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Payment Risk Manager Jobs in Michigan (NOW HIRING)

Product Manager (Payments)

Royal Oak, MI ยท On-site

$180K - $225K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Your success will be measured by payment performance (authorization rates, latency, and resiliency ... Partner with risk, compliance, and security to ensure adherence to network rules and PCI DSS, and ...

... efficiency, and risk management across the card services function. Essential Functions ... Support member education related to card features, security, and digital payment tools. * Lead ...

Product Manager Sr.

Detroit, MI ยท On-site +1

$70K - $140K/yr

  • Medical

  • Life

  • Retirement

  • PTO

The ideal candidate will bring a strong understanding of payment solutions, user needs, and business priorities, while collaborating with stakeholders to help shape product strategy, manage risk, and ...

Product Manager Sr.

Detroit, MI ยท On-site +1

$125K - $165K/yr

  • Medical

  • Life

  • Retirement

  • PTO

The ideal candidate will bring a strong understanding of payment solutions, user needs, and business priorities, while collaborating with stakeholders to help shape product strategy, manage risk, and ...

... efficiency, and risk management across the card services function. Essential Functions ... Support member education related to card features, security, and digital payment tools. * Lead ...

The manager is accountable for operational performance, risk management, regulatory compliance ... payment processing, principal and interest distributions, fee processing, rate resets, rollovers ...

Showing results 21-40

Payment Risk Manager information

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 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 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 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.

Do payment risk managers make good money?

Payment risk managers typically earn a competitive salary that varies based on experience, location, and industry. They often receive additional benefits and may advance to higher roles such as risk director or compliance officer, increasing earning potential. Certification in risk management or related fields can also enhance salary prospects.

Is a Payment Risk Manager a stressful job?

A Payment Risk Manager role involves monitoring and analyzing financial transactions to detect fraud and mitigate risks, which can be stressful during high transaction volumes or when managing urgent issues. The job requires attention to detail, problem-solving skills, and often involves working under tight deadlines, but workload and stress levels vary by organization and individual experience.

What are popular job titles related to Payment Risk Manager jobs in Michigan?

For Payment Risk Manager jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Payment Risk Manager jobs in Michigan look for?

The top searched job categories for Payment Risk Manager jobs in Michigan are:

What cities in Michigan are hiring for Payment Risk Manager jobs?

Cities in Michigan with the most Payment Risk Manager job openings:

Payments Product Owner

Artius Solutions

Benton Harbor, MI โ€ข On-site

Full-time

Re-posted 27 days ago


Job description

Payments Product Owner / Payments LeadLocation: Benton Harbor, MI 49022 (Onsite/Hybrid – Based on Business Need)
Employment Type: Contract / Contract-to-Hire
Schedule: Full-Time
Position Overview

We are seeking an experienced Payments Product Owner / Payments Lead to drive the strategy, roadmap, and execution of payment solutions across Direct-to-Consumer (D2C) eCommerce platforms.

This is a high-impact role responsible for delivering seamless, secure, and optimized payment experiences while ensuring compliance, fraud prevention, and operational excellence.

The ideal candidate brings strong product management experience in payments/fintech, deep technical understanding of payment ecosystems, and the ability to collaborate cross-functionally across IT, Finance, Compliance, and Customer Experience teams.


Key ResponsibilitiesPayments Strategy & Roadmap
  • Define and maintain the payments product vision and roadmap

  • Align payment initiatives with overall business and D2C objectives

  • Identify opportunities to improve checkout conversion and reduce friction

Stakeholder Collaboration
  • Partner with Engineering, Finance, Legal, Compliance, Marketing, AR, and Customer Service teams

  • Ensure alignment on priorities, releases, and product enhancements

Payment Optimization & Performance
  • Monitor payment KPIs (authorization rates, chargebacks, fraud rates, processing costs)

  • Identify performance gaps and implement optimization strategies

  • Partner with Accounts Receivable and Consumer Services to troubleshoot payment issues

Compliance & Risk Management
  • Ensure adherence to PCI-DSS, GDPR, and payment security standards

  • Collaborate with security and compliance teams to mitigate fraud risks

Requirements & Backlog Management
  • Gather business requirements and translate them into user stories

  • Prioritize and manage product backlog

  • Work closely with development teams during implementation cycles

Market & Industry Analysis
  • Stay current on payment regulations, emerging technologies, and competitive landscape

  • Evaluate and implement new payment methods and digital wallets


Required Qualifications
  • Bachelor’s degree in Business, Finance, Computer Science, or related field (preferred)

  • 3+ years of Product Management experience in Payments / FinTech / eCommerce

  • Strong understanding of:

    • Credit & Debit Card processing

    • ACH transactions

    • Mobile wallets (Apple Pay, etc.)

    • Fraud prevention tools

    • Payment gateways & billing systems

  • Experience implementing multiple payment methods including:

    • Visa

    • Mastercard

    • Discover

    • Amex

    • PayPal

    • Apple Pay

    • Acima

    • Affirm

  • Experience working with QuickLizard preferred

  • Strong analytical and reporting skills

  • Excellent communication and stakeholder management abilities

  • Ability to work in fast-paced, deadline-driven environments


Preferred Skills
  • Experience in D2C eCommerce platforms

  • Background in financial systems integration

  • Data-driven decision-making approach

  • Experience improving payment authorization & conversion rates

.