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Vice President of Risk Management & Compliance

Confidential Chicago, IL
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Vice President of Risk Management & Compliance


About the Company

Prominent provider of payment processing solutions

Industry
Financial Services

Type
Privately Held


About the Role

The Company is seeking a Vice President of Risk Management and Compliance to lead the organization's compliance framework and risk management processes. The successful candidate will be responsible for ensuring strict adherence to industry regulations, managing customer onboarding processes, and leading a team of specialists in these areas. This leadership role also involves maintaining compliance for payment products, collaborating with senior leadership on regulatory needs, and overseeing audits and examinations. The VP will be expected to develop and present comprehensive compliance and risk reports, drive employee training initiatives, and advise on emerging regulatory and licensing changes. Applicants for the Vice President of Risk Management and Compliance position at the company should have a minimum of a Bachelor’s degree or equivalent experience, with at least 8 years of underwriting experience and 5 years of management experience. A strong background in financial institutions and regulatory frameworks is essential, with a preference for candidates familiar with specific regulations and holding relevant certifications. The role requires exceptional communication, negotiation, and interpersonal skills, as well as strong organizational, analytical, and problem-solving abilities. The ideal candidate will have a proven track record of leading and developing teams, be proficient in Microsoft Office, and have the ability to work effectively in fast-paced environments.

Travel Percent
Less than 10%

Functions

  • Finance







Date Posted December 11, 2024
Located In Chicago, IL
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Confidential