Payment Processing Specialist at Magik

Job Description:

Latest job information from Magik for the position of Payment Processing Specialist. If the Payment Processing Specialist vacancy in United States matches your qualifications, please submit your latest application or CV directly through the updated Jobkos job portal.

Please note that applying for a job may not always be easy, as new candidates must meet certain qualifications and requirements set by the company. We hope the career opportunity at Magik for the position of Payment Processing Specialist below matches your qualifications.

Magik Brands is a pioneering direct response brand accelerator with over 20 years of experience creating and scaling industry-leading health, beauty, and pet care brands from concept to market. As a healthy nine-figure company with 300+ team members and 10+ million customers served, Magik combines scientific validation and expert partnerships with cutting-edge direct response marketing strategies to build high-impact brands that improve lives. The team leverages deep performance marketing expertise, rigorous testing, and a pod-based operating model to launch and scale DTC offers rapidly while maintaining a strong focus on operational excellence and customer experience.

Magik is recognized in the direct-to-consumer space for building doctor-formulated supplements, innovative skincare, and holistic pet nutrition brands, and is focused on growing from a nine-figure leader to a ten-figure portfolio while staying true to its values of fearless innovation, infinite growth, leadership, ownership, and heart & hustle.

• MID portfolio oversight: Monitor all merchant accounts across offers and traffic sources to ensure balanced volume, risk thresholds, and uninterrupted processing.
• Transaction routing & load balancing: Assign and adjust payment routing logic in the CRM to optimize approval rates, decline recovery, and MID longevity.
• Risk & compliance coordination: Track chargebacks, refunds, and velocity limits; flag risk issues early and coordinate with processors, banks, and compliance teams.
• Processor & gateway management: Act as the point person for processors, gateways, and underwriters, handling onboarding, updates, and day-to-day operational issues.
• Reporting & performance insights: Maintain dashboards for approval rates, chargebacks, refunds, and reserves, and surface actionable insights to leadership.
• Back-end execution & QA: Implement CRM-side changes (rules, offers, failovers) and QA live transactions to ensure clean, accurate payment flows.

• 5+ years of hands-on experience in payment processing, merchant services, or payments operations for high-volume e-commerce or DTC businesses.
• Deep, expert-level understanding of MIDs, gateways, and transaction routing logic across multiple processors.
• Proven track record managing multiple merchant accounts, monitoring risk metrics, and keeping portfolios within chargeback thresholds while scaling.
• Strong familiarity with chargeback programs, and dispute management.
• Experience working inside CRMs or checkout platforms used for DTC brands and subscription/continuity offers.
• High proficiency with spreadsheets and analytics tools to build and interpret payment performance reports and update dashboards as needed.
• Excellent communication skills and comfort working cross-functionally with operations, finance, marketing and external partners.

• Collaborate with a top-tier team that values pace, performance and collaboration.
• Enjoy the flexibility and autonomy of a remote work environment built on trust and accountability.
• Become a key part of our journey building amazing brands in health and wellness.

Job Info:

• Company: Magik
• Position: Payment Processing Specialist
• Work Location: United States
• Country: US

How to Submit an Application:

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