Review of new merchant applications with the objective of identifying the financial 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 ensuring the company is properly secured by sufficient collateral.
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 Credit Risk Assessment in line with the Credit Risk and Risk Appetite Policy of the company.
Developing new monitoring structures to identify negative trends in both merchant’s and portfolio’s performance.
Preparation of visual monthly reports to facilitate the explanation of Risk findings.
Take necessary measures to minimize the credit risk exposure of the company as guided by senior management.
Keep abreast with 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 out for new and improved ways to streamline processes and workloads.
Possess a Degree in Banking & Finance, Statistics, Economics or related discipline.
Have experience within the payment industry, acquiring experience is beneficial but not necessary, and within Credit Risk.
Have advanced Excel Knowledge.
Ability to read, analyze, and interpret business financial statements
Be excellent at communicating – Both verbal & in writing.
Fluent in English.
Be able to work under minimum supervision.
Naturally have a flair for the intuitive and investigative nature of the role.
SpotOn Connections offers international recruitment solutions and career consultancy for all industries across Europe. We deliver a premium service at all stages of the recruitment process, taking the time to get to know our clients and candidates on a personal level so that we can make the perfect match. Our network of consultants come from a recruitment background, with particular specialisation on the finance, legal, technical, and multilingual industries. We currently have offices in Malta and Portugal.