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Full-Time

Director – Risk

Updated on 10/1/2024

Pathward

Pathward

501-1,000 employees

Financial services promoting inclusion and access

Financial Services
Fintech

Compensation Overview

$99.5k - $183.8kAnnually

+ Performance-based incentive

Senior, Expert

United States

Hybrid remote-office company.

Category
Risk Management
Finance & Banking
Requirements
  • Bachelor's degree or equivalent education and work experience.
  • 8+ years with merchant acquiring, or other related card brand payment products.
  • Merchant Acquiring Payment Solutions, Card Brand Rules, Direct-to-Debit, Payment Solutions, Real Time Payments, Third Party Risk Management.
  • Influencing others
  • Innovation
  • Strategic Thinking and Business Acumen
  • Outcome Driven
  • Planning and Organization
  • Empowering others
Responsibilities
  • Leads and develops a team of professionals responsible for risk analysis, review, and reports.
  • Assesses risk position and communicates trends to senior leadership and risk committees.
  • Regularly communicates risk to regulators, leads regulatory discussions and presents information, and responds to regulatory requests.
  • Collaborates and builds relationships with other risks and line of business leaders to deliver on initiatives and establish trust with stakeholders.
  • Develop, monitor, and report on KPIs and KRIs for various internal measures including senior leadership and board reporting.
  • Proactively identifies gaps, roadblocks, bottlenecks, and inefficiencies that impact risk initiatives and efforts and works to mitigate them.
  • Represents risk at the appropriate level across the organization and advocates for and defends decisions associated with strategy and plans.
  • Other duties as assigned.

Pathward promotes financial inclusion by providing a variety of financial services to individuals and businesses, particularly those lacking access to traditional banking. The company operates in the fintech sector, offering solutions such as Banking as a Service (BaaS), payment processing, credit options, and commercial finance. Pathward's services are tailored to meet the specific needs of its diverse clientele, which includes small and medium-sized businesses. Unlike many competitors, Pathward focuses on a purpose-driven approach, helping clients navigate financial challenges while adapting to economic changes. The goal is to empower clients to achieve financial stability and growth through accessible and customized financial solutions.

Company Stage

N/A

Total Funding

N/A

Headquarters

Sioux Falls, South Dakota

Founded

1954

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Pathward's recent Great Place To Work certification indicates a positive workplace culture, which can attract top talent and improve employee retention.
  • The expansion of Pathward's product suite for financial institutions can drive growth by offering enhanced services to small and midsized banks and credit unions.
  • Strategic partnerships, such as with TabaPay for faster money movement solutions, enhance Pathward's service offerings and market reach.

What critics are saying

  • The highly competitive fintech market requires continuous innovation and differentiation to maintain market share.
  • Macroeconomic factors like inflation and potential economic downturns could impact Pathward's revenue and growth prospects.

What makes Pathward unique

  • Pathward's focus on financial inclusion sets it apart in the fintech sector, targeting underserved individuals and businesses who lack access to traditional banking services.
  • The company's comprehensive suite of financial solutions, including Banking as a Service, payment processing, and commercial finance, offers a one-stop-shop for clients, reducing the need for multiple third-party services.
  • Pathward's commitment to purpose-driven financial empowerment and its ability to adapt to changing economic conditions provide a unique value proposition in a highly competitive market.