Payarc · 6 hours ago
Risk Analyst
Greenwich, CT
Full-time
Onsite
New Grad, Entry Level
0+ years expPayarc is a technology-driven company focused on empowering organizations through innovative payment processing solutions. The Risk Analyst role involves reviewing and analyzing financials and credit of merchant accounts, monitoring for fraud and credit risk exposure, and collaborating with various departments to ensure compliance and manage risk effectively.
Financial ExchangesFinancial ServicesOnline PortalsSoftwareTransaction Processing
Responsibilities
Responsible for the daily, weekly and monthly exception monitoring of Merchant Acquiring Accounts
Individual is responsible for financial analysis of prospective merchant accounts in accordance with the Merchant Services Policy and Card Brand regulations
Developing mitigation strategies and collateral structures to mitigate risk
Periodically review existing merchants to ensure compliance with Financial Guidelines and risk standards
Works closely with risk staff, underwriters, and client liaisons to manage risk perceptions on accounts, communicate information obtained about activity and facilitate resolutions
Communicate merchant account changes decisions effectively in both verbal and written communication
Responsible for establishing and maintaining relationships with assigned clients
Providing ongoing education and guidance to clients regarding risk mitigation strategies
Provide operational assistance as needed with changes in customer’s limits, merchant accounts changes and terminations
Collaborate with various departments throughout the organization to improve the quality of tasks and procedures
Adhere to Payarc’s compliance procedures and internal/operational risk controls in accordance with any applicable bank or card brand regulatory standard, requirements, and policies
Ensures Payarc’s internal controls are documented appropriately and effectively
Identify and trace any suspicious activities or high-risk transactions
Analyze credit and financial statements
Credit authority of $75,000
Other duties as assigned
Qualification
Required
6+ months of relevant experience
Advanced computer skills and proficient in Microsoft Office
Possess knowledge of the acquiring business with respect to industry trends, business risk factors, merchant signing requirements and other operational procedures associated with booking merchants
Detail oriented and must have the ability to prioritize all tasks appropriately
Sense of ownership and pride in your performance and its impact on company's success
Team player
Strong technical aptitude and willingness to learn
Strong interpersonal skills for interacting effectively with key internal and external contacts
Excellent analytical skills, strong attention to detail
Judgement and resourcefulness to solve problems independently
Able to make real-time decisions
Preferred
Risk mitigation experience preferred
Experience underwriting merchant services accounts preferred
Bachelor's degree preferred
Company
Payarc
PayArc provides payment processing solutions to all types and sizes of merchants.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknownKey Investors
Bregal Sagemount
2022-04-12Series A
Leadership Team
Zachary Martinez
CEO
Recent News
EIN Presswire
2025-09-23
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2025-08-25
2025-08-13
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