Also called: Payments Risk Underwriter, Merchant Risk Analyst
Decides which businesses are allowed to accept credit card payments through a payment company, and sets limits so the company does not lose money to fraud.
A new online store selling 'miracle' supplements wants to take card payments, and you check its website, owners, refund policy and bank statements. You approve it with a hold on part of its money, then watch for a spike in chargebacks. Approve too few and sales suffers; too many and fraud hits.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance, business or criminal justice.
Ways in: 4-year college, On-the-job training. Training cost: $15k – $60k.
Majors to look at: Finance, Business Administration, Criminal Justice.
Growing about average. Every payment company needs merchant risk teams.
Medium risk in 5 years, high in 10. AI now approves most simple merchants instantly; risky and odd businesses still get human review.
Classes: Business class, Statistics, Accounting.
Official data: O*NET occupation 13-2041.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.