Risk Control Manager (NYC)

Title: Risk Control Manager Duration: 12 month contract + extensions Location: Onsite - NYC Pay Rate: $75-80/hrVisa: USC/GCCompensation:$75/hr to 80/hrExact compensation may vary based on several factors, including skills, experience, and education.Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law Compensation.Nice to Have Skills and ExperienceProfessional Certifications such as Certified Risk Manager (CRM) or Certified Internal Auditor (CIA) Extensive experience within the Credit Card industry Experience managing risk and controls for Credit Card transactions, acquisition streams, statements, installments, communications, billing, or rewards products/functionsJob Description In this role, you will join a new Center of Excellence responsible for monitoring and executing business and risk controls for our client's Consumer Credit Cards division. You will be a part of the Operations organization working cross functionally and especially close to Product Management and Marketing. Our client is a Global Systematically Important Bank (G-SIB) known for investment excellence, client care, and a global presence. You will be responsible for the control management of key processes, ensuring that all risk and control activities are executed effectively. This role involves gathering evidence, uploading information into systems of record, escalating issues to senior leadership when necessary, reporting, and identifying process improvements. The ideal candidate will have a strong background in managing and executing risk and control processes within financial institutions, a solid understanding of the applicable regulatory framework, excellent communication skills, and the ability to work across multiple fronts and teams within the Product and Marketing departments. The ideal candidate will have a strong working knowledge of credit cards or other consumer financial products.Key Responsibilities: Control Management: Execute control activities for key processes within the Platform Solutions Business Unit. Ensure that all control activities are performed in accordance with established policies and procedures. Evidence Gathering and Documentation: Collect and document evidence to support control activities. Upload evidence and relevant information into systems of record accurately and timely. Issue Escalation: Identify and escalate control issues and potential risks to senior leadership as needed. Provide detailed reports and recommendations for issue resolution. Reporting: Prepare and present regular reports on control activities, findings, and improvements to senior management. Maintain accurate and up-to-date records of all control activities and related documentation. Process Improvement: Identify opportunities for process improvements and recommend enhancements to control activities. Collaborate with cross-functional teams to implement process improvements and ensure effective control management. Regulatory Compliance: Stay informed about relevant regulatory requirements and ensure that control activities comply with applicable regulations. Assist in the development and implementation of policies and procedures to meet regulatory standards. Collaboration and Communication: Work closely with Product and Marketing teams to ensure alignment and effective execution of control activities. Communicate effectively with stakeholders at all levels, providing clear and concise information on control activities and findings.

Created: 2025-01-25