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Job Title: Payments Segment Risk Analyst – BIN Sponsorship
Job Summary:
Heitmeyer Consulting is currently seeking an experienced risk professional to join our client’s Payments Segment Risk team, supporting a growing BIN Sponsorship program across both issuing and acquiring models. This role will play a critical part in onboarding new fintech and processor partners, as well as performing comprehensive annual due diligence reviews for active sponsored clients.
With a strong pipeline of fintech partnerships, this position requires hands-on experience conducting deep, document-intensive due diligence and evaluating programs against regulatory, card network, and bank risk appetite standards.
Key Responsibilities:
- Perform initial and ongoing BIN Sponsorship due diligence for issuing and acquiring partners, including fintechs and processors
- Lead annual due diligence reviews for existing sponsored clients in accordance with regulatory and internal risk requirements
- Conduct detailed reviews of partner policies and procedures (AML/BSA, KYC, PCI, operational risk, governance), often reviewing 80–100 documents per engagement
- Assess the maturity and effectiveness of AML/BSA programs to ensure regulatory compliance and alignment with the bank’s risk appetite
- Analyze risk assessments, audit results, customer information, and card network requirements to identify gaps and recommend remediation
- Partner with Third?Party Risk Management (TPRM), Compliance, Fraud, InfoSec, and other stakeholders to support effective risk oversight
- Support onboarding decisions for a pipeline of fintech and processor relationships seeking bank sponsorship
- Prepare clear, concise executive-level reporting and present risk findings, trends, and recommendations to senior stakeholders
Basic Qualifications:
- 5+ years of experience in payments, merchant acquiring, or sponsor bank environments
- Demonstrated experience with BIN Sponsorship due diligence (issuing and/or acquiring)
- Strong background in operational, compliance, and third?party risk management
- Experience supporting or evaluating fintech partnerships and payment processors
- Deep understanding of AML/BSA, KYC, PCI, and card network regulatory rules
- Proven ability to read, interpret, and synthesize risk reviews and assessments
- Experience with policy and procedure evaluation and TPRM frameworks
Preferred Qualifications:
- ACAMS and/or CPP certification strongly preferred
Heitmeyer Consulting is an equal opportunity employer and we encourage all qualified candidates to apply. Qualified applicants will be considered without regard to minority status, gender, disability, veteran status, or any other characteristic protected by law.