**Location:** For Those Who Work At Home, Ohio **JOB BRIEF** As the Credit Risk Manager, Payments Risk, you will be part of the Commercial Bank 1st line of defense Risk team supporting the KeyBank Merchant Services (KMS) acquiring business, ensuring appropriate oversight of onboarding and risk of the merchant portfolio. Reporting directly to the Senior KMS Risk Manager, you will join a group of dedicated credit risk professionals focused on the day-to-day merchant risk functions. Leveraging your experience in merchant credit risk, you will act as a trusted advisor and subject matter expert, leading the team in ensuring adherence to KeyBank’s underwriting guidelines and identifying areas of potential exposure and developing effective risk mitigation strategies. By fostering a culture of excellence and accountability within your team, you will ensure that all credit risk activities are executed to the highest professional standards. This includes mentoring and developing staff, promoting continuous improvement, and advancing the team’s technical capabilities. Your leadership will be crucial in supporting the growth objectives of KeyBank Merchant Services while safeguarding the institution’s assets and reputation. **ESSENTIAL JOB FUNCTIONS** + Manage a team of Credit Risk Analysts with an eye toward operational efficiency and continuous improvement + Oversee and monitor the daily concurrence requests vendors on new merchant applications and assess decisions, funding holds, releases, risk reviews and investigations according to approved guidelines. + Supervise the monitoring of suspended transactions, providing guidance on escalation, remediation, and stakeholder communication + Respond to escalated inquiries from leadership regarding complex applications and emerging business opportunities + Monitor communication with leadership including coordination of periodic reviews and investigations, while ensuring alignment across internal teams + Establish and manage relationships with external vendors for collection placements, fostering collaboration and driving performance improvement + Actively contribute to oversight meetings with risk, compliance, and executive partners, driving strategic risk management initiatives + Provide direction and support for Third Party governance processes and due diligence activities related to KMS Vendors **REQUIRED QUALIFICATIONS:** + Education: Bachelor’s Degree or equivalent experience + Experience: minimum 5-7 Years Merchant acquiring credit and risk management + Understanding of merchant risk, fraud indicators and risk mitigation practices + Ability to analyze merchant account details and provide recommendations based on credit underwriting guidelines. + Knowledge of merchant boarding systems and processes + Experience in Excel with the ability to manage data sets, create summary views using pivot tables, data graphs/visualizations + Strong verbal and written communication skills + Strong attention to detail, quality, speed and accuracy + Strong work ethic and positive attitude + Ability to multitask and work well under pressure **PREFERRED QUALIFICATIONS:** + Experience running and operational team + Experience managing card brand compliance + Experience creating and managing operational controls and procedure COMPENSATION AND BENEFITS This position is eligible to earn a base salary in the range of $110,000 to $135,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance. Please click here (https://www.key.com/kco/images/Key\_Benefit\_Eligibility\_Chart.pdf) for a list of benefits for which this position is eligible. Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment. Job Posting Expiration Date: 09/29/2025 KeyCorp is an Equal Opportunity Employer committed to 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. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com. \#LI-Remote KeyBank is an organization collectively committed to helping you unlock your potential and discover what truly drives you. Working here means sharing our purpose to help our clients, colleagues, and communities thrive. You’ll find genuinely supportive teammates, a flexible, inclusive work environment, challenging projects, accessible leaders, and opportunities to grow in your position and your career. For 200 years, Key has opened doors in our communities. Let us open one for you.