Underwriter - Risk & Compliance

As an Underwriter at our company, you will be responsible for utilizing your in-depth knowledge of the core product to identify risks effectively. You will closely collaborate with the operations and support teams to assess risks and review activations for negative line of business. If merchants do not meet the criteria, you will be required to reject them and communicate the reasons for rejection. Monitoring activated and live merchants to ensure compliance with the registered line of business will be a crucial part of your role. Your responsibilities will also include monitoring transactions to detect potential risks and frauds, documenting fraudulent activities, segregating merchants based on risk levels, and handling transaction disputes in case of discrepancies. You will liaise with partner banks to manage chargebacks and customer disputes while engaging with merchants to understand their risk mitigation strategies. Additionally, you will play a pivotal role in identifying opportunities to automate risk mitigation processes and collaborate with the product and sales teams to develop a robust risk engine for fraud prevention. Building strong relationships with banks, CPV companies, and vendors to address daily queries effectively will be a part of your routine. Staying updated on industry best practices related to risk and fraud management is essential for success in this role. The ideal candidate for this position should have a comprehensive understanding of appraisal methodologies for different types of self-employed borrowers seeking unsecured credit limits. A minimum of 2 years of experience in credit underwriting within a Bank, NBFC, or Fintech institution is preferred. Qualifications such as B.Com/MBA/CA/CS/ICWA will be advantageous. This is a full-time position, and the salary offered will be as per the company's standards. If you have more than 3 years of relevant professional work experience and possess the required skills and qualifications, we encourage you to apply for this challenging opportunity.,