Senior Fraud Analyst

Atmaal; Riyadh; On-site; SAR 60,000 - 95,000; Full time

Job summary

Atmaal is seeking a Fraud Monitoring Specialist to analyze alerts, investigate fraudulent activity, and coordinate with banks and teams to prevent losses while ensuring policy compliance.

The role requires strong analytical skills, attention to detail, and bilingual communication in Arabic and English, with a focus on timely action and reporting.

Qualifications

• 2+ years of experience in fraud monitoring, prevention, or investigations.
• Experience analyzing financial transactions and suspicious activity.
• Proficiency with fraud monitoring systems and risk practices.
• Excellent Arabic and English communication skills.

Responsibilities

• Monitor fraud detection systems and analyze alerts to identify suspicious activity.
• Review customer records and transactions to verify accuracy and identify fraud indicators.
• Investigate suspected fraud cases and take appropriate action.
• Communicate with customers to verify reported fraud and suspicious activity.
• Prepare periodic reports on incidents, risks and outcomes.
• Coordinate with internal teams, banks and institutions to resolve cases.
• Escalate high-risk incidents to management for rapid action.
• Analyze trends to improve fraud prevention controls.
• Support enhancement of early detection processes and monitoring efficiency.

Skills

Analytical skills

Attention to detail

Fraud investigation

Risk assessment

Time management

Pressure handling

Cross-functional communication

Confidentiality awareness

Tools

Microsoft Excel

Job description

Responsible for monitoring and analyzing financial transactions through fraud monitoring and prevention systems to identify suspicious activities, detect potential fraud risks, and minimize financial and operational losses. The role involves investigating fraud alerts, taking appropriate preventive actions, and ensuring compliance with internal policies and procedures to protect the organization and its customers.

Key Responsibilities

• Monitor fraud detection systems and analyze alerts to identify suspicious transactions and unusual activities.
• Review customer records and financial transactions to verify accuracy and identify potential fraud indicators.
• Investigate suspected fraud cases, analyze relevant data and evidence, and take appropriate action.
• Communicate with customers to verify reported fraud cases and suspicious transactions.
• Prepare periodic reports on fraud incidents, identified risks, and investigation outcomes.
• Monitor fraud system performance and report technical issues, delays, or operational inefficiencies.
• Coordinate with internal departments, banks, and financial institutions to resolve fraud-related cases.
• Escalate critical fraud incidents and high-risk cases to management for immediate action.
• Analyze fraud trends and patterns and recommend improvements to fraud prevention controls.
• Support the enhancement of early fraud detection processes and monitoring efficiency.

Qualifications & Experience

• Minimum of 2 years of experience in fraud monitoring, fraud prevention, or financial fraud investigations.
• Experience in financial transaction analysis and suspicious activity investigations.
• Good knowledge of fraud monitoring systems and risk management practices.
• Proficiency in Microsoft Office applications, particularly Excel.
• Strong data analysis and reporting capabilities.
• Excellent communication skills in both Arabic and English.

Required Skills

• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Fraud investigation and suspicious activity detection.
• Risk assessment and decision-making.
• Time management and prioritization.
• Ability to work under pressure and handle critical cases.
• Effective communication and cross-functional coordination.
• High level of confidentiality and data protection awareness.