# Risk Analyst

> MADFIN · Riga, Latvia (Hybrid) · — · Posted 2026-10-26

**Workplace:** hybrid

## Description

_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!

## Apply

[Apply at MADFIN](https://apply.workable.com/madfintech/j/A4CF592C11/apply)

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