Note: The job is a remote job and is open to candidates in USA. Axiom Bank is a growing banking organization seeking a Merchant Risk & Compliance Analyst to support its BIN sponsorship and merchant acquiring program. The role conducts merchant underwriting, monitors transaction and portfolio risk, enforces MCC and merchant category policies, analyzes chargebacks, and escalates high-risk activity.
Responsibilities
- Conduct merchant credit and risk underwriting reviews for sponsored acquiring programs ; evaluate merchant business models, financial condition, and fraud exposure
- Administer ongoing merchant portfolio monitoring, including daily transaction activity surveillance, chargeback ratio analysis, and fraud trend review
- Ensure proper Merchant Category Code (MCC) assignment across the portfolio and enforce prohibited and restricted merchant category policies
- Monitor chargeback activity against Visa Dispute Monitoring Program (VDMP) and Mastercard Excessive Chargeback Program (ECP) thresholds; flag accounts nearing penalty thresholds for management review
- Identify and escalate high-risk applications, exposure concentrations, or unusual volume patterns to the Senior Manager
Skills
- Associate degree in Business or related field or equivalent work experience
- Minimum 3 years of experience in merchant acquiring risk, payments fraud, or bank operational risk
- Working knowledge of merchant underwriting standards, transaction monitoring, and chargeback analysis
- Background in ecommerce risk management and understanding new verticals such as Nutraceuticals, AI, High Risk Industries (CBD, Gambling) etc
- Familiarity with proper MCC assignment and high-risk merchant business models
- Strong analytical skills with a data-driven approach to identifying payment anomalies
- Ability to strictly follow established underwriting criteria and risk rating frameworks
- This position may be performed remotely or in a hybrid work arrangement, depending on business needs
- Employees are expected to work Monday through Friday during regular business hours, with occasional evening or weekend work as needed
- We will consider candidates residing in the following states: Florida, Alabama, Arkansas, Arizona, California, Delaware, Georgia, Massachusetts, Michigan, Ohio, Oregon, South Carolina, North Carolina, New Jersey, New York, Maryland, Tennessee, Minnesota, Virginia, Pennsylvania, Utah, and Texas
- Prior banking and compliance experience preferred
Benefits
- 12 Paid Holidays
- Generous Paid Time Off
- 4% Match on our 401(k)
- Medical, Dental and Vision Benefits
- 100% Company Paid Life, AD&D Insurance, Short and Long Term Disability
- This position may be performed remotely or in a hybrid work arrangement, depending on business needs.
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