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BIN Sponsorship & Credit Risk Oversight Manager in Cleveland, OH at KeyBank

Date Posted: 11/12/2020

Job Snapshot

  • Employee Type:
  • Location:
    127 Public Square
    Cleveland, OH
  • Date Posted:

Job Description

BIN Sponsorship & Credit Risk Oversight Manager

The role manages credit and risk oversight functions for sponsored Independent Sales Organizations (ISO’s) and payment facilitators including upfront onboard of new opportunities, ongoing monitoring, and annual onsite reviews.ESSENTIAL JOB FUNCTIONS Key Deliverables:
  • Upfront diligence reviews including all credit and risk policy review and approval
  • Shadow underwriting
  • Sample merchant full underwriting reviews
  • Prepare and recommend decision for new merchants exceeding individual volume limits
  • Shadow risk monitoring
  • Review weekly CB, refund and loss reporting for each sponsored entity
  • Attend monthly calls with each sponsored entity to review key portfolio metrics
  • Create and present internal portfolio key metric reporting
  • Settlement account tracking and reporting
  • Annual on-site reviews

End result: This position will be part of a new function for the bank in for ISO’s and payment facilitators in the merchant acquiring space that will allow for a new line of business with the appropriate risk management policies and procedures in place. Build a team and be responsible for the above deliverables resulting in acceptable loss, chargeback, and refund ratios.

  • 7 – 10 years of credit and risk merchant acquiring experience working at a sponsor bank or managing the sponsor bank relationship for an ISO or payment facilitator.
  • Experience with card brand bank sponsorship on site audit processes
  • Understanding of Visa, Mastercard, American Express and Discover rules and regulations
  • Demonstrated ability to build and manage new policies, procedures and teams
  • Experience working directly with sponsor banks in the merchant acquiring business.
  • Expertise in merchant acquiring credit and risk management
  • Experience in creating and managing merchant acquiring credit and risk policies
  • Knowledge of merchant boarding systems and processes
  • Knowledge of merchant acquiring risk systems including external tools such as e-commerce monitoring
  • Strong communication and presentation skills
  • Sponsor bank experience
  • Strong communication and presentation skills
  • Analytical skills


KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.


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