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Jack Henry · 1 day ago

Credit Risk Analyst II: Enterprise Payment Solutions

United States

Full-time

Remote

Entry, Mid Level

$43K/yr - $65K/yr

1+ years exp

Jack Henry is a technology company redefining how community banks and credit unions connect with the people they serve. The Credit Analyst for the Enterprise Payments Solutions team is essential to the success of the organization, responsible for processing merchant applications and recommending credit limits while ensuring compliance with regulations.

BankingEnterprise SoftwareFinancial Services

No H1B

Responsibilities

Processes merchant services applications; verifies business and credit information and recommends transaction velocity limits

Complies with KYC, OFAC, and BSA/AML rules and regulations

Monitors and communicates risk concerns to management

Interacts with regular and complex merchant clients, ISOs, VARs, Referral Banks, and the ODFI (Originating Depository Financial Institution) to carry out these responsibilities

Maintains client database to facilitate process flow, reporting, and analysis

Trains Credit Risk Analysts on risk management systems, processes, policies and procedures, and regulatory compliance

Assists with determining needed risk management system enhancements and serves as a resource for determining and validating proposed system enhancements

Monitors portfolio of existing merchant accounts for transaction risk, the decline in financial condition, and other derogatory indicators. Communicate concerns to management

Reviews and approves changes to merchant accounts, including but not limited to ownership changes, new bank accounts, locations, and modifying transaction velocity settings based on customer’s business needs and risk mitigation

May be required to interact with internal and external auditing groups to ensure risk and regulatory compliance

May perform other job duties as assigned

Qualification

Credit risk underwritingBSAAMLKYCOFACMerchant underwritingExperian Business ReportsMaster's degree in FinanceCFE CertificationCAMS Certification

Required

Minimum of 18 months of experience working in credit risk underwriting, merchant underwriting, OR commercial/credit lending analysis within a financial institution or payment services industry

Must have the flexibility and willingness to work outside of standard business hours as business needs dictate

Must be a self-starter who can add value by driving process-related decisions while working independently

Preferred

Master's degree in Finance, Accounting, or AAP, CFE, or CAMS Certification

Strong knowledge of BSA, AML, KYC, and OFAC

Familiar with Experian Business Reports, and/or LexisNexis

Proven Experience in merchant credit underwriting

Benefits

Comprehensive benefits designed to support your physical, mental, and financial health

Company

Jack Henry

Glassdoor3.8

Jack Henry (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens the connections between people and their financial institutions through technology and services that reduce the barriers to financial health.

Founded in 1976

Monett, Missouri, USA

5001-10000 employees