Fraud and AML Specialist

Xpate; United Kingdom; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Hybrid work hours

Private health insurance

Paid time off

Apple equipment

Job summary

XPATE is seeking a Fraud & AML Specialist to safeguard merchant portfolio and payment flows. You will own merchant fraud monitoring, manage the internal monitoring tool, and support AML alert oversight.

You will analyse trends, prepare insights, and collaborate with Compliance, Risk and Client Managers to drive investigations and improvements, in a hybrid UK role.

Qualifications

• Proven experience in fraud prevention within acquiring or PSP services is mandatory.
• Experience with Visa and Mastercard scheme monitoring programs is expected.
• Strong understanding of merchant fraud risks and rule-based monitoring approaches.
• Hands-on experience with fraud or transaction monitoring tools and optimisation.
• Basic AML concepts knowledge with willingness to deepen expertise.
• Experience with dashboards, BI tools or SQL-based reporting is a plus.
• Excellent English communication and attention to detail.

Responsibilities

• Monitor and manage merchant fraud risks across products, payment methods, and transaction flows.
• Own and configure the internal monitoring tool, tuning rules for optimisation.
• Detect and elevate early warning signals related to merchant fraud.
• Support AML alert oversight and identify unusual client behaviour.
• Analyse fraud- and AML-related data, trends, and patterns across the merchant portfolio.
• Prepare fraud monitoring insights and dashboards with KPIs and KRIs.
• Collaborate with Client Managers, Compliance, Risk, and other teams on investigations.
• Contribute to process improvements and enhancements of monitoring logic and tooling.

Skills

Fraud prevention experience

Visa/Mastercard monitoring

Merchant risk understanding

Fraud/transaction monitoring tools

AML concepts

BI tools / dashboards / SQL reporting

English communication

Tools

Fraud monitoring 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.

What working at xpate looks like:

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.

• 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.

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.