Risk Analyst

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icon Banking & Finance



A well-established international payment solutions company with offices in Cyprus and Germany, are working with GRS to recruit a Risk Analyst to join their team.  The successful candidate must have previous experience as a Risk Analyst within the Payment Solutions industry and will be involved in facilitating the underwriting and onboarding of merchants and will handle risk-related queries.  If you are looking to join one of the market leaders in payment solutions, we are looking forward to receiving your application
  • Facilitate merchant underwriting and onboarding
  • Handle risk-related queries of prospective and existing merchants.
  • Identify and explore new approaches and data sources to support improvements to existing and new fraud prevention strategies.
  • Solve risk-related issues with the merchants
  • Facilitate merchant underwriting and onboarding
  • Monitor merchant portfolio to flag and identify suspicious activity
  • Generate reports and insights regarding fraud and merchant’s activity
  • Reviewing and monitoring Fraud and Chargeback levels as per Card Scheme regulations and internal accepted levels and provide proactive notifications to the wider Risk team, Management, merchants, and other stakeholders
  • Identify system improvements to prevent fraudulent activities and ensure confidentiality of all information collected from tools
  • Analyze and monitor transactions to discover anomalies and suspicious activity to prevent fraud and chargebacks
  • Review transnational pattern that does not fit the expected merchant activity and perform investigation to ensure compliance with Card Scheme regulations, internal policy and procedures
  • Generate reports and insights regarding fraud and merchants’ activity
  • Evaluate existing procedures to refine and optimize transactions monitoring process
  • Provide support for periodical and ad-hoc reviews and audits
  • Continuous process improvement and sharing best practices
  • On-call duties to cover the monitoring function on the Antifraud system with the aim of testing new features, the effectiveness of the changes, new releases, etc.
  • Daily risk checks to conduct risk assessments and ensure that merchant risk is managed and under control
  • Coordinating and translate into action day-to-day work with the policies of the company
  • Prior experience working in the payments industry
  • Ability to anticipate problems, opportunities, and the initiative to pursue solutions
  • Understanding of Card Scheme (Visa, Mastercard) rules/regulations and internal procedures that affect risk, fraud and dispute processing and ability to clarify them to internal and external stakeholders
  • Advanced Excel knowledge and experience
  • Excellent investigation skills
  • Detail-oriented, organized and have the ability to multi-task
  • Able to work in an independent way, while at the same time to be a strong collaborator, connecting with colleagues and sharing ideas to improve effective teamwork
  • Take initiative, ownership and committed to challenge the status quo
  • Enjoys a fast-paced environment where priorities may shift quickly
  • Analytical skills to identify and assess potential fraud and compliance issues and ability to escalation when appropriate
  • High level of self-motivation to define structure and prioritize workload
  • Excellent written and verbal communication in English; additional languages are a plus
  • Competitive remuneration package based on skills and experience
  • Ability to work remotely
  • Be part of a team of professionals in the fintech industry
Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.
To apply for this position, please email your CV to Zoe Andreou, zoe@grsrecruitment.com quoting the above job reference or call +357 25 342 720 for further information.
Job Summary
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    30 July 2021
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  • 1354
  • zoe@grsrecruitment.com