Merchant Risk & Underwriting Specialist

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

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.