Paylocity is an award-winning provider of cloud-based HR and payroll software solutions, offering the most complete platform for the modern workforce. The company has become one of the fastest-growing HCM software providers worldwide by offering an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build a strong workplace culture.

While traditional HR and payroll providers automate basic HR processes such as payroll and benefits administration, Paylocity goes further by developing tools that HR and businesses need to compete for talent and deliver against the expectations of the modern workforce.

We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life, disability, and a 401(k) match, as well as perks that support you, your family, and your finances. And if it’s career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business.

There are jobs and then there are careers. Since 1997, Paylocity has been hiring talented people, giving them big challenges, and providing the right resources to help them succeed. Our award-winning culture ensures all employees feel truly welcome, appreciated, and free to be themselves. While other companies talk about it, we make it happen. Join Paylocity and launch your career!

Position Overview

This position is responsible for authenticating prospective clients, identifying potential threats and risks with existing and prospective clients. This position will also monitor the credit quality of our existing client portfolio, as well as support various departments as necessary regarding credit risk.

Performance Objectives

The below represents the primary responsibilities of the position. Other duties may be assigned as needed.

• Effectively handle Credit Risk Specialist I responsibilities without direct supervision.

• Assist in the training and development of Credit Risk Specialist I’s.

• Demonstrates an understanding of overall Risk Mitigation department functions.

• Develop and recommend policy, procedural, and automation enhancements to promote productivity and control within Risk Mitigation Department.

• Above average knowledge of all operating systems, including Intuit, OFAC, Merlin, and HR & Payroll.

• Identify, review and resolve escalated issues.

• Run and analyze credit reports on new/existing clients, assist in determining funding based on credit reports, and monitor credit risk clients for funding requirement changes

• Interact with clients and personnel from various banking institutions and internal departments to resolve issues in regard to transaction settlement or other queries

• Identify and resolve detected fraudulent activity, including but not limited to funds recovery, client contact and internal follow-up.

• Review and confirm client-level bank accounts changes to mitigate the risk of fraudulent transactions.

• Be available on phone queue to assist internal partners

• Perform related ad hoc projects including but not limited to accumulating data for analysis or creating reports at the request of the Client Credit Risk Manager.

• Perform other job-related duties as assigned.

  Education and Experience

• Bachelor’s degree preferred or equivalent combination of education and banking/reconciliation experience (2-4 years)

• Payroll Service Bureau Experience a plus

• Intermediate to advanced level experience with Microsoft Excel, Word, and Outlook

Paylocity is an equal-opportunity employer. Paylocity is committed to the full inclusion of all individuals. We recruit, train, compensate, and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law. At Paylocity, we believe diversity makes us better.

We embrace and encourage our employees’ differences in age, culture, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion or spiritual belief, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique. We actively cultivate these differences through our employee resource groups (ERGs), employee experiences, perspectives, talents, and approaches to drive innovation in the software and services we provide our customers.

We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities. To request reasonable accommodation in the job application or interview process, please contact accessibility@paylocity.com.

This role can be performed from any office in the US. The pay range for this position is $55,488 - $64,965/yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. This position is eligible for an annual bonus and restricted stock unit grant based on individual performance in addition to a full range of benefits outlined here. (https://rise.articulate.com/share/NWT-xukAz2nsMapN3L3TSRXfxzBGrFh_#/) This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed. Base pay information is based on market location. Applicants should apply via www.paylocity.com/careers.