Banking Risk Management Team Lead

Banking Risk Management Team Lead

05 Aug 2024
Oklahoma, Oklahoma city 00000 Oklahoma city USA

Banking Risk Management Team Lead

Vacancy expired!

Banking Risk Management Team LeadJob DetailsLevelExperiencedJob LocationOklahoma City Office - Oklahoma City, OKPosition TypeFull TimeEducation LevelBachelor's DegreeJob CategoryGeneral BusinessDescriptionThe overall goal of a Banking Risk Management Team Lead is to review the work of the Risk Management team and help mitigate Paycom’s client-facing business risks. This position is responsible for the daily execution of client onboarding and oversight of client financial health, as well as any recovery activity required.RESPONSIBILITIES

Assist with planning, staffing, managing and developing the Banking Risk Management teams

Directly support and manage specialists within Banking Risk Management

Execute the daily application of Paycom’s Risk Management policy, and make recommendations for changes to department leadership

Maintain and adjust the process for conducting risk assessments and extending funding method decisions, including KYC (“Know Your Customer”) functions

Conduct quantitative analysis for portfolio stress testing and risk concentration limits setting

Research internal and external business challenges and recommend solutions using best practices

Conduct research, gather information and maintain awareness of the business environment, government events and regulatory changes

Evaluate and develop solutions to automate, analyze and establish general effectiveness of processes from an end-to-end standpoint

Participate in external and internal audits of processing systems, operations and policies, including third party processor audits

Develop guidance and provide training on operations-related risk policies and tools

Assist with relationship management of banking partners and external vendors

Investigate potential fraudulent activity and report findings to management and legal

Monitor Net Exposure Report to assess need for follow up

Other duties and projects as assigned

QualificationsEducation / Certification:

Bachelor’s degree in Business, finance, MIS, or other related field required, experience considered in lieu of degree

Certified Treasury Professional, Risk Management and/or Lean Six Sigma certifications preferred

Experience Required:

5+ years of bank operations or corporate treasury experience, 9+ years experience needed in lieu of degree

1+ years of leadership experience

Knowledge of industry standard financial and background checking software

Strong command of project management and process improvement skills

Skills and Abilities:

Excellent communication and written/oral skills

Strong negotiation skills and ability to have difficult conversations

Intermediate knowledge of Microsoft applications

Advanced knowledge of banking operations, rules and regulations, including third party processor requirements

Ability to work in a fast-paced environment and meet critical deadlines

Strong relationship building skills

Quantitative analysis skills

Work flexible hours (if needed)

Eagerness to continue learning

Ability to prioritize tasks in order of importance

Very detail oriented

Paycom is an equal opportunity employer and prohibits discrimination and harassment of any kind. Paycom makes employment decisions on the basis of business needs, job requirements, individual qualifications and merit. Paycom wants to have the best available people in every job. Therefore, Paycom does not permit its employees to harass, discriminate or retaliate against other employees or applicants because of race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, military and veteran status, age, physical or mental disability, genetic characteristic, reproductive health decisions, family or parental status or any other consideration made unlawful by applicable laws. Equal employment opportunity will be extended to all persons in all aspects of the employer-employee relationship. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, training, promotion, discipline, compensation benefits, and separation of employment. The Human Resources Department has overall responsibility for this policy and maintains reporting and monitoring procedures. Any questions or concerns should be referred to the Human Resources Department.Paycom provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, pregnancy, military and veteran status, age, physical and mental disability, genetic characteristics, or any other considerations made unlawful by applicable state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. Paycom expressly prohibits any form of workplace harassment based on race, color, religion, sex, national origin, pregnancy, military and veteran status, age, physical and mental disability, or genetic characteristics.

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