Analyst - Fraud

bluCognition; Pune District; On-site; INR 450,000 - 650,000; Full time

Job summary

bluCognition is seeking a Fraud Analyst in Pune to monitor and investigate customer accounts and transactions, flag and stop fraudulent activity, and resolve cases within SLAs. You will analyze trends, maintain records, and suggest improvements to fraud controls, balancing loss prevention with customer experience.

English communication with US-based clients is required. Ideal candidates have 1+ year in fraud investigation, strong analytical abilities, and proficiency in MS Office.

Qualifications

• 1+ year of fraud investigation experience.
• Strong analytical skills with attention to detail and accuracy.
• Proficient in MS Office and data handling.

Responsibilities

• Monitor and investigate customer accounts and transactions to identify fraud.
• Review flagged transactions and coordinate with customers as needed.
• Maintain investigation records and support fraud controls improvements.
• Identify fraud trends and participate in process enhancement initiatives.

Skills

Fraud Investigation

Analytical thinking

Education

Bachelors Degree in related field (Accounting, Economics, etc.)

Tools

MS Office

Job description

About bluCognition

bluCognition is an AI-powered commercial credit intelligence company serving lenders and financial institutions. Our platform combines commercial credit data contributed by 150+ lenders with AI-driven analytics, banking data and fraud detection to help our clients make faster, better credit decisions. Our product suite includes bluSense, which converts bank statements into standardized, categorized transaction data with real-time financial insights, and FraudLens, which detects document tampering and first-party fraud. Alongside our data products, we run a managed services business supporting underwriting, fraud review, and KYC/KYB and sanctions screening operations for our clients, with teams across North America, Asia and Europe.

About the Role

As a Fraud Analyst, you will monitor and investigate customer accounts and transactions to identify payment fraud, account takeover, unauthorized activity, and other risks. You will review flagged transactions, verify activity with customers when needed, and stop confirmed fraud while resolving cases within service-level agreements. You will analyze fraud trends, maintain accurate investigation records, and recommend improvements to fraud controls and processes, balancing loss prevention with a positive customer experience.

Key Responsibilities

• Monitor and identify high risk transactions within the business portfolio.
• Observe customer transactions to identify fraudulent activity such as payment fraud, First/third party fraud, account take over, friendly fraud, theft and similar other risks.
• Identify fraudulent transactions and cancel them from further processing.
• Resolve queued transactions within the service level agreements to reduce potential revenue losses.
• Interact with customers to validate information and to confirm or cancel authorizations.
• Monitor constantly customer and transactional records to identify unauthorized transactions and fraudulent accounts.
• Ensure confidentiality of all information collected during investigation.
• Determine existing fraud trends by analyzing accounts and transaction patterns.
• Identify system improvements to prevent fraudulent activities.
• Recommend anti-fraud processes for changing transaction patterns and trends.
• Maintain fraud analysis models, trackers to improve efficiency and effectiveness of company systems.
• Maintain the performance as per KRA.
• Undertake other responsibilities as may be assigned/approved by management from time to time.

What we are looking for

• 1+ year experience in Fraud Investigation is preferrable.
• Strong analytical skills with the ability to collect, organize, analyse, and disseminate significant amounts of information with attention to detail and accuracy
• Proficient in MS Office.

Educational Qualifications

• Bachelors Degree in related field like accounting, economics, business management, statistics, etc.
• Good communication skills, with proficiency in English and to be able to communicate with the US based client directly