Risk Analyst

Job Description
Join our XplorPayvertical as a Risk Analystto make a real impact every day. We say that because we know that every conversation we have, every code line we write and every interface we design is another opportunity for us to enrich our customers’ experiences.
Reporting into the Director of Risk, you will help us with the daily monitoring of merchant processing activity, as well as, conducting investigations of suspicious merchant activity that may be related to merchant(s) processing outside of or not as approved parameters. The Risk Analyst is responsible for evaluating patterns in merchant processing activity and researching against internal and external information sources that help inevaluating andidentifying potentially suspicious merchant or card holder issues.
Some of the other responsibilities include:
Review system and department generated reporting that support in identifying potential processing issues to help mitigate potential company losses.
Answering incoming and making outgoing calls to customer base in a professional courteous manner;
log and notate customerinteraction;
follow-up on customer inquiries and research;
review faxed and emailed request and inquiries.
Read and interpret business and financial documents.
Analyze merchant account activity alerts generated by automated monitoring systems inorder to identify suspicious transaction or processing issues
Verbal or written communication with merchants and issuing banks necessary to make notifications or gather information to manage appropriate action to resolve an issue
Complete assigned unit duties that include reporting, reviewing or process to take action
Ability to multi-task, handle escalated calls and negotiate a resolution;
recommend process improvements and work on special projects.
Work with multiple computer systems while on the phone with merchants or during investigation
Handle and address escalated calls and/or issues as they relate to risk concerns
Ability to understand and explain merchant contract terms and conditions, as well as, Visa/MC Operating Regulations
Perform other related duties as assigned by management
- The average base salary pay range for this position is $50,000 to $60,000
- May be considered for a discretionary annual bonus