Job Description
Note:
The job is a remote job and is open to candidates in USA. NMI is a company focused on empowering partners with innovative payment solutions. As a Risk and Underwriting Analyst, you will support the risk management program by monitoring and resolving risk-related issues while ensuring compliance in payment operations. Responsibilities Review merchant transaction details and make decisions based on parameters as well as processing activity (i.e. merchant's average ticket, month-to-date volume vs expected volume, invalid authorizations, ACH returns, and chargebacks) Review daily monitoring reports (i.e.
chargeback, retrieval and next day funding summary reports). Take appropriate action where appropriate to resolve chargeback related problems Recommend accounts for termination, as appropriate Investigate accounts to identify risks (i.e. fraudulent merchants, card testing, money laundering, account takeover, and other fraud or risk vectors) Review merchant exception reports and act on issues in accordance with procedures Perform periodic risk based merchant reviews Provide backup support to the underwriting team to assist in underwriting merchants when necessary Contact merchants and secure supporting documentation to support underwriting and/or risk management work, as needed Contribute to root cause analysis to identify opportunities to better predict, prevent, and mitigate risk within NMI’s existing process Assist with internal quality assurance reviews Support continuous monitoring efforts and processes to maintain compliance with NMI’s risk tolerance Help manage the portfolio by developing a deep understanding of risk across industries, geographies, and operating models Manage assignments of additional risk and underwriting related initiatives as assigned Skills High school degree or equivalent Minimum of 1 to 3 years of risk management experience in the financial services, FinTech and/or payments industry Experience applying critical thinking and problem solving; challenge the status quo to generate new ideas and take an open minded approach to situations Self-starter able to maintain a high level of accuracy in a high-speed environment Ability to maintain confidential customer & Company information in a responsible and secure manner Ability to work independently with minimal supervision Open to learn and adapt to ongoing changes and new processes Knowledge of risk schemes, risk prevention methods, and risk detection tools Experienced in risk analysis, identifying fraudulent trends, managing investigations and mitigating credit and/or risk losses Exercise sound judgment in assessing potential regulatory and reputational risks Exceptional written and verbal communication skills Associates and/or Bachelor's degree preferred Knowledge of Aperia, ScanX, Merchant Central, CBOS, and/or TSYS a plus Specific industry certification such as CAMS, ETA CPP, or CPFPP a plus Benefits Flex PTO Health, Dental and Vision Insurance 13 Paid Holidays Company volunteer days Company Overview NMI is a global leader in embedded payments, powering more than $200 billion in payment volumes every year.
It was founded in 1998, and is headquartered in Schaumburg, Illinois, US, with a workforce of 201-500 employees. Its website is