Card Scheme Compliance Analyst (Israel Only)

Scheme Compliance AnalystRole Overview

We are seeking a Scheme Compliance Analyst to support our payment operations and ensure ongoing compliance with Visa and Mastercard scheme rules, acquiring-partner requirements, regulatory obligations, and internal risk standards.

The role will work closely with Compliance, Risk, Operations, Fraud, Underwriting, Product, and Engineering teams, with particular responsibility for scheme compliance, merchant monitoring, fraud and chargeback programs, acquiring compliance, and remediation management.

• Monitor ongoing compliance with Visa, Mastercard, and acquiring-partner rules and operating regulations.
• Review scheme bulletins, rule changes, compliance notifications, and regulatory updates and assess their impact on the business.
• Monitor merchant portfolios for fraud, chargebacks, disputes, excessive activity, and scheme threshold breaches.
• Track relevant Visa and Mastercard monitoring programs, alerts, remediation requirements, and deadlines.
• Investigate scheme compliance alerts, violations, merchant concerns, and acquiring-partner requests.
• Support merchant onboarding, underwriting, and ongoing monitoring from a scheme-compliance perspective.
• Review merchant websites, business models, MCC classifications, processing activity, countries, expected volumes, and transaction patterns.
• Identify prohibited, restricted, high-risk, or incorrectly classified merchant activity.
• Monitor merchant processing against approved business models and expected transaction profiles.
• Support compliance with 3DS/SCA, authorisation requirements, transaction descriptors, refund practices, recurring payments, and other card-processing controls.
• Analyse chargebacks, disputes, fraud patterns, and merchant behaviour to identify areas requiring corrective action.
• Prepare professional responses and supporting evidence for scheme enquiries, acquiring-bank requests, compliance cases, and audits.
• Coordinate merchant and internal remediation plans and track actions through to completion.
• Maintain accurate records of investigations, warnings, scheme cases, remediation activities, and deadlines.
• Assist with scheme registrations and ongoing requirements applicable to Payment Facilitators, high-risk merchants, and other relevant card-scheme programs.
• Work with Product and Engineering teams to translate scheme requirements into operational and technical controls.
• Produce regular reporting covering fraud ratios, chargeback ratios, scheme alerts, merchant risk indicators, and outstanding compliance matters.
• Escalate material scheme-compliance risks to senior Compliance and Risk management.

• 2+ years' experience in card payments, acquiring, payment processing, fintech compliance, fraud, chargebacks, or scheme compliance.
• Practical knowledge of Visa and Mastercard rules and operating frameworks.
• Strong understanding of the acquiring ecosystem, including merchants, acquirers, processors, Payment Facilitators, issuers, and card schemes.
• Experience with merchant onboarding, underwriting, MCC classification, transaction monitoring, and ongoing merchant review.
• Understanding of card fraud, chargebacks, disputes, refunds, and common merchant-processing risks.
• Familiarity with 3DS, SCA, PCI DSS, card-not-present transactions, recurring payments, and authorisation/capture flows.
• Ability to interpret complex scheme rules and translate them into clear operational requirements and controls.
• Strong analytical and investigative skills, particularly when reviewing unusual merchant or transaction activity.
• Strong written English with the ability to prepare professional communications for banks, processors, schemes, and merchants.
• Excellent attention to detail with the ability to manage multiple cases, actions, and deadlines simultaneously.

Experience in one or more of the following would be a strong advantage:

• Direct involvement with Visa or Mastercard compliance and monitoring programs.
• Acquiring or Payment Facilitator environments.
• High-risk merchant monitoring.
• Scheme fraud and chargeback monitoring programs.
• Merchant website and content monitoring.
• PCI DSS and card-data requirements.
• AML, KYC, and KYB processes within a payments organisation.
• Direct interaction with acquiring banks, processors, Visa, or Mastercard.
• Experience supporting a Mastercard or Visa Principal Member or direct acquiring operation.