A well-standing FinTech company with offices in Cyprus and across the globe is working in partnership with GRS Recruitment to hire a Risk Analyst for their Limassol based operations. The successful candidate will be responsible for strengthening payments fraud controls, reducing losses caused by operational mistakes, optimizing the use of external fraud vendors (with a key focus on Lexis Nexis) and ensuring full operational documentation coverage. The role combines hands-on fraud operations, process ownership and cross-functional collaboration, with clear accountability for measurable outcomes in 2026. If this role sounds interesting to you, we encourage you to apply today.
MAIN DUTIES AND RESPONSIBILITIES
Payments Anti-Fraud & Loss Reduction
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Design, implement and optimize payments anti-fraud rules (deposits, withdrawals, chargebacks, etc)
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Identify root causes of fraud losses related to operational mistakes and implement preventive controls.
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Contribute to reducing losses caused by operational errors to defined annual targets by brand/segment.
External Vendor Strategy (Lexis Nexis)
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Participate in redesigning the Lexis Nexis usage strategy.
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Improve the effectiveness of Lexis Nexis checks by increasing actionable hit-rate and signal relevance.
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Monitor vendor performance and support data-driven optimization decisions.
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Support the design of a data-driven and operationally safe exit plan from Lexis Nexis for 2027.
SOPs & Operational Documentation
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Create and maintain SOPs from scratch for all known payments fraud types and core operational flows.
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Ensure 100% of core operational flows are documented, up to date and consistently applied.
Stakeholder & Operational Management
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Act as a key payments anti-fraud contact for Payments, Operations, Risk, Compliance and Product teams.
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Manage backlog priorities and handle ad-hoc fraud cases and urgent escalations.
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Support governance discussions related to fraud controls and operational risk.
2026 Success Metrics
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Losses caused by operational mistakes reduced to defined annual targets.
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Operational error rate maintained within defined quarterly thresholds.
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Increased actionable hit-rate and improved signal relevance from Lexis Nexis.
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100% of core payments fraud operational flows documented and formally approved.
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SOPs actively used and aligned across operational teams.
CANDIDATE PROFILE
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Proven experience in Payments Anti-Fraud within CFD brokers.
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Strong understanding of payment flows, chargebacks and payments-related fraud typologies.
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Hands-on experience creating fraud rules and SOPs from scratch.
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Experience working with external fraud vendors (Lexis Nexis or similar).
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Strong stakeholder communication and documentation skills.
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Ability to manage multiple priorities in a fast-paced environment.
COMPANY BENEFITS
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Family Relocation support
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Family medical insurance
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Breakfasts and lunches in the office
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Premium sports card with access to gyms and activities (kayaking, kitesurfing, go-karting, etc.) across the island.
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Corporate Events (i.e., wine tasting, cooking, yachting, etc.)
Due to the high volume of applications, we receive at GRS Recruitment, only shortlisted candidates will be responded to.
To apply for this position, please email your CV to
Ioulia Ananikidou, ioulia@grsrecruitment.com quoting the above job reference or call +357 25 342 729 for further information.