1

Payment Risk Manager Jobs in Tennessee (NOW HIRING)

... risk through adherence of established bank policies. Retains, strengthens and develops ... payment errors, etc. * Represent FirstBank by participating in Bank and community activities ...

What We Need Corpay is looking for a Principal Program Manager to join our Corporate Payments ... Leading planning inclusive of discovery, dependency identification, risk management, and resource ...

... risk through adherence of established bank policies. Retains, strengthens and develops ... payment errors, etc. * Represent FirstBank by participating in Bank and community activities ...

Collect deposits, progress draws, and final payments * Maintain accurate and complete project ... Enforce safe work practices and ensure compliance with all safety and risk management policies * Be ...

Collect deposits, progress draws, and final payments * Maintain accurate and complete project ... Enforce safe work practices and ensure compliance with all safety and risk management policies * Be ...

Client Operations Manager

Memphis, TN ยท On-site

$120K/yr

... payment and banking solutions. This role owns client experience, escalation management, team ... The Client Operations Manager partners closely with Sales, Product, Operations, Risk, Compliance ...

Client Operations Manager

Memphis, TN ยท On-site

$120K/yr

... payment and banking solutions. This role owns client experience, escalation management, team ... The Client Operations Manager partners closely with Sales, Product, Operations, Risk, Compliance ...

next page

Showing results 1-20

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 Tennessee? For Payment Risk Manager jobs in Tennessee, the most frequently searched job titles are:
What job categories do people searching Payment Risk Manager jobs in Tennessee look for? The top searched job categories for Payment Risk Manager jobs in Tennessee are:
What cities in Tennessee are hiring for Payment Risk Manager jobs? Cities in Tennessee with the most Payment Risk Manager job openings:
Sr. Relationship Manager

Sr. Relationship Manager

FirstBank

Jackson, TN โ€ข On-site

Full-time

Re-posted 29 days ago


Job description

Position Summary:

The Relationship Manager (RM) generates and manages consumer, Corporate & Industrial (C&I) and Commercial Real Estate (CRE) loan and deposit portfolios, fosters a balance between loan production and credit quality, and minimizes risk through adherence of established bank policies. ย Retains, strengthens and develops relationships using situational awareness and the ability to identify client and industry strengths and weaknesses, assesses risk, and matches FirstBankโ€™s product offerings with client needs when providing creative solutions. ย ย 

Essential Duties & Responsibilities:

  • Manage an active portfolio of consumer, C&I (generally less than $3-5MM), and CRE (generally less than $3-5MM) loan relationships by meeting and exceeding sales goals in deposits, loans, revenue growth, profitability and client acquisition.
  • Demonstrate credit underwriting and loan documentation skills, complete proper underwriting of loans, and approve within loan authority or in conjunction with Credit Officer.
  • Review and monitor asset quality; monitor past due loan information, collateral exceptions, covenant compliance, risk rating and borrowing bases.
  • Actively work to develop new business by identifying prospective clients and referral sources for all bank products and services through prospecting and Centers of Influence.
  • Provide consultative guidance to Relationship Managers, Financial Center Managers and Market Presidents on C&I relationships. ย 
  • Demonstrate product knowledge of deposits, loans, Treasury Management services, Capital Markets and an understanding of economics.
  • Monitor new developments in lending, compliance, loan policies and regulations.
  • Read, understand and analyze client financial statements in correlation to business operations.
  • Manage the full loan process, which includes but is not limited to administrative duties, preparing approval and closing documents, reviewing and monitoring past due loan information, clearing exceptions, resolving loan processing and payment errors, etc.
  • Represent FirstBank by participating in Bank and community activities, events and civic organizations; build, expand and maintain business and social networks.
  • Provide consistent, distinctive service to all clients when delivering the FirstBank service experience. ย 
  • Practice safe and sound bank procedures, including adherence to applicable laws and regulations, internal controls, operational procedures, risk management policies, and security protocols
  • Regular and reliable attendance.
  • Perform other duties as assigned.

Qualifications:

Education

  • High school diploma or the equivalent required. Bachelor's degree preferred

Experience

  • Minimum of five years of specific banking or business development experience; in-market experience preferred

Certifications and Licenses

  • National Mortgage Licensing System (NMLS) Certification within first year of employment
Employment Type: Full-Time