Sr Risk and Compliance Manager

If you’ve ever used an ATM, paid a bill through your phone, sent money to a friend or shopped online, chances are your transaction was safeguarded and processed using our software. Now it’s your turn to serve the payment needs of organizations and people the world over.

Job Purpose

The Risk Manager plays a critical role in guiding the business unit to identify and understand risk exposures and the controls needed which are integral to reducing risk. This role will also assist with ensuring the business unit’s adherence to relevant laws and regulations. This role will conduct risk assessments and collaborates with cross functional teams as well as leadership to implement solutions to reduce and mitigate risks. This role will report into the Global Technology and Innovation business unit.

Essential Functions and Responsibilities

• Provides leadership, support, and execution of ACI's risk management and compliance framework within Global Technology and Innovation.
• Supports the business unit’s alignment with compliance requirements and risk processes to ensure systems, products and practices comply with enterprise policies and standards, and applicable regulations.
• Provides guidance to stakeholders within the business unit to ensure compliance with regulations and internal and external standards. 
• Understands and monitors the regulatory environment applicable to technology departments.
• Assesses and communicates changes that may impact the business.
• Translates regulatory concepts and operational challenges into actionable solutions that support business objectives.
• Provides regulatory change management oversight as well as the execution and implementation of requirements.
• Stays informed on compliance requirements and regulations to effectively serve as a conduit for emerging regulations. 
• Advises on changes within operations and activities that may trigger additional existing compliance implications.
• Proactively identifies, assesses, mitigates, monitors, and manages risk within the business unit.
• Identifies control gaps and drives remediation efforts to completion. 
• Manages multiple risk and compliance initiatives. 
• Communicates and escalates to leadership risks and changes as appropriate.
• Collaborates with the organization’s various internal departments to address risk and compliance issues. 
• Consults and collaborates with business leaders and stakeholders to develop solutions based on good internal models and advice.
• Influences the business unit to create a more risk-aware culture within the organization.
• Understand and adhere to all corporate policies to include but not limited to the ACI Code of Business Conduct and Ethics. 
• Perform other duties as assigned 

Qualifications (Education, Experience, Knowledge, Skills, and Abilities)

• Bachelor’s degree required and/or equivalent work experience.  
• 5-8 years of regulatory compliance and risk management experience within the financial services industry. 
• Knowledge of the industry and relevant external forces, with a significant understanding of how regulatory compliance influences business operations within the financial services industry.
• Demonstrated knowledge and experience defining and applying compliance requirements, industry rules to technologies, data, and business processes.
• Strong experience performing risk and control assessments, functional mapping and identification of controls, control testing, and documentation of processes.
• Demonstrated expertise in researching regulatory requirements and integrating into business processes. 
• Experience with regulations and industry standards including but not limited to: PCI, ISO, GLBA, BSA, GDPR, regulations regarding the protection of consumer data, and cybersecurity regulation.

Preferred Qualifications (Education, Experience, Competencies)

• Advanced degree such as MBA or JD, preferred
• Certifications such as CRCM, or related certifications desired.
• Previous experience in the Payments/Fintech/service provider industry strongly preferred.

Competencies

• Superior communication and written skills
• Advanced strategic thinking and analytical abilities 
• Strong relationship building and collaboration capabilities with global teams
• Demonstrated ability to manage multiple complex initiatives

Licenses and Certifications

• Cybersecurity or Risk certifications

Work Environment: 

• Standard work environment 
• Travel required, may be domestic and international 

Physical demands:

• Majority of time spent on PC

Benefits:  In return for your expertise, we offer growth, opportunity, and a competitive compensation and benefits package in a casual work environment. 

ACI Worldwide is an AA/EEO employer in the United States, which includes providing equal opportunity for protected veterans and individuals with disabilities, and an EEO employer globally