Fraud Analyst
We are looking for a highly motivated Fraud Analyst within the Merchant Risk Management team to help us to prevent fraud, mitigate risks & to deter financial crime related issues.
The goal of the Merchant Risk Management (MRM) team and your role, is to manage all merchant fraud-related risks (financial, reputational, integrity, and operational).
As a Fraud Analyst, you will play a key role in identifying, investigating, and preventing financial crime risks, including fraud, money laundering, terrorist financing, and other illicit activities. You will collaborate with operations, product, legal, compliance, commerce as well as external partners such as law enforcement and acquirers to strengthen fraud controls and enhance detection capabilities, and support regulatory compliance.
Scope of Responsibilities:Proactive monitoring of possible suspicious merchant activity to identify patterns indicative of fraud or financial crime.
Carry out proactive and reactive fraud investigations (Event Driven Reviews) by analyzing payment data and merchant accounts to discover anomalies and trends for fraud or financial crime related risks and/or threats.
Validate, escalate, and action fraud alerts to mitigate potential financial losses and fines to protect Mollie’s platform integrity.
Serve as Subject Matter Expert to advise internal and external stakeholders on fraud trends, typologies and mitigating fraud.
Maintain up-to-date regarding fraud, regulations and compliance standards and be able to apply this within fraud investigations.
Interpret complex fraud scenarios and recommend mitigation strategies and communicate actionable insights to stakeholders across fraud, compliance, operations, and other relevant teams.
Proactively propose solutions and ideas to improve fraud prevention frameworks and processes
Continuously learn and challenge the status quo to stay ahead of emerging fraud trends.
Full professional proficiency in English (Dutch and another additional European language is a plus).
Strong interest in AML, KYC, CDD, Fraud, Financial Risk and Operational Risk or credit risk.
Understanding of one or more of the following areas: Fraud Investigation, Transaction Monitoring, Credit Risk, Risk & Compliance functions and working in a regulated environment.
CAFS, CAMS, NCI or a similar AML/CTF certification is preferable.
Experience in analyzing large datasets to detect fraudulent activity.
Up-to-date knowledge of industry methods and techniques.
Very strong organizational, verbal and interpersonal skills.
Ability to work independently as well as collaboratively within cross-functional teams.