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We are seeking a detail-oriented and analytically-minded Ops Officer III to join our Merchant Services team. This role is responsible for the end-to-end review, triaging, and onboarding of merchant applications. You will execute complex onboarding requests and overrides while ensuring all activities align with established risk guidelines and Service Level Agreements (SLAs). This is a 1-year contract based in a fast-paced, collaborative back-office environment. As an Ops Officer III, you will act as a subject matter expert in the merchant onboarding lifecycle. This position involves a high degree of critical thinking to analyze process drivers and systemic operational issues. You will be responsible for validating application data, interpreting risk findings, and making recommendations to ensure a seamless client experience while protecting the organization's interests. This is a strictly back-office role with no phone-based customer service requirements.
Job Responsibility:
Lead the review of Merchant Services applications, ensuring all documentation is complete and accurate for the onboarding of new clients
Execute complex onboarding requests and overrides accurately and on time, adhering to formal and informal SLAs
Promptly triage applications and escalate processing or operational issues to facilitate timely resolution with internal partners
Support internal partners with both inbound and outbound requests from various channels, performing adjustments within assigned authority levels
Identify and manage potential risks throughout the onboarding process, ensuring all activities adhere to enterprise frameworks, including Anti-Money Laundering (AML)
Maintain a deep understanding of internal and industry regulations
share knowledge of emerging issues and assess potential impacts on operating policies
Provide thorough analysis of key process drivers and root causes of operational issues
contribute to presentations and communications for management audiences
Consistently exercise discretion in managing confidential information and ensure organized storage of evidence for audit purposes
Participate as an active member of a 10-person team, supporting a positive work environment through innovation and quality service
Provide training, coaching, and guidance to other team members to enhance operations knowledge and critical thinking
Lead and participate in process improvement initiatives to allow the business to scale and grow efficiently
Requirements:
Advanced proficiency in Microsoft Excel is mandatory, specifically with V-Lookups and Macros
Minimum of 1 year of Merchant/Client Onboarding experience with a strong understanding of risk assessment
Strong organizational and time-management skills to manage daily, weekly, and monthly deliverables
Ability to work within moderately defined guidelines involving multiple steps, systems, and jurisdictions
Nice to have:
Undergraduate degree or college diploma preferred
Risk certifications or formalized risk management knowledge
Previous exposure to financial services or banking operations
What we offer:
Long-Term Stability: A secure 1-year term with a major organization
Collaborative Environment: Join a highly professional 10-member team with a supportive and team-oriented culture
Downtown Hub: Work in the heart of Toronto’s financial district at a prime Wellington Street West location
Professional Development: Gain advanced exposure to merchant services, risk adjudication, and large-scale operational frameworks