Director, ACH

Maverick Payments; Calabasas (CA); On-site; USD 130,000 - 155,000; Full time

Benefits offered by this job

Competitive Salary

Health, vision and dental insurance

401K with matching

Paid time off and holidays

Career development

Job summary

Maverick Payments in Calabasas, CA seeks a Director, ACH Risk to oversee merchant accounts and mitigate financial risk per company guidelines.

You will monitor ACH activity for portfolios, ensure compliance with laws, develop training, and conduct audits. Remote candidates may be considered; in-office work is anticipated for LA/Houston areas.

Qualifications

• High School Diploma or equivalent.
• 10+ years of experience in ACH Merchant Risk Program management.
• Experience with high-risk payment processing.

Responsibilities

• Oversee ACH Origination Program and support operational functions.
• Monitor ACH activity for merchant portfolios and report to management.
• Ensure compliance with applicable laws, rules, and company policies.
• Review financial and credit information to assess risk and exposure.
• Develop and maintain ACH policies and training programs.
• Audit and assess ACH processes and address findings.
• Support special projects and stay updated on industry trends.

Skills

ACH risk management

High-risk payment processing

Merchant risk analysis

Education

Bachelor’s degree in Finance or Business Administration

Job description

Exciting Opportunities at Maverick Payments!

Join our fast-paced, growing company and further your career with Maverick Payments, where you can thrive, your ideas are valued, and your colleagues feel more like family than coworkers!

About Us:

Maverick Payments is a family-owned and privately held full-service payment provider. Located in Calabasas, California, Maverick has created innovative technology designed for sales organizations, such as ISO’s and ISV’s, looking to monetize payments by reselling our white-labeled payments stack. Our payment products include merchant acquiring services, a proprietary gateway, ACH processing, fraud & chargeback tools, analytics, and other value-add services. Maverick’s team includes underwriting, risk management, compliance & legal, technology & product development, on-boarding, customer support, information technology, and more.

About the Position:

Working under the direction of the Sr. Director, Risk, the Director, ACHis responsible for the oversight of merchant accounts to identify, investigate and mitigate activity that represents financial risk to the Company based on Company guidelines.

• Manages the oversight of the ACH Origination Program and supports the ACH operational functions as needed.
• Monitor ACH activity for merchant portfolio(s) and examine for abnormalities, providing detailed analysis to management regarding portfolio performance.
• Ensuring all merchant activities for compliance with applicable laws, rules, regulations, and policies and recommend appropriate actions.
• Expert in reviewing and analyzing financial, credit and publicly available information to support actions and decisions including assessing and evaluating business model risk and exposure by evaluating merchant industry type, volume, refunds, delivery time frames and return rates.
• SME for all aspects of ACH program.
• Managing existing and new policies as they relate to ACH and industry compliance
• Conduct internal and external audit and assessments, addressing any recommendations or findings.
• Developed and performed ACH training programs companywide and specific role use.
• Monitoring the effectiveness and efficiency of the program, technology, tools, and processes, recommending as with limited oversight.
• Supporting specialized projects on an as-needed basis as directed by Company leadership.
• Monitored industry trends and develop strategies for growth for ACH.
• Business partners review and oversight for acceptance, requirements, and pricing.Support diverse tasks within established rules/limits, which may include escalations from other employees and departments.
• Other duties as assigned

Qualifications:

• High School Diploma or equivalent.
• 10+ years of experience engaged in ACH Merchant Risk Program management including monitoring ACH return ratio, POA reviews, remediation, ACH audits, and BSA/AML audits.
• Experience with high-risk payment processing and analyzing high risk vertical spreads.

Preferred:

• Bachelor’s Degree, Finance, Business Administration, or similar.
• Experience with high-risk ACH payment processing preferred.
• AAP, APRP or similar certification a plus or willingness to get certified (Sponsored by Maverick.

What We Offer:

• 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 & Company Sponsored Events
• Vibrant Office Culture, Team Building, Birthdays, Work Anniversaries, Snacks, and more!

Pay Range: $130K -155K

This position will report in office for candidates near Greater Houston or Los Angeles, areas.
Remote candidates considered in the following states: AZ,CA (Outside of LA Metro area),CO,FL,GA,ID,IN, KS, KY, MA,MD,ME, MI, NC, NH, NJ,NV,NY,OH, OR, PA TN,TX (Outside Houston Metro),UT,VA,WA.

Maverick Payments is an Equal Opportunity Employer.
Pay Transparency Notice: At Maverick Payments, we believe in openness, honesty, and empowering our candidates to make informed career choices. As part of our commitment to transparency, we disclose the salary range for our positions. These ranges reflect our dedication to fair compensation practices and recognize the value that each team member brings to our organization. The final salary offer will be based on factors such as your experience, skills, and qualifications.
Non-Solicitation from Third Parties: Do not contact Maverick Payments about this position unless you are a job seeker and potential applicant for this position. Do not contact Maverick Payments about other services, products or commercial interests.
Notice to Agency and Search Firm Representatives: Maverick Payments is not accepting unsolicited resumes from agencies and/or search firms for this or other job postings. Resumes submitted to any Maverick Payments employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Maverick Payments. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral.
Fair Chance Ordinance: Maverick will consider qualified applicants with criminal histories in a consistent manner with the Los Angeles Fair Chance Initiative for Hiring.