Fraud Specialist

About the Role

Moyasar is seeking a Fraud Specialist to join its team in Riyadh. As a financial company operating in the payments sector, fraud prevention is critical for protecting customers, payment services, and business operations. This full-time role involves monitoring transactions and user activity, investigating suspicious cases, and supporting effective fraud detection and prevention within the company's payment and wallet environment.

Key Responsibilities

• Monitor transactions, accounts, and user activity to identify potential fraudulent behavior.
• Review and investigate fraud alerts and suspicious transactions.
• Analyze transactional and non-transactional data to identify unusual patterns, trends, and fraud indicators.
• Investigate suspected fraud cases and document findings clearly.
• Assess and authorize high-risk payment transactions in line with established fraud controls and procedures.
• Raise and manage chargeback claims on behalf of customers and follow up on cases through resolution.
• Support the identification and prevention of emerging fraud typologies.
• Escalate high-risk or complex cases to appropriate stakeholders.
• Maintain accurate records of fraud investigations, decisions, chargebacks, and actions taken.
• Work with relevant teams to improve fraud detection rules, monitoring processes, and controls.
• Analyze fraud trends and prepare reports and insights for management.
• Support continuous improvement of fraud prevention and detection processes.
• Collaborate with Risk, Operations, AML, Compliance, and other relevant teams as required.

Qualifications and Experience

• 1-3 years of experience in fraud, fraud operations, fraud analysis, financial crime, or a related field.
• Hands-on experience in fraud detection, monitoring, investigation, transaction analysis, or a similar area.
• Bachelor's degree in Finance, Business, Accounting, or a related field.

Required Skills

• Strong attention to detail and ability to make well-supported decisions based on available data.
• Good communication and documentation skills.

Work Environment

The role requires willingness to work rotating shifts in a 24/7 operational environment, including day and night shifts, to ensure continuous fraud prevention coverage.

Application Process

Interested candidates are encouraged to apply for this position in Riyadh, Riyadh.