Payments Segment Risk Analyst – BIN Sponsorship

Key Responsibilities

• Perform initial and ongoing BIN Sponsorship due diligence for issuing and acquiring partners, including fintechs and processors
• Lead annual due diligence reviews for existing sponsored clients in accordance with regulatory and internal risk requirements
• Conduct detailed reviews of partner policies and procedures (AML/BSA, KYC, PCI, operational risk, governance), often reviewing 80–100 documents per engagement
• Assess the maturity and effectiveness of AML/BSA programs to ensure regulatory compliance and alignment with the bank’s risk appetite
• Analyze risk assessments, audit results, customer information, and card network requirements to identify gaps and recommend remediation
• Partner with Third-Party Risk Management (TPRM), Compliance, Fraud, InfoSec, and other stakeholders to support effective risk oversight
• Support onboarding decisions for a pipeline of fintech and processor relationships seeking bank sponsorship
• Prepare clear, concise executive-level reporting and present risk findings, trends, and recommendations to senior stakeholders

Basic Qualifications

• 5+ years of experience in payments, merchant acquiring, or sponsor bank environments
• Demonstrated experience with BIN Sponsorship due diligence (issuing and/or acquiring)
• Strong background in operational, compliance, and third-party risk management
• Experience supporting or evaluating fintech partnerships and payment processors
• Deep understanding of AML/BSA, KYC, PCI, and card network regulatory rules
• Proven ability to read, interpret, and synthesize risk reviews and assessments
• Experience with policy and procedure evaluation and TPRM frameworks

Preferred Qualifications

• ACAMS and/or CPP certification strongly preferred