Anti-Fraud Product Owner

Reposted 5 Hours Ago
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Limassol
In-Office
Mid level
eCommerce • Fintech • Payments
The Role
Lead the development of anti-fraud strategies, collaborate with teams to enhance fraud prevention, and ensure compliance with regulations.
Summary Generated by Built In
FYST [faist] is a one-stop payment solution powerhouse for global online businesses.  As the Anti-Fraud Product Owner, you will define and lead the development of anti-fraud strategies and solutions for both our PSP and Payment Gateway products. You will be responsible for delivering high-impact fraud prevention capabilities that align with Visa and Mastercard requirements, regulatory standards, and evolving trends in fraud. You’ll collaborate with stakeholders across Engineering, Risk, Compliance, Operations, and external partners to deliver resilient and intelligent fraud controls.

WHAT YOU'LL BE WORKING ON

  • Own the end-to-end fraud prevention product roadmap for both the PSP and Payment Gateway platforms.
  • Design and deliver anti-fraud features including rules engines, transaction scoring, behavioral analysis, and real-time monitoring systems.
  • Ensure all solutions meet Visa and Mastercard compliance standards, including TC40, SAFE, VROL, and Ethoca integrations.
  • Collaborate with Engineering, Data Science, Compliance, and Risk teams to define product requirements and build scalable fraud prevention infrastructure.
  • Develop real-time risk scoring systems and enhance fraud detection accuracy across various transaction types.
  • Monitor fraud KPIs such as false positives, chargeback rates, and fraud-to-sales ratios to drive ongoing optimization.
  • Provide merchants with flexible tools like customizable rules and risk segmentation, and integrate with third-party fraud tools as needed.
  • Support investigations and response efforts during fraud incidents, collaborating with internal teams and external partners.
  • Stay current on relevant regulations such as PSD2, 3DS2, AML/KYC, PCI DSS, and GDPR.

WHAT YOU NEED TO SUCCEED IN THIS ROLE

  • Hands-on experience designing and launching anti-fraud solutions for both PSP and gateway environments.
  • Deep understanding of fraud patterns, risk management strategies, and fraud detection technologies.
  • Knowledge of Visa and Mastercard fraud-related requirements and programs.
  • Ability to translate fraud trends and business needs into scalable product features.
  • Strong collaboration and communication skills within cross-functional agile teams.
  • Understanding of chargeback management systems and dispute flows.
  • Familiarity with APIs, SQL, or basic data analysis.
  • Background in machine learning model development or integration is a plus.
  • Fluency in English and Russian

WHAT WE OFFER

  • An opportunity to make something great even greater, you can be the reason why we grow, develop, and become the best fintech company on the market!
  • Career prospects - we are young, we have huge ambitions, and it is important that our employees grow with us 
  • Work with coworkers who are passionate about their business;
  • Compensation that will fully correspond to the competence and knowledge, with yearly performance reviews
  • The opportunity to attend conferences, courses, and professional development at the company's expense - we favor the continuous development of our employees;
  • Private health insurance coverage; 
  • 20 days of vacation time; Bank holidays; Sick leaves; Additional birthday day off; 
  • Team building events and corporate parties.

You can find out more about our team, our values, and the unique ways we celebrate our successes here: https://fyst.com/culture 

Top Skills

APIs
Machine Learning
SQL
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The Company
Riga
83 Employees
Year Founded: 2022

What We Do

FYST [faist] is a one-stop tech, payments and technology consultancy for eCommerce and FinTech businesses. It empowers entrepreneurs with a unique mix of agile technical payments capabilities, payment technologies guidance, regulatory compliance, and AML advisory services from its team of payment and banking industry leaders. Focused on technological excellence FYST offers clients a full scope of integration and software advisory, complemented by in-house payment gateways development. Designed to help businesses navigate the fast-growing cross-border eCommerce market, FYST brings together leading fintech innovators under one brand, combining unparalleled technical ingenuity, and tailored advice to help fledgling businesses successfully scale up, and receive access to more than 70 global payment methods via the network of partners.

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