"ILARIA" is a consulting company, which provides HR solutions' full spectrum and processes' digitalization by our created system. In ILARIA, HR experts' team offers you services, which are necessary for your organization's success: HR outsourcing and recruiting, market research, software provision.

Company "ILARIA" is looking for "Head of Payments and Card Risks Department" for a partner company.

Position: "Head of Payments and Card Risks Department"
Work format: Full, on-site
Work schedule: Monday-Friday
Work hours: 10:00 – 19:00
Remuneration: According to qualification
Number of vacant positions: 1

We are looking for a Head of Payments and Card Risks Department with high professional competence and analytical vision, who will ensure the effective management of risks related to company's card and payment operations, prevention of fraudulent operations, and control of compliance with international standards. The position provides for managing card transaction monitoring systems, development of Fraud Risk processes, ensuring compliance with VISA/Mastercard's requirements, and implementation of strategic mechanisms for risk minimization.

Main functions-duties:

Card and payments risk management:

• Daily monitoring and assessment of card transactions' risks;

• Detection, analysis, and appropriate reaction of Fraud/suspicious operations;

• Management of Chargebacks, disputes, and fraud cases;

• Control and monitoring of VISA/Mastercard's risk indicators;

• Assessment and classification of Merchants' risk profiles;

• Monitoring of high-risk MCCs and transactions;

• Determination and optimization of transactions' limits and risk rules;

• Control of Visa/Mastercard Monitoring Programs and ensuring compliance.

Analytics and risk prevention:

• Analysis of fraudulent schemes and Chargeback trends;

• Risk identification and planning of preventive measures;

• Development of risk analysis and control mechanisms of card and payment processes;

• Preparation of Risk Reporting for company's management;

• Assessment and improvement of transaction monitoring systems' effectiveness.

Policies, control, and cooperation:

• Participation in development of risk policies and procedures;

• Close coordination with AML/Compliance and operational teams;

• Effective communication with partner banks and international payment systems;

• Development of process transparency and control culture in the direction of risk management;

• Monitoring and improvement of internal control mechanisms' effectiveness.

Qualification requirements and necessary skills:

• Minimum 3-5 years experience in Banking, PSP, Fintech, or Acquiring direction;

• Practical experience of working in Card Risk / Fraud Risk / Payment Risk field;

• Knowledge of English language at professional level;

• Good knowledge of VISA/Mastercard processes and regulations;

• Experience of managing Chargeback and Fraud processes;

• Experience of working with transaction monitoring systems;

• Knowledge of Merchant Risk Management processes;

• Strong analytical thinking and fast reaction ability;

• Ability of risk assessment and effective management of problems;

• Good knowledge of Excel and Reporting tools;

• High sense of responsibility and orientation on details;

• Teamwork and effective communication skills.

In case of interest, please send your resume to email: vacancy@ilaria.ge. Please, necessarily indicate the vacancy title - "Head of Payments and Card Risks Department".

Please, take into account, that contact will happen only with candidates selected for interview.

We wish you luck!