Fraud Analyst

About This Role

About SiFi

SiFi is a rapidly growing B2B Fin-Tech company transforming expense management for businesses in Saudi Arabia. As a licensed EMI from the Saudi Central Bank, we empower companies with innovative tools to simplify finance management.

Key Responsibilities:

• Monitor daily fraud alerts and suspicious activities across products.
• Investigate reported or detected fraud incidents and prepare case summaries.
• Support rule creation, modification, and tuning in fraud monitoring systems.
• Coordinate with various teams to develop resources and tools to mitigate fraud risks.
• Perform trend analysis and support in preparing monthly fraud reports.
• Contribute to the enhancement of fraud detection systems and prevention controls.
• Maintain accurate fraud case logs and evidence documentation.
• Assist in performing periodic fraud risk assessments.
• Support awareness initiatives and staff training related to fraud prevention.

Requirements

• +2 years of experience in fraud monitoring and investigation.
• Familiarity with SAMA regulations and fraud monitoring tools.
• Strong analytical and communication skills.
• Solid understanding of Risk Management principles and regulatory frameworks.
• Basic knowledge of cybersecurity concepts relevant to fraud (e.g. account takeover, phishing, social engineering, API abuse).
• Exposure to IT systems, digital payment infrastructure, or financial technology platforms.
• Exposure to Cyber systems, Cyber Controls
• Awareness of how AI and machine learning are applied in fraud detection (e.g. anomaly detection, rule optimization, behavioral analytics) — hands-on experience is a plus.
• Saudi Nationalities ONLY.