Risk Data Scientist
About the job
- A Bachelor's degree in Data Science, Statistics, Computer Science, Finance, or a related field is required.
- Two to four years of experience in fraud analytics, risk management, or related data-focused roles is required.
- Proficiency in SQL and data visualization tools such as Metabase is required.
- Knowledge of fraud detection systems, scoring models, or transaction monitoring frameworks is required.
- Monitor, analyze, and investigate unusual patterns in customer and transaction data to identify potential fraudulent activity.
- Develop and maintain dashboards, reports, and models to track fraud trends, risk exposure, and key performance indicators.
- Work with risk, compliance, and product teams to strengthen fraud detection rules, scoring models, and prevention strategies.
- Conduct root cause analysis of confirmed fraud incidents and recommend process or system improvements.
- Evaluate the effectiveness of fraud detection tools, rules, and machine learning models, and propose refinements to improve accuracy.
- Partner with data engineering and product teams to ensure data quality and build scalable fraud monitoring solutions.
- Stay informed about evolving fraud techniques, regulatory requirements, and industry best practices to improve fraud prevention capabilities.
- An advanced degree is a plus.
- Experience with Python or R for data analysis and statistical modeling is preferred.
About the company
AlaanPay helps businesses manage expenses with unlimited physical and virtual multi-currency corporate cards and per-card spending controls. It automates expense reporting by letting team members submit receipts online and auto-verify them for finance review. Real-time transaction alerts and built-in spend analytics provide visibility and identify savings opportunities, with cashback benefits reported by customers. Its goal is to help businesses optimize spending, reduce manual work in expense management, and improve financial visibility.
Company Size
201-500
Company Stage
Series A
Total Funding
$55.1M
Headquarters
Dubai, United Arab Emirates
Founded
2021
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Simplify's Take
What believers are saying
- September 3, 2026 CBUAE approval opens stored-value and retail payment services.
- February 2026 SuperPay added supplier payments to 40-plus countries with zero transfer fees.
- June 2026 AI-native business bank account deepens workflows and expands monetization across finance teams.
What critics are saying
- September 2026 approvals remain in-principle only; final CBUAE rejection blocks customer funds.
- Alaan depends on ruya’s banking rails; partner failures disrupt payments and card issuance.
- Banks and spend platforms like Wio, Brex, and Ramp compress pricing and retention.
- If UAE licensing stalls into 2027, Alaan stays a software wrapper, not a bank.
What makes Alaan unique
- June 2026: Alaan bundled cards, payments, invoicing, and accounting into one AI-native workflow.
- September 2026: 3,000+ finance teams use Alaan across G42, Careem, Tabby, and Lulu.
- Alaan’s Shariah-compliant corporate cards and zero-fee cross-border transfers target UAE finance operations.
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Benefits
- Flexible Work Hours
- Competitive Salary
- Company Equity
- Phone/Internet Stipend
- Gym Membership