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Payment Risk Manager Jobs in Detroit, MI (NOW HIRING)

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

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

Technical Architect - Banking & Payments

Detroit, MI ยท On-site

$65.50 - $79.25/hr

... and risk management needs of financial institutions. Our team works across all sectors of the ... securities firms, and payment networks with U.S. operations. The team focuses on delivering ...

Analyst, Collections

Ann Arbor, MI ยท On-site

$60K - $103K/yr

Review aging reports and prioritize collection efforts based on risk and exposure. * Track payment commitments and follow up to ensure timely receipt. Customer Relationship Management * Build and ...

Analyst, Collections

Ann Arbor, MI ยท Hybrid

$60K - $103K/yr

Review aging reports and prioritize collection efforts based on risk and exposure. * Track payment commitments and follow up to ensure timely receipt. Customer Relationship Management * Build and ...

Showing results 21-40

Payment Risk Manager information

See Detroit, MI salary details

$51K

$110.4K

$168.3K

How much do payment risk manager jobs pay per year?

As of Aug 14, 2026, the average yearly pay for payment risk manager in Detroit, MI is $110,436.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,100.00 and $127,700.00 per year, depending on experience, location, and employer.

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 Detroit, MI?

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

What job categories do people searching Payment Risk Manager jobs in Detroit, MI look for?

The top searched job categories for Payment Risk Manager jobs in Detroit, MI are:

What cities near Detroit, MI are hiring for Payment Risk Manager jobs?

Cities near Detroit, MI with the most Payment Risk Manager job openings:

Functional Program Manager (Payments & AI Automation)//Dearborn, MI//W2

Saanvi Technologies

Dearborn, MI โ€ข On-site

$87K - $114K/yr

Contractor

Re-posted 15 days ago


Job description

Functional Program Manager (Payments & AI Automation)

Dearborn, MI ***POSITION IS HYBRID / 4 days per week in the office***

W2

Position Description:

1. Project & Program Planning: Develop comprehensive project plans, defining the scope, goals, and deliverables for FordPay initiatives in alignment with organizational and product roadmaps. 2. AI & Operations Automation: Drive problem-solving and continuous improvement initiatives by leading cross-functional teams to design, implement, and scale AI automation solutions for the operations team, streamlining manual workflows and improving operational efficiency. 3. Cross-Functional Facilitation: Facilitate the development effort by creating and monitoring an efficient, streamlined process between internal product/engineering teams and external payment vendors or financial partners. 4. Data-Driven Communication: Effectively communicate status updates to stakeholders and leadership across multiple organizations, utilizing configured data and analytics dashboards to provide clear, quantitative measurements of progress. 5. Delivery & Execution: Ensure project and program objectives, deliverables, and results are completed within the agreed-upon scope, timeline, budget, and allocated resources. 6. Data Configuration & Problem Solving: Provide accurate and insightful analysis by configuring and manipulating data to solve complex operational and transactional problems, presenting this data in clear dashboard formats for executive presentations and reviews. 7. Risk & Compliance Mitigation: Identify technical, operational, and financial risks inherent to payment processing, and create robust risk mitigation plans to ensure the timely and secure completion of projects. 8. Payment & Checkout Domain Expertise: Serve as a subject matter expert in payments, transactional flows, and customer checkout experiences, ensuring our platform (Stripe) meets industry standards and delivers a frictionless user experience.

Skills Required:

Product Management, Automation, Data/Analytics dashboards 1. Product Management – Expected to assist with leading the product lifecycle, define user stories and product roadmaps, prioritize the backlog (e.g., in Jira), and collaborate with cross-functional engineering and design teams to deliver high-quality features. 2. Automation – Expected to identify manual, repetitive tasks and implement automated workflows (e.g., using Ai tools like Gemeni Pro and Ford LLM) to improve team efficiency. 3. Data/Analytics dashboards - Expected to assist with work in progress design suggestions to build, and maintain interactive and user-friendly dashboard (e.g., using Power BI) to track key performance indicators (KPIs) and translate complex datasets into actionable business insights.

Skills Preferred:

Customer Checkout Customer Checkout - Preferred familiarity with online cart and checkout flows, fraud monitoring, payment gateways, billing systems, digital wallet integrations, and optimizing checkout conversion rates to reduce customer friction.

Experience Required:

Specialist Exp: 6 years in IT; 3 years in Program Mgmt., Expert in Proj Mgr

Education Required:

Bachelor's Degree

Education Preferred:

Master's Degree

Additional Safety Training/Licensing/Personal Protection Requirements:

Additional Information :

Key Responsibilities & Duties - Program Planning & Execution: Define scope, timelines, and deliverables for FordPay initiatives, ensuring on-time and on-budget delivery. - AI & Operations Automation: Lead cross-functional teams to design and implement AI-driven automation solutions that optimize manual operations workflows. - Data Configuration & Problem Solving: Configure and analyze complex operational and transactional data to solve problems and build KPI dashboards. - Cross-Functional Facilitation: Coordinate seamless collaboration between internal Product, Engineering, and Operations teams and external payment vendors. - Stakeholder Communication: Deliver clear, quantitative progress reports and status updates to leadership using data-driven insights. - Risk Mitigation: Identify technical, operational, and financial risks unique to payment processing and execute mitigation plans. - Payment Domain Expertise: Serve as the subject matter expert on payment systems, transactional flows, and customer checkout experiences.


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About Saanvi Technologies

Sourced by ZipRecruiter

Saanvi Technologies is a staffing company that specializes in providing IT professionals to businesses. Our employees are experts in their field, and have the skills and experience necessary to help businesses grow and succeed. Saanvi Technologies is dedicated to helping businesses achieve their goals, and they have a proven track record of success. Our employees are qualified and reliable, and they always go above and beyond to meet the needs of their customers.

Company size

51 - 200 Employees

Headquarters location

Farmington, MI, US

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