Risk, Sr Associate at Shift5

Valletta, Malta

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Payments, FinTechIndustries

Requirements

At least two years’ experience operating within the high-risk sector of acquiring
Solid knowledge of card scheme rules and payments regulations
Strong financial analysis and risk assessment skills
Proficiency in Excel and reporting tools
Clear communication and stakeholder management abilities
Detail-oriented, analytical, and adaptable in a fast-paced environment

Responsibilities

Review of new, high-brand risk applications with the objective of identifying the financial and regulatory risks the company may be exposed to
Working closely with the underwriting officers to get an overall view of a merchant application
Ongoing reviews of merchant accounts to ensure processing is still in line with expectations
Demonstrate a clear understanding of card scheme rules, with an ability to apply said rules during a risk assessment
Raise suspicious activity reports with both our UK and EU MLRO
Liaise with merchants during scheme investigations
Assess merchant’s financial position through proper financial statement analysis
Setting merchant collateral to mitigate financial risk
Regular liaison with various departments to understand and explain the risk exposed by new and existing merchants
Preparation of regular reports for internal and external stakeholders
Maintain and adjust Risk Assessments in line with both the Customer Acceptance Policy and Risk Appetite Policy of the company
Developing new monitoring structures to identify concerning activity in both the merchant’s and portfolio’s performance
Preparation of visual monthly reports to facilitate the explanation of Risk findings
Take necessary measures to minimize the risk exposure of the company as guided by senior management
Keep abreast of the latest updates in the various card scheme rules and regulations
Maintaining ongoing relationships with the various stakeholders and keeping them up-to-date with any updates within the risk framework of the company
Liaise with other departments in view of making existing processes more efficient whilst constantly looking for new and improved ways to streamline processes and workloads
Any ad hoc duties as requested by management

Skills

Risk Assessment

Merchant Underwriting

Financial Statement Analysis

Card Scheme Rules

Suspicious Activity Reporting

Compliance Monitoring

Report Preparation

Data Visualization

Shift5

Observability platform for operational technology

About Shift5

Shift5 offers an observability platform that focuses on cybersecurity and data analytics for operational technology (OT) in defense and transportation sectors. The platform collects and analyzes data from onboard systems, such as buses and weapon systems, and is protocol-agnostic, allowing it to adapt to various data communication protocols. By providing real-time insights, Shift5 helps clients improve safety, maintenance scheduling, and threat detection. The company's goal is to enable better decision-making to enhance the reliability and performance of their fleets.

Kansas City, MissouriHeadquarters

2019Year Founded

$104.1MTotal Funding

SERIES_BCompany Stage

Data & Analytics, CybersecurityIndustries

51-200Employees