Fraud Protection Engineer

Summary

Join our team as a Fraud Detection & Prevention specialist and play a crucial role in safeguarding our systems and users from financial fraud. You will develop and implement cutting-edge fraud detection systems, investigate suspicious activities, and collaborate with cross-functional teams. Responsibilities include designing and maintaining fraud prevention tools, analyzing fraud trends, and ensuring compliance with industry regulations. This role requires a Bachelor's degree in a related field, experience in fraud detection or cybersecurity, and proficiency in programming languages. Preferred qualifications include relevant certifications and experience with AI/ML-driven fraud detection models. We offer a hybrid or remote work environment and competitive benefits.

Requirements

• Bachelor’s degree in Computer Science, Cybersecurity, Data Science, or a related field
• Experience in fraud detection, risk management, or cybersecurity
• Knowledge of fraud detection methodologies, machine learning models, and risk assessment techniques
• Proficiency in programming languages such as Python, SQL, or Java
• Familiarity with data analytics, anomaly detection, and behavioral analysis
• Understanding of financial fraud, payment systems, and digital transactions
• Strong problem-solving and analytical skills

Responsibilities

• Develop and implement fraud detection systems to identify suspicious activities in real time
• Monitor transaction data and user behavior to detect anomalies and potential fraud attempts
• Collaborate with data scientists to build machine learning models for fraud detection
• Conduct in-depth investigations of suspicious transactions, accounts, and system activities
• Analyze fraud trends, attack vectors, and threat intelligence to stay ahead of fraudsters
• Work with compliance teams to report fraudulent cases and implement security measures
• Design and maintain fraud prevention tools, automated alerts, and response mechanisms
• Implement AI/ML algorithms to enhance fraud detection accuracy and reduce false positives
• Integrate fraud protection solutions with payment gateways, authentication systems, and security frameworks
• Ensure compliance with industry regulations and standards such as PCI-DSS, GDPR, and AML laws
• Assist in developing fraud prevention policies and security best practices
• Collaborate with legal and risk teams to ensure proper fraud reporting and compliance adherence
• Respond to fraud incidents, coordinate investigations, and implement corrective actions
• Work with cybersecurity teams to mitigate risks and enhance fraud protection measures
• Maintain and improve incident response procedures for fraud-related cases

Preferred Qualifications

• Certifications such as Certified Fraud Examiner (CFE) or Certified Information Systems Security Professional (CISSP)
• Experience with AI/ML-driven fraud detection models
• Knowledge of blockchain and cryptocurrency fraud prevention
• Understanding of financial regulations and compliance requirements

Benefits

• Hybrid or remote work options
• Competitive salary and benefits
• Opportunity to work with cutting-edge fraud detection technologies
• Collaboration with cross-functional teams in cybersecurity, compliance, and data science