About the job
Job Title: Fraud Rule Writer
Location: Kuwait
Contract Type: 12-Month Fixed-Term Contract
Role Overview
Capitex is on the lookout for a skilled Fraud Rule Writer to join our dynamic team for a 12-month fixed-term contract in Kuwait. The successful candidate will be pivotal in crafting, refining, and enhancing fraud detection rules across our digital banking and payment fraud systems. This essential role contributes significantly to safeguarding our customers and the organization against evolving fraud threats while ensuring an optimal customer experience.
Key Responsibilities
- Design, develop, implement, and maintain robust fraud detection rules across digital and payment channels.
- Monitor the performance of rules and periodically tune and optimize them to enhance fraud detection rates while minimizing false positives.
- Analyze fraud trends, attack patterns, and new threats to proactively refine rule strategies.
- Work collaboratively with fraud operations, risk management, data analytics, and technology teams to ensure effective rule implementation and system integration.
- Conduct impact assessments and performance evaluations on rule modifications and enhancements.
- Support testing, validation, and post-implementation reviews of fraud prevention strategies.
- Ensure adherence to internal risk frameworks and regulatory standards.
- Provide comprehensive documentation and governance support for all aspects of rule development and modifications.
Required Skills & Experience
- Substantial experience in fraud rule writing within digital banking, card payments, or financial services sectors.
- In-depth knowledge of payment fraud typologies such as card-not-present, account takeover, social engineering, and mule activity.
- Proficient with fraud detection platforms and rule engines such as FICO, Falcon, Actimize, Featurespace, Feedzai, or equivalent.
- Exceptional analytical capabilities with a knack for interpreting data and translating insights into effective rule logic.
- Experience in rule tuning and optimization to balance fraud prevention with customer experience.
- Familiarity with SQL or similar querying tools is highly desirable.
- Excellent communication skills and the ability to collaborate across multiple teams.
Preferred Qualifications
- Experience in Middle Eastern financial institutions is a plus.
- Understanding of regulatory requirements pertinent to fraud risk management.
- Bachelor’s degree in Finance, Risk Management, Data Analytics, Computer Science, or a related field.
What We Offer
- Attractive contract package.
- Opportunity to engage in high-impact fraud prevention initiatives.
- Exposure to cutting-edge fraud detection technologies.