Acquirers, High Risk, Payments
The demand for a good payment provider and acquirer is ever growing. I currently have 2 clients seeking (multiple) very experienced Underwriters and Credit Risk Analysts. To cope with their fast growing merchant portfolio which spans across a number of low and high risk verticals. One of the organisations focusses solely on acquiring and is one of the youngest in this space. The other is a PSP turned acquirer who has been on the market a similar time and also experienced quick success in offering a plethora of impressive products. There is high expectations for both companies in 2018 and with that there is increasing interest from investors … watch this space.
Both clients have established Underwriting and Credit Risk Analyst teams and, on regular occasions, the teams engage closely with one another - understandable. Therefore ideally, the chosen candidates would have experience in both Underwriting (pre merchant approval) and Credit Risk Analyst (ongoing analysis of existing merchants). Here the main task is to cope with the increasing number of merchant applications and this means streamlining on boarding and monitoring activities to become the most efficient they can be. The role will involve you to:
Find ways to make processes more efficient when it comes to on boarding and monitoringAct as a barrier to entry by thoroughly verifying new prospects KYC and Customer Due Diligence (CDD)Take an in-depth look into the financials of new and existing merchantsEnsure that reserves are inline with agreements on existing merchantsProvide support to the wider internal business (C-level, Commercial heads), enabling them to understand the past, current and potential future of new and existing merchantsUnderstand Card scheme rules and regulations and verify that merchants are behaving inline
Must speak English
Have previous experience in an Acquirer
Underwritten High and Low Risk merchants