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Payment Risk Manager Jobs in Lexington, SC (NOW HIRING)

Supports the Risk Management department in administering subcontractor prequalification ... Receive and process requests from project teams for bid bonds, performance bonds, and payment bonds.

... project payment terms and collection of all outstanding amounts. Principal Responsibilities Job duties (Including, but not limited to): * Manages high risk, high exposure and/or complex

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Payment Risk Manager information

See Lexington, SC salary details

$44.1K

$95.5K

$145.5K

How much do payment risk manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for payment risk manager in Lexington, SC is $95,487.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,000.00 and $110,400.00 per year, depending on experience, location, and employer.

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 job categories do people searching Payment Risk Manager jobs in Lexington, SC look for?

The top searched job categories for Payment Risk Manager jobs in Lexington, SC are:

What cities near Lexington, SC are hiring for Payment Risk Manager jobs?

Cities near Lexington, SC with the most Payment Risk Manager job openings:

Full-time

Re-posted 10 hours ago


Job description

Primary Function:Supports the Risk Management department in administering subcontractor prequalification, subcontractor default protection program requirements, and surety bond processes for the Company's construction operations. This role is responsible for coordinating subcontractor qualification documentation, supporting subcontract bond requirement evaluations, and managing the administrative processing of bid bonds and performance and payment bonds with project teams, brokers, subcontractors, and sureties.

Responsibilities

  1. Coordinate subcontractor prequalification activities, including collection and organization of subcontractor information forms, financial statements, work-in-progress schedules, references, and related qualification documents.
  2. Maintain subcontractor qualification files and organize documentation for Risk Management review and subcontract bond requirement determinations.
  3. Track subcontractor bonding requirements associated with projects and subcontracts.
  4. Receive and process requests from project teams for bid bonds, performance bonds, and payment bonds.
  5. Prepare and draft bond forms for submission to the Company's insurance broker and surety partners for execution.
  6. Coordinate bond issuance, delivery, tracking, and related billing documentation.
  7. Maintain logs and records associated with subcontractor prequalification activity, bond requests, bond issuance, and subcontractor compliance requirements.
  8. Review subcontractor certificates of insurance and endorsements for compliance with contractual requirements.
  9. Follow up with subcontractors, brokers, project teams, and sureties regarding missing or incomplete qualification, insurance, and bond documentation.
  10. Support communication and coordination between project teams, subcontractors, brokers, sureties, and internal departments.
  11. Assist with insurance renewal data collection and other Risk Management administrative functions as needed.
  12. Comply with Company policies, safety requirements, and operational procedures.
  13. Perform additional assignments as directed by management.

Qualifications

  • Bachelor's degree in Business Administration, Construction Management, Risk Management, Finance, or related field preferred.
  • Prior experience in construction administration, insurance, surety, subcontract administration, project coordination, or risk management preferred.
  • Experience working in a deadline-driven professional environment preferred.

Skills & Competencies

  • Strong organizational and administrative skills with exceptional attention to detail and accuracy.
  • Ability to manage multiple assignments and time-sensitive requests in a fast-paced construction environment.
  • Strong written and verbal communication skills.
  • Ability to maintain confidential financial and business information.
  • Proficiency with Microsoft Office applications, particularly Excel, Outlook, and document management systems.
  • Ability to work effectively with project teams, subcontractors, brokers, sureties, and external business partners.
  • General understanding of construction contracts, insurance certificates, and surety bond documentation preferred.
  • Strong follow-through, problem-solving, and prioritization skills.
  • Professional demeanor and customer-service mindset when interacting with internal and external stakeholders.

Location & Schedule

  • Full-time, in-office position located in Columbia, South Carolina.