Senior Risk Analyst at MADFIN

Riga, , Latvia -

Full Time

Start Date

Immediate

Expiry Date

24 Aug, 26

Salary

0.0

Posted On

26 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Transaction Monitoring, Fraud Prevention, AML, Risk Management, Sanctions Screening, PEP Screening, Visa Scheme Requirements, Mastercard Scheme Requirements, Financial Crime Prevention, Data Analysis, Regulatory Reporting, Risk Assessment

Industry

Financial Services

Description

We are a London-based fintech company with a mindful approach to financial services. Operating under an FCA-approved Electronic Money Institution (EMI) license, MADFIN delivers card acquiring solutions tailored for fast-moving, high-growth businesses. As we continue to scale, we are looking for an experienced Senior Risk Analyst to support and strengthen our fraud and AML monitoring operations, helping ensure effective risk oversight across our growing merchant portfolio and transaction flows. Support and continuously improve transaction monitoring frameworks across fraud and AML, ensuring effective detection of suspicious and potentially fraudulent activity. Conduct transaction monitoring, alert reviews, investigations, and risk assessments across merchant and payment transaction flows. Analyse transaction patterns, customer behaviour, and merchant activity to identify unusual trends, fraud indicators, and other early warning signals. Contribute to the optimisation of monitoring rules, scenarios, and workflows to improve detection effectiveness while reducing false positives. Support the ongoing enhancement of monitoring tools, processes, data quality, and operational controls. Ensure monitoring activities and controls evolve in line with emerging risks, regulatory expectations, and Visa/Mastercard requirements. Prepare monitoring reports, risk summaries, merchant statistics, and other internal documentation related to fraud and AML oversight. Support the preparation of regulatory reports, documentation, and responses for the FCA and other relevant regulatory authorities. Maintain accurate and audit-ready documentation aligned with internal policies and regulatory expectations. 3+ years of experience in transaction monitoring, fraud prevention, AML, or risk management within payments, fintech, ecommerce, or regulated financial services. Strong understanding of AML transaction monitoring, fraud detection principles, sanctions and PEP screening processes. Good knowledge of Visa and Mastercard scheme requirements, payment flows, and merchant risk monitoring practices. Understanding of UK regulatory expectations related to financial crime prevention, monitoring, and reporting. Experience working with transaction monitoring and screening tools, including alert investigation and risk assessment processes. Experience analysing transaction data, identifying suspicious patterns, and contributing to monitoring rule optimisation and reduction of false positives. Strong analytical and problem-solving skills with attention to detail and ability to work in a fast-paced environment. Good knowledge of English. Competitive salary based on your experience and contribution Excellent health insurance after successful completion of the probation period — including extensive medical coverage, mental health support, and dental care Additional paid Wellbeing Days — take time for your personal needs, health check-ups, or simply to recharge Hybrid work setup — flexible hours with a mix of in-office and remote work Friendly and collaborative team — we value transparency, initiative, and support each other Opportunity to grow together with the company and take on new responsibilities as we scale Startup environment where your voice matters and ideas turn into features fast Gifts from the company for work anniversaries and birthdays — because milestones matter, and we love celebrating them with you!

Responsibilities

The role involves managing fraud and AML monitoring operations to ensure effective risk oversight across merchant portfolios and transaction flows. Responsibilities include optimizing monitoring rules, conducting investigations, and preparing regulatory reports for the FCA.