Risk and Fraud Analyst

We at Indepay | Setara Networks are here to revolutionize the Indonesian payment ecosystem by introducing one click checkout services in order to make transactions zero-fee, instant, and rewarding for the consumer.

On one side we’re working with financial institutes to enable real-time account to account transfers through our platform, and on the other-side we’re giving consumers a reliable and secure payment experience which is better than anything else they’ve experienced in the Indonesian ecosystem.

Where We Are Now: Series A Startup with Boundless Opportunities!

Our Vision for Payment Transformation: We’re on a mission to disrupt the traditional online payment landscape. By pioneering a faster, safer, and incredibly simple payment solution, we're challenging the status quo of virtual account payments and setting a new standard for seamless transactions, enabling payment in just 20 seconds powered by open banking regulatory framework.

Strategic Partnership with Top Brands: As we build a new category in one-click fast payments, you'll have the opportunity to work alongside industry leaders, partnering with top-tier D2C brands ranging from telco providers, banks, FnB, and OTT to create a network that redefines the future of online payments.

Your Opportunity to Innovate: If you're passionate about innovation and eager to make a significant impact, this is your chance to be part of something truly transformative and create value.

The ideal candidate is expected to be a born leader who is passionate about following through risk mitigation policies and processes, enjoys building new things and has a proven track record of successfully participating in growing businesses and has experience working in similar startups in its Series A stage and beyond.

The Risk and Fraud Analyst will be responsible for conducting fraud risk assessments, detecting and preventing potential fraud across all payment channels, and collaborating with stakeholders to ensure compliance with regulatory requirements.

Join a multicultural team at the epicenter of transforming Indonesia's future payment industry. Seize this rare opportunity to be a game changer in an environment that thrives on innovation and collaboration. Don't miss out on the chance to be part of a live, dynamic company ready to soar to new heights in the coming year.

Ready to simplify and revolutionize transactions? Apply now and let's embark on this exciting journey to reshape the world of payments together! #IndepaySetaraJourney #PaymentsInnovation

What your current role should be like?

• Risk Management Expertise: At least 3+ years of hands-on experience in identifying, assessing, and mitigating fraud and risks within payment systems, financial services, or e-commerce platforms.
• Fraud Prevention and Analysis: Proven ability to monitor high-risk transactions, detect fraud patterns, and implement fraud prevention strategies using advanced tools and data analysis.
• Policy Development and Compliance: Experience in creating and managing fraud-related policies, ensuring alignment with legal and regulatory standards.
• Technical Acumen: Proficient in fraud detection systems, data analytics, and familiar with business and legal frameworks.
• Collaboration and Problem-Solving: A team player skilled in coordinating with internal teams and external partners to investigate fraud cases and deliver effective solutions.

What will you do?

• Conduct fraud risk assessments on both new and existing products & services.
• Detect and prevent potential fraud across all payment channels by reviewing customers' and merchants' accounts.
• Identify fraud patterns through the monitoring of high-risk merchants.
• Contribute to the creation of fraud rules by providing analytical data to support decisions.
• Review and draft related policies, annual plans, operating or working procedures/manuals to mitigate any fraud activities.
• Collaborate with related stakeholders in investigating fraud cases.
• Respond to inquiries of business units regarding fraud risk management issues.
• Perform data analysis and prepare intelligence reports.
• Develop anti-fraud training materials and deliver continuous training.
• Act as the subject matter expert in managing Fraud and Risk Management governance and implementation through active communication and collaboration with all functions/working units.
• Develop, improve, and maintain a good quality and utilization of Fraud and Risk Management governance and tools aligned with regulatory requirements.
• Deliver an accurate, timely, and good quality of regular reports (both internal and external), as required by Group and Regulator.
• Support team leader(s) in fraud and risk management implementation and reporting to stakeholders.

Requirements

What do you have?

• Bachelor's degree in Business Administration or in a relevant work experience.
• Minimum 3+ years of relevant experience related to risk and payment.
• Previous experience in an e-commerce company is a plus.
• Savvy in managing fraud cases.
• Must be comfortable working in an early stage to growth stage company and should be able to thrive in a dynamic and fast-paced environment.
• Have a proven track record of success in previous roles and have worked in a similar setting, such as a Pre series A-B company will be a plus.
• A leader who takes fun in taking risks and understands that taking calculated risks is necessary for growth. They should have the ability to balance risk-taking with sound decision-making to build something innovative and groundbreaking.
• Strategic vision and analysis: the ability to think strategically balanced with an active customer and quality focus, anticipate future consequences and trends, set priorities and make smart decisions to help Tara | Indepay achieved its goals.
• Understanding of Business Law, Legal, Government regulation to support business needs.
• People-oriented, cool-tempered, proactive, and communicative.
• Good analytical and problem-solving skills.
• Ability to work independently and meticulously (detail-oriented).
• A good team player with excellent interpersonal skills to work with different teams within the organization.
• Computer literate (G-Suite & MsOffice) especially Docs/Word, Sheets/Excel, Slides/PowerPoint.
• You thrive in a dynamic and fast paced environment.
• You deliver on your commitments without fail.
• You have an analytical and data-driven approach in day-to-day work.
• You are always energetic and work well under pressure.
• You are affable and know your way around the organization.
• You have excellent communication skills and have the ability to impact and influence.
• You have an unparalleled attitude and determination to succeed against all odds.
• You can multi-task and have excellent time management and prioritisation skills.
• You are a strategic thinker who understands business opportunities to create a competitive advantage.
• You have excellent problem solving and analytical skills, and can think outside the box to proactively provide the right solution.
• You have a keen eye for detail.
• You stay positive and bring out the best in a team.
• You are independent, self-motivated and a fast learner.
• Patience and perseverance are your key attributes.

What do we offer?

You will be working alongside other passionate and talented people in a beautiful, spacious and well lighted office with all the perks and flexibility of a coveted technology product company. Besides, you will have a sense of purpose and excitement as we offer:

• An opportunity to make a positive impact on the world by providing basic financial services to unbanked and underbanked people worldwide.
• An opportunity to define and develop a product for the global market.
• An opportunity to be part of the core team who will build a global company and define its culture and processes.
• An opportunity to move horizontally or vertically across geographies through multiple career paths.
• An opportunity to work at the frontier of modern banking solutions technology.

Of course, we do have competitive salaries, long term incentives and many other generous benefits. We promote entrepreneurship culture and look forward to a budding ground for future entrepreneurs.