Firstsource hiring For Fraud Analyst

Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company is a global leader providing business process solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, Retail, and other diverse industries. With a global footprint across US, UK, India, Philippines, Mexico, Romania, Turkey, Trinidad & Tobago, South Africa, and Australia, they make it happen for their clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Firstsources inch-wide, mile-deep practitioners work collaboratively, leveraging UnBPO - their differentiated approach to reimagining traditional outsourcing - to deliver real-world, future-focused solutions that drive speed, scale, and smarter decision, turning transformation into tangible results for clients.

Key Responsibilities:

• Suspicious Activity Reporting (SAR):

• Analyze transaction patterns to identify potentially suspicious activity, including fraud, money laundering, and other financial crimes.
  
• Prepare and file

  Suspicious Activity Reports (SARs)

  accurately and in compliance with UK regulations (Proceeds of Crime Act 2002, Money Laundering Regulations).
• Ensure SARs are submitted to the

  National Crime Agency (NCA)

  within required timeframes.
• Collaborate with the legal and compliance teams to ensure that SARs meet the necessary criteria and are adequately detailed.
  

• Fraud Detection & Investigation:

• Investigate suspected fraud cases through transaction monitoring, customer profiling, and database searches (including

  LexisNexis

  ).
• Review and validate data from multiple sources to assess potential risks and identify fraudulent patterns.
  
• Develop and implement investigative strategies to resolve cases and provide recommendations for action.
  

• Data Analysis & Reporting:

• Utilize LexisNexis and other analytical tools to perform risk assessments and generate detailed reports for internal and regulatory use.
  
• Conduct comprehensive analysis of transactional data, customer records, and third-party relationships to detect and mitigate fraud risks.
  
• Prepare periodic fraud analysis reports for senior management, detailing trends, issues, and insights.
  

• Regulatory Compliance:

• Stay updated on regulatory changes and industry best practices related to fraud detection and SAR filing in the UK.
  
• Ensure compliance with the

  Financial Conduct Authority (FCA)

  ,

  National Crime Agency (NCA)

  , and other relevant bodies.
• Maintain accurate records of fraud cases, SAR submissions, and regulatory communications.
  

• Collaboration & Communication:

• Work closely with cross-functional teams, including compliance, legal, and risk management, to ensure seamless reporting and resolution of fraud incidents.
  
• Liaise with external agencies, law enforcement, and financial institutions as necessary.
  
• Provide training and guidance to junior team members on SAR filing processes and fraud detection techniques.

Excellent English communication mandatory

Disclaimer: