Analyst, Merchants and Payments

About evermore

evermoreis a technology company that administers Smart Benefits to connect people to products and services they need, when they need them, so they can live healthier lives. We partner with payers and retailers to deliver expansive benefits for things like healthy foods, OTC medications, or transportation. evermore is reinventing benefits administration so that everyone benefits with more value for each and better outcomes for all. evermore is a Series B stage company, backed by leading investors including General Catalyst, Define Ventures, Lightspeed Venture Partners, Pinegrove Capital Partners, and Qiming Venture Partners. 

The Job at a Glance 

Reporting to the Associate Director, Merchants & Payments, you will own the relationship with our issuing bank and payment processing partners. On behalf of our clients, you will navigate the rules and standards of both the issuing bank and the payment network. You will ensure that all sponsor implementations are conducted consistent with the company’s policies, procedures, and to allow our carded benefit programs to launch successfully, and you will have primary accountability for managing this operation on a day-to-day basis. You will serve as a trusted thought partner to both our clients and internal stakeholders on matters related to program design, KYB/AML practices, funding account operations, reconcilation / settlement, collateral, marketing materials, fraud management, and dispute resolution, and many others. 

NOTE: This role will be leveled as either an Analyst or Manager based on candidates’ skills and experience. 

What You Will Do 

Working within an organization created at the intersection of health care, retail and financial technology, no two days will look the same.  Typical responsibilities of the role include:  

• Own the day-to-day relationship between evermore and both our issuing bank and payment processing partners, acting as their primary point of contact for all matters. 
• Manage external relationships with clients and vendor partners at an A+ level and maintain flawless execution of ongoing operational functions, including: 
• KYB/AML Practices 
• Funding Account Operations 
• Network Reconciliation and Settlement 
• Vendor / Issue Management 
• Operations Escalations / Fraud Investigations 
• Collateral Review 
• Own critical pieces of implementation for new card programs, including: 
• Conducting Know Your Business (KYB) / Due Diligence for new programs and ensuring Anti-Money Laundering (AML) Compliance. 
• Setting up funding accounts for our plan sponsors, and ensuring all necessary configurations and documentation are in place with our bank and processing partners 
• Track funding account balances and coordinate timely reloads with the relevant internal and external partners 
• Reviewing program collateral for compliance with bank requirements and ensuring final review & approval by our bank partners 
• Obtaining final bank approval for program launch 
• Own and maintain crisp process documentation for core card program management functions in alignment with compliance-driven policies, including: 
• Know Your Business (KYB) Verification & Customer Due Diligence 
• Anti-Money Laundering (AML) Compliance 
• Regulatory Licensing and Reporting 
• Maintain hyper-organized client documentation (collateral, regulatory forms, approvals, etc.). 
• Establish strong relationships with Solutions, Finance, Legal & Compliance, Product, Engineering, Account Management, and other key business partners. Act as a liaison between these groups and ensure comprehensive and timely communication of projects to all relevant stakeholders. 
• Gain a deep understanding of evermore’s existing tools and program management infrastructure, which will allow you to develop strategies to improve our program efficiency, drive the implementation of new solutions, and ensure updated processes are aligned with internal stakeholders and external partners. 

About You 

While every candidate brings a unique resume and prospective, an ideal candidate will include: 

• 3-5+ years of experience working in fintech, banking, finance, payments processing, or related field. Experience managing prepaid debit card programs is a plus. 
• Ability to get up to speed quickly and execute with quality and autonomy within your first 1-2 months. 
• Relentless pursuit of process efficiency without sacrificing quality. In the past you have been able to nearly “automate yourself out of a job” with the processes you built. 
• Demonstrated experience owning positive and productive relationships with external partners/vendors, preferably in the banking, finance, or fintech space.  
• Ability to manage multiple projects and deliver against deadlines with different teams; you thrive in shifting between writing process/procedure updates, managing day-to-day operational tasks, and pushing new program implementations to the next milestone.  
• Self-starting builder who is results-oriented, can embrace ambiguity, and thrive in a fast-paced environment; you have built and run process playbooks and can maintain a sense of urgency with the ability to adjust to shifting priorities.  
• Commitment to building a diverse culture that is highly collaborative, strives to set and achieve goals together, and embraces transparency, innovation, and accountability   
• Bachelor’s degree or similar experience preferred. 

Other Requirements

• Travel may be required from time to time as part of the role, for company events and business needs
  
• evermore is a remote-first, distributed workforce. Candidates should be comfortable with, and equipped to work within, a distributed remote team, including having reliable internet access and basic home office equipment. evermore will provide a work laptop, and mouse/keyboard upon request   
• Legal authorization to work in the US is required. At this time, evermore will not consider candidates who need sponsorship, now or in the future 
• All offers for employment are contingent upon successful completion of a background check 

What We Offer 

• Competitive base salary ranging from $96,425 to $112,500, discretionary bonus, and equity; depending on experience/qualifications 
• Benefits  
  • Medical, Dental, and Vision insurance with 90% paid employer premium contributions for all tiers 
  • 100% Employer Paid Short-Term & Long-Term Disability 
  • 100% Employer Paid Basic Life Insurance Policy  
  • Employee Assistance Program (EAP) 
  • 401(k) Program
    
• Discretionary PTO
• Paid holidays
• Parental Leave
• Flexible work schedule within core hours
• Work anywhere in the USA as we are a fully distributed team from coast to coast 

evermore is an equal opportunity employer, Minority/Female/Disability/Veteran/LGBTQIA+ – proudly embracing diversity in all its manifestations. Applicants requiring reasonable accommodation for the application and/or interview process should notify a representative of the People Operations Team via Careers@sodahealth.com. 

evermore participates in E-Verify, the federal program for electronic verification of employment eligibility. 

To all recruitment agencies: evermore does not accept agency resumes, please do not forward them to any evermore employees.