Payments Risk Intern at Avidia Bank in Hudson, Massachusetts

Posted in Accounting 23 days ago.

Job Description:

Position Overview:

We are in search of an analytical thinker to review, underwrite and monitor payments relationships and help to manage risk and identify suspicious activity. In this role you will learn crucial elements of risk management in a rapidly changing, growing area within banking.

Primary Responsibilities:

  • Underwrite, review and monitor payments clients (merchants)
  • Conduct enhanced due diligence (EDD) on merchants and partners
  • Perform daily credit card and ACH transaction monitoring
  • Analyze data to identify trends/anomalies in customer behavior
  • Investigate suspicious activity
  • Prepare reports detailing risk findings to management
  • Assist other departments with the bank's payments related products and services
  • Proven aptitude for learning new, complex concepts and systems
  • Ability to make clear, diligent decisions based on multiple data points and risk factors
  • Excellent written and verbal communication skills
  • Basic understanding of and interest in common payments systems (credit card, ACH, wire)
  • Proficiency with Microsoft Outlook, Office, and Excel
  • Business, accounting, finance, economics, mathematics, or data science major or related coursework a plus
  • Experience in payment processing, community banking, and financial services technology a major plus
  • GPA of 3.0 or higher

Avidia Bank is an Equal Opportunity Employer/Veterans/Disabled