Merchant Fraud Specialist

1 week ago


Allahabad, Uttar Pradesh, India beBeeRisk Full time ₹ 86,40,000 - ₹ 1,22,40,000

Key Responsibilities:

  • Review transactions across various payment channels to identify potential merchant fraud.
  • Conduct thorough analysis of merchant behavior to detect and prevent fraudulent activities.
  • Examine documents submitted by merchants in cases of escalated or observed fraud, and verify their authenticity.
  • Communicate with stakeholders within the unit regarding identified fraud patterns and trends.
  • Recommend rule creation for enhanced merchant monitoring based on observed patterns.
  • Stay updated on industry-wide fraud trends and methodologies to maintain a proactive approach to preventing merchant fraud.
  • Collaborate with concerned teams to obtain necessary data.
  • Prepare and submit reports (MIS) to relevant stakeholders.
  • Independently facilitate discussions with stakeholders regarding new requirements or enhanced surveillance measures.

Requirements:

  • A minimum of 3 years' experience in fraud monitoring and analysis.
  • Sound understanding of merchant acquiring, payment aggregator business, and UPI-related fraud.
  • Proficiency in MS Excel, including filters, pivot tables, charts, and lookup functions.
  • Knowledge of SQL programming is an asset.
  • An educational background in Engineering, Statistics, or Econometrics is preferred but not required.


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