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Payment Risk Manager Jobs in Wisconsin (NOW HIRING)

Lead supplier negotiations for pricing, payment terms, lead times, and contractual agreements ... single-source risk Purchasing & Order Management * Own the purchase order process end-to-end ...

Lead supplier negotiations for pricing, payment terms, lead times, and contractual agreements ... single-source risk Purchasing & Order Management * Own the purchase order process end-to-end ...

Lead supplier negotiations for pricing, payment terms, lead times, and contractual agreements ... single-source risk Purchasing & Order Management * Own the purchase order process end-to-end ...

IT Senior Auditor

Milwaukee, WI ยท On-site

$92K - $121K/yr

... Risk Management Assurance (CRMA), or equivalent certification * Experience building effective working relationships with cross-functional teams and business partners * Prior experience in payments or ...

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

Procurement Manager

Go Maverick Group

Racine, WI โ€ข On-site

Full-time

Retirement, PTO

Posted 9 days ago


Job description

Go Maverick Group is working with a U.S.-based manufacturer, out of Southeast Wisconsin, who is looking to hire a Procurement Manager. The Procurement Manager is a critical operations role responsible for sourcing, supplier relationships, and purchasing activities across all raw materials, components, and indirect spend categories. This individual will own the full procurement lifecycle - from supplier identification and qualification through negotiation, purchase order management, and performance monitoring - ensuring our client maintains a reliable, cost-competitive supply chain that supports their manufacturing and product development operations.
This is a hands-on leadership role for a procurement professional who is equally comfortable negotiating with copper rod suppliers and building internal processes from scratch. The ideal candidate brings manufacturing industry experience, strong analytical skills, and a bias for building long-term supplier relationships grounded in quality, reliability, and value.
KEY RESPONSIBILITIES
Strategic Sourcing & Supplier Management
  • Develop and execute sourcing strategies for all direct materials including copper, lead, connectors, lugs, terminals, and packaging
  • Identify, evaluate, and qualify new suppliers; maintain an approved vendor list aligned with quality, delivery, cost, and compliance requirements
  • Lead supplier negotiations for pricing, payment terms, lead times, and contractual agreements - targeting year-over-year cost reductions without compromising quality
  • Build and maintain strong relationships with key suppliers; conduct regular business reviews and performance assessments
  • Develop dual-source or alternate-source strategies for critical materials to reduce single-source risk

Purchasing & Order Management
  • Own the purchase order process end-to-end: requisition review, PO issuance, confirmation, expediting, and receipt coordination
  • Manage inventory replenishment in partnership with Operations to maintain appropriate safety stock levels without excess โ€ข Resolve invoice discrepancies, delivery issues, and supplier disputes in a timely and professional manner
  • Implement and enforce purchasing policies, approval thresholds, and compliance standards
  • Leverage ERP system to manage procurement workflows, track orders, and report on spend and supplier performance

Supply Chain Resilience & Risk Management
  • Proactively identify supply chain risks - geopolitical, logistical, capacity, or financial - and develop contingency plans
  • Lead qualification of domestic and allied-nation suppliers in support of defense and government contract requirements (BAA/DFARS compliance)
  • Coordinate with Engineering and Quality on supplier corrective actions, material non-conformances, and first article inspections
  • Track supplier lead times and capacity; communicate proactively with internal stakeholders when supply risks are identified

Cross-Functional Collaboration
  • Partner with Engineering and Product Development on new product introductions - sourcing components, issuing RFQs, and managing sample qualification timelines
  • Work closely with Operations, Planning, and Finance to align procurement decisions with production schedules, inventory targets, and cash flow objectives
  • Support Sales and Customer Service with lead time information and supply availability for key customer commitments
  • Report on procurement KPIs - cost savings, supplier on-time delivery, purchase price variance, and spend analytics - to senior leadership

Requirements
  • Bachelor's degree in Supply Chain Management, Business, Engineering, or related field
  • 5+ years of procurement or purchasing experience in a manufacturing environment
  • Demonstrated experience managing direct material sourcing (raw materials, components, assemblies)
  • Strong negotiation skills with a track record of achieving cost savings and improved supplier terms
  • Proficiency with ERP purchasing modules (Epicor or similar) โ€ข Solid understanding of supply chain risk management, supplier qualification, and dual-sourcing strategies
  • Excellent analytical skills - comfortable working with spend data, cost models, and commodity price indices
  • Strong communication skills - able to manage supplier relationships and present to senior leadership
  • Highly organized, detail-oriented, and capable of managing multiple priorities in a fast-paced environment

Preferred Qualifications
โ€ข Experience sourcing copper, wire, cable, electrical components, or industrial MRO materials
โ€ข Familiarity with defense/government procurement requirements - DFARS, BAA, ITAR awareness โ€ข CPSM, CIPS, or equivalent professional certification
โ€ข Experience with commodity hedging or price index-linked purchasing contracts
โ€ข Background working with both domestic and international supplier bases
Benefits
If you are looking to join a company that truly values a positive workplace culture and your contributions can make a genuine impact, then this could be the place for you. This is a pivotal role within a fast-growing organization, offering a competitive salary, performance bonus eligibility, generous PTO, comprehensive benefits, a 401k, upward mobility and more. This position is onsite at the client's corporate offices.