Fraud Officer

Role Description The Fraud Officer is a full-time, on-site role based in Baghdad. This position is responsible for monitoring electronic payment transactions, detecting suspicious activities, and investigating potential fraud across BeePay’s services, including prepaid cards, digital wallets, POS terminals, payment gateways, and other payment channels. The role involves reviewing fraud alerts, analyzing transaction patterns, conducting investigations, and recommending appropriate preventive measures to minimize fraud risks and potential financial losses. The Fraud Officer works closely with the AML team to identify activities that may involve both fraud and money laundering risks and escalates significant cases to the Head of AML. The position also includes coordinating with relevant internal teams, handling fraud-related complaints, preparing investigation reports, maintaining accurate records, and supporting the improvement of fraud detection rules and preventive controls to strengthen BeePay’s fraud prevention framework. Qualifications Candidates should possess strong Fraud Monitoring and Detection skills to identify suspicious transactions, unusual customer behavior, and potential fraudulent activities. Candidates should possess strong Analytical and Investigation skills to review transaction data, identify fraud patterns, collect supporting evidence, and determine the root causes of suspicious activities. Candidates should possess effective Communication skills for preparing investigation reports, documenting findings, and coordinating with internal teams and relevant stakeholders. Candidates should possess good knowledge of Electronic Payment Systems, including prepaid cards, digital wallets, POS terminals, payment gateways, and online payment transactions. Candidates should possess good Risk Assessment skills to evaluate potential fraud cases, identify high-risk activities, and recommend appropriate preventive measures. Candidates should possess good Problem-Solving skills to investigate fraud incidents, identify suspicious transaction patterns, and support timely case resolution. Familiarity with fraud detection systems, transaction monitoring tools, and fraud prevention procedures is preferred. Understanding of AML/CFT procedures and the relationship between fraud and money laundering risks is an advantage. Bachelor's degree in Finance, Accounting, Business Administration, Banking, Information Technology, or a related field. Minimum 2 years of relevant experience in fraud monitoring, fraud investigations, banking, financial institutions, or electronic payment companies. Previous experience in investigating suspicious transactions, reviewing fraud alerts, and handling fraud-related cases is preferred. Proficiency in Microsoft Excel and familiarity with fraud monitoring systems and data analysis tools. Ability to work under pressure, manage multiple investigation cases, meet deadlines, and maintain a high level of integrity, confidentialit