Fraud Investigative Analyst

Xforia Technologies; Hyderabad, Bengaluru; On-site; INR 900,000 - 1,400,000; Full time

Job summary

Xforia Technologies in Hyderabad, India is seeking a Fraud Investigations Analyst to analyze financial transactions, conduct in-depth fraud investigations, and perform 360 reviews to detect and mitigate fraud across banking products. The role focuses on real-time decision support and evidence-based outcomes.

The ideal candidate has prior fraud detection experience, knowledge of transaction monitoring, and familiarity with financial systems.

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

Responsibilities

• Excellent research and analytical skills to analyze large data sets and identify high-risk attributes and recommend actions
• Proficient in MS Office (Outlook/Word/Excel/PowerPoint) for documentation and reporting
• Maintain detailed records of fraud cases and outcomes of investigations
• Ensure compliance with laws and regulations related to fraud detection and prevention

Skills

Fraud detection

Investigation

Data analysis

Education

Bachelor's degree in Commerce/CS

MBA preferred

Tools

MS Office

Job description

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 customers 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

Responsibilities

• 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