Remote Payments Underwriting and Fraud Analyst

Summary

Join Finix as a Risk Analyst to underwrite and onboard quality Software as a Service (SaaS) Companies, Marketplaces, and merchants. You will review onboarding materials, work with clients to resolve KYB/KYC/OFAC issues, and detect fraudulent behavior.

Requirements

• 2+ years of experience in a Risk analyst role
• Direct experience underwriting merchants in the payments industry as a payment processor or PayFac
• Experience with high-risk verticals is a plus, but not required
• Extensive fraud prevention skills
• Excellent problem-solving skills, with a strong emphasis on the development of frameworks and processes that can be scaled and/or automated
• Tenacity and a willingness to achieve goals and make deadlines
• Strong sense of integrity with an ability to work within fuzzy or ambiguous boundaries

Responsibilities

• Review onboarding materials for various business types in accordance with the Finix Underwriting Policy and Procedures aligned to law, regulations, Sponsor Bank, Card Network, and NACHA guidelines
• Work with client or customer delivery to resolve any KYB / KYC / OFAC issues by obtaining documentation or proof that clears the flags. Evaluate the business for risk and determine the level of reserves, if any, required
• Review live transactions and spikes in behavior to detect and close down fraudulent behavior
• Review transaction monitoring reports daily, looking for questionable transactions and trends that require further research
• Manage client transaction limits and velocity thresholds and suspicious activity triggers