Fraud / Chargeback / Dispute Analyst - US Banking Process

Shashwath Solution; Dadri; On-site; INR 300,000 - 600,000; Full time

Job summary

Shashwath Solution in Dadri, Uttar Pradesh, is seeking a detail-oriented Fraud Analyst to join our client's banking team. You will investigate fraudulent activity, analyze transactions, and help implement prevention strategies to protect financial operations.

The role emphasizes AML awareness, regulatory compliance, and collaboration with internal teams to resolve disputes and file SARs, ensuring accurate reporting and risk mitigation in a fast-paced banking environment.

Qualifications

• Minimum 6 months of fraud detection or financial dispute handling experience.
• Strong understanding of transaction monitoring and fraud prevention.
• Knowledge of AML, account takeover, card fraud, check fraud and chargebacks.
• Excellent analytical and problem-solving skills.
• Ability to work independently and in a fast-paced environment.

Responsibilities

• Investigate suspected fraudulent activity using various tools and techniques.
• Analyze transaction data and trends to identify suspicious patterns.
• Collaborate with internal departments and external partners to prevent fraud.
• Develop and implement fraud prevention strategies to minimize risk.
• Ensure adherence to financial regulations related to fraud detection and disputes.
• Review chargebacks and fraud claims for timely resolution.
• Prepare and file SARs as per regulatory requirements.

Skills

Fraud detection

Investigation

Data analysis

AML knowledge

Regulatory compliance

Job description

Position Overview:

We are looking for a highly skilled and detail-oriented Fraud Analyst to join our client's team in the banking industry. In this role, you will be responsible for identifying and preventing fraudulent activity within the banks operations and systems. You will play a crucial part in ensuring the safety and integrity of financial transactions, while complying with industry regulations.

Key Responsibilities:

• Investigate suspected fraudulent activity using a variety of tools and investigative techniques.
• Analyze transaction data, account activity, and trends to identify suspicious patterns that could indicate fraud.
• Collaborate with internal departments, law enforcement agencies, and external partners to prevent and resolve fraud-related issues.
• Develop and implement effective fraud prevention strategies and procedures to minimize risk exposure.
• Ensure adherence to financial regulations and industry standards related to fraud detection, prevention, and dispute handling.
• Review and manage chargebacks, disputes, and fraud claims to ensure timely resolution and mitigate financial losses.
• Prepare and file Suspicious Activity Reports (SARs) as per regulatory requirements.

Requirements:

• Minimum 6 months of experience in fraud detection, investigation, or financial dispute handling, with a strong understanding of transaction monitoring and fraud prevention.
• Knowledge of Anti-Money Laundering (AML), account takeover, card fraud, check fraud, and chargebacks.
• Strong analytical and problem-solving skills with an attention to detail.
• Ability to work independently and as part of a team in a fast-paced environment.
• Excellent communication, interpersonal, and negotiation skills.
• Familiarity with financial regulations and industry standards related to fraud prevention and detection.