Fraud Analyst

Placements24; Newlands; Hybrid; AUD 80,000 - 110,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement benefits

Training and development

Hybrid work model

Job summary

Placements24 is seeking a vigilant Fraud Analyst to join our financial operations team in Queenstown. You will detect, investigate, and prevent fraudulent activities across transactions and platforms, using analytical tools to identify patterns and mitigate losses.

The role requires a strong eye for detail, experience in fraud analysis, and the ability to report findings clearly. Hybrid work setup is offered, with opportunities for growth and professional development in fraud prevention

Qualifications

• Bachelor's degree in Finance, Criminology, Data Science, or a related field.
• Experience in fraud analysis, risk management, or a similar role within the financial or e-commerce industry.
• Strong analytical and critical thinking skills with a keen eye for detail.
• Proficiency in data analysis tools and techniques; experience with SQL is advantageous.
• Excellent written and verbal communication skills for reporting and case management.
• Ability to work independently and as part of a team in a fast-paced environment.

Responsibilities

• Monitor real-time transaction data to identify and flag potentially fraudulent activities.
• Investigate suspected fraud cases, gather evidence, and document findings thoroughly.
• Utilize fraud detection tools and analytical techniques to assess risk and identify emerging fraud trends.
• Collaborate with internal teams (e.g., customer service, operations) and external agencies to resolve fraud cases.
• Develop and recommend improvements to fraud prevention strategies and systems.
• Prepare regular reports on fraud trends, detection rates, and loss prevention efforts.

Skills

Analytical thinking

Risk management

Data analysis

SQL (advantageous)

Communication

Teamwork

Education

Bachelor's degree in Finance, Criminology, Data Science, or related field

Tools

SQL

Job description

About the Role

Our client is looking for a vigilant and analytical Fraud Analyst to join their financial operations team in Queenstown . This role is essential for detecting, investigating, and preventing fraudulent activities across various financial transactions and platforms. You will utilize advanced analytical tools and keen observation skills to identify suspicious patterns, mitigate losses, and safeguard the company and its customers. This position offers a critical role in maintaining financial security and integrity within the Eastern Cape region, contributing to a trusted banking environment.

Key Responsibilities

• Monitor real-time transaction data to identify and flag potentially fraudulent activities.
• Investigate suspected fraud cases, gather evidence, and document findings thoroughly.
• Utilize fraud detection tools and analytical techniques to assess risk and identify emerging fraud trends.
• Collaborate with internal teams (e.g., customer service, operations) and external agencies to resolve fraud cases.
• Develop and recommend improvements to fraud prevention strategies and systems.
• Prepare regular reports on fraud trends, detection rates, and loss prevention efforts.

Requirements

• Bachelor's degree in Finance, Criminology, Data Science, or a related field.
• Experience in fraud analysis, risk management, or a similar role within the financial or e-commerce industry.
• Strong analytical and critical thinking skills with a keen eye for detail.
• Proficiency in data analysis tools and techniques; experience with SQL is advantageous.
• Excellent written and verbal communication skills for reporting and case management.
• Ability to work independently and as part of a team in a fast-paced environment.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive medical aid and retirement benefits.
• Training and development opportunities in fraud detection and prevention technologies.
• A stable work environment with opportunities for growth.
• Hybrid work model offering flexibility for employees in Queenstown .