Echelon Payments · 2 hours ago
Sr Risk Analyst
Melville, NY
Full-time
Onsite
Senior Level
5+ years expEchelon Payments is a trusted leader in payment processing and merchant services, dedicated to providing integrated payment solutions. The Sr. Risk Analyst will be responsible for assessing and mitigating risks associated with merchant applications and existing accounts, collaborating with various departments to ensure compliance and effective risk management practices.
Financial Services
Responsibilities
Identify and evaluate many types of risk, including financial, operational, and regulatory risks. Conduct regular risk assessments to understand potential impacts on the business
Analyze complex data sets, trends, and key performance indicators to provide insights into risk exposure. Prepare detailed risk reports and recommendations for senior management
Collaborate with internal teams to design, implement, and monitor risk mitigation strategies and ensure compliance with risk management policies and procedures
Continuously monitor risk indicators and identify emerging threats or changes in the risk landscape. Ensure timely identification and reporting of new risks
Work closely with departments such as finance, operations, compliance, and legal to ensure a comprehensive approach to risk management
Stay updated on industry regulations, laws, and best practices related to risk management. Ensure the company adheres to relevant regulatory frameworks
Contribute to the development and enhancement of risk management policies, and procedures to align with industry best practices
Conduct annual and periodic reviews in accordance with risk management and bank policies to ensure compliance with regulatory requirements and alignment with organizational objectives
Assess and monitor risk exposure related to third-party vendors, including platforms such as G2 and LegitScript
Qualification
Required
Proficiency in risk management software, Microsoft Excel (advanced), and data analysis tools
Knowledge of statistical analysis and modeling techniques is highly desirable
Strong ability to analyze data, identify trends, and generate actionable insights
Excellent attention to detail and a keen ability to assess potential risks from multiple angles
Strong written and verbal communication skills with the ability to present complex information clearly and effectively to stakeholders
Strong critical thinking and problem-solving abilities, with the ability to make informed decisions under pressure
Bachelor's degree in finance, Economics, Business, Risk Management, or a related field
Minimum of 5 years of experience in risk analysis or a related field
Benefits
Comprehensive benefits, including medical, vision, and dental.
Paid time off
401K with company match
Opportunity for growth
Paid holidays
Employee Assistance Program
Company
Echelon Payments
Echelon Payment Solutions Group Built by sales partners, for sales partners—merchant by merchant.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Brent Rose
CEO
Michael Cohen
CEO of UA Merchant Svcs; ISO
Company data provided by crunchbase