Company Description

Checkout.com is one of the most exciting fintechs in the world. Our mission is to enable businesses and their communities to thrive in the digital economy. We’re the strategic payments partner for some of the best-known fast-moving brands globally such as Wise, Hut Group, Sony Electronics, Homebase, Henkel, Klarna and many others. Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it's not just what we build that makes us different. It's how.

We empower passionate problem-solvers to collaborate, innovate and do their best work. That’s why we’re on the Forbes Cloud 100 list and a Great Place to Work accredited company. And we’re just getting started. We’re building diverse and inclusive teams around the world — because that’s how we create even better experiences for our merchants and our partners. And we need your help. Join us to build the digital economy of tomorrow.

Job Description

• Complete credit-focused periodic reviews on Checkout.com’s portfolio of Payment Facilitators, assessing the overall credit-worthiness of of the platform to support the risks associated with their sub-merchant activity 

• Work with the Director of Platform Underwriting to build a comprehensive audit framework for Checkout.com’s portfolio of Payment Facilitators 

• Collaborate with cross-functional risk teams (Financial Crimes Compliance, Schemes Compliance, Fraud & Risk Monitoring, Credit Portfolio Management, Legal & Regulatory) to understand and incorporate key considerations from each function in the Payfac audit program 

• Coordinate and facilitate annual cross-functional audits for the CKO’s portfolio of Payment Facilitators

• Prepare detailed oral and written summary regarding audit findings, issues, and mitigants to risks. Where applicable, prepare detailed remediation plans (including timelines) to be addressed by the platform

• Work with the Account Manager to deliver shadow underwriting results and monitor corrective actions identified throughout the course of the audit process

• In regions where Checkout.com works with a third party acquiring partner, prepare and deliver a summary of audit results

• Act as an approver for concurrence reviews (for Payfac onboarding & shadow underwriting) 

• Evaluate and concur on Payment Facilitators' requests for additional restricted lines of business, or sub-merchant falling outside of the Payfac's sole approval authority

• Assist the Director of Platform Underwriting with strategic initiatives tied to process creation/improvements and Integrated Platforms product enhancements

Qualifications

• 5+ years of merchant service work experience related to merchant underwriting or equivalent underwriting work

• Familiarity with the merchant processing industry, particularly risk and operational processes

• Expert business model assessment and identification of credit risk exposure

• Deep knowledge of financial statement analysis and analyzing credit exposure

• General knowledge of other risk disciplines (Financial Crimes Compliance, Schemes Compliance, Fraud & Risk Monitoring, Credit Portfolio Management, Legal & Regulatory)

• Solid written and verbal communication skills

• Ability to navigate complex, project-based work

• General knowledge of Checkout.com’s Integrated Platforms product offering

• Highly curious and thoughtful - a proactive self-starter with a sense of urgency in a fast paced environment and a desire to get to the source of anything even the least bit fishy

• A highly analytical team player who loves to evaluate different elements of risk

• Ability to exercise sound judgment and decision the work of others 

• Strong collaboration skills, and the ability to build rapport with direct teammates and members of other departments

• Bachelor’s Degree in Accounting, Finance, Economics, Statistics, Mathematics or equivalent experience required

Additional Information

Apply without meeting all requirements statement 

If you don't meet all the requirements but think you might still be right for the role, please apply anyway. We're always keen to speak to people who connect with our mission and values.

We believe in equal opportunities

We work as one team. Wherever you come from. However you identify. And whichever payment method you use. 

Our clients come from all over the world — and so do we. Hiring hard-working people and giving them a community to thrive in is critical to our success.

When you join our team, we’ll empower you to unlock your potential so you can do your best work. We’d love to hear how you think you could make a difference here with us. 

We want to set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable. We’ll be happy to support you.

Take a peek inside life at Checkout.com via

• Our Culture video https://youtu.be/BEwnpHuadSw
• Our careers page https://www.checkout.com/careers
• Our LinkedIn Life pages bit.ly/3OaoN1U  
• Our Instagram https://www.instagram.com/checkout_com/