Commercial Card Segment Risk Manager Sr

Description Summary

The Commercial Card Segment Risk Manager Sr serves as the first-line risk leader responsible for the governance, oversight, and risk management of the Commercial Card and Payables portfolio. This role partners closely with Product Management, Treasury Management, Operations, Technology, Compliance, AML, Fraud, Legal, and Second Line Risk functions to ensure products and services operate within the Bank's risk appetite while supporting business growth and innovation.

• Provide end-to-end risk oversight for the Commercial Card and Payables portfolio, including virtual cards, purchasing cards, travel and entertainment cards, integrated payables, and related payment solutions.
• Establish and maintain portfolio-level risk assessments, risk inventories, risk appetite metrics, and control frameworks.
• Evaluate new products, product enhancements, strategic initiatives, and partnerships to identify potential operational, compliance, fraud, reputational, and financial risks.
• Partner with Relationship Managers, Treasury Management Advisors, and Commercial Banking teams to provide risk guidance for prospective and existing clients.
• Design, implement, and enhance risk management processes, policies, standards, and procedures.
• Present risk assessments and recommendations to senior leadership, governance committees, and executive stakeholders.
• Oversee the identification, assessment, monitoring, and mitigation of risks related to Commercial Card credit exposure, underwriting and approval processes, portfolio management, fraud, servicing, onboarding, customer due diligence, card network requirements, and operational controls.
• Oversee the identification, assessment, monitoring, and mitigation of risks related to Commercial Card credit exposure, underwriting and approval processes.

Duties & Responsibilities

Provide end-to-end risk oversight for the Commercial Card and Payables portfolio, including virtual cards, purchasing cards, travel and entertainment cards, integrated payables, and related payment solutions.

Establish and maintain portfolio-level risk assessments, risk inventories, risk appetite metrics, and control frameworks.

Evaluate new products, product enhancements, strategic initiatives, and partnerships to identify potential operational, compliance, fraud, reputational, and financial risks.

Partner with Relationship Managers, Treasury Management Advisors, and Commercial Banking teams to provide risk guidance for prospective and existing clients.

Design, implement, and enhance risk management processes, policies, standards, and procedures.

Present risk assessments and recommendations to senior leadership, governance committees, and executive stakeholders.

Oversee the identification, assessment, monitoring, and mitigation of risks related to Commercial Card credit exposure, underwriting and approval processes, portfolio management, fraud, servicing, onboarding, customer due diligence, card network requirements, and operational controls.

Oversee the identification, assessment, monitoring, and mitigation of risks related to Commercial Card credit exposure, underwriting and approval processes.

Basic Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field or in lieu of a Bachelor’s degree, 4 additional years of segment-specific or risk-related experience may be considered.
• Minimum of 7 years of experience in Audit, Compliance, Risk Management, Commercial Card, Credit Card, Payments, Operational Risk, Credit Risk, or related financial services functions.

Preferred Qualifications

• 10+ years of experience in commercial payments, commercial cards, treasury management, or corporate banking.
• Strong knowledge of commercial card products, virtual card solutions, payables automation, card network rules, and payment processing.
• Familiarity with operational risk, fraud risk, AML/BSA, third-party risk, and compliance management.
• Experience participating in regulatory exams, internal audits, and issue remediation programs.
• Professional certifications such as CRISC, CRCM, CISA, CAMS, CERP, or PMP preferred.