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Associate, Payments Oversight
About The Position
We are
At Cross River, we're building the financial infrastructure that powers global innovation. With our cutting-edge suite of embedded payments, cards, and lending solutions, we enable millions of businesses and consumers to transact seamlessly and securely.
With 900+ employees worldwide and an R&D center of over 160 employees in Jerusalem - we’re reshaping how financial technology is developed and delivered. .
The Role
The Associate, Payments Oversight is part of the Credit Risk Function. As an Associate, Payments Oversight, you will help provide technical and data analytical support in assessing, analyzing, monitoring, and reporting on various payment related credit topics
Who You Are
Passionate about analytics, data, and credit, with the ability to take the data and make it tell a meaningful story. You’re able to produce clear reports with an organized and detail-oriented vision, sometimes with no clear instructions, and coordinate with the data owners to piece together the underlying stories. You are proactive with a can-do approach in meeting short and critical deadlines. You understand how to translate information into what the business needs by delivering the best solution.
You’re curious, persistent and creative, with very strong attention to detail. You’re able to thrive in fast-paced high performing environments and work efficiently under pressure and enjoy this challenge. You value flexibility in order to prioritize your personal life without giving up on the challenge that drives you to love your career. You’re self-disciplined enough to work remotely and deliver results on time. You are a native English speaker and have excellent writing skills.
What You’ll Actually Be Doing
- Review new and existing clients requesting ACH Credits and Debits, Wires, RTP, P2C, and FedNow. This entails performing financial analysis, doing rating analysis using Moody’s, determining expected exposure, and setting reserves and limits.
- Review change requests for Limits
- Review temporary limit exceptions
- Reconcile reserves with determination of reserves on a weekly basis
- Perform Annual reviews
- Maintain procedures related to ACH, Wires, FedNow, RTP, and P2C
- Interface with RMs and US leaders to communicate outcomes, and requesting fund flows, financial statements, and forecasts
Requirements
What You Bring to the Table
- Proficient in Hebrew and English both written and verbal, sufficient for achieving consensus and success in a remote and asynchronous work environment with ongoing daily correspondence by email - Must
- Minimum of 4 years' experience in Risk management at a financial or fintech institution - Must
- 4+ years of experience as a Business Analyst in a fast-moving business environment - Must
- Excellent command of MS Word and Excel - Must
- Available at least one day a week for US overlap hours - Must
- Ability to create meticulous reports according to guidelines
- Excellent communication skills, both verbal and written
- A science/technical related college/undergraduate degree
- Demonstrated ability to explore and drive innovative ideas utilizing technologies
- Quick thinker, fast learner, and problem solver with demonstrated ability to complete tasks from start to finish
- Good team player, self-motivated to learn independently and demonstrate proactive approach to improve processes
Why You’ll Love Working Here
- Flexible hybrid work model: three days a week at our Jerusalem office
- Monthly wellness reimbursement – from therapy to gel manicure, it's up to you
- Full Keren Hishtalmut, private health and dental insurance
- Volunteer days, donation matching, Yoga and Pilates
- A supportive, collaborative culture that puts our people first
Next Step
Hit Apply!