Fraud Risk Analyst
Skills
About the Role
You will be at the forefront of fraud prevention efforts, working to identify anomalies, prioritize initiatives, and develop scalable solutions. You will monitor real-time payment transactions and merchant activity to detect suspicious behaviour, investigate fraud alerts from detection through resolution, and configure and optimize fraud prevention rules and monitoring thresholds. You will analyze transaction data to identify fraud trends and emerging attack patterns, detect fraud typologies such as card testing, account takeover, merchant laundering, and payment fraud, and produce fraud analysis and trend reports using large datasets. You will collaborate with Risk, Compliance, Operations, and Product teams to improve fraud prevention strategies, ensure compliance with Visa and Mastercard fraud monitoring programs, and continuously improve fraud detection processes and controls.
Requirements
- 2+ years in Fraud Prevention, Fraud Analytics, or Anti-Fraud within payments, acquiring, fintech, or banking
- Experience with transaction monitoring and fraud investigations
- Experience with fraud monitoring systems and rule management
- Strong analytical skills and advanced Excel
- Ability to analyze payment transaction data and identify fraud patterns
- Understanding of payment acquiring and card schemes
- Knowledge of Visa/Mastercard fraud monitoring programs (e.g., VFMP)
- Analytical and detail-oriented
- Proactive, self-driven, and investigative
- Strong problem-solving and communication skills
Responsibilities
- Monitor real-time payment transactions and merchant activity to detect suspicious behaviour
- Investigate fraud alerts from detection through resolution
- Configure, maintain, and optimize fraud prevention rules and monitoring thresholds
- Analyze transaction data to identify fraud trends and emerging attack patterns
- Detect fraud typologies including card testing, account takeover, merchant laundering, and payment fraud
- Produce fraud analysis and trend reports using large datasets
- Collaborate with Risk, Compliance, Operations, and Product teams to improve fraud prevention strategies
- Ensure compliance with Visa and Mastercard fraud monitoring programs
- Continuously improve fraud detection processes and controls
Benefits
- Performance-based bonuses
