Fraud Prevention Manager | Transaction Monitoring Analyst

🛡️ We’re Hiring: Fraud Prevention Manager | Transaction Monitoring Analyst🕒 Employment Type: Full-Time💼 Level: Mid-Level to SeniorWe are seeking an experienced Fraud Prevention Manager | Transaction Monitoring Analyst to lead fraud prevention initiatives and strengthen transaction monitoring capabilities across financial products and payment channels. This role combines fraud-risk management, transaction analysis, investigation, monitoring strategy, and operational leadership to identify suspicious activity, reduce financial losses, and continuously improve fraud controls.🎯 Key Responsibilities

• Lead fraud prevention and transaction monitoring activities across relevant financial products and payment channels.
• Develop and maintain fraud prevention strategies, controls, procedures, and monitoring frameworks.
• Monitor transactions and customer activity for unusual, suspicious, or potentially fraudulent patterns.
• Review alerts generated by transaction monitoring and fraud detection systems.
• Investigate unusual transaction activity and determine appropriate escalation or resolution actions.
• Analyze transaction behavior, customer profiles, historical activity, and risk indicators during investigations.
• Identify emerging fraud patterns, attack methods, behavioral trends, and transaction anomalies.
• Develop and refine transaction monitoring rules, thresholds, scenarios, and alert parameters.
• Evaluate the effectiveness of existing fraud detection rules and recommend improvements.
• Work with data and technology teams to enhance automated fraud detection and monitoring capabilities.
• Perform root-cause analysis on confirmed fraud incidents and recurring transaction anomalies.
• Develop fraud-risk indicators and monitoring metrics to support proactive risk management.
• Track fraud cases, investigation outcomes, losses, recoveries, and operational performance.
• Prepare management reports covering fraud trends, transaction alerts, investigation results, and key risk indicators.
• Establish appropriate escalation procedures for high-risk or potentially fraudulent activity.
• Coordinate fraud investigations with Risk, Compliance, Legal, Operations, Customer Service, and Technology teams.
• Work with banks, payment processors, merchants, and external partners when investigation support is required.
• Support fraud case management, evidence gathering, documentation, and resolution processes.
• Review customer and transaction risk profiles and recommend appropriate preventive controls.
• Identify weaknesses in payment processes, authentication controls, account security, and transaction workflows.
• Recommend improvements to reduce unauthorized transactions, account takeover, payment fraud, and other financial risks.
• Support the implementation and enhancement of fraud detection platforms and transaction monitoring systems.
• Participate in system testing and validate new fraud rules, scenarios, alerts, and monitoring capabilities.
• Analyze false-positive rates and optimize monitoring processes to improve efficiency and accuracy.
• Conduct periodic reviews of fraud controls and monitoring effectiveness.
• Support fraud-risk assessments for new products, payment methods, markets, and customer journeys.
• Monitor developments in fraud techniques, digital payment risks, and financial crime trends.
• Provide guidance and training to analysts and operational teams on fraud detection and investigation procedures.
• Establish performance standards and quality controls for transaction monitoring activities.
• Ensure investigations and monitoring activities are properly documented and handled according to internal policies and applicable requirements.✅ Requirements
• Bachelor’s degree in Finance, Accounting, Economics, Business, Risk Management, Information Technology, Cybersecurity, or a related field.
• Proven experience in fraud prevention, transaction monitoring, financial crime risk, fraud investigation, or a related discipline.
• Experience within banking, FinTech, payments, e-commerce, insurance, or other financial services environments is preferred.
• Strong understanding of transaction monitoring principles and fraud detection methodologies.
• Knowledge of payment fraud, account takeover, identity-related fraud, card fraud, online fraud, and transaction abuse patterns.
• Experience reviewing and investigating transaction monitoring alerts.
• Strong analytical skills with the ability to identify patterns and anomalies within large datasets.
• Experience developing or optimizing fraud rules, transaction-monitoring scenarios, thresholds, and risk indicators.
• Familiarity with fraud detection, case management, transaction monitoring, or risk-management platforms.
• Experience using SQL, Excel, Power BI, Tableau, Python, or similar analytical tools is advantageous.
• Strong understanding of customer behavior, transaction risk, and fraud-risk indicators.
• Knowledge of financial crime prevention, AML controls, KYC processes, sanctions screening, or related compliance areas is beneficial.
• Strong investigative and evidence-analysis skills.
• Ability to conduct structured investigations and document findings clearly.
• Strong problem-solving and critical-thinking abilities.
• Excellent attention to detail and ability to identify subtle transaction anomalies.
• Ability to balance fraud prevention, customer experience, operational efficiency, and business requirements.
• Strong communication and stakeholder-management skills.
• Experience preparing fraud-risk reports, dashboards, and management presentations.
• Ability to work effectively with Risk, Compliance, Operations, Technology, Data, and Product teams.
• Strong leadership and team-coordination capabilities.
• Ability to manage multiple fraud cases, monitoring activities, and priorities simultaneously.
• Strong understanding of data confidentiality and information-security principles.
• Relevant certifications such as CFE, CAMS, CFCS, or equivalent fraud and financial-crime qualifications are advantageous.🌟 What We Offer
• Competitive salary and comprehensive employee benefits.
• Opportunity to work on fraud prevention and transaction monitoring initiatives.
• Exposure to financial technology, payment systems, digital transactions, and risk-management platforms.
• Opportunities to develop advanced fraud analytics and investigation expertise.
• Professional training in fraud prevention, financial crime risk, transaction monitoring, and data analytics.
• Support for relevant professional certifications and continuous learning.
• Collaborative environment involving Risk, Compliance, Technology, Data, Product, and Operations teams.
• Opportunities to contribute to fraud-control transformation and automation projects.
• Recognition for effective fraud prevention, risk reduction, and operational improvements.
• Career progression toward Senior Fraud Prevention Manager, Fraud Risk Manager, Transaction Monitoring Manager, Financial Crime Manager, or Head of Fraud Risk.