IBM Safer Payments Specialist Banking Fraud Systems

Leuwint Technologies; Saudi Arabia; On-site; SAR 60,000 - 110,000; Full time

Job summary

An established industry player seeks a seasoned IBM Safer Payments Specialist to enhance fraud detection and prevention in banking. This role involves leading the implementation of IBM Safer Payments across various channels, configuring fraud detection rules, and collaborating with cross-functional teams to ensure robust fraud prevention. The ideal candidate will possess extensive experience in banking environments, a deep understanding of fraud mechanisms, and strong communication skills. Join this innovative firm to make a significant impact on safeguarding customer transactions and payment systems.

Qualifications

• 5+ years of experience with IBM Safer Payments in banking.
• Deep understanding of fraud detection mechanisms and typologies.
• Strong knowledge of banking payment systems and regulatory requirements.

Responsibilities

• Lead implementation and optimization of IBM Safer Payments.
• Configure fraud detection rules and real-time risk scoring models.
• Collaborate with fraud analysts and cybersecurity teams.

Skills

IBM Safer Payments / IRIS

Fraud detection mechanisms

Banking payment systems

SQL

Data analysis

Rule scripting

APIs

Regulatory requirements (KYC/AML)

Communication skills

Tools

APIs

MQ

SOAP/REST

Job description

We are looking for a seasoned IBM Safer Payments Specialist to join our banking fraud risk and security team. As a subject matter expert in real-time fraud detection and prevention, you will play a critical role in protecting our payment systems and customer transactions. You will lead the implementation, configuration, and ongoing enhancement of IBM Safer Payments (IRIS) across multiple payment channels to safeguard against evolving fraud threats.

Key Responsibilities:

• Lead the implementation and optimization of IBM Safer Payments in a large-scale banking environment.
• Configure fraud detection rules, decisioning strategies, and real-time risk scoring models tailored to digital and traditional banking channels.
• Integrate Safer Payments with core banking systems, payment rails (ACH, Wire, SWIFT, RTP), and customer touchpoints (mobile, online, ATM).
• Monitor and tune performance of the fraud platform to ensure minimal latency and maximum detection accuracy.
• Collaborate with fraud analysts, cybersecurity teams, compliance, and IT to maintain a robust fraud prevention framework.
• Perform system upgrades, patching, and ongoing health checks while ensuring high availability and regulatory compliance.
• Analyze fraud trends and proactively adapt the Safer Payments platform to address new attack vectors.
• Support internal audits, regulatory reviews, and incident investigations with technical insights and system data.

Required Skills & Qualifications:

• 5+ years of hands-on experience with IBM Safer Payments / IRIS in a banking or financial services environment.
• Deep understanding of fraud detection mechanisms and fraud typologies (e.g., phishing, synthetic identity, mule accounts, account takeover).
• Strong knowledge of banking payment systems, including ACH, SWIFT, ISO 20022, Wire Transfers, RTP, and card networks.
• Proficiency in SQL, data analysis, and rule scripting for fraud detection.
• Experience integrating with enterprise platforms using APIs, MQ, SOAP/REST, and batch feeds.
• Familiarity with regulatory requirements related to fraud, KYC/AML, and transaction monitoring.
• Strong communication skills for cross-functional collaboration and stakeholder engagement.

Job Location - Riyadh, Saudi Arabia