Fraud Analyst - Digital Payments

: Fraud Analyst - Digital Payments

Location

Purpose Of The Project

Core Responsibilities and Accountabilities

• Lead fraud detection and prevention activities by monitoring card transactions, analyzing suspicious behavior, and implementing timely actions to minimize fraud losses across credit and debit card portfolios.
• Develop and optimize fraud rules and alerts by continuously reviewing fraud trends, market developments, and risk indicators to enhance fraud controls and mitigate emerging threats.
• Drive advanced fraud analytics and predictive modeling to proactively identify fraudulent patterns, conduct point-of-compromise (CPP) analysis, and prevent future fraud incidents.
• Collaborate with the business to leverage scheme risk management tools, refine fraud strategies, and adopt industry best practices for payments security and fraud prevention.
• Monitor and improve card authorization performance by analyzing authorization rates across channels and products, identifying trends, and implementing initiatives to increase approval rates and enhance customer experience.
• Deliver business insights and process improvements through data analytics, operational reviews, and targeted initiatives that drive efficiency, support growth opportunities, and strengthen overall risk management capabilities.
• Knowledge and Experience:
• Strong experience in detecting, investigating, and mitigating fraud across credit and debit card portfolios, with expertise in fraud monitoring, loss prevention, and fraud strategy optimization.
• Hands-on experience utilizing scheme tools to enhance fraud detection and improve transaction performance.
• Proven ability to analyze large transaction datasets, identify fraud patterns and points of compromise, perform customer behavior analysis, and apply predictive analytics to proactively prevent fraud and optimize business outcomes.
• Comprehensive knowledge of the card transaction lifecycle, including authorization, clearing, settlement, and reconciliation, as well as payment technologies such as EMV chip, magnetic stripe, contactless, e-commerce, tokenization, and digital wallets.
• Experience in translating analytical insights into actionable fraud strategies, conducting root cause analysis, driving process improvements, and collaborating effectively with internal teams, issuers, acquirers, and external partners to strengthen controls and enhance customer experience.

Mandatory Skills

• Bachelor's degree in Finance, Business, Computer Science, Information Technology, or a related field (Master's preferred).
• Previous experience within Banking, Digital Payment & Card solutions, or the FinTech industry.
• Regional experience, including working in a faced-paced matrix organisation.
• Excellent communication skills in English (written, verbal, and presentation); fluency in Arabic is an advantage.

Preferred Skills

• The ability to analyse data, troubleshoot payment issues, optimize processes, and make data-driven decisions.
• Good understanding of payment systems, digital platforms, system workflows, security basics, and industry technologies.
• An understanding of regional regulations across financial services or payment networks.