Fraud Analyst (Counter Fraud Specialist)

Job Description

Job Title: Fraud Analyst (Counter Fraud Specialist)

Job Description: The specialist develops fraud risk strategies through data analysis (SQL), internal fraud case investigation, and control effectiveness assessment across the organization. The role serves as a SAMA-facing subject matter expert, providing evidence, documentation, and responses to SAMA inquiries. Experience in or alongside Big Four consulting firms on fraud risk management frameworks aligned with SAMA CFF is specifically valued.

Responsibilities:

• Support the development, implementation, and continuous enhancement of Tamara’s Internal Fraud Framework in alignment with SAMA’s Counter-Fraud Framework (CFF)
• Analyze fraud and operational data to detect trends and control weaknesses using SQL and analytical tools to generate actionable insights
• Investigate internal fraud cases and perform deep-dive analyses into potential internal misconduct in collaboration with relevant stakeholders
• Prepare evidence, documentation, and reports required by SAMA or internal governance bodies; serve as a SAMA-facing representative on fraud risk topics
• Perform fraud risk assessments, control testing, and thematic reviews to evaluate the effectiveness of preventive and detective measures
• Draft, update, and maintain fraud risk policies and procedures
• Monitor fraud and risk alerts daily related to internal fraud and take appropriate oversight actions
• Identify emerging fraud patterns and work with control owners to implement risk mitigation measures
• Maintain proper documentation for all investigations, reviews, and control testing performed

Qualifications Needed:

• 4–7 years of experience in fraud risk management, internal fraud, or governance — preferably within a regulated financial institution or fintech
• Experience within or alongside Big Four consulting firms in establishing or assessing internal fraud frameworks aligned with SAMA CFF or similar regulatory standards
• Technical proficiency in SQL and comfort with analyzing large datasets
• Strong investigative and analytical skills with hands-on exposure to fraud operations and risk assessment
• Demonstrated experience working with regulators (SAMA), preparing documentation, and ensuring compliance against regulatory frameworks
• Strong collaboration and communication skills with ability to work cross-functionally and influence stakeholders
• Educational background in IT, Computer Engineering, Software Engineering, or another technical field preferred
• KSA or GCC citizenship preferred (screening question on application)

What the Company Offers:

• Second-line fraud risk ownership at Saudi Arabia’s leading fintech unicorn under direct SAMA regulation
• SAMA-facing role with direct engagement in regulatory evidence preparation and framework alignment
• Work within a vibrant team of 40+ nationalities at one of the most competitive tech companies in the region
• Career mobility, mentoring, and cross-border collaboration across Riyadh, UAE, Egypt, Germany, and Vietnam
• PIF-backed company at the forefront of fintech innovation in Saudi Arabia and the GCC

Are you interested in this position? Apply by clicking on the “Apply Now” button below!

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