Risk Lead - India at Unlimit UK Ltd

Gurgaon, haryana, India -

Full Time

Start Date

Immediate

Expiry Date

07 Jun, 26

Salary

0.0

Posted On

09 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Merchant Underwriting, Risk Assessment, Transaction Monitoring, AI-Driven Monitoring, Risk Rules Definition, Card Scheme Compliance, Regulatory Compliance, UPI Ecosystem, Mastercard Risk Standards, Visa Risk Standards, Audit Support, Remediation Planning, Cross Border Payments, Fintech Infrastructure, Fraud Detection

Industry

Financial Services

Description

About Unlimit Unlimit is a global fintech ecosystem built to eliminate financial borders holding businesses back. The company provides the extensive infrastructure needed to scale globally, integrating payment processing, multi-currency business accounts, BaaS and crypto gateways into a single, intelligent platform. Across 17 offices globally, Unlimit bridges hyper-local expertise with a high-capacity financial network, giving companies the agility to expand across regions with operational confidence and speed. Driving the evolution of payments, Unlimit is transforming its infrastructure from human-operated fintech into AI-native financial infrastructure — where APIs are consumed by machines, integrations are negotiated by agents, and systems evolve continuously through intelligent automation. Our next users are not only humans. They are AI agents acting on behalf of humans and businesses. Unlimit serves more than the needs of businesses today; we are building the nervous system for a borderless global economy. \n Responsibilities: Merchant Risk Assessment and Monitoring Conduct risk assessment of merchants during underwriting, including business model analysis, compliance checks, and fraud risk evaluation. Perform ongoing transaction monitoring to identify suspicious patterns, fraud indicators, and potential violations of card scheme rules or regulatory requirements. Development of AI-Driven Monitoring Participate in the design and adaptation of AI-based monitoring systems for merchant activity and transaction flows. Define risk rules, monitoring parameters, and detection logic to be implemented within AI-driven tools. Work closely with product, data, and engineering teams to translate risk requirements into automated monitoring solutions. Continuously improve monitoring efficiency by reducing false positives and strengthening fraud detection. Interaction with Regulators and Card Schemes Act as a key point of contact with card schemes (Visa, Mastercard) and regulators on matters related to risk management and compliance. Support and participate in regulatory and card scheme audits, including preparation of documentation and responses to inquiries. Manage non-compliance cases, remediation plans, and communication with relevant stakeholders. Ensure adherence to card scheme rules, regulatory requirements, and internal risk policies. Requirements: Proven experience working with merchant underwriting processes, including onboarding, risk assessment, and ongoing monitoring. Strong understanding of UPI (Unified Payments Interface) ecosystem, transaction flows, and associated risk controls. Deep knowledge of Mastercard and Visa risk standards, including compliance with card scheme rules and monitoring programs. Proven experience working with card schemes and regulators during audits, including preparation of documentation and remediation of findings. Excellent knowledge of Indian regulatory and legal requirements related to payment risk and compliance. Experience in cross border (must have) banks: Axis, ICICI, HSBC, RBL, Yes Bank, Standard Chartered, HSBC payments entities : Cashfree, Razorpay, Tazapay, Worldline, Paypal India, Adyen India. Fluent English, both written and spoken. \n Join Unlimit Team now! Unlimit is an equal opportunity employer. We believe passionately that employing a diverse workforce is central to our success. We make recruiting decisions based on your experience and skills. We welcome applications from all members of society irrespective of age, sex, disability, sexual orientation, race, religion or belief.

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Responsibilities

The role involves conducting risk assessments for merchants during underwriting, including business model analysis and fraud evaluation, alongside performing ongoing transaction monitoring for suspicious patterns and compliance violations. Responsibilities also include developing and adapting AI-based monitoring systems for merchant activity and transaction flows, defining risk rules, and ensuring continuous improvement in monitoring efficiency.