Full-Time

Finops Analyst I

Posted on 10/24/2024

Pathward

Pathward

501-1,000 employees

Financial services promoting inclusion and access

Fintech
Financial Services

Compensation Overview

$16.59 - $29.59Hourly

+ Performance-based incentive opportunity

Entry

United States

Hybrid remote-office company.

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Requirements
  • High School Diploma or equivalent
  • Typically requires less than one year of related experience.
Responsibilities
  • Understands the funding flow process.
  • Works with new and existing clients and processors to ensure programs conform to bank requirements regarding processing, funding, functionality, settlement, and reporting.
  • Opens and maintains bank and client owned accounts.
  • Analyzes account activity and reconcile accounts by utilizing processor and internally generated reports.
  • Identify outstanding account issues and research to determine the cause and appropriate resolution process.
  • Follows approved process and procedures of opening/closing DDA accounts.
  • Works the refund check and wind down process.
  • Other duties as assigned.

Pathward promotes financial inclusion for individuals and businesses by offering a variety of financial services. Operating in the fintech sector, it uses technology to enhance financial solutions. Pathward provides services such as Banking as a Service (BaaS), payment processing, credit solutions, tax solutions, and commercial finance options, catering to small and medium-sized businesses and individuals lacking access to traditional banking. Unlike many competitors, Pathward focuses on a purpose-driven approach, helping clients navigate their financial journeys despite economic challenges. The company generates revenue through fees, interest, and service charges from its tailored financial services, including working capital loans and insurance premium finance. Pathward's goal is to empower clients to achieve financial stability and growth.

Company Stage

IPO

Total Funding

N/A

Headquarters

Sioux Falls, South Dakota

Founded

1954

Simplify Jobs

Simplify's Take

What believers are saying

  • Pathward's partnership with TabaPay enhances its money movement capabilities.
  • The company is recognized as a Great Place To Work, boosting employee retention.
  • Pathward's expanded product suite attracts small and midsized banks.

What critics are saying

  • Increased competition from fintechs like Dash Solutions pressures Pathward to innovate.
  • Economic downturns may increase credit risk for Pathward's commercial finance solutions.
  • Reliance on partnerships like TabaPay could be risky if partners face issues.

What makes Pathward unique

  • Pathward offers a comprehensive suite for financial institutions, reducing third-party dependencies.
  • The company focuses on financial inclusion, serving unbanked and underbanked populations.
  • Pathward's Banking as a Service provides end-to-end solutions for fintech companies.

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