Financial Crime Analyst

Payment Fraud Prevention Specialist

The role of Payment Fraud Prevention Specialist is critical to safeguarding our business from various types of payment-related fraud attacks.

This position requires an individual with strong analytical skills and the ability to identify patterns, anomalies, and emerging trends in large data sets.

Responsibilities include:

• Monitoring and mitigating fraud risks originating from both internal sources (e.g., employees, system misuse) and external parties (e.g., partners, service providers, customers).
• Conducting real-time and post-event transaction monitoring and analysis across both incoming and outgoing  payment flows to detect suspicious activity and fraud patterns.
• Continuously evaluating, refining, and optimizing transaction monitoring processes, rules, ensuring effectiveness, scalability, and compliance with regulations.
• Identifying and integrating new approaches, technologies, and data sources to enhance existing fraud detection strategies and develop new ones.
• Reviewing and monitoring fraud levels in accordance with Card Scheme regulations and internal thresholds; proactively alerting stakeholders (Risk team, merchants, partners) of any anomalies or risk exposures.
• Identifying and recommending system enhancements or tool improvements to prevent fraud while maintaining strict confidentiality of sensitive data.
• Analyzing payment and transaction data to detect anomalies, emerging trends, and new fraud vectors; proactively supporting chargeback prevention efforts.
• Generating detailed reports and dashboards on fraud trends, incidents, and key metrics; delivering insights to leadership and cross-functional teams.
• Supporting internal and external audits, periodical reviews, and compliance assessments as needed.
• Promoting continuous process improvement by sharing fraud prevention best practices across teams and helping to institutionalize knowledge.
• Participating in on-call duties for fraud system monitoring, testing of new features, release validation, and performance assessment of new antifraud mechanisms.
• Documenting and standardizing processes related to payment fraud prevention, ensuring operational transparency and consistency.
• Delivering weekly fraud performance summaries and insight reports to key stakeholders, supporting data-driven decision-making.
• Collaborating with team members on ongoing research to identify evolving fraud threats, estimate fraud-related risk costs, and develop mitigation strategies.

Key Qualifications

• Experience in payment fraud detection and transaction monitoring, preferably within fintech.
• Strong analytical skills with the ability to identify patterns, anomalies, and emerging trends using large data sets.
• Familiarity with card scheme regulations (e.g., Visa, Mastercard) and fraud-related compliance standards.
• Hands-on experience with fraud detection tools and writing or optimizing monitoring rules.
• Proficiency in SQL, Excel, or BI tools for data analysis and reporting.
• Excellent communication skills for presenting insights and collaborating with cross-functional teams.
• High attention to detail and confidentiality, with a proactive and solution-oriented mindset.
• Excellent skills in English.