Full-Time

Fraud Risk Analyst

Updated on 5/17/2024

Unlimit

Unlimit

201-500 employees

Provides borderless payment and financial services

Financial Services
Data & Analytics
Crypto & Web3

Mid

London, UK

Requirements
  • At least 3 years of experience working in payments risk
  • Prior experience working with anti-fraud systems
  • Solid knowledge of fraud, Card Scheme rules, and ability to provide detailed requirements to internal and external stakeholders
  • Ability to anticipate problems, opportunities, and the initiative to pursue solutions
  • Understanding of Card Scheme rules/regulations and internal procedures that affect risk, fraud, and dispute processing
  • Strong analytic skills and advanced Excel experience
  • Excellent investigation skills
  • Extremely detail-oriented, organised and have the ability to multi-task
  • Able to work in an independent way, while at the same time being a strong collaborator, connecting with colleagues and sharing ideas to improve effective teamwork
  • Take initiative, ownership and committed to challenging the status quo
  • Self-starter who enjoys a fast-paced environment
  • Analytical skills to identify and assess potential fraud and compliance issues and ability to escalate when appropriate
  • Ability to work in a high-paced environment where priorities may shift quickly
  • A good command of written and spoken English, and other languages are an asset
Responsibilities
  • Handle queries relating to prospective and existing merchants in Europe, APAC and LATAM
  • Transactions monitoring and analysis (from acquiring and issuing side)
  • Identify and explore new approaches and data sources to support improvements to existing and new fraud strategies
  • Review merchant transactions to flag or identify suspicious activity
  • Flag any transactional pattern that does not fit the expected activity and perform an investigation to ensure compliance with Card Scheme regulations, internal policy, and procedure
  • Reviewing and monitoring Fraud levels as per Card Scheme regulations and also internal accepted levels and providing proactive notifications to the wider Risk team, merchants, and other stakeholders
  • Identify system improvements to prevent fraudulent activities, and ensure confidentiality of all information collected from tools
  • Analyse payment data to discover anomalies and trends for fraud and chargeback prevention
  • Generate reports and insights regarding fraud
  • Evaluate existing procedures to refine and optimise transactions monitoring process
  • Provide support for periodical reviews and audits
  • Continuous process improvement and sharing best practices
  • On-call duties to cover the monitoring function of the Antifraud system with the aim of testing new features, the effectiveness of the changes, new releases etc.

Unlimit offers a comprehensive suite of borderless payment solutions, catering to a wide range of needs from card acquiring and issuing to multi-currency accounts, and advanced payment infrastructures for sectors like Defi, Gamefi, and NFTs. This company provides a solid platform for professionals who wish to excel in a complex, technologically-driven environment, facilitating seamless international transactions and financial services innovations. Working here places you at the forefront of the rapidly evolving financial technology industry, enriched with direct integrations and a robust BaaS API platform, making it an excellent choice for those committed to pushing the boundaries of payment systems development.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, United Kingdom

Founded

2009

Growth & Insights
Headcount

6 month growth

9%

1 year growth

32%

2 year growth

32%