Job Description

• Above 7 years of Experience in the US Finance domain.
• More than 5 years worked in the Financial Fraud Analysis department in identifying Fraud and its mitigating process.
• Associate degree required, preferably in a business-related degree – BBA - Finance, B.com, B.Tech, MBA – Finance
• The person's responsibility should be to Lead candidates and coordinate with their US counterparts.
• 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, as well as regularly review daily, weekly, and monthly reports aimed at identifying suspicious activities.
• 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.
• 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 and competency in SQL query language, as well as experience with relational databases.
• Experience in SQL and BI tools (Tableau, PowerBI, Redshift, etc.)
• 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.
• Basic knowledge in programming languages like Python, VBA, macro. Also high-level knowledge of Robotic tolls and AI tools like Open AI.
• Strong team player with excellent written, verbal and interpersonal communication skills.
• Preference for individuals to be certified under an accredited body such as the Association of Certified Fraud Examiners (ACFE),

                        Job Location                       : Work From Home

                       Notice Period                      : Immediate to 15 days