Global Merchant Risk & Underwriting Lead

Razer Merchant Services Sdn. Bhd.; Shah Alam; On-site; MYR 120,000 - 180,000; Full time

Job summary

Razer Merchant Services Sdn. Bhd. is seeking a Merchant Risk Analyst & Underwriting Manager to manage complex merchant risk assessments and robust risk controls across payment channels.

You will lead Enhanced Due Diligence (EDD), assess high‑risk merchants, and translate risk insights into practical actions. Collaboration with stakeholders and regulatory compliance are key. The role requires hands‑on underwriting experience, regulatory awareness across multiple jurisdictions, and the ability to

Qualifications

• Bachelor’s degree in Finance, Business Administration, Economics, Risk Management, or related field.
• Professional certifications in Risk, Compliance, or Fraud Management (e.g., CAMS, CFE, FRM) are an added advantage.
• 5–8 years of experience in risk analysis, underwriting, fraud management, or merchant risk within payments, fintech, banking, or e‑commerce.
• Strong knowledge of KYC, KYB, AML/CFT, Sanctions Screening, EDD and ODD.
• In‑depth understanding of card schemes and payment ecosystems (Visa, Mastercard).

Responsibilities

• Lead risk assessment and underwriting for merchant applications, including high‑risk cases.
• Perform Enhanced Due Diligence (EDD) and assess risks across business model, MCC, transaction flow, and geography.
• Make approval, conditional approval, or rejection decisions based on risk and business considerations.
• Oversee Ongoing Due Diligence (ODD) and ensure regulatory, card scheme, and payment channel compliance.
• Mentor junior analysts, review cases, and guide decision‑making to maintain risk standards.
• Develop and refine underwriting frameworks, EDD/ODD processes, and risk controls.

Skills

Risk analysis

Underwriting

Fraud management

KYC/KYB

AML/CFT

EDD/ODD

Card schemes

Education

Bachelor’s degree in Finance, Business Administration, Economics, Risk Management, or related field

Job description

Razer Merchant Services Sdn. Bhd. is seeking a Merchant Risk Analyst & Underwriting Manager to manage complex merchant risk assessments and robust risk controls across payment channels.

You will lead Enhanced Due Diligence (EDD), assess high‑risk merchants, and translate risk insights into practical actions. Collaboration with stakeholders and regulatory compliance are key. The role requires hands‑on underwriting experience, regulatory awareness across multiple jurisdictions, and the ability to