Merchant Risk Analyst & Underwriting

Razer; Shah Alam; On-site; MYR 60,000 - 90,000; Full time

Job summary

Razer is seeking a Merchant Risk and Underwriting Specialist to assess and manage risks in merchant accounts. The role involves underwriting new applications, conducting risk assessments, and implementing strategies to prevent fraud and loss.

You will work across a global team to uphold payment regulations and internal policies. The candidate should have 1-3 years of relevant experience, a finance-related degree, and strong skills in KYC/KYB/AML, data analysis, and stakeholder communication.

Qualifications

• Bachelor’s degree in Finance, Business, Risk Management, or related field.
• Experience in merchant underwriting, risk assessment, or fraud prevention preferred.
• Strong understanding of KYC, KYB, AML and fraud risk frameworks.
• Familiarity with Visa, Mastercard, UnionPay and payment regulations.

Responsibilities

• Underwrite new merchant applications and conduct risk assessments to determine eligibility.
• Analyze transaction data and financials to assess merchant risk profiles and flag red flags.
• Ensure compliance with payment network rules, regulations, and internal policies.
• Monitor merchant accounts for changes in risk and adjust limits or close accounts as needed.
• Perform ODD and periodic reviews to detect suspicious activities.
• Document underwriting decisions and risk assessments; communicate with sales, operations and risk teams.
• Identify process improvements and contribute to underwriting policy updates.
• Participate in shift duties and other tasks as required by management.

Skills

Analytical thinking

Attention to detail

Communication skills

Risk management

KYC/KYB/AML knowledge

Payment processing platforms

Education

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

Tools

CRM systems

Risk management tools

Payment processing platforms

Job description

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 #LifeAtRazer 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.

Job Description:
Evaluate merchant applications and conduct comprehensive risk assessments to determine eligibility for account approval.Analyze transaction data, financial statements, and other relevant information to assess merchant risk profiles and identify potential red flags.Ensure compliance with payment network rules, regulations, and internal policies governing merchant account management and underwriting procedures.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.Communicate effectively with internal stakeholders, including sales, operations, and risk management teams, to provide insights and recommendations on merchant risk management strategies.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, or a related field.1-3 years of experience in merchant underwriting, risk assessment, or fraud prevention (eCommerce payments experience is a plus).Strong understanding of KYC, KYB, AML (Anti-Money Laundering), and fraud risk management frameworks.Familiarity with payment schemes (Visa, Mastercard, UnionPay) and compliance regulations.Proficiency in using risk management tools, payment processing platforms, and CRM systems.Analytical mindset with strong problem-solving and decision-making abilities.Excellent communication and interpersonal skills.Ability to work in a fast-paced environment and handle multiple tasks efficiently.Must be willing to perform shift duties and accept any tasks assigned by management as required.

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.

Are you game?