Merchant Risk Analyst & Underwriting Specialist

Razer Inc.; Shah Alam; On-site; MYR 60,000 - 100,000; Full time

Job summary

Razer Inc. in Malaysia seeks a Merchant Risk Analyst & Underwriting Specialist to assess merchant applications, perform risk reviews, and ensure compliance with payment networks.

You will monitor merchant accounts, adjust limits, and collaborate with sales, operations and risk teams to drive safer, more efficient underwriting practices.

Ideal candidates have 1–3 years in underwriting or fraud prevention, and knowledge of KYC/KYB/AML and major card networks.

Qualifications

• Bachelor’s degree in Finance, Business, Risk Management, or a related field.
• 1–3 years in merchant underwriting, risk assessment, or fraud prevention.
• Knowledge of KYC, KYB, AML and fraud risk management frameworks.
• Familiarity with Visa, Mastercard, UnionPay payment schemes and compliance regulations.
• Experience with risk management tools, payment processing platforms, and CRM systems.
• Analytical mindset with strong problem-solving and decision-making abilities.
• Excellent communication and interpersonal skills.
• Willingness to perform shift duties and take on tasks as required.

Responsibilities

• Evaluate merchant applications and conduct risk assessments for account approval.
• Analyze transaction data and financial statements to assess merchant risk profiles.
• Ensure compliance with payment network rules and internal policies.
• Monitor merchant accounts and adjust limits or close accounts as needed.
• Perform ODD and periodic reviews of existing merchants.
• Communicate insights to sales, operations, and risk teams.
• Maintain records of underwriting decisions and monitoring activities.
• Identify process improvements in merchant risk management practices.
• Contribute to underwriting policy, workflows, and documentation.
• Perform shift duties and other tasks as required.

Skills

1-3 years experience

merchant underwriting

risk assessment

fraud prevention

KYC KYB AML

payment schemes knowledge

analytical thinking

communication skills

Education

Bachelor’s degree in Finance/Business/Risk Management

Job description

Merchant Risk Analyst & Underwriting Specialist

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.

Pre-Requisites :

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.

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Razer is the world’s leading lifestyle brand made For Gamers. By Gamers.

The triple-headed snake trademark of Razer is one of the most recognized logos in the global gaming and esports communities. With a fan base that spans every continent, Razer has designed and built the world’s largest gamer-focused ecosystem of hardware, software and services.

Razer is the world’s leading lifestyle brand made For Gamers. By Gamers.

The triple-headed snake trademark of Razer is one of the most recognized logos in the global gaming and esports communities. With a fan base that spans every continent, Razer has designed and built the world’s largest gamer-focused ecosystem of hardware, software and services.

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