The Sr. BIN/High Risk Segment Manager is responsible for overseeing a team that manages risk functions related to the sponsorship of new and existing payment platforms, focusing on BIN sponsorship and high-risk client segments. This role ensures compliance with Card Brand and Network rules, risk management protocols, and regulatory requirements. The Sr. Manager will lead risk oversight efforts, including due diligence, ongoing monitoring, and annual reviews for sponsored entities, ensuring adherence to the organization’s risk appetite and external regulations.

This role involves managing a team of professionals dedicated to delivering a best-in-class client experience, while supporting product innovation and streamlined service delivery. The ideal candidate will have strong leadership, risk management expertise, and the ability to make sound judgments that balance risk and business objectives. This role reports directly to the Senior Segment Risk Officer.

What You Will Do:

• Lead the 1st Line of Defense risk management team for sponsorship, ensuring compliance with Card Brand and Debit Network rules.
• Identify, assess, and prioritize risks across the segment, particularly for platform sponsorship and high-risk clients.
• Stay informed about industry trends and changes that could impact the segment’s risk profile.
• Oversee the development and execution of risk mitigation strategies and controls.
• Maintain risk policies, standards, and procedures that align with the organization’s risk management framework.
• Prepare and present risk assessments and reports to senior leadership, risk committees, and regulatory bodies.
• Collaborate with process owners to ensure ongoing compliance with sponsorship, Card Brand, and Debit Network rules.
• Support the segment through regulatory audits and assessments.
• Monitor risk exposures and emerging threats within the BIN sponsorship and high-risk client segments.
• Lead investigations and root cause analyses for significant risk events.
• Manage the remediation of identified risk issues, ensuring corrective actions are implemented.
• Supervise and mentor a team of risk specialists, fostering their professional development and ensuring a positive team culture.
• Perform additional duties as needed to support the segment’s risk management objectives.

What You Bring:

• Bachelor’s degree.
• 7-10 years of experience in risk management, preferably in the banking or payments industry.
• In-depth knowledge of payments processing, payment networks, and regulatory frameworks.
• Proven leadership and relationship management skills, with the ability to influence at various levels of the organization.
• Strong organizational, project management, and analytical skills, with great attention to detail.
• Commitment to producing high-quality work and maintaining organizational integrity and compliance.
• Strong communication skills, both verbal and written.
• Ability to thrive in a fast-paced environment and effectively manage multiple tasks.
• Excellent decision-making and problem-solving skills.
• Proven ability to build and lead teams, delegate appropriately, and meet deadlines with minimal supervision.
• Proficiency in MS Office Suite.
• Certifications such as Certified Risk Manager (CRM), Certified Risk Professional (CRP), or Certified Information Systems Auditor (CISA) (preferred)