AML Analyst

Company Overview

Pleo is transforming spend management to be smoother and empowering for finance teams and their employees. With a vision to help businesses 'go beyond', we support over 40,000 customers worldwide. Our culture embraces diversity with 850+ employees from more than 100 nations, focused on shaping the future of business spending.

Role Summary

We are seeking an AML Analyst to join our Decision Intelligence team to enhance how we detect, monitor, and react to fraud risks, particularly focusing on financial crime decisioning. This role involves working closely with decisioning tools to translate fraud insights into actionable and maintainable rules rather than traditional fraud case handling.

Key Responsibilities

• Manage the full lifecycle of fraud rules: proposing, testing, deploying, monitoring, tuning, and rolling back controls.
• Directly collaborate with decisioning platforms and rule engines to advance fraud detection logic.
• Investigate fraud patterns, analyzing alert trends, false positives/negatives, and rule effectiveness.
• Convert insights from Fraud Operations and stakeholder inputs into clear, structured rule proposals supported by data.
• Assess whether new rules or threshold adjustments are justified based on evidence.
• Oversee post-deployment monitoring to ensure rules remain effective and make improvements as required.
• Handle daily operational requests tied to fraud control changes, ensuring documentation and traceability.
• Coordinate with cross-functional teams including FraudOps, AML, Product, Engineering, Data, Compliance, and Legal to align decisioning changes with risk strategy.
• Maintain comprehensive documentation covering rule rationales, expected impacts, testing results, and monitoring outcomes.
• Build repeatable processes to minimize single points of failure and enhance business continuity in fraud decisioning.

Candidate Profile

• Proven experience as a Fraud Analyst or similar role within fraud, risk, or decisioning environments.
• Familiarity with fraud decisioning systems, rules engines, risk platforms, or internal fraud detection tools.
• Strong analytical ability to evaluate fraud patterns and rule performance using data, including SQL or basic data analysis skills.
• In-depth understanding of fraud types such as card fraud, transaction fraud, and payment fraud, with the ability to balance fraud mitigation and customer experience.
• Comfortable working with false positives and ongoing tuning of fraud controls to maintain effectiveness.
• Effective written communication skills to articulate rule logic, supporting rationale, and risk implications clearly.
• Experience collaborating across teams such as Product, Engineering, Compliance, and Data Science.
• Highly organized with a focus on documentation, governance, and traceability within fraud control processes.
• Background in fintech, banking, payments, spend management, or regulated financial services is preferred.

Success Indicators Within First 3 Months

• Gain thorough understanding of Pleo’s fraud decisioning framework and confidently support daily rule operations.
• Improve the structure, documentation, and traceability of fraud rule change requests.
• Ensure data-driven and clearly rationalized rule changes with visible expected impacts.
• Enhance consistency and transparency in post-deployment monitoring.
• Strengthen the collaboration rhythm between Fraud Operations and Decision Intelligence teams for fraud controls.

Benefits

• Dedicated Pleo card eliminating out-of-pocket expenses.
• Lunch provisions on workdays through catered meals or allowances.
• Comprehensive private healthcare options based on location, including providers like Vitality and Alan.
• Generous leave allowance with 25 days of holiday plus public holidays.
• Flexible working options including hybrid and fully remote setups.
• Access to mental health and well-being support services.
• Paid parental leave to support family needs alongside work.

Additional Information

The role offers flexibility in working arrangements allowing remote, hybrid, or onsite presence within Germany, provided applicants have valid local work authorization. Visa sponsorships are not available. Communication and applications must be in English, which is the company’s working language. Diversity and inclusivity are highly valued, and applicants from all backgrounds are encouraged. The recruitment process is designed to accommodate accessibility needs. Candidates can apply for multiple roles but should clearly indicate their suitability for each. Reapplications to the same role require a six-month waiting period from the previous decision.