Fraud and AML Specialist

Xpate; Greater London; Hybrid; GBP 65,000 - 100,000; Full time

Benefits offered by this job

Flexible working hours

Hybrid work options

Private health insurance

Paid time off

Apple equipment

Job summary

xpate is seeking a Fraud & AML Specialist to safeguard merchant portfolios and payment flows. You will own merchant fraud monitoring, configure and optimise the internal monitoring tool, and support AML alert oversight.

You’ll work hands-on with transaction data, monitoring rules, and early risk signals to prevent losses and support merchant growth. Hybrid work, private health insurance, and modern tooling are offered.

Qualifications

• Proven fraud prevention experience in acquiring or PSP services (mandatory).
• Experience with Visa and Mastercard scheme monitoring programs.
• Strong understanding of merchant fraud risks and rule-based monitoring approaches.
• Hands-on with fraud or transaction monitoring tools and optimisation.
• Basic AML concepts and willingness to develop deeper AML monitoring expertise.
• Experience with dashboards, BI tools, or SQL-based reporting.
• Analytical, detail-oriented and comfortable with large transaction data sets.
• Clear, professional English communication.

Responsibilities

• Monitor and manage merchant fraud risks across products and payment methods.
• Own the internal monitoring tool, including configuration and rule tuning.
• Detect early warning signals and escalate abnormal patterns.
• Support AML alert oversight and identify unusual client behaviour.
• Analyse fraud- and AML-related data, trends, and patterns.
• Prepare fraud monitoring insights and dashboards (KPIs, KRIs).
• Collaborate with Client Managers, Compliance, Risk and other teams on investigations.
• Contribute to process improvements and tooling enhancements.

Skills

Fraud prevention

Visa/Mastercard monitoring

AML concepts

Fraud monitoring tools

BI dashboards

English communication

Analytical mindset

PSP services knowledge

Tools

SQL

BI tools

Job description

As a Fraud & AML Specialist, you’ll play a key role in safeguarding our merchant portfolio and payment flows. Your primary focus will be Merchant Fraud Monitoring and ownership of our internal monitoring tool, while also supporting AML alert oversight and identification of unusual client behaviour.

You’ll work hands-on with transaction data, monitoring rules, and early risk signals — helping prevent losses, protect our platform, and support sustainable merchant growth.

Your role at xpate:

• Monitor and manage merchant fraud risks across products, payment methods, and transaction flows.
• Act as the key user and owner of the internal monitoring tool, including configuration, tuning, and optimisation of monitoring rules.
• Detect, assess, and elevate early warning signals related to merchant fraud, including abnormal transaction patterns, behavioural changes, and limit breaches.
• Support AML alert oversight, assisting with identification of unusual or deviating client behaviour and escalation where required.
• Analyse fraud- and AML-related data, trends, and patterns across the merchant portfolio.
• Prepare fraud monitoring insights and basic reporting, including KPIs, KRIs, and dashboards.
• Work closely with Client Managers, Compliance, Risk, and other internal teams to support investigations and merchant communication.
• Contribute to process improvements, including enhancement of monitoring logic, workflows, and internal tooling.

We’re ready to meet you, if…

• You have proven experience in fraud prevention within acquiring or PSP services (mandatory).
• You have experience working with Visa and Mastercard, including scheme monitoring programs.
• You have a strong understanding of merchant fraud risks, transaction patterns, and rule-based monitoring approaches.
• You’ve worked hands-on with fraud or transaction monitoring tools and understand how to optimise them.
• You have a basic understanding of AML concepts and are willing to develop deeper AML monitoring expertise.
• Experience with dashboards, BI tools, or SQL-based reporting is a strong plus.
• You’re analytical, detail-oriented, and comfortable working with large volumes of transaction data.
• You communicate clearly and professionally in English.

You’ll be part of a team that takes risk seriously but practically. You’ll work with real payment flows, evolving fraud patterns, and live merchant behaviour — in an environment where your judgement, accuracy and improvements have a direct impact.

Comprehensive Compensation Package

• A competitive salary, based on your experience and expertise.

Tools & flexibility to succeed

• Flexible working hours and hybrid work options.
• Private health insurance and paid time off.
• Top-of-the-line Apple equipment to support your work.

Ownership, impact, and growth

• End-to-end ownership of your cases and processes.
• Direct impact on merchant experience and risk outcomes.
• A collaborative culture where improvements are encouraged and growth is supported.

Why join xpate?

We’re building the financial backbone of the future — where payments are monitored intelligently, risks are detected early, and businesses scale safely. If you want ownership, real fintech complexity and room to grow across fraud and AML, xpate is the place for you.

About Us

xpate’s story

xpate is an all-in-one money management platform built for businesses, fintechs, and regulated industries. Born in Riga and now spreading around the globe, xpate helps digital businesses pay, get paid, and keep money flowing seamlessly and securely across borders, industries, and technologies.