Risk Analyst

9 Hours ago • 2 Years +

Job Summary

Job Description

The Risk team assesses credit risk and prevents fraud. This role involves identifying fraud, assessing chargeback risk, and implementing solutions. The Risk Analyst will be on the front lines identifying fraud and risk flags, making decisions every day to protect our customers and our business. The role also requires strong communication skills and the ability to identify and resolve problems. The analyst will work to improve processes and support efficiencies.

Must have:

2+ years of credit underwriting experience in payments or fintech.
Identify high-risk businesses with strong credit risk experience.
Understanding of best practices to prevent service-related chargebacks.
Fraud and/or compliance risk experience is required.
Experience with rule-based fraud detection tools.

Perks:

Work From Where You Work Best: Flexible work options.
We Care About Future You: Learning experiences and educational allowances.
We Support the Full You: Health & wellness benefits.
We Take Care of the Fundamentals: Fair compensation and office perks.

4 skills required

4 skills required for this role

Add these skills to join the top 1% applicants for this job

excel

communication

strategic-financial-management

credit-risk

Job Details

We believe small businesses are at the heart of our communities, and championing them is worth fighting for. We empower small business owners to manage their finances fearlessly, by offering the simplest, all-in-one financial management solution they can't live without.

About the team:

The Risk team is responsible for assessing the credit risk of new businesses, detecting and preventing fraud, optimizing our transaction processes, assisting with enhancements of risk prevention strategies and liaising with our small business owners to develop and implement the best possible solutions.

About the role: This position isn't for the faint of heart: You will be on the front lines identifying fraud and risk flags, making decisions every day to protect our customers and our business. You must be a highly motivated individual with strong communication skills, carry a sense of tact and empathy under pressure, and have a sixth sense for identifying problems while implementing and communicating solutions.

Here's how you will make an impact:

Performing complex fraud investigations using a wide variety of data in order to accept, reject or refer transactions for further investigation. You're a self-proclaimed (risk) detective!
Assessing the chargeback risk of each business and working directly with small business owners to establish good business practices to protect themselves against disputes.
Demonstrating strong attention to detail in minimizing fraudulent activities, identifying risk exposure, and determining regulatory or compliance violations
Looking for opportunities to improve the way we currently work to support efficiencies and process improvements.

You Thrive Here By Possessing the Following:

2+ years of credit underwriting/adjudicating experience working in a payments or fintech space.
Strong credit risk experience with the ability to identify high-risk businesses.
A thorough understanding of best practices for preventing service-related chargebacks, and experience in improving policies and operations within a fast-paced environment.
Fraud and/or compliance risk experience is also required, preferably having worked in monitoring accounts and transactions to identify fraudulent behaviour in online businesses.
Experience working with rule-based fraud detection tools and a willingness to apply these skills using both internal and third-party tools.
You consider yourself tech-savvy, proficient in Word, Excel and Access, and you never underestimate the power of a Google or database search.
The ability to manage relationships with our small business owners, using your excellent communication skills to do so.
You can ask “the right questions” when probing for critical information from a customer and deliver not-so-great news in a way that they are still left feeling great about Wave
You are resourceful - you know where to dig up relevant, real-world information and understand “the big picture” before making decisions.

At Wave, you’re treated like the incredible human being you are.

Work From Where You Work Best: We will always have a welcoming, energizing, and world-class office (in Toronto) with a space for you. Or, if you’re more comfortable working from home, the choice is yours.

We Care About Future You: You will stretch yourself and you will grow at Wave. You will also be supported on this journey with diverse learning experiences, educational allowances, mentorship, and so much more.

We Support the Full You: We make a serious investment in your health & wellness. When we think about benefits we think about body, mind, & soul and we take this stuff very seriously.

We Take Care of the Fundamentals: Fair compensation, all the office perks you’d want, and the various goodies you’d expect from a growing tech company. This is the obvious stuff, but we don’t want you to think we forgot!

We believe that a diverse and inclusive culture creates the best workplace. We embrace our differences, value individuality, and the broad spectrum of every Waver's skills and abilities. We challenge each other from a place of respect and pursuit of continuous growth. We trust each other and encourage everyone to bring their authentic selves to work, everyday. As Wavers, our voices matter, our opinions are met with an open mind. The best ideas win, no matter whose they are. Contributing to an inclusive culture is a part of all of our job descriptions.

We’ve been continuously recognized as one of Canada's Top Ten Most Admired Corporate Cultures and one of Canada’s Great Places to Work in categories including Technology, Millennials, Mental Health, Inclusion and Women.

Are you ready to be a Waver? Join us!