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Payment Risk Manager Jobs in Wisconsin (NOW HIRING)

FIS

Product Manager, Fraud Solutions

Milwaukee, WI · On-site

Proven experience in fraud, risk, or financial crimes within financial services or payments ... Ability to manage multiple initiatives in a fast-paced environment with a strong sense of ownership ...

Monitise

IT Senior Auditor

Milwaukee, WI · 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 ...

Ajax Tocco Magnethermic

Project Manager

Brookfield, WI · On-site

The Project Manager oversees project planning, scheduling, cost control, and risk management, while ... payment terms, cost tracking, and reporting of budget variances. - Create, update, and present ...

Mgic Investment

Senior Business Analyst

Milwaukee, WI · Hybrid

$91K - $117K/yr

... payment mortgages a reality. Our efforts have helped more than 14 million people get the keys to ... Contributes to broader enterprise risk management and operational risk discussions as a ...

On Point Holdings

Accounting Manager

Waukesha, WI · On-site

$85K - $95K/yr

Calculate, review, and process commission payments, bonus programs, and other incentive ... Compliance & Risk Management * Coordinate with external CPA firms, tax advisors, auditors ...

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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 do risk managers get paid?

Payment Risk Managers typically earn a salary ranging from $70,000 to $130,000 annually, depending on experience, location, and industry. Senior roles or those with specialized skills in fraud detection or data analysis can earn higher compensation, often supplemented with bonuses and benefits.

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.

How much does a risk manager get paid?

A Payment Risk Manager typically earns between $70,000 and $130,000 annually, depending on experience, location, and the size of the organization. Senior roles or those with specialized skills in fraud detection and risk assessment can earn higher salaries, often exceeding $150,000. Compensation may also include bonuses and benefits related to financial and risk management expertise.

Are risk managers in high demand?

Risk managers, including those in payment risk management, are in high demand due to the increasing need for financial security and fraud prevention across industries. Organizations seek professionals with skills in data analysis, compliance, and risk assessment to mitigate financial losses and ensure regulatory adherence.

Do risk managers make good money?

Payment Risk Managers typically earn competitive salaries that vary based on experience, location, and industry. According to industry data, median salaries range from $70,000 to over $120,000 annually, with additional bonuses and benefits often included. Advanced skills in data analysis, fraud detection, and risk assessment can lead to higher compensation levels.

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.
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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:
Payment Risk Manager jobs near you
Product Manager, Fraud Solutions

Product Manager, Fraud Solutions

Worldpay, Inc.

Milwaukee, WI • On-site

Full-time

Posted 27 days ago

Job description

Job Description

About the role:
We are seeking an experienced Product Manager, Fraud Solutions to lead strategy, execution, and growth for our non-card fraud and risk products across payments. This role is ideal for a product leader with deep financial crimes and fraud domain expertise who can own existing product lines, lead client migrations and integrations, and bring new solutions to market in close partnership with Sales, Technology, and Operations.

The focus is on non-card payment fraud (ACH, Wires, Deposits, RTP), with opportunities to expand into adjacent payment and fraud capabilities over time.


What youwillbe doing:

  • Own the endtoend product strategy, roadmap, and lifecycle for noncard fraud and risk solutions across payment channels including ACH, Wire, and Deposits.
  • Lead gotomarket planning and execution, including positioning, pricing, sales enablement, and market entry for new and enhanced fraud solutions.
  • Serve as the product and domain expert for Sales and clients, supporting prospecting, deal execution, and complex solution discussions.
  • Drive client migrations, integrations, and implementations, partnering closely with Technology, Operations, and vendors.
  • Monitor and manage product profitability, financial performance, forecasting, and value realization.
  • Define and track KPIs related to solution health, fraud outcomes, adoption, and customer satisfaction.
  • Identify and prioritize product enhancements and expansion opportunities, including adjacent payment and fraud capabilities (e.g., RTP, P2P, card fraud).
  • Partner crossfunctionally to deliver new products and enhancements, including requirements definition, UAT support, and release readiness.
  • Maintain strong vendor and partner relationships to support product delivery and innovation.

What you will need:

  • Proven experience in fraud, risk, or financial crimes within financial services or payments.
  • Strong understanding of non-card payment fraud (e.g., ACH, wires, account takeover, check and deposit fraud, etc.).
  • Experience owning products or solutions that involve integrations, client migrations, or complex implementations.
  • Demonstrated ability to define and execute go-to-market strategies and support sales efforts.
  • Strong business acumen, including profitability analysis, forecasting, and KPI definition.
  • Excellent communication and stakeholder management skills, with the ability to influence across functions.
  • Ability to manage multiple initiatives in a fast-paced environment with a strong sense of ownership and accountability.

Added bonusif you have:

  • Experience with payments ecosystems, including money movement, RTP, P2P, or card fraud solutions.
  • Familiarity with fraud platforms, identity verification tools, or vendor-managed solutions (e.g., Verafin or similar).
  • Experience working directly with financial institutions.
  • Exposure to vendor management and third-party partnerships.
  • Prior experience with product expansion into adjacent markets or capabilities.

What we offer you:
At FIS, you can learn, grow and make an impact in your career. Our benefits include:

  • Flexible and creative work environment
  • Diverse and collaborative atmosphere
  • Professional and personal development resources
  • Opportunities to volunteer and support charities
  • Competitive salary and benefits


Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here


For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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