Risk Analyst

We are a London-based fintech company with a mindful approach to financial services. Operating under a FCA-approved Electronic Money Institution (EMI) license, MADFIN delivers card acquiring tailored for fast-moving, high-growth businesses. We are looking for experienced Risk Analyst to join our rapidly growing team.

• Conduct transaction monitoring, alert reviews, investigations, and risk assessments across merchant and payment transaction flows.
• Analyse transaction patterns, customer behaviour, and merchant activity to identify unusual trends, fraud indicators, and other early warning signals.
• Contribute to the optimisation of monitoring rules, scenarios, and workflows to improve detection effectiveness while reducing false positives.
• Support the ongoing enhancement of monitoring tools, processes, data quality, and operational controls.
• Ensure monitoring activities and controls evolve in line with emerging risks, regulatory expectations, and Visa/Mastercard requirements.
• Prepare monitoring reports, risk summaries, merchant statistics, and other internal documentation related to fraud and AML oversight.
• Support the preparation of regulatory reports, documentation, and responses for the FCA and other relevant regulatory authorities.
• Maintain accurate and audit-ready documentation aligned with internal policies and regulatory expectations.

Requirements

• 2+ years of experience in transaction monitoring, fraud prevention, AML, or risk management within payments, fintech, ecommerce, or regulated financial services.
• Strong understanding of AML transaction monitoring, fraud detection principles, sanctions and PEP screening processes.
• Good knowledge of Visa and Mastercard scheme requirements, payment flows, and merchant risk monitoring practices.
• Understanding of UK regulatory expectations related to financial crime prevention, monitoring, and reporting.
• Experience working with transaction monitoring and screening tools, including alert investigation and risk assessment processes.
• Experience analysing transaction data, identifying suspicious patterns, and contributing to monitoring rule optimisation and reduction of false positives.
• Strong analytical and problem-solving skills with attention to detail and ability to work in a fast-paced environment.
• Good knowledge of English; additional languages would be considered an advantage.

Benefits

• Competitive salary based on your experience and contribution
• Excellent health insurance after successful completion of the probation period - including extensive medical coverage, mental health support, and dental care
• Additional paid Wellbeing Days - take time for your personal needs, health check-ups, or simply to recharge
• Hybrid work setup - flexible hours with a mix of in-office and remote work
• Friendly and collaborative team - we value transparency, initiative, and support each other
• Opportunity to grow together with the company and take on new responsibilities as we scale
• Startup environment where your voice matters and ideas turn into features fast
• Gifts from the company for work anniversaries and birthdays - because milestones matter, and we love celebrating them with you!