Analyst, Fraud Risk Systems
Fraud Systems & Technology
Description:
CORE PROFILE
Responsible for identifying and preventing fraudulent activities within an organization. They play a crucial role in safeguarding the company's assets and reputation by detecting and mitigating various forms of fraud, such as financial fraud, identity theft, and cybercrime.
NATURE OF WORK
- Support help to the fraud strategy for the company, working closely with tech, and product teams to ensure fraud systems align with business objectives.
- Familiarity in Fraud cases involving credit cards and how they are consummated
- Oversee the monitoring of fraud systems and technology performance, ensuring systems are working as designed.
- Conduct regular reviews of antifraud systems, procedures and configurations, recommending updates as necessary to stay ahead of evolving fraud tactics.
- Coordinate to relevant teams / sub units in Anti-fraud and within other stakeholders, ensuring timely reporting of any system-related issue is detected.
- Carry out continuous improvement initiatives to make sure processes and tools are responsive to changing needs
- Ensure output of actions and activities are properly recorded and documented in the system for strategic analytics
- Evaluate, approves and corrects output of subordinates to ensure fulfillment of quantitative/qualitative goals and KRA's
- Familiarity in SQL and Python
DISPLAYED SKILL MASTERY
- Fraud Awareness: Understand how fraud occurs and recognize warning signs.
- Technology Integration: Leverage cutting-edge technologies for Antifraud/AML use cases
- Risk Management: Identify and mitigate potential fraud risks effectively.
- Data Analysis: Interpret complex data to detect fraudulent activities.
- Regulatory Compliance: Ensure compliance with fraud-related laws and regulations.
- Incident Management: Lead response on any system-related concerns up to resolution
- Strategic Thinking: Anticipate and proactively address emerging fraud threats.
- Clear Communication: Communicate findings and strategies clearly and concisely.
- Adaptability: Quickly adjust tactics to respond to evolving fraud tactics.
- Collaboration Skills: Work closely with other departments to strengthen fraud prevention / detection efforts.
- Team Leadership: Inspire and guide teams to achieve fraud prevention goals.
- Ethical Conduct: Uphold high ethical standards in all fraud prevention activities.
REQUIRED QUALIFICATIONS
- At least a year of experience in a fraud/AML analyst/investigator field
- Preferably from or has knowledge in the Financial Service, Banking, or technology industries
- Excellent communication skills, with the ability to clearly explain complex technical concepts to non-technical stakeholders.
EDUCATIONAL BACKGROUND
- BS or equivalent degree in Mathematics, Statistics, CS, IT, IS, Data Science, or equivalent fields