Senior Manager of Payments Risk

Selby Jennings Ltd

  • Dallas, TX
  • 3 days ago

    Highlights

    This individual will serve as a key risk advisor to the Payments business, helping strengthen first line risk frameworks across payments products, cash management solutions, liquidity services and more. Lead the execution and enhancement of first-line risk management programs supporting payment products, treasury services, cash management offerings, and related operational functions.

    Numbers & Facts

    LocationDallas, TX

    Description

    A leading global financial institution is seeking a Payments Risk Professional to join their team in Dallas. This individual will serve as a key risk advisor to the Payments business, helping strengthen first line risk frameworks across payments products, cash management solutions, liquidity services and more.

    Key Responsibilities

    Payments Risk & Control Leadership

    • Lead the execution and enhancement of first-line risk management programs supporting payment products, treasury services, cash management offerings, and related operational functions.
    • Partner with business leaders to establish effective controls that address operational, compliance, technology, and third-party risks.
    • Provide risk advisory support throughout the product life cycle, including new product development, product enhancements, and strategic initiatives.
    • Challenge and assess key business decisions through a risk lens while supporting commercial growth objectives.

    Operational Risk Management

    • Oversee Risk & Control Self-Assessments (RCSAs), ensuring risks are appropriately identified, measured, and mitigated.
    • Monitor Key Risk Indicators (KRIs), operational loss trends, control effectiveness metrics, and remediation activities.
    • Facilitate scenario analysis exercises and support assessments of emerging operational risk exposures.
    • Drive continuous improvement of risk governance processes, documentation standards, and control frameworks.

    Payments & Change Management

    • Act as a risk partner for payment modernization initiatives, system implementations, and strategic transformation efforts.
    • Participate in governance committees and working groups supporting payment products, treasury management services, and operational infrastructure.
    • Evaluate risks associated with new technologies, payment capabilities, and process changes.
    • Ensure appropriate risk assessments are completed for new initiatives and significant business changes.

    Third-Party & Regulatory Risk

    • Support vendor and third-party risk management activities, including risk assessments and ongoing oversight.
    • Partner with Compliance and Legal teams to assess regulatory impacts on payments products and related business activities.
    • Assist in regulatory examinations, audits, and issue remediation efforts.
    • Support implementation of policies, procedures, and controls designed to meet evolving regulatory expectations.

    Stakeholder Management

    • Build strong relationships across Product Management, Operations, Technology, Compliance, Internal Audit, and Enterprise Risk functions.
    • Present risk-related insights and recommendations to senior leadership and governance committees.
    • Serve as a subject matter resource on payments-related operational risk matters.

    Qualifications

    • 8+ years of experience within financial services, payments, treasury management, operational risk, product risk, compliance, audit, or related disciplines.
    • Strong understanding of payments products, cash management services, liquidity solutions, treasury services, or transaction banking operations.
    • Experience leading risk assessments, control evaluations, issue remediation, and risk governance activities.
    • Knowledge of operational risk frameworks, RCSAs, KRIs, incident management, and regulatory compliance programs.
    • Ability to influence senior stakeholders and operate effectively across multiple business lines.
    • Strong analytical, problem-solving, and project management capabilities.
    • Excellent written and verbal communication skills.

    Preferred Qualifications

    • Experience supporting commercial payments, treasury services, transaction banking, cash management, or payment operations functions.
    • Familiarity with payment rails and industry developments, including ACH, Wires, RTP, FedNow, and other modern payment systems.
    • Background in operational risk, enterprise risk, audit, regulatory compliance, or first-line risk management.
    • CAMS, CRISC, CISA, CRCM, PMP, APRP or similar professional certifications are a plus.

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