Fraud Analyst

Role & responsibilities

Fraud Investigator responsible for Detecting and investigating financial fraud on

behalf of clients

Position Fraud Detection Analyst

Job Summary:

• Analyze financial transactions and account activity to identify unusual activity to

identify unusual or suspicious patterns.

• Conducting in-depth investigations into potential fraud cases, which may involve

gathering evidence.

• Performing 360 Reviews on the Alert which has been triggered due to violation of

threshold set for the systems for Fraud types (i.e.- ATO, PTO, TOA, ID Theft, ATO

Scam, First Party Frauds etc.)

• Conduct 360 fraud reviews for the customers profiles and responsible for detecting

and mitigating core banking, payments, fraud, and account opening red flags.

Implemented solutions to fraud problems across ATOs, P2P Payments, ACH kiting,

check kiting, and wire fraud

• Multiple investigations into whistle blower complaints concerning account

hijacking, transactional frauds, funds transfer return, checks (RDC, Thea) or ACH

transactions that provided real time decisions on credit card, loan, and Zelle fraud

red flags

• Combined retroactive analysis with current state fraud control assessments to

implement technology and process framework that provided real time decisions on

fraud strategy and overall fraud assessment

• Liaison with internal and external counterparts to perform end-to-end alert reviews

(360 review) from fraud alert generation through to SAR filing.

• Analyze data trends and out of pattern activities to assimilate the next course of

action (Case closure, Reimbursements, or escalation)

• Adjudicate the fraud type and apply relevant mitigation steps basis policies and

procedures

Qualifications:

• Prior experience in Fraud detection and investigations
• Transaction Monitoring experience is preferred
• Familiarity with the firm's internal systems and processes or similar processes at

other institutions

• Exceptional research and analytical skills with the ability to analyze large amounts

of data, decipher higher risk attributes (transactional, geographical, product,

customer type, etc.) and develop well-reasoned recommendations

• Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
• Maintaining detailed records of fraud cases and investigation outcomes.
• Ensuring compliance with relevant laws and regulations related to fraud detection

and prevention.

Desired Educational Qualification

• Bachelors Degree in Commerce, Computer Science or equivalent is preferred.

Preferred Educational Qualification

• Full-time master’s degree/MBA

Desired Certifications:

• CFE
• CAMS
• CRP