Senior Risk Analyst



England, UK
Posted on Thursday, June 27, 2024


Rapyd has unified payments, payouts and fintech on one worldwide platform, and we’re assembling the world’s best team to liberate global commerce. With offices in Tel Aviv, Amsterdam, Singapore, Iceland, London, Dubai, Hong Kong, and the U.S., the opportunities at Rapyd are limitless.

We believe in straight talk, quick decisions, strong execution and elegant solutions. Rapyd is where hard work pays off and careers take off. Join us and let’s build the future of fintech together.

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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

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