Financial Risk Analyst

Are you ready to go uP? 

• We are named in Top Workplaces NYC for 2021, 2024, and 2026!
• We are one of the winners of USPAACC’s Fast 100 Asian American Business awards
• We are recognized as one of the Top 5000 in Inc. Magazine’s Fastest Growing Private Companies
• We were a finalist for Best ISO of the Year by ETA in 2024
• We were awarded as a Growth Accelerator on the CO-100, an exclusive list that the U.S. Chamber of Commerce recognizes as America's top 100 small and medium sized businesses

Want to learn more about our company events?
Click here: Universal Processing Company Events 

Why Should You Join Universal Processing?

• You want to work at a minority owned Fintech company that empowers small to medium-sized businesses
• You are passionate to serve and support our local community and their growth
• You get on-the-job training to get you familiar with the industry and the role
• You get medical, vision, and dental coverage, generous PTO, 401k
• We offer periodic performance review for potential salary increase

Compensation: This is a non-exempt position -  $99,882/yr.
 

Role Summary

The Financial Risk Analyst is responsible for identifying, assessing, and mitigating financial and fraud risks across merchant accounts through transaction monitoring, risk analysis, and ongoing portfolio management. The role also supports merchant underwriting, recommends risk mitigation strategies, and leverages data analytics and AI-driven tools to strengthen risk controls and operational efficiency.

Job Responsibilities

• Identify, assess, and mitigate risks related to merchant accounts, transactional behavior, and potential fraud.

• Support the underwriting team by evaluating new merchant applications and assisting with risk-based decision-making during the onboarding process.

• Monitor daily merchant processing activity for suspicious behavior, anomalies, and potential fraud indicators.

• Analyze transaction trends, chargebacks, reserves, and credit exposure to assess and manage ongoing risk.

• Conduct reviews and investigations of high-risk merchants, including those flagged in MATCH/TMF or associated with card brand violations.

• Assist the underwriting team in evaluating new merchant applications by assessing risk exposure based on business models, financials, processing volume, and industry type.

• Help structure deals by recommending appropriate reserve levels, rolling reserves, or processing limits.

• Review supporting documentation, including bank statements, processing statements, financials, and business models, to assess risk at onboarding and during merchant lifecycle reviews.

• Collaborate with Underwriting, Compliance, Legal, and Account Management teams on complex merchant approvals or escalations.

• Recommend mitigation strategies such as account holds, reserve changes, or termination of high-risk merchants.

• Prepare reports and presentations for internal stakeholders and regulators on portfolio risk exposure and trends.

• Contribute to the enhancement of internal risk models, monitoring tools, and underwriting guidelines.

• Stay informed on card brand rules (Visa, Mastercard), industry regulations, and emerging fraud trends.

• Leverage AI tools and data-driven technologies to enhance productivity, risk assessment, fraud detection, operational efficiency, and continuous process improvement.

Qualifications:

• Must be authorized to work in the US at the time of hire. We are an E-Verify employer!
• Strong communication skills, critical thinking, detail-oriented, and analytical abilities.

• Must have a Bachelor’s degree in Risk Management, Finance, a closely related field, or foreign equivalent.

• Must have at least 2 years of experience as a Financial Risk Analyst, Credit Analyst, or in a related position.

• Must have demonstrated experience in risk analysis and modeling.

About uP:
Since 2003, Universal Processing has dedicated itself to growing the unique needs of small and medium-sized businesses by putting people before profits. Differentiated from the major credit card processing providers, UP’s consultants and support team speak the languages its clients speak, and the business focuses on ingenious customer service, care, support, and reasonable pricing. Today, the Company successfully serves 22,000 clients across the nation. Within 10 years of business, the Company emerged as one of the fastest-growing payments processing companies in the U.S. Nominated as the best ISO of 2024 by ETA and awarded as a Growth Accelerator in CO-100, the Company is soon to become the second AAPI owned payment processor company in US history. In February 2024, Universal Processing changed its branding to Let’s Go uP, to commemorate its legacy and evolution.

At Let’s Go uP, we are an equal employment opportunity employer. 

To learn more about us, please visit us at: https://letsgoup.com. 

Let's Go uP Together!