Merchant Risk & Underwriting Pro

Razer Merchant Services Sdn. Bhd.; Shah Alam; On-site; MYR 60,000 - 120,000; Full time

Benefits offered by this job

Great Place to Work certification

Inclusive workplace

Job summary

Razer Merchant Services Sdn. Bhd. is seeking a Merchant Risk and Underwriting Specialist to assess and manage risks associated with merchant accounts.

You will underwrite new merchant applications, perform risk assessments, and implement strategies to mitigate fraud and financial losses. This role requires strong analytical skills, attention to detail, and knowledge of payment processing regulations. You will collaborate with sales, operations, and risk teams, maintain records, and continuously

Qualifications

• Bachelor's degree in Finance, Business, Risk Management or 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 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.

Responsibilities

• Evaluate merchant applications and conduct risk assessments for approval.
• Analyze transaction data and financials to assess risk profiles.
• Ensure compliance with payment network rules and internal policies.
• Monitor merchant accounts and adjust limits; handle closures.
• Conduct ODD and periodic reviews to detect suspicious activities.
• Collaborate with sales, operations, and risk teams to improve strategies.
• Maintain records of underwriting decisions and monitoring activities.
• Identify process improvements in merchant risk management.
• Assist in developing underwriting policies and workflows.

Skills

Risk assessment

Underwriting

Fraud prevention

KYC/KYB/AML

Payment processing

Analytical

Communication

Education

Bachelor’s degree in Finance, Business, Risk Management

Tools

CRM systems

Risk management tools

Payment processing platforms

Job description

Razer Merchant Services Sdn. Bhd. is seeking a Merchant Risk and Underwriting Specialist to assess and manage risks associated with merchant accounts.

You will underwrite new merchant applications, perform risk assessments, and implement strategies to mitigate fraud and financial losses. This role requires strong analytical skills, attention to detail, and knowledge of payment processing regulations. You will collaborate with sales, operations, and risk teams, maintain records, and continuously