Fraud Investigation Analyst

Job Description

Job Title: Fraud Investigation & Detection Analyst Location: Bangalore & Hyderabad (Hybrid Mode) Experience: 1 To 3years Key Responsibilities: -Fraud Transaction Analysis: Analyze financial transactions and account activity to identify unusual or suspicious patterns that may indicate fraudulent activity. -Fraud Investigations: Conduct in-depth investigations into potential fraud cases, gathering relevant evidence to substantiate findings and decisions. -360 Fraud Reviews: Perform comprehensive 360 reviews on alerts triggered by threshold violations across various fraud types, including Account Takeover (ATO), Phishing (PTO), ID Theft, First Party Fraud, and more. -Core Banking Fraud Review: Detect and mitigate core banking, payments, fraud, and account opening red flags. Implement effective solutions to address fraud issues across ATO, P2P Payments, ACH Kiting, Check Kiting, and Wire Fraud. -Whistleblower Complaints: Investigate complaints related to account hijacking, transactional frauds, funds transfer returns, and checks (RDC, Thea) or ACH transactions, providing real-time decisions on credit card, loan, and Zelle fraud. -Fraud Strategy Development: Combine retroactive analysis with current fraud control assessments to implement technology and processes that ensure real-time fraud detection and risk mitigation. -Cross-Functional Collaboration: Liaise with internal and external counterparts to perform end-to-end alert reviews, from fraud alert generation through to Suspicious Activity Report (SAR) filing. -Data Analysis & Trend Identification: Analyze data trends and identify out-of-pattern activities, determining the appropriate course of action (case closure, reimbursements, escalation). -Mitigation Steps: Adjudicate fraud types and apply relevant mitigation measures based on established policies and procedures. Required Skills and Qualifications: -1-4 years of experience in fraud investigations, financial crime, or related fields. -Strong understanding of SAR (Suspicious Activity Reports), AML (Anti-Money Laundering) investigations, and financial crime risk assessments. Experience in performing fraud investigations across various transaction channels, including banking, payments, and ACH. -Familiarity with fraud detection tools, transaction monitoring systems, and the fraud investigation process. Additional Information: -No Cab Facility: Please note that there is no cab facility available for this role. Interested candidates can send their resumes to nimeesha.t @twsol.com