Acquiring Products Risk Specialist

As an Acquiring Products Risk Specialist within in our second line Risk Management Function you will be in a handson role focussing on primarily helping product and operations teams to understand and manage their risks doing risk reviews and deep dives supporting with oversight and advice primarily focussing on Teyas acquiring product loss prevention including delayed delivery fraud loss and credit exposure.

Key areas of focus

•  Extensive background working in the merchant acquiring industry within risk second line oversight compliance fraud underwriting and or AML roles.
•  Have experience assessing and developing controls to minimise and mitigate against loss from the risks arising from merchant acquiring.
•  Background of assessing controls and suggesting new rules or mechanisms to reduce fraud losses.

What you will be doing

Provide subject matter expertise on Merchant Acquiring loss prevention and risk mitigation including from Delayed Delivery Fraud and or merchant underwriting across the organisation to further minimise Teyas exposure to relevant operational risks particularly inherent to our product offering and to support first line risk leaders with risk management and mitigation.

•  Monitor measure and assess risk challenging and guiding the first line risk leaders and managing a framework of risk control testing and reporting relevant to a credit undertaking operating mainly with payments and cards across Europe and as an EMI in the UK.

•   Build and monitor relevant risk metrics. You will aid in defining building maintaining and monitoring key metrics and help set targets for improvements of such key indicators.

•   Build and monitor both global regional and member specific strategies to minimise loss from fraud chargeback refunds insolvency etc. supporting the identification of key investments needed with Product Data Engineering and other relevant stakeholders.

•   Support the development of onboarding procedures for enhanced identification of higher risk merchants and ongoing improvement of relevant underwriting procedures with relevant internal stakeholders as well as ongoing monitoring and continued risk assessments of members.

•   Build and monitor both global regional and business specific strategies to minimise relevant product risk supporting the identification of key investments needed with Product Data Engineering and other relevant stakeholders.

•   Develop risk acceptance procedures and support Product development with enhancements of automated procedures of identifying relevant product risks and to monitor such effectively.

•   Support new product and jurisdiction launches.

•   Assisting in status and metrics reporting for product risks within regions jurisdictions relevant regulated entities to internal risk committees as well as external when needed

•   Support the CRO and members of the Risk team in his other activities and responsibilities as needed.

Qualifications :

•  Be a subject matter expert in Merchant Acquiring loss prevention and risk mitigation such as from chargebacks delayed delivery fraud loss and credit exposure.  
•   Having worked under UK and EU regulatory regimes.
•   Good to have risk management experience from a second and or thirdline control function.
•   You are highly organized and unafraid to challenge and motivate yourself and others.
•   Strong collaboration communication and relationship building skills.
•   A strong sense of ownership resilience and drive to make an impact.
•   Several years of professional experience ideally including some years in operational risk management within a second line function of a regulated entity.

What Were Looking for Nice to have: 

•     Experience in managing daytoday risk across a variety of internal stakeholders.
•     A strong background from risk management of a similar entity in similar business.
•     Trackrecord of making data driven decisions.
•     You are familiar with using SQL to extract and analyse data and or other data warehouse tools and or risk management tools.
•     Proactive in seeking and updating relevant knowledge and managing change to such with colleagues and teams across the business (project management experience a plus).
•     Excellent written and verbal communication skills.
•     The ability to execute on and deliver complex operational tasks under stressed conditions.

Additional Information :

The Perks

• We trust you so we offer flexible working hours as long it suits both you and your team;

• Physical and mental health support through our partnership with GymPass giving free access to over 1500 gyms in the UK 11 therapy meditation sessions digital fitness and nutrition apps;

• Our company offers extended and improved maternity and paternity leave choices giving employees more flexibility and support;

• CycletoWork Scheme;

• Health and Life Insurance;

• Pension Scheme;

• 25 days of Annual Leave Bank Holidays);

• Office snacks every day;

• Friendly comfortable and informal office environment in Central London.

Remote Work :

No

Employment Type :

Fulltime