Manager, Merchant Set-Up

Merrick Bank; Woodbury (MN); Hybrid; USD 85,000 - 120,000; Full time

Benefits offered by this job

Competitive pay

Bonus target or variable pay incentive

Medical, dental, and vision insurance

401(k) with company match

Paid vacation, sick days and holidays

Wellness programs

Job summary

Merrick Bank is a leading FDIC-insured financial institution offering credit cards and merchant services, with a focus on non-prime lending and scalable payment solutions. This hybrid role oversees merchant onboarding, account maintenance, pricing configurations, and ongoing servicing for Merrick Bank’s merchant acquiring business.

The position emphasizes operational oversight of the Fiserv North Shared BIN program, with cross-functional collaboration to support growth and service excellence for

Qualifications

• Bachelor’s degree is required.
• 5+ years’ experience in merchant acquiring, payment processing, merchant operations, or a related field.

Responsibilities

• Boards new merchants and maintains existing merchant accounts within the Fiserv North platform, ensuring information is complete and accurate.
• Performs merchant account maintenance, including updates to account information, processing parameters, pricing, fees, and other account-level configurations.
• Creates, maintains, and updates fee tables, pricing structures, and related processing configurations within Fiserv North.
• Supports merchant conversions, account changes, implementations, and other operational activities.
• Handles incoming operational inquiries from merchants and sub-ISOs using Fiserv Client360 to initiate and track tickets for research and resolution.

Education

Bachelor’s degree

5+ years experience in merchant acquiring or payment processing

Job description

Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day.

Who we are

Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide.

What we do

We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses.

Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume.

Position Summary and Role Impact:

This role serves as a primary point of contact for clients and sub-ISOs, developing a strong understanding of their operational needs and providing responsive support to resolve issues, manage escalations, and recommend appropriate products and services. The position is responsible for fostering and maintaining client and sub-ISO relationships while providing operational oversight of Merrick Bank’s merchant acquiring business, including merchant onboarding, account maintenance, pricing and fee configuration, implementations, ongoing servicing, and support of the Fiserv North Shared BIN program. Through regular communication and proactive relationship management, the role helps ensure a positive client experience and supports the continued growth and success of the Bank’s merchant acquiring partnerships.

Essential Functions:

• Provides day-to-day operational support for the Fiserv North Shared BIN program, including:
  • Boards new merchants and maintains existing merchant accounts within the Fiserv North platform, ensuring information is complete, accurate, and consistent with established requirements.
  • Performs merchant account maintenance, including updates to account information, processing parameters, pricing, fees, and other account-level configurations.
  • Creates, maintains, and updates fee tables, pricing structures, and related processing configurations within Fiserv North.
  • Supports merchant conversions, account changes, implementations, and other operational activities.
  • Handles incoming operational inquiries from merchants and sub-ISOs, including utilizing Fiserv Client360 tool to initiate and track tickets for research and resolution.
• Provides operational oversight and support to clients and sub-ISOs, including assisting with escalations and complex operational issues.
• Works closely with Business Development, Risk, Compliance, Finance, and other internal stakeholders to support the onboarding and ongoing servicing of merchants and sub-ISOs.
• Provides operational guidance and serves as a subject matter resource for Fiserv North-related merchant acquiring activities.
• Identifies opportunities to improve operational processes, controls, and efficiencies related to merchant and sub-ISO onboarding and ongoing support.
• Maintains appropriate documentation and records related to merchant and sub-ISO activities, account configurations, pricing, and operational support.
• Performs other duties and responsibilities as assigned in support of the Bank’s merchant acquiring business.

Education & Experience:

• Bachelor’s degree is required.
• 5+ years’ experience in merchant acquiring, payment processing, merchant operations, or a related field.

Knowledge, Skills and Capabilities:

• Demonstrated hands-on experience with the Fiserv North processing platform in a merchant acquiring environment, including merchant boarding, account maintenance, account setup, pricing and fee configuration, processing parameters, and other related operational functions.
• Strong working knowledge of Fiserv North functionality and operational workflows, with the ability to independently perform day-to-day merchant acquiring activities within the platform.
• Experience supporting a merchant acquiring bank, processor, ISO, or similar payments organization.
• Strong understanding of the operational lifecycle of merchant accounts, from implementation and boarding through ongoing maintenance and servicing.
• Demonstrated ability to research, troubleshoot, and resolve merchant and processing-related operational issues.
• Strong attention to detail and ability to manage multiple merchants and sub-ISOs while maintaining accuracy and meeting established deadlines.
• Exceptional interpersonal and communication skills, with the ability to effectively interact with clients, sub-ISOs, internal business partners and external service providers.
• Excellent project management, organizational, and time-management skills.
• Ability to work independently while effectively collaborating with cross-functional teams.

Compliance with Laws & Regulations:

• Responsible for complying with all the Bank’s internal control policies and procedures.
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.

Work Environment/Physical Demands:

• This position is hybrid. The position requires employees to be on-site approximately 1 day per week. Flexibility can be discussed based on team needs.
• Work is in an office environment, sustained posture in a seated position for prolonged periods of time; works with computer equipment for prolonged periods of time.
• Some stress may occur
• Travel is generally not required

The salary range for this position, if located in NY Metro/NY State is $85,000 to $120,000. However, please note that the salary range will vary for other geographic areas.

#INDHP1

Why join us

We believe in putting people first by supporting our customers, employees and our partners while creating opportunities for everyone to reach their potential. From fostering work-life balance to rewarding good work and innovative ideas, we invest in what matters most, our people.

At Merrick Bank, you’ll be part of a collaborative, customer-focused team where you can grow your career while making a meaningful impact.

Our Employee Value Proposition

• Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
• Benefits Package -Medical, Dental, and Vision (plus much more)
• 401(k) Plan with Company Match
• Short- & Long-Term Disability
• Wellness Programs
• Group Life and AD&D Insurance
• Paid Vacation, Sick Days and bank Holidays
• Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition

We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite. Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location.

We are proud to be an equal opportunity employer. All qualified applicants will receive consideration without regard to age, race, color, sex, or gender identity/expression (including pregnancy, childbirth, transgender status, or sexual orientation), religion or creed, ancestry, citizenship, national origin, disability, military or veteran status, marital status, genetic information, or any other characteristic protected by applicable law.

We do not tolerate discrimination, harassment, or retaliation. Employment decisions are based solely on qualifications, merit, and business needs. Everyone is welcome here, and we hire based on your ability to do the job, not any protected characteristics.

If you need help or reasonable accommodation during the application or hiring process, please let your TA Partner know.