Fraud Analyst

About Turing:

Based in San Francisco, California, Turing is the world’s leading research accelerator for frontier AI labs and a trusted partner for global enterprises deploying advanced AI systems. Turing supports customers in two ways: first, by accelerating frontier research with high-quality data, advanced training pipelines, plus top AI researchers who specialize in coding, reasoning, STEM, multilinguality, multimodality, and agents; and second, by applying that expertise to help enterprises transform AI from proof of concept into proprietary intelligence with systems that perform reliably, deliver measurable impact, and drive lasting results on the P&L

Role Overview:

We are seeking analytical and highly regulated professionals with extensive hands-on experience in Payments Processing, Fraud/Risk Management, or Financial Compliance (AML, KYC). This critical role supports the development and benchmarking of Large Language Models (LLMs) by designing and validating workflows that directly impact transaction security, regulatory reporting, fraud detection rates, and global payment success. The specialist will be crucial in recreating complex financial crime and payment scenarios to validate AI outputs and ensure strict adherence to financial regulations and risk mitigation policies.

What does day-to-day look like:

• Accurately map and recreate complex payments and risk operational workflows, covering transaction authorization/settlement, chargeback/dispute handling, KYC/AML screening, sanctions checking, and risk scoring protocols within payment systems.
• Rigorously validate AI-generated outputs in risk scenarios, such as fraud alert triaging, compliance documentation summaries, customer identity verification steps, and regulatory reporting flags, ensuring strict adherence to PCI DSS, AML/KYC regulations, and global financial standards.
• Simulate critical risk and compliance challenges, including:
  • Fraud Simulation: Testing AI detection and prevention capabilities against emerging fraud vectors, account takeover (ATO), and synthetic identity risks.
  • Regulatory Reporting: Validating AI support for generating accurate and timely Suspicious Activity Reports (SARs) and other compliance documentation.
  • Audit Trail Integrity: Performing structured reviews to ensure AI actions maintain a complete, auditable record for internal and external financial audits.
  • Provide detailed, structured annotations and high-quality datasets derived from suspicious transactions, risk flags, and regulatory filings to continuously improve LLM training and evaluation for better fraud prediction and automated compliance.

Requirements:

• Payments, Risk, or Compliance Expertise: Proven experience (3+ years) in a hands-on role within Payments Operations, Fraud/Risk Analysis, or Financial Compliance (e.g., AML Analyst, Chargeback Specialist, Payments Operations Analyst) in a regulated environment.
• Risk System & Workflow Tool Proficiency: High familiarity with industry-standard payment and risk systems, including Fraud Monitoring Tools (e.g., Kount, Riskified), PSP platforms (e.g., Adyen, Stripe), AML software (e.g., World-Check), or general workflow tools like Jira used to manage alerts and investigations.
• Regulatory & Data Security Detail Orientation: Exceptional attention to detail with a strong understanding of how control failures or compliance breaches impact financial liability and regulatory standing. Ability to identify AI shortcomings that lead to inaccurate risk decisions or compliance violations.
• Data Utilization for Risk Modeling: Conceptual understanding of how transaction data, behavioral data, and compliance logs are used for training and evaluating Machine Learning models (LLMs) to drive real-time risk decisions.
• Communication & Legal Procedural Excellence: Excellent written English required for creating precise, training-quality procedural documents (SOPs), and meticulously validating the clarity, accuracy, and legal compliance of AI-generated alerts and customer/bank communication related to risk.

Perks of Freelancing With Turing:

• Work in a fully remote environment.
• Opportunity to work on cutting-edge AI projects with leading LLM companies.
• Potential for contract extension based on performance and project needs.

Offer Details:

• Commitments Required: 40 hours per week with overlap 4 hours with PST
• Engagement type  : Contractor assignment(no medical/paid leave)
• Duration of contract : 1 month possibility to extend
• Location : India, Bangladesh, Egypt, Kenya, Mexico, Ghana, Nigeria, and Turkey.

Evaluation Process:

• Shortlisting based on qualifications and relevant professional experience.