Card Fraud & Chargeback Risk Strategist (Issuing Risk)
"What You'll Be Doing"
What You'll Be Doing
Own portfolio-level fraud rate, chargeback rate and chargeback ratio against Mastercard program thresholds, building the monitoring, alerting and early-warning systems needed to catch drift before it becomes a scheme program breach
Design and tune real-time pre-authorization screening strategy, combining rule sets and risk scores from acquiring-side data, 3DS outcomes and issuing-side signals, while owning the approve/decline/challenge trade-offs and resulting false-decline cost
Own the authentication strategy, including EMV 3DS usage and exemption logic, MFA at application, step-up verification (liveness, GPS-verification, face verification) for suspicious activity, and card freeze/unfreeze controls
Run the chargeback lifecycle: reason-code level analysis, representment evidence design, win-rate improvement, reconciliation of first chargebacks and fraud reports, and feeding root-cause findings back into rules and product design
Build merchant and MCC-level controls, such as velocity limits per MCC, targeted controls for repeatedly attacked merchants (e.g., app-store and digital-goods merchants), and temporary merchant whitelisting via verified MFA
Partner with the BIN sponsor and Mastercard on scheme rule changes, program reviews and audits, translating new scheme requirements into concrete strategy and process changes
Quantify risk impact and control cost to support prioritization and management reporting, and define KPIs jointly with the card business unit
What We're Looking For
Hands-on experience in card issuing or acquiring fraud at a bank, card issuer, PSP, payment processor or BIN sponsor, with personal ownership of fraud rate and chargeback rate as core metrics
Working knowledge of Mastercard rules and dispute mechanics, including chargeback reason codes, the dispute/representment lifecycle and timelines, fraud reporting flows, and scheme monitoring programs
Strong data analysis skills, with SQL required and Python preferred, and the ability to independently build and validate detection logic on transaction-level and chargeback-level datasets
Ability to reason from the attacker's perspective — understanding how card fraud rings source cards and accounts, how they test and cash out, and where a debit-style product tied to an exchange balance is uniquely exposed
Experience collaborating across risk, product, compliance and external partners such as the scheme, BIN sponsor and processors
About Binance
Binance is at the forefront of the global blockchain revolution, serving as the world's largest cryptocurrency exchange by trading volume. Our mission is to increase the freedom of money globally, and we are committed to building a robust ecosystem of products and services that empower individuals with financial autonomy. From advanced trading platforms to innovative blockchain solutions, we are constantly expanding our offerings to meet the evolving needs of the digital economy. Our culture thrives on innovation, collaboration, and a relentless pursuit of excellence. We foster an environment where bold ideas are encouraged, and every team member, especially in our growing Pakistani operations, is empowered to contribute significantly to our global impact. We value transparency, integrity, and a strong sense of responsibility to our users and the broader blockchain community. Working at Binance means being part of a diverse, global team that is passionate about shaping the future of finance. Joining Binance in Pakistan offers unparalleled opportunities for career growth and professional development within a rapidly expanding industry. With hundreds of open positions worldwide, we are looking for talented individuals who are eager to make a tangible difference. If you are driven by challenge, keen to innovate, and want to be part of a company that is redefining the financial landscape, explore our careers and embark on a rewarding journey with Binance.
Ready to Apply?
To submit your application for this position, please visit Binance's official website and follow their application process.