The role has responsibility for developing and implementing risk assessment models in merchant onboarding other than KYC. Effective methods to identify unusual transaction patterns routed by the merchants. Support implementation of the risk management policy of the Company. Ensure that the Risk Services, Service Level Agreement with Business is implemented effectively and Support the Company in overall business development.
Thorough Implementation of Risk Plans
Achieve marketlevel fraud targets (issuing and acquiring, cross border acquiring etc)
Manage merchant risk relationships (risk committees forums, risk and security training, other)
Manage risk initiatives and process improvement projects
Support deployment of products and solutions by optimal risk assessment
With product team, manage merchant risk communications strategy
Support in addressing Merchant Settlement Risk, AML, Enterprise Risk Management and Risk Strategy Operations in risk identification and mitigation
Build relationship with industry stakeholders, regulator and law enforcement agencies
Reduce fraud and minimize the impact on operational and reputational risk
Managing investigation and prevent cases
Manage issuance of compromiserelated alerts, updates and fraud-related articles for clients (managing emerging fraud trends, Merchant monitoring best practices, etc.)
Manage escalations from law enforcement agencies and regulatory training seminars
Create market level medium term (3 years) fraud mitigating roadmaps to address emerging fraud trends
Achieve compliance targets
Reputation management and communications 3 With product team, manage risk communications strategy for large account lapses identified by VISA or through internal rules. Develop risk communications plan in identified segments.
Manage major compromise cases 3 analysis, account distribution, communications, follow-up, resolution etc.
Manage fraud account case follow-up from merchants, LEAs and Sales teams
Conduct training programs for relevant stakeholders.