Senior Fraud Analyst

About Atmaal

Atmaal is seeking a Senior Fraud Monitoring Analyst to join our team in Riyadh. This is a full-time position requiring 2-5 years of relevant experience. The role focuses on safeguarding the organization and its customers by identifying and mitigating financial and operational fraud risks.

Role Overview

The Senior Fraud Monitoring Analyst is responsible for monitoring and analyzing financial transactions using fraud monitoring and prevention systems. This involves identifying suspicious activities, detecting potential fraud risks, and minimizing financial and operational losses. The role includes investigating fraud alerts, implementing preventive actions, and ensuring adherence to internal policies and procedures.

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.

Experience and Qualifications

• A minimum of 2-5 years of experience in fraud monitoring, risk analysis, or a related field.
• Demonstrated ability to analyze financial transactions and identify suspicious activities.
• Proficiency in using fraud detection and prevention systems.
• Strong analytical and problem-solving skills.

Work Environment

This is a full-time position based in Riyadh. The role involves working within a dynamic environment focused on financial security and compliance.