Digital Payments Risk Analyst Job Vacancy in Lilongwe, Malawi – Financial Technology
Job Description
Position: Digital Payments Risk Analyst
Company: Mastercard
Location: Lilongwe, Malawi
Experience: 3-5 years in payments risk management
Education: Bachelor’s degree in Finance, Economics, or related field
Employment Type: Full-time
Industry: Financial Technology
Department: Risk Management
Salary: SSP 1,200,000 – SSP 1,800,000 per annum
Vacancies:1
Company Overview
Mastercard is a global payments and technology company that connects consumers, financial institutions, merchants, governments and businesses worldwide. With a strong presence in Malawi, Mastercard drives financial inclusion, digital transformation and secure payment solutions across the region. The company’s commitment to innovation, security and sustainability makes it a leader in the financial technology sector. As part of its expansion strategy, Mastercard is investing heavily in risk management capabilities to protect its ecosystem and support the growing digital economy in Malawi. This role offers a unique opportunity to contribute to a world‑class organization while advancing your career in a dynamic, fast‑moving environment. Join us and be part of a team that shapes the future of payments, supports local businesses, and creates meaningful impact across the African continent. This position aligns with the growing demand for skilled professionals in the payments industry, offering excellent career growth and exposure to cutting‑edge technologies. https://malawijobsearch.com
Job Overview
The Digital Payments Risk Analyst will be responsible for identifying, assessing, and mitigating risks associated with Mastercard’s digital payment products and services in Malawi. You will work closely with cross‑functional teams, including fraud prevention, compliance, product development, and data analytics, to ensure that risk controls are effective and aligned with regulatory requirements. This role is critical in safeguarding the integrity of payment transactions, protecting customer data, and maintaining the trust of merchants and financial institutions. You will also contribute to the development of risk models, monitor emerging threats, and provide actionable insights to senior leadership. The position offers exposure to advanced analytics tools, machine learning techniques, and a collaborative environment that values innovation and continuous improvement. https://kenyajobsearch.com/
Key Responsibilities
- Conduct comprehensive risk assessments for digital payment products, including mobile wallets, online transactions, and contactless payments.
- Develop and maintain risk scoring models using statistical and machine learning techniques.
- Monitor real‑time transaction data to detect anomalies, fraud patterns, and emerging threats.
- Collaborate with fraud prevention and compliance teams to design and implement effective controls.
- Prepare detailed risk reports and present findings to senior management and regulatory bodies.
- Stay updated on local and international regulatory changes affecting digital payments.
- Provide risk‑related guidance during product development and launch phases.
- Support incident response activities and post‑incident analysis.
Required Skills
- Strong analytical and quantitative skills with proficiency in SQL, Python or R.
- Experience with risk modeling, statistical analysis, and data visualization.
- Knowledge of payment systems, fraud detection techniques, and cybersecurity fundamentals.
- Excellent communication skills for presenting complex findings to non‑technical stakeholders.
- Ability to work independently and as part of a multidisciplinary team.
- Attention to detail and a proactive problem‑solving mindset.
Education
A Bachelor’s degree in Finance, Economics, Computer Science, Data Science, or a related discipline is required. Advanced certifications such as FRM (Financial Risk Manager) or CFE (Certified Fraud Examiner) are advantageous.
Experience
Applicants should have 3‑5 years of experience in payments risk management, fraud analytics, or a similar role within the financial technology sector. Experience working with regulatory frameworks in Malawi or other African markets is a plus.
Salary
The compensation package ranges from SSP 1,200,000 to SSP 1,800,000 per annum, commensurate with experience and qualifications. The package includes performance‑based bonuses and other incentives.
Benefits
- Comprehensive health insurance covering medical, dental, and vision.
- Retirement savings plan with employer contributions.
- Generous paid time off and public holidays.
- Professional development allowance for certifications and training.
- Employee assistance program and wellness initiatives.
Training
- On‑boarding program covering Mastercard’s risk framework and compliance policies.
- Access to internal learning platforms for data science, risk analytics, and cybersecurity.
- Mentorship from senior risk leaders and participation in global risk forums.
Working Environment
Mastercard offers a collaborative, inclusive, and technology‑driven workplace. Our Lilongwe office features modern workspaces, flexible working arrangements, and a culture that encourages innovation and continuous learning. Employees benefit from a diverse team, open communication channels, and a strong focus on work‑life balance.
Application Process
Interested candidates should submit their application through the online portal. The process includes an initial screening, a technical assessment, and two interview rounds – one with the risk management team and another with senior leadership. Successful applicants will receive a formal offer and onboarding details. https://algeriajobsearch.com/
Equal Opportunity Statement
Mastercard is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, sexual orientation, or any other characteristic protected by law. All qualified applicants will receive consideration for employment without discrimination.
