Associate, Fraud Prevention and Authorizations

RCBC Bankard Services Corporation; Metro Manila; On-site; PHP 240,000 - 360,000; Full time

Job summary

RCBC Bankard Services Corporation is seeking a Credit Authorizer to handle On-Us and Off-Us transactions according to approved policies. You will review accounts for fraud, and decide on authorization requests and reversals, including call referrals and BIN verification.

Real-time analysis using EMS and VRM is required to counter fraud and ensure secure card usage for Issuing and Acquiring business lines.

Qualifications

• Graduates of a four-year college, preferably business.
• At least 1 year of experience as a Credit Authorizer.
• Extensive knowledge of card authorization and fraud detection.
• Familiarity with EMS/VRM or other fraud monitoring tools.
• Knowledge of card networks and internal response codes.
• Experience with Ascend System or related credit/debit platforms.
• Understanding end-to-end card lifecycle from application to usage.

Responsibilities

• Process On-Us and Off-Us credit card transactions in accordance with policies.
• Review accounts and render decisions on fraud-related tasks.
• Handle authorizations, reversals, call referrals, and BIN verification.
• Perform real-time fraud reviews using EMS/VRM to mitigate risk.

Skills

Credit authorization

Fraud detection

EMS/VRM tools

Network knowledge

Ascend/credit-debit systems

End-to-end card lifecycle

Education

Bachelor’s degree (4-year)

Tools

Ascend System

Fraud monitoring tools

Job description

Job Purpose

• Responsible for processing On-Us and Off-Us credit card transactions on RCBC Bankard Services Corporation acquired establishments or those referred by other card acquirer in accordance with the approved Authorization Policies and Procedures.
• Conducts review and decides on accounts as part of fraud-related tasks.
• Processes and manages all authorization requests, reversal, including call referral, Code 10 (Suspected Fraud) and BIN (Bank Identification Number) verification received through phone, fax or email ensuring that all possible risks are mitigated and properly assessed.
• Performs immediate rear real time review of fraud detection tools such as FDM (ASCCEND Fraud Detection Module), EMS (Expert Monitoring System) for MasterCard and VRM (Visa Risk Manager). Authorizer must render correct & timely decisions to combat fraud for both issuing and acquiring business.

Job Requirements

• Graduate of any four-year college course preferably business course
• At least a year of experience of being a Credit Authorizer
• Must have extensive knowledge and experience on card authorization processes and fraud detection
• Knowledgeable on EMS (expert monitoring system) and VRM (Visa Risk Manager) or any FRAUD Monitoring program/tools
• Knowledgeable on network and Internal response codes
• Knowledgeable on Asccend System or related credit/debit system
• Must have a general understanding of the end-to-end process of card application, card creation to card usage.