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Contract TypeContract TypeSeasonal
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh

About the Role

Quantum Talent Group is seeking an Authorization & Fraud Consultant for a 12-month contract position. This role will support a leading financial institution in Riyadh, Saudi Arabia, by enhancing payment authorization performance, strengthening fraud risk mitigation, and optimizing the customer transaction experience. The position requires deep expertise in card payments, authorization strategies, fraud prevention, and data-driven decision-making within the banking and payments sector. The consultancy aims to drive significant improvements in authorization success rates and ensure robust protection against fraud, while maintaining a seamless customer experience.

Key Responsibilities

  • Evaluate authorization performance across card portfolios to identify and implement opportunities for improving transaction approval outcomes.
  • Analyze transaction declines, authorization trends, and their customer impact to recommend strategic performance enhancements.
  • Review and assess existing fraud control measures and monitoring strategies for effectiveness against emerging threats.
  • Support the development and implementation of balanced risk strategies that protect customers while ensuring a seamless payment experience.
  • Monitor and report on key performance indicators (KPIs) related to authorization, fraud, and transaction activity.
  • Generate analytical insights and management reports to inform business and risk stakeholders.
  • Collaborate with cross-functional teams, including card operations, risk management, operations, compliance, and technology departments.
  • Participate in the implementation and ongoing optimization of authorization and fraud management initiatives.
  • Identify opportunities for process improvements and the adoption of industry best practices.
  • Provide expert subject matter guidance on card authorization, payment risk, and current fraud trends.

Qualifications and Experience

  • A minimum of 10 years of progressive experience in card payments, authorization management, fraud prevention, or risk management.
  • Strong understanding of card issuing operations and transaction authorization processes.
  • Proven experience in analyzing authorization performance, transaction declines, and identifying fraud trends.
  • Familiarity with authorization and fraud management platforms.
  • Demonstrated strong analytical and problem-solving capabilities.
  • Ability to translate complex data analysis into practical business recommendations.
  • Excellent stakeholder engagement and communication skills, with the ability to influence and collaborate across different levels and departments.
  • Previous experience working within banking, card issuing, fintech, or payment services organizations.

Required Skills and Expertise

  • Authorization Strategy
  • Fraud Risk Management
  • Card Payments Expertise
  • Transaction Monitoring
  • Portfolio Analytics
  • Data Analysis & Reporting
  • Stakeholder Management
  • Process Optimization
  • Risk Assessment
  • Banking & Financial Services Knowledge
  • Authorization Management
  • Fraud Prevention Strategies
  • Risk Management Principles
  • Card Issuing Operations
  • Transaction Authorization Processes
  • Authorization Performance Analysis
  • Transaction Decline Analysis
  • Fraud Trends Analysis
  • Authorization and Fraud Management Platforms
  • Analytical and Problem-Solving Capabilities
  • Stakeholder Engagement
  • Communication Skills
  • Banking Sector Experience
  • Card Issuing Experience
  • Fintech Industry Knowledge
  • Payment Services Expertise
  • Card Authorization Strategy Development
  • Transaction Monitoring Techniques
  • Fraud Analytics
  • Payment Network Rules
  • Industry Standards in Payments
  • Regulatory Requirements in Financial Services
  • Reporting Tools and Dashboards
  • Performance Analytics
  • Payment Fraud Trends
  • Risk Management Practices

Contract Details and Location

This is a 12-month contract position. The role is based in Riyadh, Saudi Arabia. Quantum Talent Group is the hiring company for this consultancy.


Requirements

  • Requires +10 Years experience

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