Merchant Risk Investigator Job

Key responsibilities:

1. Prevention and detection of potential fraud across all payment channels by reviewing the accounts of the customers
2. Work with data to understand patterns and antipatterns to determine risk activity ranging from fraud, AML, identity theft, KYC, and non-compliant activity as per RBI
3. Identify fraud risks and assess the adequacy of controls proactively to manage such risks including recommendation of enhanced or additional controls
4. Work with support areas such as operations, finance, settlements, risk analytics, compliance, and technology to ensure that a high level of control is maintained
5. Identify and follow up proactively on anomalies/areas of concern
6. Identify fraud patterns through the monitoring of high-risk users and merchants
7. Contribute to the creation of fraud rules by providing analytical data to support decisions
8. Monitor fraud alerts daily and take necessary action to protect customers
9. Update daily on any new fraud trends to senior management
10. Ensure information flow and deliverables are met to mitigate fraud by facilitating weekly calls with stakeholders

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Information above is Internshala's interpretation and paraphrasing of what we found on the shared link.