Senior Risk Analyst

IDT; Newark (NJ); On-site; USD 135,000 - 165,000; Full time

Job summary

National Retail Solutions (NRS) is seeking a Senior Risk Analyst to safeguard transactions and mitigate fraud. You will monitor real-time and historical merchant activity, investigate alerts, and collaborate with underwriting, compliance, and operations to strengthen risk controls.

The role requires a minimum of 2 years in risk analysis within payments, strong analytical and communication skills, and the ability to thrive in a fast-paced environment.

Qualifications

• Minimum 2 years of experience in risk analysis or fraud detection in payments.
• Strong analytical skills with ability to analyze transactional data.
• Deep understanding of payment ecosystems, fraud typologies, chargebacks, and risk scoring.
• Excellent communication and problem-solving abilities in a fast-paced environment.
• Ability to work in a hybrid Newark office three days per week.

Responsibilities

• Monitor real-time and historical merchant activity to detect fraud patterns.
• Analyze large data sets to identify risk trends and spikes.
• Create and refine rules, alerts, and reports in risk monitoring tools.
• Investigate alerts and fraud cases, documenting findings and recommendations.
• Collaborate with underwriting, compliance, and operations to align risk controls.
• Provide data-driven insights to improve risk strategies.
• Support improvement of internal tools and processes for risk detection.

Skills

Analytical thinking

Attention to detail

Communication

Problem-solving

Tools

Kount

Sift

Job description

National Retail Solutions (NRS) builds technology that helps small businesses thrive. We provide point-of-sale systems, payments, e-commerce, loyalty, and other tools that empower independent retailers nationwide. NRS PAY is a leader in merchant services, offering cutting-edge payment solutions that empower businesses to grow securely and efficiently. As we expand, we are seeking a detail-oriented and proactive Senior Risk Analyst to join our growing Risk team and to help identify, investigate, and mitigate transaction-related risks.

Role Overview

The Senior Risk Analyst role is critical in protecting the business from fraud and financial loss by proactively monitoring transaction trends, flagging suspicious behavior, and contributing to the ongoing development of our risk strategies and tools.

Key Responsibilities

• Monitor merchant and transaction activity in real-time and over time to detect patterns, anomalies, and potential fraud.
• Analyze large sets of data to identify risk trends, including chargebacks, returns, and unusual volume spikes.
• Create and refine rules, alerts, and reports in risk monitoring tools to flag suspicious behaviors.
• Investigate alerts, escalations, and potential fraud cases, documenting findings and making recommendations for next steps.
• Collaborate with underwriting, compliance, and operations teams to ensure alignment in risk controls and merchant reviews.
• Provide data-driven insights to support decision-making and improve risk strategies.
• Help improve internal tools and processes for risk detection and mitigation.

Requirements

• Minimum 2 years of experience in risk analysis or fraud detection, ideally within the merchant services or payments industry.
• Strong analytical skills with experience analyzing transactional data and identifying risk trends.
• Deep understanding of payment ecosystems, fraud typologies, chargebacks, and risk scoring systems.
• Excellent critical thinking, problem-solving, and communication skills.
• Ability to thrive in a fast-paced, high-volume environment.

Preferred Qualifications

• Experience working with fraud detection platforms (e.g., Kount, Sift, or similar).
• Familiarity with Visa, Mastercard, and NACHA compliance requirements.
• Experience with machine learning models or analytics platforms is a plus.
• Comfortable operating in a fast-paced, iterative environment with high ownership and accountability.
• Ability to work hybrid from our Newark office three days per week.

$150,000 - $150,000 a year