Fraud Prevention Expert

4 days ago


المملكة العربية السعودية, Saudi Arabia Tap Payments Full time

Our compliance team believes merchant payments should be ultra-safe and secure. That's why they work hand-in-hand with regulators throughout MENA. It may sound all tree-huggy, but nothing is more important than creating a safe transaction environment for our global merchants. If you share similar beliefs, this might be the team for you

**As a Tapster You Will**:

- Supports the fraud specialists reviewing alerts and reports to identify suspicious activity, as the point of escalation..
- Analyzes fraud trends and makes recommendations for fraud prevention processes.
- Uses a variety of tools, systems and reports to detect fraud trends.
- Reviews accounts and transactions for potential fraud.
- Work closely with the Fraud Specialists and onboarding/activations team to implement recommendations.
- Works closely with the Fraud Manager on improvements to the fraud review process.
- Manages a team of reports and is responsible for scheduling, regular check-ins, and mid-year/year-end reviews.
- Communicates frequently with the Fraud Manager
- Assist management and internal teams with ad hoc requests and additional fraud reviews as needed.
- Ensure compliance with anti-money laundering, including KYC requirements and sanction regulations.
- Any other duties as required by the line manager or Head of Department that are commensurate with the grade.

**What You Bring to the Party**:

- Bachelor degree or equivalent work experience in Finance, Math, Statistics or related fields
- 2 - 6 years risk fraud mitigation experience in payments and/or lending with traditional and alternative payment methods
- Ability to analyze fraud patterns, create empirical rules and prevention strategies to identify and mitigate fraud attacks
- Extensive knowledge in fraud schemes, risk prevention methods and detection tools for payments and lending businesses
- Experience mitigating online fraud, such as account takeover, phishing, online card testing, etc
- Strong quantitative analytical experience, including background with statistical modeling including the ability to analyze large transactional data sets, interpret ambiguous situations, and make decisions under pressure
- Strong understanding of the payments landscape across all participants - issuer, merchant, acquirer and network - History of managing a team and building a fraud function from the ground up
- Excellent written, oral and presentation skills and an ability to synthesize information and make clear, concise recommendations on a course of action
- Creative, team-focused, and effective problem solver

**Tap is a rapidly growing payment services business, expanding internationally at an extraordinary pace. We are hiring exceptional talent to work with high-performing global teams with one common goal: Making payments easy, quick and secure for our clients all around the world.**

**Are you ready?



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