Risk Analyst

Netevia; Town of Florida (NY); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Mentorship from industry professionals

Opportunities for growth

Job summary

A payment processing company in New York seeks a Risk Manager to monitor merchant activities, ensuring compliance and managing potential risks. The ideal candidate will have 3-5 years of experience in Risk Management within the banking industry, strong deductive reasoning, and proficiency in Microsoft Office. Responsibilities include evaluating merchant accounts, making verification calls, and educating merchants on guidelines. Spanish language skills are a plus. Email inquiries to [e-mail].

Qualifications

• 3-5 years prior experience in a Risk Management role within the merchant services/banking industry.
• Spanish as a plus.

Responsibilities

• Monitor merchant activity via report analysis and gateway monitoring.
• Conduct evaluations on merchant accounts that pose a risk.
• Make outbound verification calls to merchants.
• Educate merchants on processing guidelines.
• Review portfolio for suspicious activity.

Skills

Strong deductive reasoning skills

Understanding of Personal and Business Credit Reports

Proficiency with Microsoft Office applications

Knowledge of Visa/MasterCard/Discover rules

Excellent verbal and written communication skills

Ability to identify patterns and recognize aberrations

Time-management skills

Attention to detail

Clear and professional writing skills

Ability to manage multiple tasks/projects

Education

3-5 years experience in Risk Management

Job description

this Risk position will be responsible for the monitoring of merchant activity via report analysis, gateway monitoring, and outbound calling to verify compliance of terms of the merchants processing agreement, holding questionable batches until an investigation can be completed, and communicating actions and outcomes to all stakeholders in a manner consistent with maintaining a good rapport with internal and external clients. The potential candidate will require a thorough understanding of Microsoft products.

DUTIES AND RESPONSIBILITIES

• Merchant website review for compliance
• Divert funds and conduct evaluations on merchant accounts that pose a risk to the organization
• Analyze credit, financial, and underwriting documentation
• Make decisions on required reserve amounts and releases
• Make outbound verification calls
• Educate merchants on processing guidelines and security measures.
• Communicate with merchants regarding exception activity, action plans, and long‑term risk solutions
• Reviewing portfolio for suspicious activity, investigating potential fraudulent merchant activity, mitigating potential losses, collecting funds owed to the company, etc.
• Other duties as assigned

SKILLS REQUIRED

• Strong deductive reasoning skills; can infer the complete picture using information gathered from multiple sources
• Able to read and fully understand Personal and Business Credit Reports in order to assess a merchant’s financial condition and wherewithal to pay chargebacks or refunds as they may occur; general ability to assess business and personal financials to hedge against potential financial exposure
• Proficiency with Microsoft Office applications
• Knowledge of the Visa/MasterCard/Discover rules/regulations
• Excellent verbal and written communication skills
• Enjoys identifying patterns or recognizing aberrations; likes to get to the bottom of the story indicated by the clues they surface
• Takes calculated risks and learns from mistakes
• Ability to independently manage multiple tasks/projects and deadlines simultaneously
• Speaks in a clear, poised, and convincing manner. Writes in a professional style that remains succinct, polite, and on‑point. Conveys difficult news compassionately in support of building long‑term relationships with our merchants and ISOs
• Demonstrates accuracy with particular attention to detail in a work setting that requires effective time‑management skills and strict adherence to deadlines

EXPERIENCE AND EDUCATION

• 3-5 years prior experience in a Risk Management role within the merchant services/banking industry
• Spanish as a plus

We offer a great opportunity to be mentored by industry professionals and grow with us.

Please send serious inquiries only to [e-mail].