Fraud Detection Analyst
- Top B2b Mnc
- 1 - 5 years
- Hyderabad
- 1 month ago
- Email to a friend
- Report this job
Job Description
Fraud Detection Analyst
Role & responsibilities
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
2 / 2
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 masters degree/MBA
Desired Certifications:
CFE
CAMS
CRP
Interested candidates send resume to ra*******m@tw**l.com
Job Classification
Industry: BankingFunctional Area / Department: Risk Management & Compliance
Role Category: Security / Fraud
Role: Fraud Analyst
Employement Type: Full time
Contact Details:
Company: Top B2B MNC AccountingLocation(s): Hyderabad
Keyskills: Fraud prevention Fraud Analyst ATO Fraud Detection
Similar positions
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in