Fraud Expert

About the Company

The European Payments Initiative is changing the way Europe pays with Wero, a proudly European digital wallet designed to make payments easier, clearer, and more secure. Backed by 16 major banks and the two largest European acquirers, we are building a brand new, proudly European payment system.

Responsibilities

• Conduct end-to-end fraud investigations across issuing and acquiring environments
• Detect, analyze, and document fraudulent activity using transactional data and dashboards
• Perform root-cause analysis on confirmed fraud cases to identify control gaps
• Maintain and enhance fraud dashboards and reporting to track key metrics
• Provide fraud-related support and insights to internal stakeholders and external partners
• Collaborate with the Fraud Data Science team to validate alerts and refine scoring models
• Support incident management processes during fraud events or spikes
• Ensure high-quality, audit-ready documentation of all cases

Requirements

• 3–5 years of experience in fraud analysis and fraud rule management within the payments industry
• Experience in both issuing and acquiring environments
• Understanding of payment flows such as SEPA Credit Transfers and SCT Inst
• Solid understanding of investigation techniques and fraud typologies (CNP, social engineering, account takeover)
• Knowledge of regulatory frameworks like AML, KYC, GDPR, and PSD2/SCA
• Fluent in English (CEFR C1 or C2)
• Strong analytical, critical thinking, and presentation skills

Preferred Qualifications

• Proficiency in Python, SQL, Databricks, or PySpark
• Fluency in French, German, or Dutch
• Professional certifications such as CFE (Certified Fraud Examiner) or CAFS (Certified Anti-Fraud Specialist)