Fraud Analyst

at  ThinkMarkets

ThinkMarkets is a global financial technology company specializing in providing multi-asset trading solutions to thousands of clients worldwide through our flagship ThinkTrader platform. Our mission is to bridge the gap between traders, investors, and platforms by offering seamless access to global markets. We leverage the latest technologies to empower our clients to trade the world in the palm of their hands.
We are seeking a detail-oriented and analytical Fraud Analyst to join our team in Dubai. This critical role is designed to ensure the security and integrity of ThinkMarkets’ operations, protecting the company and its clients from fraudulent activities and financial risks. As a Fraud Analyst, you will play a key role in detecting, investigating, and preventing fraud while contributing to the continuous improvement of fraud detection and prevention systems.
This position requires a proactive individual with experience in fraud management, financial analysis, and a strong understanding of trading or financial platforms. You will work closely with multiple departments, including Compliance, Risk, Treasury, Technology, and Client Services, to maintain the trust and security of our clients.

REQUIREMENTS

• A Bachelor’s degree in Finance, Economics, Business, or a related field (preferred).
• 3+ years of experience in fraud detection, risk management, or a related role within the financial or trading industry.
• Strong understanding of the CFD/FX sector, trading platforms, and client activity.
• Proficient in data analysis and tools such as Excel, SQL, or similar platforms.
• Knowledge of fraud detection software and risk assessment methodologies.
• Excellent problem-solving skills with a keen eye for detail.
• Strong communication skills and the ability to collaborate effectively with cross-functional teams.
• Ability to thrive in a fast-paced, dynamic environment with a proactive and adaptable mindset.
• High ethical standards and a commitment to maintaining confidentiality.

• Monitor and analyze transactions and account activities to identify unusual patterns and potential fraudulent behavior.
• Investigate and resolve fraud cases, working collaboratively with relevant departments to mitigate risks and recover losses.
• Develop, document, and enhance fraud detection policies, procedures, and workflows.
• Use data analytics tools to identify trends, vulnerabilities, and opportunities for improvement in fraud prevention systems.
• Stay updated on the latest fraud trends, tools, and techniques, ensuring ThinkMarkets remains ahead of emerging threats.
• Provide recommendations and implement measures to minimize fraud risks across the company’s products and services.
• Generate detailed reports, including on fraud cases, including root cause analysis and recommendations for process improvements.
• Collaborate with Compliance and Legal teams to ensure adherence to regulatory standards and support audit processes.
• Train and educate staff on fraud awareness and prevention measures.
• Utilize cutting-edge technology to maintain and optimize automated fraud detection systems.