Full-Time
Fraud Risk Analyst
Updated on 5/17/2024
Multi-currency borderless payment solutions
Data & Analytics
Crypto & Web3
Financial Services
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 provides a borderless payment solution with card acquiring, multi-currency IBAN accounts, card issuing, Unlimit BaaS API platform, and Unlimit Crypto for Defi, Gamefi, and NFTs, supported by a comprehensive payment infrastructure and direct integrations for seamless cross-border payments.
Company Stage
N/A
Total Funding
N/A
Headquarters
, United Kingdom
Founded
2009
Growth & Insights
Headcount