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Open nowFirst seen 3 days ago

Authorisation & Fraud Consultant

PayTech Nexus Ltd144 open roles

Where
Riyadh, Saudi Arabia
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Your applicationOpen nowAuthorisation & Fraud ConsultantPayTech Nexus Ltd · Riyadh, Saudi Arabia
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The clock on this job

Early applications get read.

12.1% of postings close within 7 days. Measured by our own scanner across the market. PayTech Nexus Ltd postings stay open a median of 2 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.1%7 days
  4. 19.1%14 days
  5. 35.6%30 days
  6. 52.7%60 days
This job: first seen 3 days ago

PayTech Nexus Ltd median: 2 days open

The posting

Job Title: Authorisation & Fraud Consultant

Term: 12 months

Location: Riyadh, KSA

Division: Credit Cards

Reports to: Head of Cards

Relevant experience: 10-12 years of experience in fraud

Mandatory requirements: Worked in a bank and has good understanding of cards business, authorisation and fraud systems.

PURPOSE OF JOB Support the Credit Cards business by optimizing authorization performance, fraud controls, and portfolio health, ensuring a balance between customer experience (approval rates) and risk management (fraud prevention).

TASKS Core Responsibilities and Accountabilities

  • Develop a deep understanding of the bank's credit card portfolio, including customer segments, spend behavior, and lifecycle performance
  • Drive authorization optimization strategies to improve approval rates across the issuing portfolio while maintaining risk thresholds
  • Analyze authorization declines (codes, patterns, drivers) and identify opportunities to reduce false declines and enhance customer experience
  • Collaborate with fraud and risk teams to optimize fraud rules and controls without negatively impacting genuine transaction approvals
  • Monitor and report on key issuing KPIs: approval rates, decline rates, fraud rates, and portfolio performance metrics
  • Provide data-driven insights and analytics to support decision-making across cards business, risk, and operations teams
  • Enhance reporting dashboards (MIS) for issuing portfolio, focusing on authorization performance and fraud trends
  • Act as the interface between Mastercard and issuer stakeholders (cards business, risk, fraud, operations), ensuring alignment on initiatives and outcomes
  • Support implementation of authorization and fraud optimization use cases and recommendations within the issuing environment
  • Establish governance cadence with stakeholders to track performance, outcomes, and ongoing enhancements
  • Coordinate with Mastercard teams to incorporate best practices and global insights into the issuing portfolio
  • Ensure effective knowledge transfer and capability building within the bank's cards and fraud teams

Knowledge and Experience

  • 10–12 years of experience in cards issuing, fraud risk, and authorization management
  • Strong understanding of credit cards issuing business lifecycle (activation, usage, retention, spend growth)
  • Proven experience managing authorization strategies and fraud controls in issuing environments
  • Familiarity with fraud and auth platforms
  • Ability to translate analytics into actionable portfolio-level interventions
  • Experience working closely with cards business teams (not just acquisition/sales)
  • Strong stakeholder management across risk, fraud, and cards portfolio teams
  • Awareness of SAMA regulations around fraud reporting & liability
  • Experience in local market fraud trends (KSA/GCC)
  • Understanding of compliance vs business trade-offs
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