Merchant Services Analyst

RedSail Technologies•Marshall Township, PA

10h•Remote

About The Position

We are seeking a detail-oriented and analytical Merchant Services Analyst to join our team. In this role, you will support the operational, analytical, and technical needs of our merchant services team, ensuring the smooth functioning of payment processing systems, managing vendor relationships, and providing exceptional service to our merchant clients. This position requires a combination of problem-solving skills, industry knowledge, and a strong focus on customer satisfaction.

Requirements

Bachelor’s degree in business, finance, or a related field (or equivalent experience).
2+ years of experience in merchant services, payments processing, financial services, or a similar field.
Strong analytical and problem-solving skills, with the ability to interpret and present complex data.
Proficiency in Microsoft Excel, data visualization tools, and CRM systems.
Excellent communication skills, both written and verbal, with a customer-first mindset.
Ability to work independently and collaboratively in a fast-paced environment.

Nice To Haves

Experience with merchant services and managing vendor relationships in the payments or financial services industry is a strong plus.
Knowledge of payment gateways, processing platforms, and PCI compliance is preferred.

Responsibilities

Data Analysis & Reporting:
Monitor and analyze merchant transaction data to identify trends, anomalies, and potential risks.
Generate reports to provide insights into merchant performance, chargebacks, and payment processing efficiency.
Assist in forecasting and improving merchant transaction performance metrics.
Merchant Support:
Serve as the primary point of contact for merchants, addressing inquiries related to payment processing, account setup, and transaction issues.
Provide guidance on industry best practices, compliance requirements, and operational improvements.
Assist merchants in resolving technical issues related to payment gateways, terminals, or software.
Vendor Relationship Management:
Manage relationships with payment vendors, ensuring high levels of service and alignment with company objectives.
Collaborate with vendors to address issues, negotiate contracts, and ensure compliance with service-level agreements (SLAs).
Evaluate vendor performance and provide recommendations to improve services and partnerships.
Operational Excellence:
Oversee the onboarding and setup process for new merchants, ensuring accurate documentation and seamless integration.
Collaborate with cross-functional teams (e.g., IT, Risk, and Sales) to enhance merchant services and optimize internal processes.
Ensure compliance with PCI-DSS, payment card industry regulations, and other relevant standards.