Fraud ops Analyst - Chennai

Citi; Chennai District; On-site; INR 500,000 - 700,000; Full time

Job summary

Citi is seeking an entry-level Fraud Ops Analyst to support fraud risk policy application and loss prevention in coordination with the Fraud Operations team. The role focuses on making appropriate decisions using risk/reward balance while adhering to regulatory guidelines.

Responsibilities include forecasting fraud, data analysis, and maintaining knowledge of industry standards. The candidate must be able to communicate clearly and work in shifts as required.

Qualifications

• Bachelor’s degree/University degree or equivalent experience.
• Experience in fraud investigations preferred.
• Knowledge of risk and controls in financial operations.

Responsibilities

• Perform short and long term fraud forecasting analysis.
• Make judgments within guidelines under supervision.
• Develop knowledge of industry standards and practices.
• Identify data inconsistencies and communicate findings clearly.
• Assess risk in business decisions with emphasis on compliance.

Skills

Fraud investigations

Data trend analysis

Risk assessment

Written & verbal communication

Rotational shifts

Education

Bachelor's degree

Tools

Microsoft Office

Access

Job description

The Fraud Ops Analyst is an entry level position responsible for assisting in efforts to ensure fraud risk policy and controls are applied to minimize the impact of fraud incidence and prevent loss in coordination with the Fraud Operations team. The overall objective of this role is to assist in managing fraud losses by ensuring analysts make appropriate decisions using risk/reward balance methodology.

Responsibilities:

• Perform short and long term forecasting analysis and standardized fraud analysis
• Make judgments based on practice and precedence, and work within guidelines, under general supervision
• Develop and maintain working knowledge of business/industry standards and practices
• Demonstrate fundamental understanding of how the team interacts with others in accomplishing the objectives of the area
• Identify inconsistencies in data or results, and exchange information in a concise and logical way
• Impact the business directly through the quality of the tasks/services provided
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• at least 5yrs Relevant experience in a related role
• Knowledge and previous experience in the Investigation and Fraud claims process
• Experience in trend analysis and alerts in early fraud detection
• Extensive knowledge of the Bank's Transactional Processing platforms
• Proficient in Microsoft Office and Access
• Consistently demonstrates clear and concise written and verbal communication
• Demonstrated ability to remain unbiased in a diverse working environment
• Willing to work in Rotational Shifts

Education:

• Bachelor’s degree/University degree or equivalent experience

Job Family Group:

Operations - Services

Job Family:

Fraud Operations

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

Fraud Prevention.

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