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Obsessed with the merchant experience
Senior Merchant Risk Analyst
Location
Australia
Posted
51 days ago
Salary
0
Seniority
Senior
Job Description
Senior Merchant Risk Analyst
mx51
• Review and evaluate new merchant applications for risk exposure, including credit risk, fraud potential, and regulatory compliance • Conduct due diligence & enhanced due diligence on merchants, including business verification, ownership structure, and industry risk classification based on regulatory requirements • Monitor existing merchant portfolios for unusual transaction patterns, chargeback trends, and signs of fraudulent activity • Analyze transaction data to detect fraud, illegal activities, money laundering indicators, or violations • Investigate and resolve chargeback disputes, fraud claims, and suspicious activity reports • Prepare risk reports and escalate high-risk cases to senior management to make informed onboarding decisions • Collaborate with internal and external stakeholders to resolve issues related to the merchant • Stay current on regulation changes, card scheme rules (Visa, Mastercard) and industry best practices • Driving process efficiency through an agile approach and strategic AI implementation • Submit SMR with relevant regulators
Job Requirements
- Bachelor's degree in Finance, Business, Economics, or a related field
- At least 8 years of experience within acquiring industry with strong knowledge on merchant risk, fraud operations, payments, or financial crime
- Strong Understanding of AUSTRAC, Scheme Regulation & PCI-DSS frameworks
- Exposure to high-risk merchant verticals (e.g., gaming, nutraceuticals, travel, CBD)
- Knowledge of chargeback management and dispute resolution processes
- Strong analytical and fraud investigative mindset
- Attention to detail and ability to work under pressure
- Clear written and verbal communication for documenting decisions
- Sound judgment in ambiguous or time-sensitive situations
- Ability to balance risk mitigation with merchant experience
- Proficiency in data analysis tools (Excel, SQL, or similar)
Benefits
- Work from overseas up to 4 weeks per year
- Annual team offsite
- Social events run by our social committee
- Swap a public holiday and take an alternative day off
- Paid leave for volunteering
- Employee Share Option Plan (subject to invitation)
- Paid parental leave for primary and secondary carers
- Novated lease and salary sacrifice options
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