Joining Razer will place you on a global mission to revolutionize the way the world games. Razer is
a place to do great work, offering you the opportunity to make an impact globally while working across a global team located across 5 continents. Razer is also
a great place to work, providing you the unique, gamer-centric experience that will put you in an accelerated growth, both personally and professionally.
Job Responsibilities
As a Merchant Risk and Underwriting Specialist, you will play a crucial role in assessing and managing risks associated with merchant accounts. You will be responsible for underwriting new merchant applications, conducting risk assessments, and implementing strategies to mitigate potential fraud and financial losses. This role requires strong analytical skills, attention to detail, and a thorough understanding of payment processing regulations and industry best practices.
- Evaluate merchant applications and conduct comprehensive risk assessments to determine eligibility for account approval.
- Recommend approval, conditional approval, or rejection of merchant applications based on risk assessment.
- Conduct thorough evaluation of new merchant applications, including Know Your Customer (KYC), Know Your Business (KYB), and anti-money laundering (AML) checks.
- Analyze transaction data, financial statements, and other relevant information to assess merchant risk profiles and identify potential red flags.
- Perform risk assessment based on merchant business model, industry, geography, and transaction patterns.
- Ensure compliance with payment network rules, regulations, and internal policies governing merchant account management and underwriting procedures.
- Prepare and maintain underwriting documentation and reports for internal review and audit purposes.
- Monitor merchant accounts for changes in risk profiles and implement appropriate risk management strategies, including account monitoring, limit adjustments, and account closures.
- Perform ODD and periodic reviews of existing merchants to detect suspicious activities.
- Act as a point of contact for merchant queries related to onboarding and risk assessments.
- Work closely with sales, operations, compliance, and finance teams to provide risk guidance.
- Maintain accurate and detailed records of merchant underwriting decisions, risk assessments, and account monitoring activities.
- Identify opportunities for process improvement and optimization in merchant risk management practices, driving efficiency and effectiveness.
- Assist in developing and improving underwriting policies, workflows, and documentation.
- Perform shift duties and undertake any other tasks assigned by the management as required.
Pre-Requisites
- Bachelor's degree in Finance, Business, Risk Management, Accounting, or related field.
- Minimum 1-3 years of experience in merchant underwriting, financial risk management, or payment processing.
- Strong knowledge of KYC (Know Your Customer), KYB (Know Your Business), AML (Anti-Money Laundering), and PEP (Politically Exposed Person) screening.
- Understanding of high-risk merchant profiling and eCommerce business models.
- Familiarity with payment industry regulations, card schemes (Visa, Mastercard, etc.), and risk mitigation practices.
- Strong analytical, investigative, and decision-making skills.
- Ability to work in a fast-paced environment and handle multiple tasks efficiently.
- Excellent communication skills, both verbal and written.
Pre-Requisites
Razer is proud to be an Equal Opportunity Employer. We believe that diverse teams drive better ideas, better products, and a stronger culture. We are committed to providing an inclusive, respectful, and fair workplace for every employee across all the countries we operate in. We do not discriminate on the basis of race, ethnicity, colour, nationality, ancestry, religion, age, sex, sexual orientation, gender identity or expression, disability, marital status, or any other characteristic protected under local laws. Where needed, we provide reasonable accommodations - including for disability or religious practices - to ensure every team member can perform and contribute at their best.
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