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Credit Risk Analyst (Initially on-site 3-4 weeks Dallas area - then 100% Remote) - Short Term Contract

Job Title
Credit Risk Analyst (Initially on-site 3-4 weeks Dallas area - then 100% Remote) - Short Term Contract
Job ID
899285
Work From Home
Yes
Location
Allen,  TX 75013-2790
Other Location
Description

Title:  Credit Risk Analyst (Initially on-site 3-4 weeks Dallas area - then 100% Remote)

Our History:
From our start in 2009, Conexess has established itself in 3 markets, employing nearly 200+ individuals nation-wide. Operating in over 15 states, our client base ranges from Fortune 500/1000 companies, to mid-small range companies. For the majority of the mid-small range companies, we are exclusively used due to our outstanding staffing track record

Who We Are:
Conexess is a full-service staffing firm offering contract, contract-to hire, and direct placements. We have a wide range of recruiting capabilities extending from help desk technicians to CIOs. We are also capable of offering project based work.

Job Description:

Conexess Group is seeking a Credit Risk Analyst to join our team in greater Dallas, TX. In this role, you will be responsible for processing merchant applications, gathering and verifying business and credit information to recommend approval or decline of new applications, and processing merchant account maintenance requests. The Credit Risk Analyst will also recommend credit (transaction velocity) limits.  The ideal candidate will have prior experience in the credit risk analysis space and a natural desire to dig into research to resolve complex issues.

This position will onboard in greater Dallas, TX with the opportunity to go FT remote after an initial nesting period (3-4 weeks).

MINIMUM QUALIFICATIONS

  • Minimum of 2 years of experience with data entry or administrative tasks.

PREFERRED QUALIFICATIONS

  • Experience in commercial credit analysis and/or commercial underwriting.
  • Experience in a fast-paced environment
  • Bachelor’s Degree in finance, accounting, or AAP, CFE or CAMS Certification.
  • Strong and detailed knowledge of all risk management systems.
  • Experience with Salesforce.
  • Strong knowledge of BSA, AML, KYC, and OFAC.
  • Ability to detect fraudulent and/or suspicious activity.
  • Strong analytical, customer service, decision-making, organizational, and written and verbal communication skills.
  • Knowledge of money transmitter rules and regulations.
  • Ability to work with confidential materials and employee information and always maintain confidentiality.
  • Proficient in Microsoft Office products such as Word, Excel, and Power Point.
  • Proven experience in banking, credit union, or payment services.

ESSENTIAL FUNCTIONS

  • Processes merchant services applications, verifies business and credit information and recommends transaction velocity / credit limits. 
  • Provides analysis and interpretation of the customers’ financial status for proper evaluation of risk and the establishment of proper transaction velocity / credit limits.
  • Prepares recommendations and makes approval decisions on new accounts.
  • Complies with KYC, OFAC, and BSA/AML rules and regulations.
  • Monitors and communicates risk concerns to management.
  • Assigns new applications for processing to the appropriate Credit Analyst.
  • Reviews, approves or declines new application recommendations.
  • Interacts with regular and complex merchant clients, ISOs, VARs, Referral Banks, and the ODFI (Originating Depository Financial Institution) to carry out these responsibilities.
  • Maintains client database to facilitate process flow, reporting and analysis.
  • Trains Credit Risk Analysts on risk management systems, processes, policies and procedures, and regulatory compliance.
  • Manages risk management functions in absence of Credit Risk Manager or Supervisor.
  • Determines needed risk management system enhancements and serves as primary resource for determining and validating proposed system enhancements. 
  • Monitors portfolio of existing merchant accounts for transaction risk, decline in financial condition and other derogatory indicators.  Communicates concerns to management.
  • Reviews and approves changes to merchant accounts, including but not limited to ownership changes, new bank accounts, locations, and modifying transaction velocity settings based on client business needs and risk mitigation. 
  • May be required to interact with internal and external auditing groups to ensure risk and regulatory compliance.
  • Reviews exception items and takes action to approve or decline suspended transactions.
  • Various reporting duties as assigned.
  • May assist less experienced peers. 
  • May be assigned various training duties.
  • Completes Annual Credit Reviews on EPS Merchant Portfolio.

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