
Merchant Acquiring Risk Management Position
2 weeks ago
We are seeking a seasoned professional to fill the position of Merchant Acquiring Risk Manager. The ideal candidate will have a strong background in fraud monitoring and analysis, with excellent analytical and problem-solving skills.
About the Role:
- Transaction Review: Conduct thorough examinations of transactions being processed at acquired merchants via various channels, including UPI, POS, and payment gateways.
- Fraud Detection: Identify and analyze patterns of suspicious behavior and detect fraudulent merchants.
- Document Verification: Examine and verify documents received from merchants during escalations or fraud investigations.
- Stakeholder Communication: Inform and update stakeholders across the unit on identified frauds and trends.
- Rule Creation: Collaborate with teams to create rules for merchant monitoring based on observed patterns.
- Fraud Prevention: Stay up-to-date with industry trends and methods of operation (MOs) to prevent merchant-related fraud.
- Data Analysis: Prepare and submit Management Information Systems (MIS) reports to relevant stakeholders.
- Stakeholder Engagement: Drive discussions with stakeholders to identify new requirements and enhance surveillance.
Prerequisites:
- Experience: Minimum 3 years of experience in fraud monitoring and analysis.
- Understanding: Strong grasp of merchant acquiring, payment aggregator business, and UPI fraud concepts.
- Technical Skills: Proficiency in MS Excel, including filters, pivot tables, charts, and lookup functions.
- Coding Skill: Knowledge of SQL programming is desirable.
- Educational Background: Engineering, Statistics, or Econometrics degree preferred.
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