Head of Risk & Fraud, UAE at Taptap Send

Dubai, Dubai, United Arab Emirates

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Financial ServicesIndustries

Requirements

Designated Risk Officer for the UAE under the Central Bank of the UAE (CBUAE), a regulated role
Ability to build, maintain, and execute risk management and fraud prevention frameworks
Experience working across operations, product, engineering, compliance, finance, and partnerships
Hands-on, proactive, and solutions-oriented mindset
Comfortable in a fast-paced environment
Ability to anticipate emerging risks and fraud patterns
Capability to balance regulatory expectations with practical business realities

Responsibilities

Develop, maintain, and execute the UAE risk management framework, including the Risk Register, Risk Appetite, and risk assessment processes
Serve as the primary point of contact with the Central Bank of the UAE for all risk-related matters and ensure full compliance with CBUAE regulations
Identify, assess, and monitor key risks across operations, technology, product, finance, and customer journeys
Oversee operational incident reporting and root-cause analysis, ensuring corrective actions are implemented
Lead regulatory risk reporting, prepare submissions, and coordinate responses to supervisory queries
Monitor technology, cybersecurity, and data protection risks in partnership with Engineering and Security teams
Assess settlement, liquidity, and financial risks related to funds flows and reconciliation
Provide regular risk reporting to senior management and the Board
Lead engagement with the Central Bank on risk and fraud related matters
Help shape how Taptap Send scales safely across the GCC

Skills

Risk Management

Fraud Detection

Fintech

Cross-Border Payments

Compliance

AML

Regulatory Affairs

Financial Crime Prevention

Taptap Send

Facilitates cross-border mobile money transfers

About Taptap Send

Taptap Send facilitates mobile money transfers across borders, primarily targeting individuals in the UK, EU, US, Canada, and UAE who wish to send money to family and friends in Africa, Asia, the Caribbean, and Latin America. Users can complete transactions easily by providing the recipient's name and mobile number, allowing funds to be deposited instantly into the recipient's mobile money wallet. This process eliminates the need for physical visits to money transfer agents and significantly reduces waiting times for recipients. Taptap Send operates in the remittance market, generating revenue through transaction fees and favorable exchange rates, making it a cost-effective alternative to traditional money transfer services. The company's goal is to provide a fast, secure, and affordable way to send money internationally, using technology to simplify the transfer process.

New York City, New YorkHeadquarters

2018Year Founded

$76.3MTotal Funding

SERIES_BCompany Stage

Fintech, Financial ServicesIndustries

201-500Employees

Benefits

Health Insurance

401(k) Retirement Plan

Company Equity

Professional Development Budget

Risks

Regulatory compliance issues in Ghana could disrupt operations in other countries.

The introduction of 'Charities' may divert focus from core remittance services.

Reliance on transaction fees and exchange rates is threatened by competitors offering lower fees.

Differentiation

Taptap Send offers instant deposits into mobile wallets, enhancing user convenience.

The platform focuses on underserved markets, providing financial inclusion opportunities.

Taptap Send's user-friendly interface requires only a recipient's name and mobile number.

Upsides

Increased smartphone penetration in Africa and Asia expands Taptap Send's potential user base.

The global remittance market is projected to grow, boosting demand for Taptap Send's services.

Partnerships with platforms like CompareRemit broaden Taptap Send's audience and transparency.

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