating training programs with management, and delivering effective training, and follow-up.
  • Escalates concerns and reports key risk areas to management.
  • Ensures staffing is adequate for daily functions. 
  • Assists with daily operational duties when needed, such as processing transactions and answering phones.
  • Writes and maintains guidelines for the department processes and procedures.
  • Assists with gathering information for audits and research.  
  • Assists with project implementation as needed.
  • Acts as a back-up and assists other supervisors in the Payment Operations department.
  • Regular and reliable on-site attendance is required as an essential function of this job. 
  • Performs other duties as assigned.

Supervisory Duties

  • Develops staff by motivational coaching, training, and mentoring.
  • Recommends, and may participate in, hiring, promotions, terminations, salary adjustments, and disciplinary actions.
  • Directly responsible for training and review process for assigned specialist team.

Employees are held accountable for all duties of this job.

Job Qualifications

Knowledge, Skills, and Ability:

  • Ability to make customers and their needs a primary focus of one’s actions; developing and sustaining productive customer relationships.
  • Expert knowledge of systems and duties completed by Payment Operations Specialists.
  • Detail oriented with exceptional organizational skills.
  • Ability to share technical expertise with team members and subordinates. 
  • Ability to communicate and collaborate with team members to ensure superior results and team success. 
  • Proficient knowledge of digital banking, payment systems, and software relevant to the Payment Operations department.
  • High proficiency in the use of Adobe and Microsoft Excel, Word, and PowerPoint.
  • Strong verbal and written communication skills.
  • Strong understanding of regulatory and risk requirements.
  • Ability to work independently with minimal supervision.
  • Ability to deal with frequent changes, delays, or unexpected events.
  • Demonstrated ability to resolve conflict in a calm manner, negotiate difficulties, and model and counsel team members regarding appropriate professional behavior.
  • Ability to evaluate, prioritize, manage, and supervise workflow and personnel in a timely and efficient manner.
  • Understands the importance of and ability to maintain confidential information.

Education or Formal Training:

  • High School Diploma or General Education Diploma (GED) equivalent required.
  • Bachelor's Degree or equivalent in business or a department related field is preferred. 
  • Relevant certifications are preferred.
  • Possession of, or ability to obtain, a valid State of Colorado Driver’s License required.

Experience:

  • A minimum of two to three (2-3) years of experience within the Financial Services industry is preferred.   
  • A minimum of one (1) year working in the Digital Banking environment or similar is preferred.
  • A minimum of two (2) years of supervisory experience preferred.
  • An equivalent combination of education and experience may be substituted on a year-to-year basis.

Working Conditions

Working Environment:

This job operates in a professional office environment. After successful training in the role, the role allows for a hybrid schedule to include remote work and in office. In-office attendance may be required, and this arrangement can be modified at any time, at management’s discretion.  This role routinely uses standard office equipment such as computers, phones, and multifunction printers. Occasional travel may be required and in certain circumstances, evenings and weekends should be anticipated. 

Physical Activities:

These are representative of those which must be met to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk and hear. This is largely a sedentary role. Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus. Employee also may have to lift up to 25 pounds.

Note:  This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the job.

Starting rate of Pay is from $23.50 to $28.50 per hour, depending on experience.

For an overview of our employee benefits please visit: Alpine Bank Careers Page 

Position anticipated to close September 30, 2026, or until filled.


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