Job Title: PayFac Instrumentation & Setup Specialist
Location: Remote
Duration: 6+Months
About the Role
We are seeking a highly experienced PayFac Instrumentation & Setup Specialist to design, configure, and scale our Payment Facilitator (PayFac) program. This role is critical to onboarding and managing sub-merchants, implementing payment instrumentation, ensuring regulatory and network compliance, and partnering with sponsor banks, processors, and internal teams to deliver a stable, scalable payments platform.
This is a hands-on role requiring deep understanding of the PayFac model, payment processing flows, merchant underwriting, and settlement mechanics.
Key Responsibilities
PayFac & Sub-Merchant Setup
- Configure and maintain PayFac and sub-merchant hierarchies, including master MIDs, sub-MIDs, MCCs, pricing, transaction limits, reserves, and settlement schedules.
- Own end-to-end sub-merchant onboarding workflows from application intake through activation and ongoing lifecycle management.
- Ensure accurate instrumentation of card-present, card-not-present, recurring, and marketplace payment flows.
Payment Instrumentation & Integrations
- Implement and support integrations with payment gateways and processors (e.g., Stripe, Adyen, Fiserv, Worldpay, TSYS, ).
- Configure payment methods including cards (Visa, Mastercard, Amex), ACH, wallets, and alternative payment methods.
- Support tokenization, network tokens, 3DS, fraud tools, and webhook-based event handling.
Risk, Compliance & Underwriting
- Partner with compliance and risk teams to implement and maintain KYC/KYB, AML, OFAC, sanctions screening, and ongoing monitoring.
- Validate merchant data, business models, expected volumes, and risk profiles to meet sponsor bank and card network requirements.
- Support chargeback monitoring, dispute workflows, fraud thresholds, and risk reviews.
Settlement, Funding & Reconciliation
- Configure settlement, funding, split payments, fees, reserves, and delayed payouts.
- Investigate and resolve funding exceptions, reconciliation breaks, and processor reporting discrepancies.
- Work closely with finance teams on ledger alignment, payout accuracy, and audit readiness.
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