Rapyd Senior Risk Analyst 

United Kingdom, England 

736307837

Get the tools to grow globally at . Follow: , , ,

This is a key role within the Risk function undertaking proactive risk reviews of larger credit / fraud exposures and complex/high risk merchants or partners.

You will provide high-quality risk advice to business and operational functions including enhancing standards (framework, methodologies, policies, guidelines and/or procedures) for underwriting, fraud and card scheme related matters.

As a Risk Analyst you will be responsible for:

• Assess credit and fraud risk for new and existing merchants and approval of high exposure merchant facilities within delegated authority or via escalation.
• Management and completion of financial / non-financial reviews of merchant facilities, liaising with Partners, Relationship Managers and merchants with regards to information / documentation
• Review of problem merchants recommending risk mitigation strategies and liaising with external bodies e.g., administrators etc.
• Work with merchants on chargeback or dispute solutions and provide guidance towards merchant’s risk performance improvement plans
• Liaison with merchants and card schemes in relation to merchant risk programs
• Escalation of concerns with emerging problem sectors which may require more stringent controls/policy guidelines introduced
• Liaison with Business and Operations where poor-quality merchants are identified to ensure appropriate training/guidance is given and where improvement is not seen consideration given to exiting the relationship
• Provide suggestions on current merchant risk related products, policies, and processes in order to improve the operational effectiveness
• Diary management of the actions agreed at Customer Approval and Portfolio Performance Committee – prompting owners to ensure actions are delivered on time or deferments sought where appropriate
• Adhere to the business ethics policies established by the firm.
• Adhere to the physical and information security requirements found in the firm’s security manual.
• Share your own expertise and develop your own skills and knowledge in accordance with the scope of work and needs identified by the company.
• Perform related duties as assigned by the line manager for the benefit of the organization

• 5+ years of experience in fraud / credit risk / card scheme risk in acquiring product and payment industry;
• Detailed understanding of Credit Risk and merchant underwriting
• Strong financial analysis skills
• Strong communication skills
• Strong teamwork / collaboration
• Effective decision making
• Effective time management / planning & organization
• Strong attention to detail
• Good understanding of Google suite of products, including Google Sheets, Google Docs and Google Slides