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Underwriting and Scheme Risk Analyst
2 months ago
About the Role
We are seeking a highly skilled and detail-oriented Underwriting and Scheme Risk Analyst to join our team at Checkout Group. As an Underwriting and Scheme Risk Analyst, you will play a critical role in ensuring the efficient analysis and underwriting of assigned cases within Service Level Agreements (SLAs).
Key Responsibilities
- Conduct thorough business model analysis in line with existing guidance and perform basic financial analysis to identify potential risks.
- Ask relevant questions to merchants and conduct underwriting of recommendations in line with existing frameworks and as per assigned approval authority.
- Escalate cases outside of approval authority to senior team members.
- Conduct reliable and detailed merchant research using various internal and external tools to identify potential scheme violations.
- Propose appropriate actions to resolve issues and ensure compliance with payment scheme rules.
- Assist in drafting internal guidance and propose solutions to improve internal policy and processes.
- Work closely with multiple stakeholders, including Risk, Commercial, Legal, and Product teams, to review merchant setups and propose required actions.
Requirements
- Ability to interpret and analyze financial statements.
- Bachelor's degree in Finance, Economics, or Business Studies with a good grade.
- Basic understanding of the payments industry and willingness to learn complex payment terminology.
- 1-3 years of experience in the payments industry would be an advantage.
- Strong written and verbal communication skills, with the ability to present findings in a clear and concise manner.
- Passionate about the industry and committed to delivering high-quality results.
What We Offer
At Checkout Group, we believe in equal opportunities and creating a diverse and inclusive work environment. We offer a range of benefits, including professional development opportunities, flexible working arrangements, and a competitive salary and benefits package.