Merchant Risk Analyst

Confidencial (Apenas para Cadastrados) is a global fintech ecosystem built to eliminate financial borders holding businesses back. The company provides the extensive infrastructure needed to scale globally, integrating payment processing, multi-currency business accounts, BaaS and crypto gateways into a single, intelligent platform.

Across 17 offices globally, Confidencial (Apenas para Cadastrados) bridges hyper-local expertise with a high-capacity financial network, giving companies the agility to expand across regions with operational confidence and speed. Driving the evolution of payments, Confidencial (Apenas para Cadastrados) is transforming its infrastructure from human-operated fintech into AI-native financial infrastructure — where APIs are consumed by machines, integrations are negotiated by agents, and systems evolve continuously through intelligent automation. Our next users are not only humans. They are AI agents acting on behalf of humans and businesses.

Confidencial (Apenas para Cadastrados) serves more than the needs of businesses today; we are building the nervous system for a borderless global economy.

We are looking for a Merchant Underwriter to support the assessment and onboarding of high-risk merchant profiles across acquiring and PayFac models. The role focuses on conducting in-depth due diligence, evaluating merchant business models, and supporting underwriting decisions in line with card scheme requirements, regulatory expectations, and internal risk standards

Experience working within an acquirer, PayFac, PSP, or similar payment institution

Good understanding of high-risk business models and associated risk factors

Working knowledge of card schemes standards and legal requirements applicable to high-risk merchants onboarding and ongoing monitoring

Proactive mindset with the ability to work independently within defined frameworks

Structured and detail-oriented approach to risk assessment and documentation

Ability to clearly articulate risk findings and recommendations to internal stakeholders

Strong collaboration skills and comfort working with cross-functional teams

Perform end-to-end underwriting and due diligence for high-risk merchant applications

Assess merchant business models, transaction flows, and key risk drivers

Document risk assessments and prepare clear, well-supported underwriting recommendations

Communicate due diligence outcomes, including recommendations on merchant business models and appropriate risk mitigation measures

Manage merchant registration and onboarding processes with card schemes

Collaborate closely with internal cross-functional teams to support merchant onboarding and ongoing monitoring

Engage with payment schemes on underwriting-related topics and inquiries

Confidencial (Apenas para Cadastrados) is an equal opportunity employer. We believe passionately that employing a diverse workforce is central to our success. We make recruiting decisions based on your experience and skills. We welcome applications from all members of society irrespective of age, sex, disability, sexual orientation, race, religion or belief.