Director of Underwriting and Compliance

| Austin
Director of Underwriting and Compliance 
Operations 
AffiniPay is looking for a Director of Underwriting and Compliance. This position will drive strategies and execution regarding: 1) credit card merchant acquiring underwriting policies, 2) monitoring our merchant portfolio for risk, 3) compliance with federal/state banking laws and regulations, card network rules, and 4) alignment with our sponsoring bank’s rules and requirements.
Responsibilities:
  • Ensuring the company is complying with all applicable banking rules and regulations including the Bank Secrecy Act, KYC, OFAC, etc.
  • Ensuring compliance with the card networks (Visa, MasterCard, Discover and American Express) rules and requirements.
  • Continuing to refine our underwriting policies and procedures and update as needed.
  • Ensuring the company is using best in class risk tools and accurately applying underwriting techniques to minimize risk to the company.
  • Preparing the periodic reporting required by AffiniPay’s bank sponsor on the performance of the processing portfolio.
  • Identifying potential areas of credit risk, compliance risk, operational risk, or poor customer experience by continually assessing our processes and implementing procedures to address deficiencies.
  • Assisting Team Managers/Leads with daily operation of the department as needed.
  • Promoting a risk-aware culture, and ensuring efficient and effective risk and compliance management practices by adhering to required standards and processes.
Requirements:
  • At least 8 years of proven experience in banking, risk, or compliance of which a minimum of 3 years should be in a credit underwriting role, preferably within the payment card industry.
  • Requires 5+ years of proven leadership responsibility.
  • Possess knowledge of the acquiring credit card business with respect to industry trends, business risk factors, merchant signing requirements and other operational procedures associated with boarding merchants.
  • Well-developed management, interpersonal, organizational, analytical, problem-solving, project management and verbal and written communication skills
  • Able to read and fully understand personal and business credit reports in order to assess a merchant’s financial condition and wherewithal to handle the obligations of a merchant credit card processing account
  • Demonstrates accuracy with particular attention to detail in a work setting that requires effective time-management skills and strict adherence to deadlines
  • Proven abilities in supervising direct reports including conducting performance management.
  • The ability to formulate, document, and implement formal policies and procedures.
About AffiniPay
At AffiniPay, we’re continuously tackling exciting and interesting problems to define the direction of the financial technology industry and transform the way professionals get paid! Our drive to become leaders in fintech has fostered our fast-moving, growth-focused culture. We’ve assembled teams of highly collaborative problem solvers who are passionate about both personal and company growth. We are eager to create, work together, and do whatever it takes to get the job done. We also know that our people are our greatest asset and responsible for our ultimate success. As such, we invest in our team-members’ growth and development, recognize accomplishments, and celebrate successes together. We’re building a winning team, and we need more creative, collaborative, and fun-loving people to help us get the job done!
 Affini-Perks! We've got you covered...

Competitive compensation structure
401K with automatic 5% company contribution
100% paid medical, dental, and vision benefit plans
100% Company paid short- and long-term disability and life insurance
Competitive PTO plan
Paid maternity/paternity leave
Fun destination quarterly meetings
AffiniPay Swag Package
Company lunches and fully stocked kitchen
All the benefits of a startup culture without the downsides
The chance to get in on the ground floor of one of Austin's fastest growing companies!
AffiniPay is proud to be an Equal Opportunity Employer.

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Location

3700 N Capital of Texas Hwy Suite 420, Austin, TX 78746

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