Senior Risk Analyst - BlueSnap

BlueSnap is a rapid growth international FinTech company, headquartered in Waltham Massachusetts, and is one of the fastest-growing companies in the payments industry. BlueSnap works daily to continue building a world-class payment orchestration platform that provides our clients with extensive capabilities, technologies, and services, all with only one integration.

BlueSnap is looking for a Senior Risk Analyst who will strongly influence the business decisions by developing data-driven merchant monitoring analysis. The primary role of the Senior Risk Analyst will be to identify high-risk business problems and develop recommendations and solutions to best manage the risks. The Senior Risk Analyst will work closely with teams across the company including Sales, Engineering, Product, and Operations to monitor and review account activity and transaction data for suspicious activity, possible fraud and changes in merchant processing that signals a risk concern. This role includes reviewing, investigating, and resolving irregular transactions both on the merchant level and the end user’s level. In addition, the Senior Risk Analyst will maintain detailed records of suspicious activity, analyze trends, communicate security threats to management and provide recommendations for loss mitigation as needed. Working with internal and external fraud prevention tools, analyze the outcome and provide professional feedback when required.

Responsibilities:

• Execute policies and strategic programs to understand the risk, mitigate loss and to support revenue growth in BlueSnap’s service offering
• Possess a solid understanding of risk/fraud mitigation tools & techniques
• Understand and be able to effectively calculate credit risk exposure
• Conduct comprehensive risk assessments of existing clients to evaluate their financial stability, compliance, and potential risk factors
• Utilize data analytics skills to identify trends, anomalies, and potential risks in payment processing activities
• Provide recommendations to management on merchant remediation
• Assist in educating internal teams and clients about risk management best practices, risk requirements, compliance requirements, and industry standards
• Have strong communication skills both written and verbal
• Analyze large datasets to identify patterns and trends indicative of fraudulent behavior, continually refining rules and strategies
• Identify areas for improvement within the fraud prevention process and work on optimizing workflows, rules, and strategies to minimize false positives and enhance the customer experience
• Think like a fraudster and identify risks, exploits, and points of attack
• Other responsibilities as required

Qualifications:

• 3+ years of experience in an eCommerce or Financial Services industry
• Experience working within the fraud/risk/compliance space
• Experience with various risk management software tools
• Experience in the Card Not Present (CNP) payments space
• Strong analytical skills, experience with MS Excel
• Reporting experience with BI (business intelligence) tools 
• Not afraid to think “out of the box” to solve problems
• Can excel in complex, fast paced environments
• Persistent and results focused
• Extensive multi-tasking and prioritization skills
• Project coordination skills – on time results working with cross functional teams

As a regular full-time BlueSnap team member you will receive a competitive salary along with an excellent benefits package which will include BlueCross BlueShield medical and dental insurance, FSA, HRA, vision, life, disability and more! You will have the opportunity to save for retirement through our 401K. We find some of our best team members through employee referrals, which is why we provide you with the opportunity to earn significant referral bonuses. In addition, we provide our US team members with a flexible time off plan that will help you enjoy a nice work/life balance. These are just a few of the great benefits we offer. We look forward telling you more during the interview process with BlueSnap!

BlueSnap is an equal opportunity employer. We celebrate differences in both background and perspective. All our applicants are considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. We support equality of treatment in employment and are committed to having procedures to determine equal pay for our employees that do not discriminate and are free from bias.

Requirements: