Sr Risk Analyst

Senior Risk Analyst  

Department: Risk Management  

Location: Melville, NY   

Job Function: Operations Employment Type: Full-time Seniority Level: Entry  

Looking for a fulfilling career that encompasses the dynamic world of payments? Join us at Echelon Payments! We are the leading provider of integrated payment solutions and the destination for aspiring professionals like you to make payments the first and last stop in your career.  

We are seeking a Sr. Risk Analyst to join our growing team. This role will report to the Sr. Director of Risk and will be responsible for the risk mitigation of newly submitted merchant applications as well as our current portfolio or merchant accounts. The role is based out of Melville, NY.  

Here’s what it would look like to choose Echelon Payments:   

BENEFITS FOR YOU  

• Comprehensive benefits, including medical, vision, and dental.
• Paid time off
• 401K with company match
• Opportunity for growth
• Paid holidays
• Employee Assistance Program

YOUR KEY RESPONSIBILITIES   

• Risk Assessment & Analysis:Identifyand evaluatemanytypesof risk, including financial, operational,and regulatory risks. Conduct regular risk assessments to understand potential impacts on the business.
• Data Analysis & Reporting: Analyze complex data sets, trends, and key performance indicators to provide insights into risk exposure. Prepare detailed risk reports and recommendations for senior management.
• Risk Mitigation: Collaborate with internal teams to design, implement, andmonitorrisk mitigation strategies and ensure compliance with risk management policies and procedures.
• Risk Monitoring: Continuouslymonitorrisk indicators andidentifyemerging threats or changes in the risk landscape. Ensuretimelyidentification and reporting of new risks.
• Internal Collaboration: Work closely with departments such as finance, operations, compliance, and legal to ensure a comprehensive approach to risk management.
• Regulatory Compliance: Stay updated on industry regulations, laws, and best practices related to risk management. Ensure the company adheres to relevant regulatory frameworks.
• Contribute to the development and enhancement of risk management policies, and procedures to align with industry best practices.
• Conduct annual and periodic reviewsin accordance withrisk management and bank policies to ensure compliance with regulatory requirements and alignment with organizationalobjectives.
• Assess andmonitorrisk exposure related to third-party vendors, including platforms such as G2 andLegitScript.

QUALITIES & QUALIFICATION WE LOOK FOR  

• Technical Skills:Proficiencyin risk management software, Microsoft Excel (advanced), and data analysis tools. Knowledge of statistical analysis and modeling techniques is highly desirable.
• Analytical Skills: Strong ability to analyze data,identifytrends, and generate actionable insights.
• Excellent attention to detail and a keen ability to assess potential risks from multiple angles.
• Communication: Strong written and verbal communication skills with the ability to present complex information clearly and effectively to stakeholders.
• Problem-Solving: Strong critical thinking and problem-solving abilities, with the ability to make informed decisions under pressure.

Education / Experience 

• Education:Bachelor’s degree in finance, Economics, Business, Risk Management, or a related fieldis preferred. 
• Experience: Minimum of5years of experience in risk analysis or a related fieldis a plus

WHO WE ARE  

Echelon Payments is a trusted leader in payment processing and merchant services, bringing together decades of expertise and experience. Guided by integrity, transparency, and commitment, we excel at seamlessly integrating cutting-edge transaction technologies into a user-friendly platform. With a comprehensive range of end-to-end payment solutions, we are dedicated to fostering the growth and success of our partners and merchants.  

As a company built by sales partners, for sales partners, and merchant by merchant, we prioritize long-term relationships and aim to be the first and last stop for all payment needs.