Fraud Risk Analyst

About Us:

Mbanq is a Banking-as-a-Service provider with operations and customers in the United States. Mbanq was established to provide the technological capabilities necessary to create and operate digital financial services. Mbanq’s solutions are suitable for both retail and corporate clients. Consumer use cases supported range from the basic debit programs (DDA account with a Debit Card) to pay-day advances, personal lines, loans, and secured credit cards. Corporate use cases are currently focused on DDA accounts with Debit cards plus real-time access to all payment rails (standard ACH, Same Day ACH, FedWire, RTP, SWIFT), card issuing and acquiring capabilities, compliance services, and white-labeled web & mobile apps.

The Role:

As a Fraud Risk Analyst, you will be responsible for safeguarding our organization against fraudulent activities by conducting in-depth analysis, identifying potential risks, and implementing preventive measures. You will play a critical role in protecting our financial assets, reputation, and client trust. The ideal candidate should have strong analytical skills, attention to detail, and a deep understanding of fraud detection and prevention techniques.

What You'll do Day-to-Day:

• Fraud Detection: Utilize data analysis and reporting tools to identify suspicious patterns, transactions, and activities indicative of fraudulent behavior.
• Risk Assessment: Assess and evaluate fraud risks associated with various business processes, financial transactions, and client interactions.
• Investigation: Conduct thorough investigations into suspected fraudulent activities, including collecting evidence, interviewing involved parties, and collaborating with law enforcement and legal authorities when necessary.
• Data Analysis: Analyze large datasets to detect anomalies and trends related to fraud, using statistical techniques and modeling to predict potential risks.
• Risk Mitigation: Develop and implement strategies to mitigate fraud risks, including the enhancement of existing fraud prevention measures and the development of new strategies.
• Reporting: Prepare comprehensive industry regulations and standards related to fraud prevention and detection.
• Monitoring Systems: Maintain and optimize fraud detection systems and technologies, ensuring their accuracy and efficiency.
• Collaboration: Work closely with cross-functional teams, to share insights, address issues and implement fraud prevention measures.

About You:

• Bachelor’s degree in business, or a related field. Advanced degrees or certifications (e.g., Certified Fraud Examiner) are a plus.
• Proven experience in fraud detection, investigation, or risk analysis in a financial or fintech environment.
• Proficiency in data and statistical analysis tools and software.
• Strong understanding of fraud detection compliance requirements related to fraud prevention.
• Excellent problem-solving and critical thinking skills.
• Exceptional attention to detail and strong analytical capabilities.
• Effective communication and reporting skills.

• Competitive base salary
• A role that has a decisive impact on positioning our team and company for future growth
• Collaboration with Senior experts from different fields, based in the US and globally
• A culture that encourages trust & promotes an ownership mentality and rapid career growth
• Bonus plan participation.
• Healthcare reimbursement program.