Merchant Acquiring Underwriter

About Wio BankAt Wio Bank, we’re not building a traditional bank — we’re redefining banking for a digital-first world. Through innovative technology and seamless experiences, our teams work together to create meaningful financial products at scale. As we grow and launch new products, we’re looking for curious minds, bold thinkers, and builders who want to shape the future of banking with us. If you’re excited to grow, make an impact, and be part of a bank that’s still writing its story, Wio could be where you belong.Role OverviewThe Risk team plays a critical role in safeguarding Wio’s merchant acquiring ecosystem by balancing growth with robust fraud and operational risk controls. We are seeking a Risk Analyst – Merchant Acquiring to strengthen our acquiring risk framework and support the safe scaling of Wio Pay.This role focuses on transaction monitoring, merchant underwriting, and fraud risk strategy within the UAE acquiring market. You will work closely with product, data analytics, and operations teams to identify emerging risks, optimize controls, and maintain compliance with card network and regulatory standards.What you’ll be doingMerchant Acquiring Risk ManagementOwn day-to-day merchant acquiring risk monitoring across the UAE marketEvaluate payment acceptance risks and recommend mitigation strategiesManage merchant underwriting reviews based on risk assessments and site visit reportsFraud Risk Monitoring & Rule ManagementConfigure and optimize fraud monitoring rules within FRM toolsAnalyze transaction trends, alerts, and fraud patterns to refine controlsCollaborate with data analytics teams to enhance transaction monitoring frameworksNetwork Compliance & Transaction OversightEnsure compliance with card network programs and monitoring frameworks (e.g., VIRP, MATCH, VMTS, MCC)Monitor and manage risks related to card-not-present transactionsSupport investigations into suspicious merchant activity and define corrective actionsRisk Analytics & ReportingAggregate data from multiple sources to perform comprehensive risk assessmentsDevelop management reports and dashboards with actionable insightsPresent findings to stakeholders and recommend improvementsStrategy & Process DevelopmentContribute to the design of risk strategies aligned with business growth objectivesStrengthen internal risk processes supporting a customer-first approachPartner with cross-functional teams to embed risk controls into acquiring workflowsExperience5–8 years of experience in merchant acquiring risk or payments risk managementMinimum 3 years managing acquiring fraud and risk processesHands-on experience with fraud risk management (FRM) platformsKnowledgeStrong understanding of UAE merchant acquiring risk landscapeFamiliarity with Visa and Mastercard compliance programs (VIRP, MATCH, VMTS, MCC)Knowledge of card-not-present transaction risk frameworksSkillsAnalytical mindset with strong data interpretation capabilitiesAbility to conduct merchant investigations and risk assessmentsProficiency in preparing management presentations and reportingStrong collaboration and stakeholder communication skillsWhat’s in it for youOpportunity to shape risk frameworks in a fast-growing fintech bankExposure to large-scale acquiring operations and advanced fraud systemsWork in a collaborative, cross-functional environmentCompetitive benefits, flexible working model, and international team culture#J-18808-Ljbffr