The Role
Lead development and execution of anti-fraud strategy for a BNPL platform. Use data analysis, statistical modelling and detection tools to monitor, investigate, and mitigate fraud, ensure SAMA compliance, report to the board, collaborate with credit and product teams, and continually enhance monitoring rules and controls.
Summary Generated by Built In
We are seeking a dynamic and experienced professional to join our team as the Head of Anti-Fraud, a key position within our rapidly growing BNPL company. In this role, you will be responsible for developing and executing a comprehensive fraud risk management strategy to safeguard our platform and customers from fraudulent activities in line with SAMA regulations.
Key Responsibilities
- Utilize data analysis, statistical modelling, and fraud detection tools to identify suspicious patterns, trends, and anomalies in financial transactions.
- Implement monitoring systems to promptly detect and investigate potential fraud incidents.
- Develop an Anti-Fraud strategy within the company as per SAMA Anti-Fraud Rules
- Execute all required processes that are primarily designed to manage antifraud risk or comply with regulations, policies and procedures including conducting the required investigations.
- Contribution in the preparation of the antifraud reports to the Board of Directors.
- Proactively monitor and review any activities, transactions and data suspected of possible fraud by utilizing appropriate analytical techniques.
- Work well with our credit risk team to establish rules and scenarios for Fraud prevention, mitigation and detection and continuously enhance them.
- Act as the main POC for the regulator (SAMA) in terms of exhibiting Tabby’s anti-fraud unit, its strategies, policies, processes, registers, and metrics.
- Create awareness internally at Tabby on the risks of fraud
- Research and stay on top of all trends related to Fraud especially in BNPL, digital financing, payments, and other fintech related fields and work with our risk and product teams to set into place the required systems to mitigate that fraud risk
- Conduct a periodic assessment of monitoring rules to validate the efficiency of frauds detection and prevention systems.
Skills, Knowledge & Expertise
- A bachelor’s degree in Mathematics, Computer Science or a related technical field.
- 8+ years of working on fraud prevention (within a fintech would be a huge bonus).
- Have led previously end-to-end standardization of fraud risk identification and detection procedures including the
assessment of fraud risk scenarios. - Experienced working with SAMA regulations
- Strong analytical and data capabilities
- SQL/Python is a plus.
- Visualisation technologies such as Tableau is a plus.
- You thrive in ambiguous environments. Ask incisive questions and have an intellectual curiosity. You have a structured approach to problem-solving alongside strong quantitative skills.
- Strong verbal and written communication skills, including an ability to effectively lead interactions with both business and technical teams.
Job Benefits
- We are an international team of inspired professionals located all over the globe.
- We have an inclusive company culture, embracing diversity, integrity and transparency. We strive for work-life balance and cherish the moments you spend with your loved ones, off-work. In the same spirit as for our product, we are caring and nurturing for our employees.
- Our people are granted 100% trust and freedom to apply their own vision and come up with their ideas from day 1 at Tabby. You are the one who takes responsibility for your area of work. We encourage everyone to think and make decisions like Tabby was their own business, well because it is. Our employee stock options programme is available for everyone.
- You will have an opportunity to learn and grow in one of the fastest growing fin tech companies in the region
- We offer you relocation support as well as we guide you through all the process.
- We’ll set you up with the devices required for your work.
About
Tabby creates financial freedom in the way people shop, earn and save, by reshaping their relationship with money.The company’s flagship offering allows shoppers to split their payments online and in-store with no interest or fees. Over 32,000 global brands and small businesses, including Amazon, Noon, IKEA and Shein use Tabby to accelerate growth and gain loyal customers by offering easy and flexible payments online and in stores.Tabby has generated over $7 billion in transaction volume for its partner brands and has the highest rated, most reviewed, largest and fastest growing app of any fintech in the GCC region.Tabby launched operations in 2020 and has raised +$1 billion in equity and debt funding from global and regional investors.
Skills Required
- Bachelor's degree in Mathematics, Computer Science, or related technical field.
- 8+ years working on fraud prevention.
- Fintech experience (BNPL/payments)
- Led end-to-end standardization of fraud risk identification and detection procedures, including assessment of fraud risk scenarios.
- Experience working with SAMA regulations.
- Strong analytical, quantitative and data capabilities.
- Experience with statistical modelling and fraud detection tools and implementing monitoring systems.
- Proven ability to conduct investigations and prepare anti-fraud reports for senior leadership/board.
- Experience collaborating with credit/risk and product teams to design prevention and detection rules.
- Strong verbal and written communication skills and stakeholder management (regulator POC).
- SQL and/or Python (plus).
- Visualization tools such as Tableau (plus).
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The Company
What We Do
Tabby is a financial technology company on a mission to create financial freedom by reshaping people's relationship with money through buy now, pay later services, allowing consumers to split purchases into interest-free payments.
