
Merchant Acquiring Risk Specialist
23 hours ago
We are seeking a skilled Merchant Acquiring Risk Specialist to join our team. The successful candidate will be responsible for reviewing transactions, detecting and investigating fraudulent merchants, and communicating with stakeholders across the unit on frauds and patterns observed.
The ideal candidate will have at least 3 years' experience in fraud monitoring and analysis, a strong understanding of merchant acquiring and payment aggregator business, UPI fraud, and proficient handling of MS Excel.
A bachelor's degree in Engineering, Statistics, or Econometrics is preferred, but not required. Coding skills in SQL are a plus.
About the Role- Key Responsibilities:
- Review transactions being processed at acquired merchants via all channels like UPI, POS, PG.
- Detect and investigate fraudulent merchants.
- Examine and verify documents received from the merchant in the event of escalations / fraud observed.
- Communicate and inform stakeholders across the unit on frauds and patterns observed.
- Inform rule creation for merchant monitoring based on patterns observed.
- Stay up-to-date with fraud trends and MOs in the industry to prevent merchant fraud.
- Collaborate with concerned teams for data requirements.
- Prepare and submit MIS reports to all concerned stakeholders.
- Lead discussions with stakeholders on new requirements / enhanced surveillance.
- Minimum Qualifications:
- At least 3 years' experience in fraud monitoring and analysis.
- Strong understanding of merchant acquiring, payment aggregator business, UPI fraud.
- Proficient handle on MS Excel - filters, pivot, charts, lookup, etc.
- Coding skills in SQL are a plus.
- Educational background in Engineering, Statistics, or Econometrics is preferable.
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