Fraud Monitoring Officer

International Payment Services (IPS)


Ref: RP616-20

Job description / Role

Employment: Full Time

• Act as a primary point of contact for the partners and card schemes on Risk and fraud within card and acquiring businesses.
• Understand the latest card fraud performance trends and communicate these to the respective business and product owners
• Partner with security, operations, Analytics and information security teams to coordinate actions to address business issues related to card fraud.
• Produce regular risk and fraud performance reporting for stakeholders to coordinate actions and mitigation plans
• Maintain strong awareness of industry trends so this can be effectively communicated to business partners.
• Ensure timely SAFE and TC40 reporting to respective Card Schemes
• Regularly review activities of the authorization team to ensure compliance with laid procedures and controls
• Reducing financial and legal risk exposure by managing and improving fraud prevention procedures and system modules
• Manage adherence to AML and card scheme regulations related to risk and fraud and provide effective reporting and escalation to the senior management team.
• Prepare and present reports to the management, client banks, international Payment schemes, merchants or central banks as necessary


• Bachelor's Degree. Additional training on Fraud and risk analytics is added advantage
• 5 years of experience in Financial Services
• Proven track record of analytics-based decision-making and problem solving
• Excellent communications and interpersonal skills
• Direct experience in fraud, high risk account management, authorizations management
• Strong process and control orientation
• Knowledge of Visa / MasterCard and other card schemes, Switches regulations
• Demonstrate ability to excel at working in fast paced environment, managing multiple tasks, and changing priorities

About the Company

IPS is a Third-Party Payment Processing Company, regulated and licesned by Central Bank of Bahrain, incorporated under the laws of the Kingdom of Bahrain. IPS is catering to different sectors of industry like financial institutions, banks, ...etc. Our suite services include:

Small Business

  • Mobile business on the go
  • eCommerce Solutions

Large Merchants

  • Security and Fraud solutions
  • Prepaid solutions
  • Merchant Mobile Commerce solutions
  • Marketing solutions
  • Analytics & Digital Wallet solutions
  • CC Terminals & POS solutions

Financial Institution

  • Payment Gateway
  • DIgital and mobile banking solutions
  • Debit and Credit Card Processing solutions
  • Loyalty & Rewards solutions
  • ATM & network solutions
  • Analytics & Reporting solutions
  • PSP

Government & Others

  • Government payment solutions for fees, taxes, etc.
  • Utility & other Corporate biller solutions
  • Healthcare providers & pater solutions
  • Financial Analyst SOlutions
  • Education solutions

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