Compliance Officer - Risk & Fraud

Setcreative; Dubai; On-site; AED 300,000 - 540,000; Full time

Benefits offered by this job

Competitive package

Grow with Fasset progression

Global exposure

Learning & development support

Job summary

Fasset is seeking a fraud/compliance risk professional to safeguard our fintech platform across markets. You will run risk assessments, monitor activity for fraud, and help design rules with Product, Engineering and Data teams. This role demands analytical acumen, cross‑functional collaboration, and a proactive approach.

You’ll work in a fast-paced, global environment across multiple time zones, turning findings into actionable controls and participating in audits and regulatory reviews.

Qualifications

• 3–5 years' experience in fraud, compliance risk, or financial crime.
• Hands-on experience with fraud detection or transaction monitoring tools.
• Experience with risk assessments and control testing.
• Strong data skills (SQL or advanced Excel).
• Ability to translate findings into practical recommendations.
• Ability to work across time zones in a global organisation.
• Proactive, detail-oriented team player.

Responsibilities

• Run and maintain the compliance risk assessment and risk register across Fasset's products and markets.
• Monitor transactions and account activity for fraud, investigate alerts and escalated cases where needed.
• Design, test and tune fraud rules and detection scenarios with Product, Engineering and Data.
• Identify and analyse fraud trends and recommend controls to address them.
• Carry out control testing, document findings and track remediation actions to closure.
• Assess compliance and fraud risk for new products, features and partners before launch.
• Maintain fraud case records, incident logs and evidence of control effectiveness.
• Prepare regular risk and fraud management information for the Head of Compliance.
• Support internal audits and regulatory reviews with documentation and evidence.
• Work with Customer Support on fraud-related customer cases and chargebacks.
• Recommend improvements to risk and fraud systems, processes and tooling.

Skills

Fraud risk management

SQL / data analysis

Risk assessment

Analytical mindset

Tools

Sumsub

Unit21

Sardine

Feedzai

Job description

About Fasset

At Fasset, we believe your money should answer to you. We are a banking and investment platform built around a simple idea: more people should have access to the financial system, regardless of where they live. We are building the global financial system for ownership, one that moves what you earn into what you own, so that what you can own is never decided by where you were born.

We operate across emerging markets, with a particular focus on the Middle East, Asia and Africa. Founded by Mohammad Raafi Hossain and Daniel Ahmed, Fasset has become a company valued at $1 billion and holds regulatory approvals across markets including the UAE, Indonesia, Malaysia, the EU, Türkiye and Pakistan.

We are a fast-moving, global team scaling a regulated platform across multiple markets. Our culture runs on HEART: Humble Curiosity, Enthusiasm, Act Like Owners, Raise the Bar, and Tenacity. And we hold one simple view about the people who join us: the owners arrive early.

What you'll do

• Run and maintain the compliance risk assessment and risk register across Fasset's products and markets
• Monitor transactions and account activity for fraud, investigate alerts and escalated cases where needed
• Design, test and tune fraud rules and detection scenarios with Product, Engineering and Data
• Identify and analyse fraud trends such as account takeover, card fraud, promotion and referral abuse, and mule accounts, and recommend controls to address them
• Carry out control testing, document findings and track remediation actions to closure
• Assess compliance and fraud risk for new products, features and partners before launch
• Maintain fraud case records, incident logs and evidence of control effectiveness
• Prepare regular risk and fraud management information (MI) for the Head of Compliance
• Support internal audits and regulatory reviews with documentation and evidence
• Work with Customer Support on fraud-related customer cases and chargebacks
• Recommend improvements to risk and fraud systems, processes and tooling

What you'll bring

Must have

• 3–5 years' experience in fraud, compliance risk, financial crime or risk operations at a fintech, bank, payments company or virtual asset service provider (VASP)
• Hands-on experience with fraud detection or transaction monitoring tools (for example Sumsub, Unit21, Sardine, Feedzai or similar)
• Experience with risk assessments, control testing and risk frameworks
• Strong analytical skills, with confidence working with data (SQL or advanced Excel)
• The ability to turn findings into clear, practical recommendations for technical and non-technical teams
• The ability to work independently in a fast-paced, global organisation across multiple time zones
• A proactive, detail-oriented team player

Nice to have

• Virtual assets or crypto fraud experience, including blockchain analytics tools such as Chainalysis or Elliptic
• Card fraud or chargeback experience
• A relevant certification (CFE, ICA or similar)
• Knowledge of UAE regulatory requirements (CBUAE or VARA)

What we offer

Ownership from day one. High-trust, high-ownership culture where you get room to act like an owner and the support to raise the bar.

• Competitive package, benchmarked across our markets and reviewed as you grow.
• A real path forward through Grow with Fasset (#GwF), our L1–L7 progression framework with both IC and Manager tracks.
• Global exposure working alongside a team spread across seven markets, solving problems that matter for emerging economies.
• Learning and development support to keep growing your craft.