FRAUD & RISK ANALYST
GLOBAL
Job Overview
Our client is an exciting Tech startup who is using innovation and strategic market position for rapid expansion of their business, they are seeking a talented and experienced Fraud & Risk Analyst to join their team. As a Fraud & Risk Analyst, you will be responsible for identifying and analysing potential fraudulent activities, implementing measures to prevent fraud, and assessing risks to protect the undisclosed business. You will work closely with cross-functional teams to develop and implement strategies, policies, and procedures to minimise fraud risks and maintain a secure environment for our customers and stakeholders. Your analytical skills, attention to detail, and ability to stay updated on the latest fraud trends will be critical in ensuring the integrity and security of our operations.
Responsibilities
- Monitor and analyse transactions, systems, and user behaviour to identify and investigate potential fraud patterns or activities.
- Develop and maintain fraud detection rules, algorithms, and models to identify and prevent fraudulent transactions or behaviour.
- Collaborate with the development team to enhance fraud detection systems and implement innovative fraud prevention techniques.
- Conduct regular reviews and audits to identify vulnerabilities and weaknesses in existing processes and systems.
- Work closely with cross-functional teams, including operations, customer support, and legal, to investigate fraud incidents, gather evidence, and take appropriate actions.
- Stay updated on the latest fraud trends, techniques, and tools in the industry, and proactively implement necessary measures to prevent new fraud schemes.
- Analyse and report on fraud and risk metrics, trends, and patterns to senior management, providing recommendations for improvement.
- Implement and maintain fraud prevention policies, procedures, and controls, ensuring compliance with industry regulations and best practices.
- Collaborate with external partners, such as law enforcement agencies, payment processors, and industry associations, to address fraud-related issues and gather intelligence.
- Provide training and guidance to employees on fraud awareness, prevention measures, and reporting procedures.
Requirements
- Bachelors degree in a relevant field such as computer science, data analytics, or risk management. Additional certifications in fraud detection or risk management are a plus.
- Proven experience as a Fraud & Risk Analyst, Fraud Investigator, or in a similar role within the tech industry.
- Solid understanding of fraud prevention and detection techniques, tools, and methodologies.
- Familiarity with fraud management systems and data analysis tools.
- Strong analytical skills, with the ability to identify patterns, analyse data, and draw meaningful insights.
- Knowledge of fraud-related laws, regulations, and compliance requirements.
- Proficiency in using data analysis tools such as SQL, Excel, or statistical software.
- Excellent attention to detail and ability to manage multiple tasks and prioritise effectively.
- Strong communication and interpersonal skills, with the ability to collaborate with cross-functional teams and present findings to stakeholders.
- Ethical mindset, with a commitment to maintaining the highest standards of integrity and confidentiality.