Risk Systems & Technology Expert

At Libernetix, we’re revolutionizing global payments by blending cutting-edge technology with deep industry expertise. Our solutions empower businesses to scale seamlessly across jurisdictions. If you thrive at the intersection of product, technology, and operations, we’d love to hear from you!

Our team combines adventurous individuals and innovative technology to provide optimal solutions, promising a bright future for global entrepreneurs.We are looking for a Risk Systems & Technology Expert who will be responsible for designing, implementing, and managing advanced risk and fraud detection systems across payment gateways and alternative payment methods.

This role combines technical proficiency with strong analytical and regulatory understanding to ensure proactive fraud detection, compliance, and risk mitigation across all products and geographies.

Key Responsibilities
Fraud Detection & Prevention

• Design, implement, and optimize fraud detection rules within the payment gateway (e.g., velocity checks, geolocation, BIN analysis, device fingerprinting, etc.).
• Identify, onboard, and manage fraud detection tools, vendors, and AI-based solutions; ensure seamless integration and continuous performance tuning.
• Set, monitor, and report fraud KPIs (fraud ratios by merchant, vertical, geography, and acquirer).
• Investigate suspicious transactions and trigger alerts to prevent potential fraud.
• Collaborate with chargeback teams to enhance fraud rules and prevention strategies.
• Coordinate with merchants and acquirers on fraud investigations and dispute resolution.
• Work with Commercial teams on merchant profiling and ongoing risk assessments.

Transaction Monitoring & Incident Management

• Establish and maintain real-time monitoring and alert systems for all transaction types (cards, APMs, Open Banking, etc.).
• Detect and respond to anomalies such as unusual merchant or customer activity (volume spikes, surges in declines, etc.).
• Identify and analyze sudden acquirer-side anomalies (e.g., approval rate drops, BIN-specific declines).
• Maintain detailed incident logs and ensure 24/7 coverage for critical systems.
• Collaborate cross-functionally to enhance merchant and acquirer relationships through data-driven insights.

Chargebacks & Refunds

• Manage end-to-end chargeback and refund processes.
• Track and report chargeback ratios by project, merchant, MID, and BIN.
• Support merchants in defending chargebacks through evidence collection and documentation.
• Build automated alerts to signal when ratios approach scheme thresholds.

Regulatory & Scheme Compliance

• Ensure ongoing compliance with Visa/Mastercard monitoring programs.
• Stay current on relevant regulatory frameworks (FCA, CySec, ECB, PSD2, AMLD5/6, etc.).
• Translate scheme and regulatory changes into internal policies and merchant guidance.

Risk Governance & Policy

• Define global risk appetite and tolerance thresholds.
• Document, maintain, and enforce risk management procedures for all key functions (underwriting, fraud detection, etc.).
• Lead or participate in internal risk committee meetings.
• Review and approve exceptions, custom deals, and deviations from standard risk policy.

Risk Systems & Automation

• Manage and evaluate fraud/risk technology vendors and platforms.
• Develop and automate risk rules, alerts, and escalation workflows.
• Research and implement tools for emerging payment methods (APMs, Open Banking, Crypto, etc.).

Strategic Research & Risk Advisory

• Research risk profiles across geographies, payment methods, and business verticals.
• Define pre-rollout risk policies for new markets, products, or verticals.
• Collaborate with Commercial and Finance teams on feasibility assessments and control design.
• Contribute to go-to-market (GTM) strategies with a risk-informed perspective.

• Competitive salary
• Impactful Work: Contribute to a groundbreaking fintech project in e-commerce.
• Cutting-Edge Technology: Utilize the latest tools to optimize your work.
• Professional Growth: Explore career development opportunities within our rapidly growing team.
• Social Benefits: Receive a 150 EUR monthly allowance for education, sports, and health.
• Paid Lunches: Enjoy daily meals to recharge your energy.
• Work from Stunning Offices in Limassol.
• Exceptional Company Culture: Join a supportive team that values innovation, collaboration, and growth.