RCU Merchant Acquiring Risk

Role : Merchant Acquiring Risk

Grade : M4 / M5

Location : Goregaon, Mumbai

Review transactions being processed at acquired merchant via all channels like UPI, POS, PG

Check on merchant behaviour and detect 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

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

Prerequisites :

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