Enhanced Due Diligence Analyst

Summary

Join Finix, a full-stack acquirer processor, as an Enhanced Due Diligence Underwriter to manage underwriting for high-risk verticals. You will create and own the Enhanced Due Diligence of high-risk clients, partner with account management, seek compliance requirements from banks and card brands, communicate requirements to potential customers, and work with various teams on customer onboarding. This role requires proactive engagement, strong communication skills, keen attention to detail, and the ability to manage multiple projects. Prior payments experience, 3+ years in Enhanced Due Diligence or Underwriting, and knowledge of regulatory compliance are essential. Finix offers a remote position with a base salary range of $75,000 to $100,000 per year, plus equity and benefits.

Requirements

• Prior payments experience at a processor, payment facilitator, or FinTech specializing in money movement
• 3+ years of experience in Enhanced Due Diligence or Underwriting
• A talent for analyzing industry requirements as set by the sponsor bank to determine whether or not Finix can do business with a variety of customers
• Knowledge of industry standard regulatory compliance and ability to build a program to ensure potential customers meet these requirements
• Customer-facing experience
• Ability to work cross-functionally with a variety of teams such as Risk, Compliance, Underwriting, and Account Management

Responsibilities

• Create and own the Enhanced Due Diligence of high-risk clients and industries including building out an Enhanced Due Diligence Program for high-risk verticals including debt collection, accounts receivable management, marketplace, digital wallets, subscription services, Nutraceuticals and others as needed
• Partner with Account Management within high-risk verticals to determine if we can onboard clients within these verticals while adhering to vertical EDD and AML program requirements
• Seek and clarify compliance requirements from sponsor banks and card brands, reviewing these with POPs and Compliance
• Once EDD programs are solidified, work with Sales and communicate requirements to potential customers
• Work closely with Underwriting, Compliance, and Legal on any potential customer onboarding

Preferred Qualifications

• Proactive and enthusiastic to build an Enhanced Due Diligence program
• Excited to research rules & regulations to ensure our interpretation and operationalization is within Finix's risk tolerance
• Able to communicate with technical and non-technical teams, translating complex concepts between the two and ensuring alignment between them
• Keenly attuned to details, ensuring nothing is overlooked when defining & assessing risk
• Organized and able to manage multiple projects simultaneously, against deadlines and within budget
• Confident in your abilities but eager to learn and expand your knowledge

Benefits

• Equity
• Benefits