Risk Analyst I

Orlando, FL - USA

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Full-time

Description

The Risk Analyst I is responsible for daily exception-based monitoring and review of incoming merchant account requests via a ticketing system. These duties ensure current and accurate merchant information is updated and assist in fraud and loss prevention. As part of a larger team the Risk Analyst I will be expected to communicate effectively with peers leadership and merchant/partner customers through verbal written email and other communication channels.

Key Responsibilities & Objectives

Conduct transactional and behavioral analysis of merchant activity to identify trends variations patterns and insights relating to the identification of suspicious or anomalous activity.
Monitor merchant activity through exception reporting for current transaction activity as well as historical behavioral monitoring for risk related to chargebacks fraud or settlement rejects.
Analyze credit processing history bank statements and business model obtained during underwriting and/or periodic reviews to identify risks.
Ongoing credit risk monitoring using third-party tools to mitigate risk.
Update merchant parameters to reflect acceptable performance patterns and field inbound requests through direct support and/or partner/merchant communications.
Maintain records of risk investigations actions and relevant communications related to risk inquires.
Participate in process creation policy/procedure creation and maintenance and reporting to management.
Participate in team meetings risk assessments and other development activities.
Maintain responsibility for follow-up requests for post-underwriting review.
Work closely with cross functional departments with risk related issues in day-to-day operations.
Other duties as assigned

Requirements

Prior experience is not required but any experience in risk management financial services payment industry or related fields is a plus.
Experience in basic risk management and risk assessment functions including creation and maintenance of controls supporting loss prevention or recovery.
Knowledge of industry standards and regulations (PCI KYC KYB AML).
Strong writing skills and the ability to communicate information about complex regulatory issues to stakeholders in a clear and easy to understand way.
Proficiency in Microsoft Office Suite (especially Excel) for data analysis and reporting
Ability to effectively thrive in a rapid-paced working environment with tight deadlines.
Team-focused positive attitude and good sense of humor.

Required Experience:

Full-timeDescriptionThe Risk Analyst I is responsible for daily exception-based monitoring and review of incoming merchant account requests via a ticketing system. These duties ensure current and accurate merchant information is updated and assist in fraud and loss prevention. As part of a larger te...

Full-time

Description

Key Responsibilities & Objectives

Conduct transactional and behavioral analysis of merchant activity to identify trends variations patterns and insights relating to the identification of suspicious or anomalous activity.
Monitor merchant activity through exception reporting for current transaction activity as well as historical behavioral monitoring for risk related to chargebacks fraud or settlement rejects.
Analyze credit processing history bank statements and business model obtained during underwriting and/or periodic reviews to identify risks.
Ongoing credit risk monitoring using third-party tools to mitigate risk.
Update merchant parameters to reflect acceptable performance patterns and field inbound requests through direct support and/or partner/merchant communications.
Maintain records of risk investigations actions and relevant communications related to risk inquires.
Participate in process creation policy/procedure creation and maintenance and reporting to management.
Participate in team meetings risk assessments and other development activities.
Maintain responsibility for follow-up requests for post-underwriting review.
Work closely with cross functional departments with risk related issues in day-to-day operations.
Other duties as assigned

Requirements

Prior experience is not required but any experience in risk management financial services payment industry or related fields is a plus.
Experience in basic risk management and risk assessment functions including creation and maintenance of controls supporting loss prevention or recovery.
Knowledge of industry standards and regulations (PCI KYC KYB AML).
Strong writing skills and the ability to communicate information about complex regulatory issues to stakeholders in a clear and easy to understand way.
Proficiency in Microsoft Office Suite (especially Excel) for data analysis and reporting
Ability to effectively thrive in a rapid-paced working environment with tight deadlines.
Team-focused positive attitude and good sense of humor.

Required Experience: