At a Glance
- Tasks: Assess and manage risks for high-brand merchant applications in a dynamic environment.
- Company: Shift4, a leader in commerce-enabling technology, transforming payment ecosystems.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Fast-paced role with excellent career advancement opportunities.
- Why this job: Join a forward-thinking team and make a real impact on risk management.
- Qualifications: 3+ years in high-risk sectors, strong financial analysis skills, and knowledge of card scheme rules.
The predicted salary is between 36000 - 60000 € per year.
Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. For more information, visit www.shift4.com.
The Risk, Sr Associate will assess new and existing merchant 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.
Responsibilities will include:
- Review of new, high-brand risk applications with the objective of identifying the financial and regulatory risks the company may be exposed to.
- 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 financial position through proper financial statement analysis.
- 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.
The ideal candidate will bring:
- At least three years' experience operating within the high-risk sector of acquiring.
- Solid knowledge of card scheme rules and payments regulations.
- Strong financial analysis and risk assessment skills.
- Proficiency in Excel and reporting tools.
- Clear communication and stakeholder management abilities.
- Detail-oriented, analytical, and adaptable in a fast-paced environment.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.
Risk, Sr Associate - High-Risk Portfolio Management (UK) in London employer: Shift4 Europe (formerly Finaro)
At Shift4, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of the UK. Our commitment to employee growth is evident through continuous training opportunities and a supportive environment that encourages professional development. With competitive benefits and a focus on work-life balance, we empower our team members to thrive while making a meaningful impact in the evolving landscape of commerce technology.
Contact Detail:
Shift4 Europe (formerly Finaro) Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Risk, Sr Associate - High-Risk Portfolio Management (UK) in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms. This will help you get comfortable with common questions and refine your answers, making you more confident when it counts.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Risk, Sr Associate - High-Risk Portfolio Management (UK) in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Risk, Sr Associate role. Highlight your experience in high-risk sectors and your understanding of card scheme rules. We want to see how your skills align with what we're looking for!
Show Off Your Financial Skills:Since this role involves financial analysis, don’t shy away from showcasing your expertise in this area. Include specific examples of how you've assessed financial risks in previous roles. We love numbers, so make them count!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon unless it's relevant. We appreciate a well-structured application that gets straight to the heart of your qualifications.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at Shift4 Europe (formerly Finaro)
✨Know Your Risk Regulations
Make sure you brush up on the latest card scheme rules and regulations before your interview. Being able to discuss these confidently will show that you're not just familiar with the basics, but that you’re proactive about staying informed in a fast-paced environment.
✨Showcase Your Financial Analysis Skills
Prepare to discuss your experience with financial statement analysis. Bring examples of how you've assessed financial risks in previous roles, and be ready to explain your thought process. This will demonstrate your analytical skills and your ability to make informed decisions.
✨Communicate Clearly
Since this role involves liaising with various stakeholders, practice articulating your thoughts clearly and concisely. You might even want to do a mock interview with a friend to refine your communication style and ensure you can convey complex information effectively.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to risk assessment and management. Think through potential scenarios you might face in the role and how you would handle them. This will help you demonstrate your problem-solving abilities and your understanding of the company's risk appetite.
