Anti-Fraud Associate

SupportFinity™; Riyadh; On-site; SAR 70,000 - 90,000; Full time

Job summary

A reputable financial services company is seeking an Anti-Fraud Associate in Riyadh, Saudi Arabia. This role involves detecting and preventing fraudulent activities by analyzing transactions and ensuring compliance with anti-fraud policies. The ideal candidate holds a relevant bachelor's degree, possesses strong analytical abilities, and is familiar with fraud detection tools. Join us to protect our assets and reputation.

Qualifications

• Bachelor’s degree in a relevant field is required.
• Strong analytical and problem-solving skills are necessary.
• Familiarity with fraud detection tools and software is advantageous.
• Knowledge of financial systems and fraud risk management is preferred.
• Excellent communication skills are a must.
• Experience in anti-fraud or risk management is preferred.

Responsibilities

• Analyze transactions to identify potential fraudulent behavior.
• Investigate and escalate suspicious activities as required.
• Use tools to monitor data and detect fraud trends.
• Collaborate with teams to resolve fraud-related issues.
• Ensure compliance with anti-fraud policies and regulations.

Skills

Analytical skills

Problem-solving skills

Communication skills

Knowledge of financial systems

Familiarity with fraud detection tools

Education

Bachelor’s degree in Finance, Business, Data Analytics, or related field

Tools

Fraud detection tools and software

Job description

Position Details

Department: Risk B2C

Employment Type: Full Time

Location: KSA

Reporting To: Abdulrahman Alobaidan

Job Summary

The Anti-Fraud Associate is responsible for detecting, investigating, and preventing fraudulent activities by monitoring transactions, analyzing data, and ensuring adherence to anti-fraud policies. This role works closely with internal teams to mitigate fraud risks and protect the organization’s assets and reputation.

Key Responsibilities

• Monitoring Transactions: Analyze customer transactions and account activities to identify unusual patterns and potential fraudulent behavior.
• Investigation and Reporting: Investigate flagged transactions and escalate suspicious activities as needed, prepare detailed reports for management, and maintain case files with supporting evidence.
• Data Analysis: Use fraud detection systems and analytical tools to monitor data, detect fraud trends, and recommend process improvements.
• Collaboration: Work with cross-functional teams, including Customer Service, Compliance, and Legal, to resolve fraud-related issues effectively.
• Policy Adherence: Ensure compliance with anti-fraud policies, relevant regulations, and industry standards.

Skills, Knowledge & Expertise

• Bachelor’s degree in Finance, Business, Data Analytics, or a related field.
• Strong analytical and problem-solving skills.
• Familiarity with fraud detection tools and software.
• Knowledge of financial systems, payment methods, and fraud risk management.
• Excellent communication and reporting skills.
• Experience in anti-fraud, risk management, or a related field (preferred).