About us

Tamara is the leading fintech platform in Saudi Arabia and the wider GCC region with a mission to help people make their dreams come true by building the most customer-centric financial super-app on earth. The company serves millions of users in KSA, UAE and Kuwait, and partners with leading global and regional brands such as SHEIN, Jarir, noon, Amazon, IKEA, eXtra and Farfetch as well as small and medium businesses.

Tamara is Saudi’s first fintech unicorn and is backed by Sanabil Investments, SNB Capital, Checkout.com, amongst others, operating out of its headquarters in Riyadh, Saudi Arabia with other regional and global support offices.

About the role

Tamara’s ambition is to become the region’s favorite way to pay for what we call life’s little essentials – a new way of purchasing designed for and around our customers’ interests. We believe that great design has the ability to engage and inspire.

Role Overview:

As a Merchant Underwriting Analyst at Tamara, you will be a cornerstone of our risk management strategy. You will be responsible for assessing the financial health and integrity of our merchant partners, protecting Tamara from financial losses, and enabling our continued, responsible growth.

This role is pivotal in mitigating merchant-related risks, including fraud and liquidity issues, and will have a direct impact on the company's financial performance and operational resilience.
In this role, you'll be working closely with a cross-functional team consisting of business, policy managers, operations, product, data scientists, and others.

Key Responsibilities:

• Conduct thorough risk, compliance, brand risk assessments of new merchant applications. Analyze financial statements, business models, and other relevant data to determine a merchant's risk profile.
• Utilize SQL to query and analyze large datasets, identifying trends, patterns, and anomalies in merchant behavior. Develop and maintain risk monitoring dashboards and reports.
• Proactively monitor the financial health of our existing merchant portfolio to identify early signs of financial distress or potential insolvency. Contribute to the development and implementation of our Risk Merchant Policy to safeguard against negative balances.
• Investigate suspicious merchant activity and identify potential fraud schemes, including merchant-initiated fraud and transaction laundering. Collaborate with cross-functional teams to implement effective fraud prevention measures.
• Contribute to the continuous improvement of our merchant underwriting policies and procedures. Provide insights and recommendations based on your analysis to enhance our risk models.

What We’re Looking For:

• Strong ability to write complex SQL queries to extract and analyze data. Other programming languages is a plus (SQL, Python).
• Experience with data visualization tools such as Tableau or Power BI.
• Proven experience in assessing the financial health and stability of businesses. You should be comfortable analyzing financial statements and identifying key risk indicators.
• Demonstrable experience in identifying and investigating financial fraud, preferably in an e-commerce or payments environment.
• 3+ years of experience in a risk management, underwriting, or credit analysis role, preferably within the fintech, payments, or banking industry.
• Strong analytical and problem-solving skills with a keen attention to detail.
• Experience in a Credit Lending or Buy Now, Pay Later (BNPL) company.
• Familiarity with Open Banking and its applications in risk assessment.

All qualified individuals are encouraged to apply.

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