Senior Fraud Analyst @ National Placement

Job Description

Work Location: Trivandrum (Hybrid) Roles and responsibilities:- Evaluate potential fraud alerts within the alert management system and determine the nature of the activity, whether it constitutes fraud or not. Scrutinize transaction history, check images, ACH and wire transfers, and frequently review online banking logins to spot and assess risk or fraudulent activities. Take corrective measures, such as blocking card access, limiting online banking access, placing holds on funds, and attaching a restriction flag to an account. Document detailed notes in the alert management system to provide clear insights into the nature of the identified fraud. Analyze alerts generated by the fraud system, and take action immediately within end of the same day. Periodically examine transactions to detect emerging fraud trends and stay informed about new fraud rules and screening strategies. Routinely review and monitor existing fraud rules, collaborating with Fraud Data Analysts and. Fraud Managers to adjust and enhance rules. Identify and document patterns of fraud through vigilant monitoring of high-risk transactions. Actively engage in team meetings, sharing pertinent information, and contributing suggestions for enhancing fraud operations. Expected Expertise & Skillsets:- Above 7 years of Experience in US Finance domain. More than 5 years worked in Financial Fraud Analysis department in identifying Fraud and its mitigating process. Extensive knowledge of the US banking industry, including various types of transactions and best practices. Strong knowledge of banking regulations such as COSO, SOX, FDICIA, etc. and experience with the prevention and detection of fraud by means of Fraud Risk Identification Service (FRIS) case management/alert system. Proficient in Microsoft Office tools (Outlook, Word, Excel, PowerPoint, Access, etc.), demonstrating analytical abilities. Competency in SQL query language, as well as experience with relational databases is a good to have. Experience in BI tools (Tableau, PowerBI, Redshift, etc.) is good to have. Strong analytical mind-set with ability to detect trends and data anomalies. Require strong attention to detail and accuracy to factor every piece of information in the investigation. Require the ability to thrive under pressure situations. Basic knowledge in programming language like Python, vba, macro. Also high level knowledge on Robotic tolls and AI tools like Open AI. Strong team player with excellent written, verbal and interpersonal communication skills. Associates Degree required preferably in business related degree BBA - Finance, B.com, B.Sc, B.Tech, MBA Finance. Preference for individuals to be certified under an accredited body such as the Association of Certified Fraud Examiners (ACFE

Employement Category:

Employement Type: Full time
Industry: IT Services & Consulting
Role Category: Production
Functional Area: Not Applicable
Role/Responsibilies: Senior Fraud Analyst

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Keyskills:   relational databases BI tools Python VBA macro Bcom BSc certified fraud examiner US Finance domain Financial Fraud Analysis US banking industry banking regulations Microsoft Office tools SQL query language analytical abilities attention to detail Robotic tools AI tools written communication skills verbal communication skills interpersonal communication skills BBA Finance BTech MBA Finance