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Experience
2 - 6 Years
Job Location
Education
MBA/PG Diploma in Business Mgmt(Finance)
Nationality
Any Nationality
Gender
Any
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
1. Fraud Monitoring & Analysis · Monitor post transaction fraud alerts across payments channels · Analyze suspicious transactions and customer behaviour to detect potential fraud patterns · Conduct detailed investigations on reported fraudulent cases & prepare incident reports · Utilize fraud monitoring tools such as Cybersource and Brighterion for alert handling & rule management. 2. Experience in Payment Gateways · Manage activities related to Ecommerce Fraud Acquiring via CyberSource, MPGS & Brighterion platforms. · Support fraud rule tuning, configuration and system enhancement to optimize fraud detection and transaction acceptance rates. · Work with gateway vendors to test, validate and deploy new fraud management functionalities. 3. Risk Assessment & Control · Assess merchant & customer risk profiles during onboarding & ongoing reviews · Perform transaction-level risk analysis to identify anomalies or deviations from normal behaviour. · Support the development of risk scoring models and rules to enhance fraud detection accuracy · Recommend improvements in controls to minimize exposure to operational and fraud risks. · Evaluate chargeback trends and identify root causes to recommend preventive controls. 4. Reporting & Documentation · Prepare daily, weekly & monthly fraud & risk performance reports. · Maintain detailed documentation for all investigations, findings and actions taken · Share insights & emerging fraud trends with management. 5. Policy, Compliance & Coordination · Ensure adherence to internal risk & compliance policies as well as card scheme mandates · Ensure scheme compliance mandates are regularly reviewed to avoid any financial penalties. · Liaise with banks, payment processors, law enforcements and other stakeholders for fraud case resolution. · Assist in drafting SOPs and control documentation for fraud prevention processes. 6. Continuous Improvement & Training · Stay updated with the latest fraud trends, schemes and technologies in the payments ecosystem. · Support training initiatives for staff and merchants on fraud awareness and prevention
Desired Candidate Profile
Experiences • Minimum 2 years of experience in fraud prevention, risk analytics or transaction monitoring in Merchant Acquiring Business • Strong knowledge of merchant acquiring lifecycle – onboarding, transaction processing, settlement, dispute management, and reconciliation. Main Tasks • Perform due diligence on new merchants (KYC, business model, financials) • Conduct risk profiling and assign risk ratings • Identify high risk categories • Recommend mitigation controls before approval • Monitor merchant transactions for suspicious patterns or anomalies. • Recommend rule tuning and control enhancements • Analyze chargeback trends by merchant and MCC • Identify and mitigate repeated offenders • Liaise with Chargeback Unit and scheme partners for resolution • Ensure compliance with acquirer risk policy, AML/CFT and scheme rules • Maintain proper documentation for risk approvals and exceptions • Support internal and external audits by providing required data • Participate in policy and framework updates
Employment Type
- Full Time
Company Industry
Keywords
- Risk Assessment
- Statistical Tools
- Risk Management Framework
- Operational Risk Analyst
- Risk Assessment Officer
- Risk Specialist
- Credit Risk Analyst
- Financial Modeling
Dicetek LLC
Dicetek is a global IT Solutions and Services Company established in 2006 with its corporate headquarters in Singapore. We continue to expand our global network while providing value-added cost-effective consulting services to our clients. DICETEK has operational offices in India, UAE, Singapore & USA. As a world-class company with a regional focus, we primarily concentrate on providing Information Technology Solutions and Professional Consulting Services, across different verticals like Banking & Financial Services, Telecom, Government, Oil & Gas, Logistics, Supply Chain, Real Estate & Manufacturing. We have a solid reputation in the technology industry for providing excellent services to our clients. Our values are represented by our integrity, thought leadership, and commitment to maintaining a high-level of excellence in the constantly evolving world of Information Technology.
Read MoreRizwana Ashfaq Ashfaq - Manager- Talent Acquisition
Office No. 307 - 3rd Floor, New Century Tower, Port Saeed Road,Opp. Deira City Centre, Dubai - United Arab Emirates., Dubai, United Arab Emirates (UAE)