What are the responsibilities and job description for the VP of Credit, Risk and Compliance position at FinTech Executive Search Consultants?
Title : VP of Credit, Risk and Compliance
Location : Dallas, TX
Overview :
Our Client, a leading payments company, is searching for a VP of Credit, Risk & Compliance in Dallas, TX to join their team.
In this role, you will be responsible for but not limited to collaborating, evaluating, and preparing complex merchant applications for processing and ensuring the protection of company assets by managing the quality, accuracy, and consistency of data, documentation, and transactions for the entire merchant portfolio. You will oversee teams of risk analysts, underwriters, and department specialists to underwrite, review, manage, and measure risk and compliance processes and procedures. You will spearhead the quality, accuracy, and consistency of data, documentation, applications, and transactions with various organizational complexities.
Responsibilities :
- Responsible for managing Underwriting, Risk, Loss Prevention, High Risk, and Collections
- Develop, document, and deploy fraud screening systems and policies, and manage alert systems for all portfolios.
- Apprise staff of emerging payment system security trends, identification and implementation of controls, collaboration with other industry members
- Coordinate fraud investigations with law enforcement, manage the dispute claims process and chargebacks, liaison with executive team and industry organizations (Visa, MasterCard, Sponsor Banks, etc.)
- Work with the Executive Leadership Team to understand and achieve business and strategic goals; implements procedures and controls to mitigate losses.
- Responsible for appropriately staffing the department, hiring and training employees, planning, assigning, directing work, appraising performance, mentoring, addressing complaints, and resolving problems.
- Ensure compliance with all regulations associated with the card portfolios and minimizes reputational risk through industry "best practices," act as Compliance Officer.
- AML and KYC liaison for the organization, responsible for maintaining company certifications.
- Safeguard Corporate and Customer assets, consumer confidence, and reputation of the business
- Oversee the Underwriting department and ensure applications are boarded promptly in adherence with credit guidelines.
- Manage, measure, and report the application boarding statistics and collections efforts.
- Analyze and interpret regulatory authorities' rules and regulations and incorporate them into workflow.
Requirements :
