
Merchant Acquiring Risk Professional
3 days ago
The role of a Merchant Acquiring Risk Specialist involves reviewing transactions and detecting fraudulent merchants. You will be responsible for examining documents, communicating with stakeholders, and preparing MIS reports.
This position requires a strong understanding of fraud trends, merchant acquiring, and payment aggregator business. A good grasp of MS Excel is necessary, along with coding skills in SQL. An educational background in Engineering, Statistics, or Econometrics is preferred.
Key Responsibilities- Review transactions being processed at acquired merchants via all channels.
- Check on merchant behavior and detect fraudulent merchants.
- Examine and verify documents received from the merchant in the event of escalations or fraud observed.
- Communicate and inform stakeholders across the unit on frauds and patterns observed.
- Inform rule creation for merchant monitoring based on patterns observed.
- Keep abreast of fraud trends and MOs in the industry to prevent merchant fraud.
- Follow up with concerned teams for data requirements.
- MIS preparation and submission to all concerned stakeholders.
- Independently drive discussions with stakeholders on new requirements/enhanced surveillance.
- 3+ years' experience in fraud monitoring and analysis.
- Good understanding of merchant acquiring, payment aggregator business, UPI fraud.
- Strong handle on MS Excel - filters, pivot, charts, lookup, etc.
- Coding in SQL is a plus.
- Educational background in Engineering, Statistics, Econometrics preferable.
A challenging role with opportunities for growth and development. Join our team and contribute to preventing merchant fraud.
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