Acquiring Fraud Investigator – 2nd LoD

Finom

Acquiring Fraud Investigator focusing on fraud control and risk management at Finom. Collaborating across teams to ensure effective fraud prevention mechanisms are in place.

Posted 6/25/2026full-timeRemote • 🇨🇾 CyprusJuniorMid-LevelWebsite

Tech Stack

Tools & technologies

SQL

About the role

Key responsibilities & impact

Analyse internal data sources (alerts, chargebacks, disputes, anomaly reports, ML models) and external trends (card schemes, partners, law enforcement, industry intelligence) to identify emerging fraud risks related to acquiring business.
Translate observed patterns into well-defined acquiring fraud scenarios, covering areas such as Card-Present and Card-not-present fraud, friendly fraud and dispute abuse, merchant fraud, transaction laundering, enumeration and testing attacks.
Maintain and continuously enrich the Acquiring Fraud Typology Library, aligned with scheme rules, regulatory expectations, and Finom’s risk appetite.
Work closely with the Fraud Risk Manager, product, engineering, and ML teams to ensure correct translation of acquiring fraud scenarios into rules, thresholds and controls as well as machine-learning features and signals.
Participate in back-testing, validation, and tuning of acquiring fraud controls prior to production release.
Monitor performance metrics (fraud rate, chargeback ratio, false positives, merchant friction) and propose optimisation actions.
Act as a Second Line challenger, providing independent oversight of acquiring fraud risk decisions taken in the First Line.
Support scheme-related topics such as Visa / Mastercard monitoring programs, dispute ratios, and remediation actions.
Establish proper stakeholder management with product teams, risk management, quality assurance and operations teams.
Develop training materials and guidance for acquiring fraud analysts, dispute teams, and QA.
Assist in drafting and reviewing system requirements, procedures, and internal policies related to acquiring fraud prevention.
Actively participate in process improvement initiatives and ad-hoc projects within the Financial Crime Risk Management function.
Perform other duties as reasonably required to support the operational efficiency and fraud loss prevention of Finom.

Requirements

What you’ll need

English – full working proficiency
2–4+ years of experience in fraud risk, acquiring fraud, card fraud, or payments risk within a fintech, PSP, or regulated financial institution
Experience with fraud prevention, fraud detection, fraud investigations and fraud mitigations in the financial (Banking, PSP, FinTech) sector
Solid understanding of card fraud typologies, card scheme rules, and dispute / chargeback mechanics
Knowledge of the payments ecosystem, issuing and acquiring
Experience working with fraud rules, scenarios, or ML-driven controls (end-to-end lifecycle preferred)
Ability to analyse large datasets; experience with SQL and/or BI tools is a strong advantage
Strong analytical and critical-thinking skills
Detail-oriented, proactive, and comfortable working in a fast-paced, scaling environment
Ability to balance risk mitigation with business enablement.

Benefits

Comp & perks

Make a genuine impact on the product
Join our upward trajectory, and grow with us.
Work in the EU
Enjoy the flexibility of traveling and working remotely or in a hybrid model across Europe.
Become a stock options holder
Unlock your inner entrepreneur through our Stock Options Program.
Receive unwavering support and care
Constant support to ensure your Finom experience is successful and fulfilling.
Immerse yourself in our exclusive Work & Swim Program
Spend one month in a comfortable corporate apartment in enchanting Cyprus.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

fraud risk analysisacquiring fraudcard fraudpayments riskfraud preventionfraud detectionfraud investigationsSQLBI toolsmachine learning

Soft Skills

analytical skillscritical-thinking skillsdetail-orientedproactivestakeholder managementcommunication skillsability to balance risk and businessteam collaborationtraining developmentprocess improvement