Fraud Analyst

Xforia Technologies; Hyderabad, Bengaluru; Presencial; INR 500.000 - 700.000; Jornada completa

Descripción de la vacante

Xforia Technologies in Hyderabad, India seeks a Fraud Detection Analyst with 1–3 years of experience. The role focuses on analyzing transactions and account activity to identify suspicious patterns, conducting in-depth investigations, and performing 360 reviews.

You will liaise with internal and external teams to drive end-to-end fraud assessment and SAR filings. The position requires knowledge of fraud detection practices, transaction monitoring, and strong analytical skills.

Formación

• Prior experience in Fraud detection and investigations.
• Transaction Monitoring experience is preferred
• Familiarity with the firm's internal systems and processes or similar processes at other institutions
• Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes and develop well-reasoned recommendations
• Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
• Maintaining detailed records of fraud cases and investigation outcomes.
• Ensuring compliance with relevant laws and regulations related to fraud detection and prevention.

Responsabilidades

• Analyze financial transactions and account activity to identify unusual or suspicious patterns.
• Conduct in-depth investigations into potential fraud cases, gathering evidence.
• Perform 360 Reviews on the Alert triggered due to threshold violations for fraud types (ATO, PTO, TOA, ID Theft, etc.).
• Conduct 360 fraud reviews for customer profiles; detect and mitigate core banking, payments, fraud, and account opening red flags; implement solutions across fraud domains.
• Investigate whistle blower complaints concerning account hijacking, transactional frauds, funds transfer returns, and ACH transactions with real-time decisions on credit cards, loans, and Zelle fraud flags.
• Combine retroactive analysis with current fraud control assessments to enable real-time fraud decisions.
• Liaise with internal and external counterparts to perform end-to-end alert reviews from generation to SAR filing.
• Analyze data trends and out-of-pattern activities to decide next steps (case closure, reimbursements, or escalation).
• Adjudicate fraud types and apply mitigation steps as per policies and procedures.

Conocimientos

Fraud detection

Investigations

Transaction monitoring

Data analysis

MS Office

Documentation

Educación

Bachelor's degree in Commerce/CS

Master's degree MBA

Herramientas

SQL

Descripción del empleo

Job Overview

Experience Range: 1 - 3 years

Positional Requirement/Responsibilities

Position Fraud Detection Analyst

Shift: Night shift is mandatory and subject to change a per client’s requirements.

Job Summary:

• Analyze financial transactions and account activity to identify unusual activity to identify unusual or suspicious patterns.
• Conducting in-depth investigations into potential fraud cases, which may involve gathering evidence.
• Performing 360 Reviews on the Alert which has been triggered due to violation of threshold set for the systems for Fraud types (i.e.- ATO, PTO, TOA, ID Theft, ATO Scam, First Party Frauds etc.)
• Conduct 360 fraud reviews for the customer’s profiles and responsible for detecting and mitigating core banking, payments, fraud, and account opening red flags. Implemented solutions to fraud problems across ATO’s, P2P Payments, ACH kiting, check kiting, and wire fraud
• Multiple investigations into whistle blower complaints concerning account hijacking, transactional frauds, funds transfer return, checks (RDC, Thea) or ACH transactions that provided real time decisions on credit cards, loans, and Zelle fraud red flags
• Combined retroactive analysis with current state fraud control assessments to implement technology and process framework that provided real time decisions on fraud strategy and overall fraud assessment
• Liaison with internal and external counterparts to perform end-to-end alert reviews (360 review) from fraud alert generation through to SAR filing.
• Analyze data trends and out of pattern activities to assimilate the next course of action (Case closure, Reimbursements, or escalation)
• Adjudicate the fraud type and apply relevant mitigation steps basis policies and procedures

Qualifications:

• Prior experience in Fraud detection and investigations
• Transaction Monitoring experience is preferred
• Familiarity with the firm's internal systems and processes or similar processes at other institutions
• Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and develop well-reasoned recommendations
• Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
• Maintaining detailed records of fraud cases and investigation outcomes.
• Ensuring compliance with relevant laws and regulations related to fraud detection and prevention.

Desired Educational Qualification

• Bachelor’s Degree in Commerce, Computer Science or equivalent is preferred.

Preferred Educational Qualification

• Full-time master’s degree/MBA

Desired Certifications:

• CFE
• CAMS
• CRPHi Team,