Celtic Bank

Merchant Acquiring Risk & Compliance Manager

Celtic Bank

full-time

Posted on:

Location Type: Hybrid

Location: Salt Lake City • Utah • United States

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About the role

  • Monitor and interpret Visa, Mastercard, American Express, and Discover operating regulations, ensuring timely implementation of rule changes affecting merchant acquiring and PayFac programs.
  • Assess merchant acquiring products, PayFac structures, and transaction flows for adherence to card network requirements, including:
  • - Merchant onboarding and underwriting standards.
  • - MCC assignment and monitoring.
  • - Prohibited and high‑risk merchant activity.
  • - Payment facilitator and ISO sponsorship requirements.
  • Serve as a subject matter expert for card network compliance inquiries from business, operations, and partner teams.
  • Conduct periodic card network risk assessments covering operational, compliance, and reputational risk.
  • Support development and maintenance of key risk indicators (KRIs) related to merchant acquiring.
  • Monitor network‑defined risk programs and escalate issues as appropriate.
  • Track, investigate, and remediate card network compliance findings, rule violations, or partner deficiencies.
  • Collaborate with operations and product teams to implement sustainable remediation and control enhancements.
  • Support oversight of ISOs, PayFacs, payment processors, and other acquiring‑related third parties.
  • Maintain and enhance card network compliance policies, procedures, and control documentation.
  • Provide guidance and training to internal teams on card network rules and merchant acquiring risk.

Requirements

  • Bachelor’s degree in Finance, Risk Management, Compliance, Business, or a related field.
  • 3–6+ years of experience in merchant acquiring, payments compliance, card networks, or financial institution risk management.
  • Working knowledge of Visa and Mastercard operating regulations (AmEx and Discover a plus).
  • Understanding of merchant acquiring structures, including:
  • - Direct merchant models
  • - ISOs
  • - Payment Facilitators / Sub‑merchant models
  • Experience supporting exams, audits, or card network reviews.
  • Strong analytical, documentation, and issue‑management skills.
  • Attention to detail and strong regulatory interpretation skills.
  • Ability to translate network rules into practical business controls.
  • Sound judgment and risk‑based decision making.
  • Clear and concise written communication.
  • Ability to manage multiple priorities in a fast‑changing payments environment.
Benefits
  • **BENEFITS**
  • - Medical, dental, vision
  • - 401(k) with employer match
  • - Life and long-term disability coverage
  • - HSA and FSA plans
  • - Holidays and paid time off requests
  • - Robust wellness program (we’re talking catered meals three times a weeks, lunch and learns, and onsite gym.)
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
merchant acquiringpayments compliancecard network compliancerisk assessmentsmerchant onboardingunderwriting standardsMCC assignmentpayment facilitatorISO sponsorshipregulatory interpretation
Soft Skills
analytical skillsdocumentation skillsissue managementattention to detailsound judgmentrisk-based decision makingwritten communicationability to manage multiple priorities
Certifications
Bachelor’s degree in FinanceBachelor’s degree in Risk ManagementBachelor’s degree in ComplianceBachelor’s degree in Business