Richard Parrott
About Richard Parrott
Richard Parrott serves as the Vice President and Chief Risk Officer at Talus Pay, where he has worked since 2020. With 25 years of experience in the payments industry, he has held various leadership roles at companies such as Discover Card, Tata Consultancy Services, and Merchant e-Solutions.
Work at Talus Pay
Richard Parrott serves as the Vice President and Chief Risk Officer at Talus Pay, a position he has held since 2020. In this role, he is responsible for overseeing risk management strategies and ensuring compliance within the organization. Talus Pay operates in the payments industry, and Parrott's expertise contributes to the company's efforts in mitigating risks associated with financial transactions. His leadership is vital in navigating the complexities of risk in a rapidly evolving market.
Previous Experience in Risk Management
Prior to his current role, Richard Parrott accumulated extensive experience in risk management across various organizations. He worked at Discover Card from 1988 to 2002, where he focused on risk management for 14 years. Following this, he held positions at RBS Lynk as VP of Risk Management from 2002 to 2006, and at Pay By Touch as VP of Risk Management from 2006 to 2009. His tenure at Litle & Co as Director of Risk from 2009 to 2012, and at Merchant e-Solutions as Senior Vice President of Credit and Risk from 2013 to 2015, further solidified his expertise in the field.
Consulting Experience at Tata Consultancy Services
Richard Parrott worked as an Executive Consultant at Tata Consultancy Services from 2019 to 2020. In this role, he provided strategic insights and guidance on risk management practices. His experience in consulting allowed him to leverage his extensive knowledge of the payments industry to assist clients in improving their risk management frameworks.
Career Background in the Payments Industry
With 25 years of experience in the payments industry, Richard Parrott has held leadership positions in various sectors, including Independent Sales Organizations (ISOs) and payment processors. His career has been marked by a focus on risk management, where he has developed and implemented strategies to address financial risks. This extensive background has equipped him with the skills necessary to navigate the challenges of the payments landscape.