Business Risk Analyst at Stripe

Who we areAbout StripeStripe is a financial infrastructure platform for businesses. Millions of companiesfrom the worlds largest enterprises to the most ambitious startupsuse Stripe to accept payments grow their revenue and accelerate new business opportunities. Our mission is to increase the GDP of the internet and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyones reach while doing the most important work of your career.*This role is not open to remote candidates. This role will need to reside in the Atlanta area.*This role is not a data analytics role.What youll doThe Business Risk Analyst will be primarily responsible for ensuring that merchants onboarded by the MALPB meet our risk appetite and adhere to our loss role involves evaluating merchants for potentially elevated levels of credit risk and fraud and implementing preventative measures for higher-risk accounts. The analyst will also oversee the health of the MALPBs merchant portfolio ensuring that appropriate actions are taken to manage chargebacks and associated risks.ResponsibilitiesCredit Risk Management: Assess and ensure that merchants meet established credit criteria before onboarding and that the credit underwriting process remains within acceptable loss limits. Continuously monitor and analyze key metrics related to credit risk to identify trends and opportunities for improvement.Fraud Prevention and Detection: Ensure merchants are evaluated for potential fraud risks during the onboarding process. Develop and implement strategies to mitigate these risks in collaboration with the Payments risk team particularly for higher-risk merchants.Portfolio Management: Monitor the health of the MALPB merchant portfolio focusing on credit risk fraud and chargebacks. Analyze performance against expectations and provide actionable recommendations for improvement.Disputes Management: Track chargeback trends and recommend effective strategies and best practices to minimize chargebacks within the merchant portfolio. Ensure compliance with payment network rules and collaborate with relevant teams to implement process improvements.Safeguarding of Merchant Funds: Oversee the settlement of merchant funds to ensure compliance with safeguarding principles and proper disbursement based on merchant instructions.Business Risk Reporting: Establish and track key performance indicators (KPIs) pertaining to credit and fraud processes to drive continuous improvement and enhance efficiency. Prepare reports on portfolio performance risks and mitigation strategies for management review.Continuous Improvement: Stay updated on industry trends regulatory changes and emerging risks within merchant acquiring. Recommend enhancements to risk assessment processes and tools as necessary.Incident Response and Remediation: Lead the response to breaches in credit fraud and disputes risk appetite coordinating analyses and implementing corrective actions to mitigate future risks. Monitor the effectiveness of remediation efforts.Training and Education:Provide training and support to team members on credit risk assessment and fraud prevention techniques ensuring a cohesive understanding of risk management across the organization.Who you areWere looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements you are encouraged to apply. The preferred qualifications are a bonus not a requirement.Minimum requirementsBachelors degree in Finance Business Risk Management or a related field.10 years of experience in risk analysis credit risk management or fraud prevention preferably within financial services or payment processing.Strong analytical and problem-solving skills with the ability to interpret complex data and make informed recommendations.Excellent verbal and written communication skills enabling effective collaboration and clear reporting to stakeholders.A keen eye for detail and a commitment to accuracy in risk assessment and reporting.Ability to work collaboratively across teams and departments to achieve common goals.Required Experience:IC Key Skills ISO 27001,Microsoft Access,Risk Management,Financial Services,PCI,Risk Analysis,Analysis Skills,COBIT,NIST Standards,SOX,Information Security,Data Analysis Skills Employment Type : Full Time Experience: years Vacancy: 1