Risk Operations Analyst

Xendit provides payment infrastructure across Southeast Asia and is expanding to Greater China and LATAM. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world-class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike. Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind — to make payments across and within SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly. We’ve been growing rapidly since our inception in 2015, onboarding hundreds of new customers every month, and backed by global top-10 VCs . We’re proud to be featured on among the fastest growing companies by Y-Combinator . About the Job We are looking for a Risk Operations Analyst to perform various merchant risk management activities at Xendit, including investigation of merchant-related risk alerts, reviewing and deciding on merchant requests for activating features and channels, updating transaction privileges, responding to risk-related queries from merchants and internal and external stakeholders, and managing other fraud-related operational matters. The role requires a strong ability to independently assess the context of the situation and alerts, and apply sound judgment to decide the right course of action. This person needs to be proactive and have the acumen to apply risk management principles in varied situations. An ability to follow the standard operating procedures, owning the tasks and cases end-to-end, and the drive to bring cases to a conclusion will be important requirements for this role. The role will involve communication with teams across Xendit and with external partners and merchants. There will also be multiple priorities to manage. Clear and precise communication skills will be required, as well as the ability to independently craft recommendations to senior stakeholders using risk protocols and SOPs instead of seeking constant direction. Minimum Qualifications 3+ years of experience in risk management, fraud investigations, or fraud-related operations Understanding of risk concepts and experience with common risk metrics Ability to conduct basic data analysis and structure the investigations in a methodical way Ability to understand and follow the standard operating procedures and risk protocols Excellent communication skills and good English language skills Excellent communication skills with the ability to write clear investigation summaries and communicate decisions to internal stakeholders. Ability to work independently, take ownership, and drive cases from detection to closure with minimal supervision Demonstrated ability to own the tasks and drive to a conclusion Preferred Qualifications Bachelor’s degree Experience with risk operations and conducting fraud investigations and assessments Experience using SQL to query databases or leveraging tools like Looker, Databricks, and Splunk for data exploration and investigations Familiarity with payment products such as Virtual account, QRIS, Cards, eWallet, BNPL, and other payment products Strong desire to learn and agility to apply basic concepts to multiple situations Responsibilities Follow SOPs and conduct fraud and credit risk investigations triggered through alerts, dispute spikes, abnormal transaction behavior, and merchant risk signals. Monitor merchant performance and trends to identify high-risk merchants early and take appropriate mitigating actions to reduce fraud and chargeback exposure. Independently coordinate with internal and external stakeholders to drive investigations to closure, ensuring clear documentation, evidence collection, and decision traceability. Assess requests from merchants and inte