Contribute to the oversight of merchant accounts to identify, investigate and mitigate transaction processing activity that represents financial risk to the company based on company guidelines.
Conduct daily, weekly, monthly reviews of transaction activity and analyzing increased credit risk, transactional variations, dispute activity, and fraud patterns.
Proactively monitor all merchant activities for compliance with applicable laws, rules, regulations, and policies.
Investigate abnormal transaction processing patterns and recommending appropriate actions.
Review and analyze financial, credit and publicly available information to support actions and decisions.
Assess and evaluate business model risk and exposure by evaluating merchant industry type, processing volume, refunds volume, delivery time frames and disputes.
Answer internal and external inquiries specific to risk.
Support specialized projects on an ad-hoc basis as directed by department or company leadership.
Other duties as assigned.
Requirements:
Experience with high-risk payment processing required
Knowledge of Card Brand rules and regulations required
Experience using Aperia and/or Fiserv Risk Monitoring tools preferred
High School Diploma required, bachelor’s degree preferred.
2-5 years of experience in Risk Management within the acquiring industry
Proficiency with MS Office Suite products with a focus on Microsoft Excel
Familiarity with various tools used for risk monitoring and due diligence (i.e. TSYS, Equifax, TIN Check, Vigilance, MATCH, GIACT, Merlink, etc.).
Excellent written and verbal communication skills.
Understanding of emerging technologies and trends in the payments space and their associated risks.
Excellent time management skills
Ability to analyze, test, assess and/or interpret information or data to make recommendations to enhance business operations.
Possesses strong analytical and research skills with strong attention to detail.
Ability to work autonomously while producing a high output of quality work.
Benefits:
Competitive Salary, Bonuses and Incentives.
Comprehensive employer sponsored health, vision, and dental insurance programs.
Paid time off, Paid Sick and Paid Holidays.
401K plan with up to a 4% matching contribution.
Commitment to Career Development and Advancement.
Employee Recognition Programs.
Vibrant Office Culture, Team Building, Birthdays, Work Anniversaries, Snacks, and more!