Associate, Fraud Prevention and Authorizations

Job Purpose

• Responsible for processing On-Us and Off-Us credit card transactions on RCBC Bankard Services Corporation acquired establishments or those referred by other card acquirer in accordance with the approved Authorization Policies and Procedures.
• Conducts review and decides on accounts as part of fraud-related tasks.
• Processes and manages all authorization requests, reversal, including call referral, Code 10 (Suspected Fraud) and BIN (Bank Identification Number) verification received through phone, fax or email ensuring that all possible risks are mitigated and properly assessed.
• Performs immediate rear real time review of fraud detection tools such as FDM (ASCCEND Fraud Detection Module), EMS (Expert Monitoring System) for MasterCard and VRM (Visa Risk Manager). Authorizer must render correct & timely decisions to combat fraud for both issuing and acquiring business.

Job Requirements

• Graduate of any four-year college course preferably business course
• At least a year of experience of being a Credit Authorizer
• Must have extensive knowledge and experience on card authorization processes and fraud detection
• Knowledgeable on EMS (expert monitoring system) and VRM (Visa Risk Manager) or any FRAUD Monitoring program/tools
• Knowledgeable on network and Internal response codes
• Knowledgeable on Asccend System or related credit/debit system
• Must have a general understanding of the end-to-end process of card application, card creation to card usage.