Risk Manager

October 4

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Maverick Payments

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Point-of-Sale Equipment, Terminals & Software • Credit Card Acceptance • Check & ACH Processing • Merchant Services • Credit Card Processing

51 - 200

Description

• Under the direction of the Associate Director of Risk & Underwriting, the Risk Manager is responsible for compliance-related functions as it relates to Maverick’s portfolio, drafting and implementing compliance policies and procedures for Maverick and its sponsor banks, audits, and other key tasks associated with overall compliance. • Directing review of merchant activity for increased credit risk, transactional variations, dispute activity, and fraud patterns. • Assisting with tasks related to Risk Management / loss prevention and other duties as assigned by the AVP Risk. • Advising on policy and procedure enhancements to enhance Risk function throughout the Company. • Manage reporting required by Sponsor Banks, key departments, and as needed on an ad hoc basis. • Respond to Risk related inquiries from internal and external parties, including staff, resellers, partners, regulatory agencies and law enforcement. • Investigate & resolve potential violations and recommend appropriate corrective policy/procedure changes. • Cross-departmental assistance on an as needed basis for abnormal processing patterns and recommend appropriate mitigation, including underwriting and risk teams. • Stay informed about changes in laws, regulations, card brand rules and industry standards that could impact the organization’s compliance obligations. • Planning and directing the work of Department employees using independent judgment within Company parameters. • Coordinating hiring, training, and performance management for Risk Department personnel. • Assigning Department personnel to investigate abnormal processing patterns and recommend appropriate mitigation. • Overseeing investigations into abnormal customer activity and recommendation and implementation of appropriate mitigation. • Provide white-glove support to key reseller partners and merchants. • Work closely with the Risk Executives as it relates to Maverick’s overall strategy for loss prevention and risk mitigation. • Acting as an escalation point to resolve unique and/or complex business development and risk issues that do not have standardized solution. • Personally, performs the more sensitive and complex risk and underwriting functions for more complex or significant cases using independent judgment and within company's standards.

Requirements

• 5-10 years prior experience in Risk Management within acquiring industry. • Previous experience in leadership capacity. • Associate or bachelor’s degree in a relevant field a plus. • Extensive knowledge of all Microsoft Office products, with a concentration in excel. • Knowledge of all Card Brand rules and regulations and ability to interpret. • Analyzing, testing, assessing and / or interpreting information or data provided by Dev group to make recommendations to enhance business operations. • Understanding of various and complex verticals and associated risks. • Familiarity with various Risk Management tools including, without limitation, TSYS, Merlink, E-connections, G2, Legit Script, MasterCard Connect, Aperia etc. • Ability to effectively communicate ideas, thoughts, and facts in writing and otherwise. • Understanding of emerging technologies and trends in the payments space. • Ability to support, promote, and ensure alignment with the organization's vision and values. • Ability to understand how an organization must change in light of internal and external trends and influences.

Benefits

• Competitive Salary, Bonuses and Incentives. • Comprehensive employer sponsored health, vision, and dental insurance programs. • Paid time off, Paid Sick and Paid Holidays. • 401K plan with up to a 3% matching contribution. • Commitment to Career Development and Advancement. • Employee Recognition Programs. • Vibrant Office Culture, Team Building, Birthdays, Work Anniversaries, Snacks, and more!