Risk & Underwriting Coordinator

Posted 2 Days Ago
Be an Early Applicant
New York, NY
Hybrid
54K-64K Annually
Junior
Cloud • eCommerce • Fintech • Payments • Financial Services
We enable businesses and their communities to thrive in the digital economy.
The Role
The Risk & Underwriting Coordinator supports daily operations in payments processing across the Americas, focusing on compliance and merchant support. Responsibilities include risk-related reporting for BIN sponsors, managing card scheme registrations, ensuring compliance with regulations, updating merchant data, and monitoring persistent merchant compliance.
Summary Generated by Built In

Company Description

Checkout.com is one of the most exciting fintechs in the world. Our mission is to enable businesses and their communities to thrive in the digital economy. We’re the strategic payments partner for some of the best known fast-moving brands globally such as Wise, Hut Group, Sony Electronics, Homebase, Henkel, Klarna and many others. Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it's not just what we build that makes us different. It's how.

We empower passionate problem-solvers to collaborate, innovate and do their best work. That’s why we’re on the Forbes Cloud 100 list and a Great Place to Work accredited company. And we’re just getting started. We’re building diverse and inclusive teams around the world — because that’s how we create even better experiences for our merchants and our partners. And we need your help. Join us to build the digital economy of tomorrow.

Job Description

We’re looking for a Coordinator for our Risk and Underwriting team, who will play a crucial role in supporting the day-to-day operations of our payments processing services across the Americas. This entry-level position is ideal for individuals eager to step into the world of financial services and payments, offering a unique opportunity to contribute to the company's compliance and merchant support efforts.

You will facilitate all risk-related reporting for BIN sponsor(s), card schemes, internal underwriting, and platform-merchant persistent merchant monitoring. This role involves meticulous tracking and updating of merchant data, ensuring all reporting and documentation is current and compliant with payment scheme regulations and BIN sponsor requirements. 

This role offers a unique exposure to our core business areas, collaborating closely with our key internal players and our high-value merchants and partners.

How you’ll make an impact:

  • Manage BIN sponsor(s) risk related reporting.
  • Manage the card scheme registration processes for merchants, liaising with internal teams, external stakeholders, and payment schemes to gather necessary information and approvals.
  • Ensure compliance with all regulatory requirements and guidelines related to scheme registration.
  • Monitor and ensure timely registration of merchants with payment schemes and vendors.
  • Possess a foundational understanding of Payment Card Industry Data Security Standards (PCI DSS) for merchants.
  • Maintain complete, accurate, and up-to-date documentation related to scheme registration.
  • Monitor regulatory changes and updates affecting scheme registration and reporting requirements, implementing necessary adjustments.
  • Conduct periodic reviews to verify merchant registration with schemes, addressing any discrepancies.
  • Identify and rectify any non-compliance issues, executing corrective actions as required.
  • Continuously refine processes to enhance regulatory compliance and scalability.
  • Evaluate the effectiveness of registration procedures, recommending improvements to optimize efficiency and compliance.
  • Perform persistent merchant monitoring of platform merchants.

Qualifications

  • 1–2 years of experience in an administrative or support role. 
  • Experience within the financial services or payments industry would be beneficial but not required.
  • Strong organizational skills with the ability to manage multiple tasks and maintain attention to detail.
  • Excellent communication skills, capable of building and maintaining effective relationships with both internal and external stakeholders.
  • A proactive approach to problem-solving and the ability to work independently.
  • Bachelor’s degree holder or equivalent preferred.
  • Knowledge of PCI compliance and data security standards is advantageous but not required.

Additional Information

New York City law requires Checkout.com to include in job postings a reasonable estimated salary range for this position. However, exact compensation may vary subject to several factors such as a candidate’s level, relevant experience, qualifications, skills and proficiency for the role. 

The information provided here is applicable to those working in the New York City office. However, this role may also open to applicants from other US locations and will be advised on the relevant pay for that location.

For regular full-time employees in New York City, the estimated base salary for this role is $54,400 to $64,000 per year. Additionally, this role is eligible to earn an annual cash bonus.
Our competitive salaries are just one component of Checkout.com’s total compensation package. Additional benefits include: health, vision, dental insurance, 401k, vacation and sick and safe time, learning days and volunteer days.
To view more details of what you can look forward to, visit our careers page: https://www.checkout.com/careers.

Apply without meeting all requirements statement 

If you don't meet all the requirements but think you might still be right for the role, please apply anyway. We're always keen to speak to people who connect with our mission and values.

We believe in equal opportunities

We work as one team. Wherever you come from. However you identify. And whichever payment method you use. 

Our clients come from all over the world — and so do we. Hiring hard-working people and giving them a community to thrive in is critical to our success.

When you join our team, we’ll empower you to unlock your potential so you can do your best work. We’d love to hear how you think you could make a difference here with us. 

We want to set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable. We’ll be happy to support you.

Take a peek inside life at Checkout.com via

  • Our Culture video https://youtu.be/BEwnpHuadSw
  • Our careers page https://www.checkout.com/careers
  • Our LinkedIn Life pages bit.ly/3OaoN1U
  • Our Instagram https://www.instagram.com/checkout_com/

Apply without meeting all requirements statement 

If you don't meet all the requirements but think you might still be right for the role, please apply anyway. We're always keen to speak to people who connect with our mission and values.

We believe in equal opportunities

We work as one team. Wherever you come from. However you identify. And whichever payment method you use. 

Our clients come from all over the world — and so do we. Hiring hard-working people and giving them a community to thrive in is critical to our success.

When you join our team, we’ll empower you to unlock your potential so you can do your best work. We’d love to hear how you think you could make a difference here with us. 

We want to set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable. We’ll be happy to support you.

Take a peek inside life at Checkout.com via

  • Our Culture video https://youtu.be/BEwnpHuadSw
  • Our careers page https://www.checkout.com/careers
  • Our LinkedIn Life pages bit.ly/3OaoN1U
  • Our Instagram https://www.instagram.com/checkout_com/
The Company
Chicago, IL
2,000 Employees
Hybrid Workplace
Year Founded: 2012

What We Do

Checkout.com is one of the most exciting fintechs in the world. Our mission is to enable businesses and their communities to thrive in the digital economy. We’re the strategic payments partner for some of the best known fast-moving brands globally such as Patreon, Dashlane, Udacity, Wise, Sony Electronics, Klarna and many others.

Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it's not just what we build that makes us different. It's how.

We empower passionate problem-solvers to collaborate, innovate and do their best work. That’s why we’re number 9 on the Forbes Cloud 100 list and on Glassdoor’s list of Top 10 fintechs to work for. And we’re just getting started. We’re building diverse and inclusive teams around the world — because that’s how we create even better experiences for our merchants and our partners. And we need your help. So, join us to build tomorrow, today.

We're proud to be certified as a Great Place to Work in the USA, with 89% of colleagues agreeing that this is a great place to work. That's 30% above average.

Find out more about our team here: https://www.checkout.com/careers

Why Work With Us

We empower passionate problem-solvers to collaborate, innovate and do their best work. That’s why we’re number 9 on the Forbes Cloud 100 list and on Glassdoor’s list of Top 10 fintechs to work for. We're also proud to be certified as a Great Place to Work in the USA, with 89% of colleagues agreeing that this is a great place to work.

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