Senior Associate, Shift4
Risk
Commerce-enabling technology
Job no longer available
Commerce-enabling technology
1001+ employees
Job no longer available
1001+ employees
Company mission
To power commerce through our bold and determined spirit, and deliver the most trusted, comprehensive commerce experience.
Role
Who you are
- Experience operating within the risk sector of Fintech or Merchant acquiring environment
- Deep technical familiarity with Visa and Mastercard rules, specifically regarding risk registration programs
- Proven ability to analyze complex corporate structures and financial statements to assess credit and fraud risk
- Proficiency in CRM tools, Excel and other operational and reporting tools
- Clear communication and stakeholder management abilities
- Detail-oriented, analytical, and adaptable in a fast-paced environment
What the job involves
- As a Risk Senior Associate, you will be the primary gatekeeper for our most complex and risk merchant portfolios
- You will assess new and existing brand risk applications to identify regulatory, reputational, and financial risks
- This role involves applying card scheme rules, monitoring ongoing activity, analyzing financials and preparing reports for stakeholders
- The position requires cross-functional collaboration to mitigate risk, ensure compliance, and support process improvements across the business
- Conduct deep-dive assessments of brand risk applications (e.g., Gaming, Crypto, Adult) to identify regulatory, reputational, and financial exposure
- 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 business models and financial position through proper financial statement analysis to identify potential risks and escalate issues appropriately
- 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
Our take
An industry leader in integrated payment processing, Shift4 serves markets across North America, Europe and Asia. Its fintech solutions simplify complex payment ecosystems and power billions of transactions a year across many industries.
With hundreds of thousands of customers, Shift4 has developed hundreds of payment methods and processes a staggering $260 billion annually. Its clients include a large number of professional sports teams globally, as well as colleges and entertainment venues.
Interestingly for a company so far-reaching, the 1994-founded Shift4 only opened its stock with an IPO in 2020. Since then, it has established partnerships with companies such as the Minnesota Vikings American football team and software point-of-sale company Ingenico. This exemplifies the diversity of Shift4’s impressive client base.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (1 round)
Aug 2000
$7.3m
EARLY VC
Total funding: $7.3m
Company benefits
- Opportunities for career growth, skill-building, and advancement
- Wellness programs, including mental health resources
- Happy hours, office celebrations, and well-being initiatives
- Paid time off for relaxation and quality time with loved ones
- Various paid leave programs, including sick leave, parental leave, and more to support life's important moments
- Flexible work schedules empower you to manage your commitments effectively
- Employee-nominated "Top Gun Program" to recognize exceptional individuals
Company HQ
Center Valley, PA
Leadership
D. Taylor Lauber
(CEO)Formerly Principal at The Blackstone Group, Executive Relationship Manager at Merrill Lynch, Director of Technology at Lois Schneider Realtor and Project Manager at United Bank Card.
Share this job
View 26 more jobs at Shift4