Full-Time

Jr. Risk Associate

Updated on 12/4/2024

Bottom Line

Bottom Line

5,001-10,000 employees

Digital banking and payments automation platform

Enterprise Software
Fintech
Financial Services

Entry, Junior

Portsmouth, NH, USA

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 0-1 year of professional experience in a position reviewing and analyzing sensitive information (ideally financial)
  • Effective communication (verbal/written) and customer service skills
  • Adaptable self-starter with the ability to work independently as well as part of a team
  • Detail-oriented, organized, and able to work well under pressure with a sense of urgency
  • Experienced computer skills and proficient with Microsoft Office software
  • A curious puzzle solver with analytical, research, and problem-solving skills
  • Experience working in Banking, AML (Anti Money Laundering), Fraud, KYC (Know Your Customer) Due Diligence, on-boarding commercial clients, reviewing various business documentation highly preferred
  • Experience with LexisNexis is preferred, but not required
  • High School Diploma or GED required; Bachelor’s Degree in Criminal Justice, Criminology, Law, Accounting, Business, or similar course of study preferred (Not Required).
Responsibilities
  • Review and authenticate data elements of a Paymode Network application for B2B (Business-to-Business) Vendors to accept future payments through Paymode and continuously grow the network
  • Process digital payment applications: ensuring information is complete and accurate, and working with customers (via phone and email) to obtain missing information
  • Analyze data elements for discrepancies and red flags for potential counterfeit instruments
  • Investigate suspicious activity to mitigate risk and identify fraudulent schemes such as account takeover attempts and business identity theft
  • Utilize web research and 3rd Party data tools/APIs to validate and investigate discrepancies in new customer information to mitigate risk
  • Promote a risk-aware culture; ensure efficient and effective risk and anti-fraud practices by adhering to required policies and procedures
  • Interact with various levels of Leadership to clarify requirements and collaborate on process improvements

Bottomline Technologies operates in the financial technology sector, providing a digital banking and payments platform that helps businesses and financial institutions automate and streamline their payment processes. Their solutions include automating accounts payable cycles, managing financial messaging flows, and creating intelligent engagement platforms for banks. They also offer risk management tools to identify and mitigate internal and external threats, ensuring compliance and reducing complexity. Additionally, Bottomline provides Swift services for secure global financial transactions. Their business model is based on software-as-a-service (SaaS), generating revenue through subscription fees and service charges. The company's goal is to transform business payments and processes, making them simple, smart, and secure, with a strong focus on customer success.

Company Stage

IPO

Total Funding

$11M

Headquarters

Portsmouth, New Hampshire

Founded

1989

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital payment solutions boosts Bottomline's market potential.
  • Strategic partnerships, like with Ecliptic, enhance Bottomline's industry positioning.
  • Recognition in SPARK Matrix highlights Bottomline's strength in risk management solutions.

What critics are saying

  • Sophisticated cyber threats pose significant risks to Bottomline's operations.
  • Integration with Jaggaer's B2B solution may face operational challenges.

What makes Bottom Line unique

  • Bottomline offers comprehensive digital banking and payments platforms for diverse clients.
  • The company provides risk management solutions to protect against internal and external threats.
  • Bottomline's SaaS model generates revenue through subscription fees and service charges.

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