Acquiring Products Risk Specialist

TN United Kingdom; London; On-site; GBP 45,000 - 80,000; Full time

Job summary

An established industry player seeks a dedicated Acquiring Products Risk Specialist to enhance their risk management function. In this pivotal role, you will collaborate closely with product and operations teams to identify and mitigate risks associated with merchant acquiring. Your expertise will be crucial in developing strategies to prevent fraud losses and improve operational resilience. This position offers a dynamic work environment where your contributions will directly impact the company's success. Join a forward-thinking organization that values innovation and proactive risk management in a vibrant London setting.

Benefits

Flexible working hours

Health support via GymPass

Enhanced maternity and paternity leave

Cycle-to-Work Scheme

Health and Life Insurance

Pension Scheme

25 days of annual leave plus bank holidays

Office snacks and friendly environment

Qualifications

• Expertise in merchant acquiring loss prevention and risk mitigation.
• Several years of operational risk management experience in regulated entities.

Responsibilities

• Monitor and assess risks, guiding risk leaders and managing frameworks.
• Develop strategies to minimize losses from fraud and chargebacks.

Skills

Risk Management

Fraud Prevention

Compliance

AML

Communication Skills

Education

Degree in Finance or related field

Professional Risk Management Certification

Tools

SQL

Risk Management Software

Job description

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Acquiring Products Risk Specialist, London

Client: Teya

Location: London, United Kingdom

Job Category: Finance

EU work permit required: Yes

Job Reference: 5df457403c13

Job Views: 3

Posted: 26.04.2025

Expiry Date: 10.06.2025

Job Description

As an Acquiring Products Risk Specialist within our second line Risk Management Function, you will focus on helping product and operations teams understand and manage their risks, conducting risk reviews and deep dives, and supporting oversight and advice. Your primary focus will be on Teya’s acquiring product loss prevention, including delayed delivery, fraud loss, and credit exposure.

Key areas of focus

• Extensive experience in merchant acquiring industry roles related to risk, compliance, fraud, underwriting, or AML.
• Experience in assessing and developing controls to minimize and mitigate merchant acquiring risks.
• Background in evaluating controls and proposing new rules to reduce fraud losses.

Responsibilities

Provide expertise on merchant acquiring loss prevention and risk mitigation, supporting the organization in minimizing operational risks, especially those inherent to our products, and assisting first-line risk leaders with risk management.

• Monitor and assess risks, challenge and guide risk leaders, and manage risk control frameworks.
• Build and monitor risk metrics, define targets, and support improvements.
• Develop strategies to minimize losses from fraud, chargebacks, refunds, insolvency, etc., collaborating with Product, Data, Engineering, and other stakeholders.
• Enhance onboarding and underwriting procedures for higher-risk merchants, with ongoing risk assessments.
• Support new product and jurisdiction launches, including status and metrics reporting to internal and external risk committees.
• Assist the CRO and risk team with other activities as needed.

Qualifications

• Expertise in merchant acquiring loss prevention and risk mitigation.
• Experience working within UK and EU regulatory regimes.
• Risk management experience from second- or third-line control functions is preferred.
• Highly organized, proactive, and resilient with strong communication skills.
• Several years of professional operational risk management experience, ideally in a regulated entity.

Nice to Have

• Experience managing daily risks across stakeholders.
• Background in risk management of similar entities.
• Data-driven decision-making skills.
• Familiarity with SQL, data warehouse tools, or risk management software.
• Proactive learning and change management abilities.
• Excellent communication skills and capability to deliver under pressure.

Additional Information

The Perks

• Flexible working hours.
• Health support via GymPass, including mental health resources.
• Enhanced maternity and paternity leave options.
• Cycle-to-Work Scheme.
• Health and Life Insurance.
• Pension Scheme.
• 25 days of annual leave plus bank holidays.
• Office snacks and a friendly environment in Central London.