Fraud Analyst Digital Payments

PayTech Nexus Ltd; Dubai; On-site; AED 180,000 - 260,000; Full time

Job summary

PayTech Nexus Ltd. is seeking a Fraud Analyst for Digital Payments on a 12-month on-site contract in the UAE. The role focuses on detecting, analyzing, and preventing fraud while minimizing losses across card portfolios.

You will develop proactive analytics, leverage predictive modeling, and improve transaction security and authorization performance. Strong English communication is required; Arabic is a plus.

Qualifications

• The candidate holds a relevant bachelor degree and has experience in banking or FinTech fraud.
• Proven ability to detect and mitigate fraud across card portfolios.
• Strong knowledge of predictive analytics and data-driven decision making.

Responsibilities

• Lead fraud detection and prevention across credit and debit card portfolios.
• Develop and optimize fraud rules and alerts based on trends and risk indicators.
• Drive analytics and predictive modeling to identify fraudulent patterns.
• Collaborate with business to refine fraud strategies and security controls.
• Monitor card authorization performance and improve approval rates.
• Deliver insights and process improvements through data analytics.

Skills

Fraud detection

Fraud analytics

Predictive modeling

Card transaction lifecycle

Data analysis

English communication

Education

Bachelor's degree in Finance/Business/Computer Science/IT

Tools

Scheme tools

Job description

Job Title: Fraud Analyst - Digital Payments

Employment type: Contract (On-site)

Contract length: 12 months

Location: UAE

PURPOSE OF THE PROJECT

The job holder will be responsible for leading the Fraud Risk and Analytics function for credit and debit card portfolios with a focus on detecting analyzing and preventing fraudulent activity while minimizing business losses. The role drives the development of proactive fraud analytics capabilities through predictive modeling customer behavior analysis and point-of-compromise investigations to identify emerging threats and strengthen fraud controls. You will be accountable for evaluating payment technologies improving transaction authorization rates and leveraging risk management tools to enhance fraud prevention strategies. The position also supports business growth and operational efficiency through data-driven insights root cause analysis process improvements and the implementation of industry best practices to ensure a secure and resilient payments environment.

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:

• Bachelors degree in Finance Business Computer Science Information Technology or a related field (Masters 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.