Strategic Interchange Analyst

This is a fully remote position, open to applicants in United States.

📋 Description

• Take charge of interchange qualification and network-cost performance across the portfolio, pinpointing downgrade factors, cost leaks, routing possibilities, and prioritizing remediation efforts.

• Keep track of Visa, Mastercard, and other pertinent network modifications, evaluate their financial implications, and uphold the latest interchange regulations, cost tables, and optimization strategies.

• Examine routing logic and transaction patterns to uncover opportunities that enhance qualification and payment economics.

• Employ advanced SQL and other programming or query languages to analyze and reconcile extensive datasets related to transactions, interchange, billing, and network fees.

• Develop automated monitoring, reporting, and analytical workflows utilizing AI, Python, Java, or similar tools to elevate efficiency, accuracy, and scalability.

• Convert intricate payments analysis into straightforward executive insights, financial-impact evaluations, and actionable recommendations.

⛳️ Requirements

• Over 5 years of experience in payments, merchant acquiring, payment facilitation, processing, card networks, issuing, gateway operations, or a closely aligned field.

• Extensive knowledge of Visa and Mastercard interchange frameworks, qualification standards, downgrade factors, assessments, network fees, and card brand operational guidelines.

• Comprehensive understanding of the payments ecosystem, encompassing card brands, networks, issuers, acquirers, processors, gateways, PayFacs, merchants, and sponsor banks.

• Advanced SQL skills, with proven experience in independently querying, joining, validating, and interpreting large and intricate datasets.

• Proficient in Python, Java, or another programming or query language utilized for analysis, automation, and the development of data workflows.

• Proven ability to leverage AI tools to automate workflows, enhance analytical efficiency, and convey data-driven insights.

• Experience in merchant acquiring, payment facilitation, or processor settings.

• Familiarity with PIN debit, least-cost routing, FANF, VAMP, assessments, compliance fees, and other costs related to networks.

• Experience in constructing interchange reference tables, qualification engines, reconciliation frameworks, portfolio monitoring, or profitability models.

• Knowledge of payment-message data, gateway field mapping, and authorization-to-clearing analysis.

• A degree in a quantitative or technical discipline such as Computer Science, Engineering, Mathematics, Statistics, Economics, or Finance.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health and wellness benefits.

• Opportunities for professional development and growth.

• Flexible working hours and remote work options.

• Collaborative and innovative work environment.