Fraud Prevention Officer

As the Fraud Prevention Officer, your role will be responsible for the implementation, administration, and ongoing oversight of the Company’s fraud risk management framework, ensuring compliance with all applicable legal and regulatory requirements related to fraud detection, prevention, investigation, and reporting, as well as any other fraud-related obligations relevant to the Company’s activities.

ROLES & RESPONSIBILITIES

• Develop, implement, and maintain the Company’s fraud risk management framework, including internal procedures, controls, monitoring rules, and supporting systems aimed at the prevention, detection, and mitigation of fraud;
• Ensure the effective day-to-day operation of fraud prevention and detection measures in accordance with the Company’s internal policies and procedures, and periodically review and enhance such measures to address emerging fraud risks and operational developments;
• Perform ongoing monitoring and analysis of customer transactions, behaviour, and operational activity in order to identify potential fraud indicators, trends, or patterns, and initiate appropriate preventive or corrective actions within the scope of the role;
• Ensure the accurate recording, classification, and internal reporting of fraud incidents, investigations, losses, and remediation actions, maintaining complete and reliable fraud-related documentation;
• Cooperate with competent authorities, law enforcement, payment schemes, and other external stakeholders where operational interaction is required, while ensuring that any regulatory communication subject to independent oversight is coordinated with the Compliance function;
• Maintain and continuously improve fraud detection tools, monitoring scenarios, decision rules, and operational processes in order to enhance the effectiveness and efficiency of fraud risk management;
• Perform other fraud-prevention-related duties assigned in accordance with the Company’s internal documents, management decisions, and the nature of the position.
• Perform all functions and responsibilities assigned to the Fraud Prevention Officer under applicable laws and regulations of the Republic of Lithuania, requirements and guidelines issued by the Bank of Lithuania, and other binding external or internal regulatory documents relevant to fraud risk management, to the extent not explicitly covered above.

• A higher education degree of at least a bachelor’s level in finance, economics, business administration, information systems, law, or a related field;
• At least five (5) years of professional experience in financial services, payments, fraud prevention, transaction monitoring, risk management, or a similar operational control function;
• Strong analytical, investigative, and problem-solving skills, including the ability to identify fraud patterns, anomalies, and emerging risks;
• Ability to work effectively in a fast-paced operational environment, adapt to evolving fraud threats, and contribute to the enhancement of fraud detection rules, scenarios, and decision models;
• Practical knowledge of payment instruments, transaction flows, fraud typologies, and fraud prevention methodologies, supported by relevant hands-on experience;
• Strong organizational, coordination, and communication skills, including the ability to cooperate effectively with operational teams, risk management, compliance, and external partners where required;
• Understanding of the legal and regulatory framework applicable to fraud prevention in financial institutions, without prejudice to the independent oversight responsibilities of the Compliance function.

Work-Life Balance & Fun

• Hybrid Working Model – The best of both worlds: flexibility & collaboration
• Exciting Social Events & Seasonal Celebrations – Because work should be fun too!
• A Day Off on Your Birthday – Enjoy your special day on us!
• Pet-Friendly Office – Bring your furry friends to work!

Growth & Development

• Internal & External Learning Opportunities – Keep growing, keep succeeding
• Internal & International Mobility Opportunities – Your career, your way
• Professional Certification Support – We support your professional development and growth

Rewards & Recognition

• Annual Employee Recognition Events & Performance Rewards – Your hard work deserves the spotlight
• Exclusive Discounts on Company Products & Services – Enjoy perks beyond the workplace
• Discounts on lunch from iLunch – Fresh meals at a reduced price
• Discounts for 600+ stores through iPerks – Save more on your everyday shopping

Wellbeing & Giving Back

• Employee Wellness Weeks – Prioritizing your health, always
• Volunteer Days & CSR Initiatives – Make an impact beyond the office
• Gym Membership – Stay fit and healthy with our support
• Premium Health Insurance – Comprehensive coverage for you
• Free Parking or Public Transport Allowance – Convenience, your way