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.

Required Experience

• 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.

Benefits

• 20 days working from abroad: Enjoy the flexibility to work from abroad for 20 days a year (excl high risk countries)
• Wellbeing Budget: Enjoy €60 per month net towards taking care of yourself.
• Lifestyle and Health Support: Reach out for coaching and support whenever you need it via OpenUp.
• 26 holiday days: Time to relax. Plus an extra 2 days off in between 27 and 31 December!
• Commute options: Receive an NS Business Card and participate in our bike lease plan
• Birthday off: It’s your special day! Why spend it at the office?
• WFH Equipment Budget: One off budget of €400 for our new hires.
• Hybrid working: With WFH & Internet allowance at €60 a month.
• Discounted Lunch: Hot and cold meals plus snacks available each day for less than €4 and only pay when you use the service!
• Health Insurance: Insure with ONVZ or receive €125 net towards your own insurance.
• Annual Mollieverse event: All Mollies get together, connect and have fun.