Fraud Risk Analyst

  • Unlimit
  • Limassol, Cyprus
  • 11/03/2024
Full time Finance Fintech Forex

Job Description

About Unlimit

Founded in 2009, Unlimit is a global fintech company that offers a large portfolio of financial services, including payment processing, Banking as a Service (BaaS), and an on-ramp fiat solution for crypto, DeFi, and GameFi. The company’s mission is to deliver solutions that eliminate financial borders, enabling businesses to operate locally and internationally easily across Europe, the UK, LatAm, APAC, India, and Africa. Unlimit has over 500 employees across 16 offices and five continents, including London, Frankfurt, Singapore, São Paulo, Hong Kong, and Mexico. For further information, please visit

About the role:

This role will be at the forefront of the Company’s fraud prevention efforts working effectively to identify anomalies, prioritise initiatives, and develop scalable solutions.

Part of this role is also to facilitate the Company’s growth by scaling internal processes and focus on continuous optimisation and automation.


  • Handle queries relating to prospective and existing merchants in Europe, APAC and LATAM;
  • Transactions monitoring and analysis (from acquiring and issuing side);
  • Identify and explore new approaches and data sources to support improvements to existing and new fraud strategies;
  • Review merchant transactions to flag or identify suspicious activity;
  • Flag any transactional pattern that does not fit the expected activity and perform an investigation to ensure compliance with Card Scheme regulations, internal policy, and procedure;
  • Reviewing and monitoring Fraud levels as per Card Scheme regulations and also internal accepted levels and providing proactive notifications to the wider Risk team, merchants, and other stakeholders;
  • Identify system improvements to prevent fraudulent activities, and ensure confidentiality of all information collected from tools;
  • Analyse payment data to discover anomalies and trends for fraud and chargeback prevention;
  • Generate reports and insights regarding fraud;
  • Evaluate existing procedures to refine and optimise transactions monitoring process;
  • Provide support for periodical reviews and audits;
  • Continuous process improvement and sharing best practices;
  • On-call duties to cover the monitoring function of the Antifraud system with the aim of testing new features, the effectiveness of the changes, new releases etc


  • At least 3 years of experience working in payments risk;
  • Prior experience working with anti-fraud systems;
  • Solid knowledge of fraud, Card Scheme rules, and ability to provide detailed requirements to internal and external stakeholders;
  • Ability to anticipate problems, opportunities, and the initiative to pursue solutions;
  • Understanding of Card Scheme rules/regulations and internal procedures that affect risk, fraud, and dispute processing;
  • Strong analytic skills and advanced Excel experience;
  • Excellent investigation skills;
  • Extremely detail-oriented, organised and have the ability to multi-task;
  • Able to work in an independent way, while at the same time being a strong collaborator, connecting with colleagues and sharing ideas to improve effective teamwork;
  • Take initiative, ownership and committed to challenging the status quo;
  • Self-starter who enjoys a fast-paced environment;
  • Analytical skills to identify and assess potential fraud and compliance issues and ability to escalate when appropriate;
  • Ability to work in a high-paced environment where priorities may shift quickly;
  • A good command of written and spoken English, and other languages are an asset

We offer:

  • Attractive monthly salary paid in line with experience
  • Vacation, sick, and paid holidays
  • Full-time: 5/2 (Saturday and Sunday days off)
  • Modern workplace with all necessary equipment
  • A team of top international professionals to learn from
  • Multicultural working environment