Fraud Risk Officer - Credit Cards

Job Description

Conduct thorough analysis of transactional data, patterns, and trends to identify potential fraudulent activities, like first-party fraud risk. - Develop and maintain fraud detection systems and tools to proactively mitigate risks. - Investigate suspicious activities and transactions, determining root causes and developing strategies and statistical models to prevent future occurrences. - Implement and manage fraud detection technologies and tools, ensuring optimal functionality and efficiency. - Generate reports and presentations outlining fraud risks, incidents, and mitigation strategies for management review. - Collaborate with cross-functional teams, including risk management, operations, and compliance, to enhance fraud prevention measures. - Monitor industry trends, regulatory changes, and best practices to continually enhance fraud prevention strategies. - Utilize data analytics tools and methodologies to conduct in-depth assessments and generate reports on first-party fraud trends and potential vulnerabilities. - Stay updated on industry trends, emerging threats, and best practices related to first-party fraud prevention. - Work closely with law enforcement and regulatory agencies, when necessary, to address instances of first-party fraud. Skills Sales Highest Education Bachelor of Commerce Working Language English, Tamil