Fraud Analyst

StraitsX; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented Fraud Analyst to join their team. In this pivotal role, you will be responsible for identifying and investigating fraudulent activities, ensuring the integrity of operations. Collaborating with various stakeholders, you will utilize your analytical skills and SQL proficiency to monitor transactions, analyze data, and support investigations. This role offers a unique opportunity to contribute to the development of fraud risk assessments and training materials in a dynamic environment focused on security and compliance. If you are passionate about fraud prevention and data analysis, this position is perfect for you.

Qualifications

• 1-3 years of experience in fraud analysis or risk analysis.
• Proficiency in SQL and familiarity with data analysis tools.

Responsibilities

• Monitor transactions for suspicious patterns and analyze data for fraud.
• Assist in investigations and document findings for the Fraud Manager.

Skills

Analytical Skills

Problem-Solving Skills

Attention to Detail

Communication Skills

Fraud Detection

Education

Bachelor's Degree in Business

Bachelor's Degree in Finance

Bachelor's Degree in Computer Science

Tools

SQL

Analytical Software

Job description

About The Role

We are seeking a detail-oriented and analytical Fraud Analyst to join our team. You will play a crucial role in identifying, investigating, and preventing fraudulent activities. You will work closely with the Fraud Manager, Compliance Manager, Product Manager, and other stakeholders to ensure the integrity and security of our operations.

What You Will Do

Fraud Detection and Analysis:

1. Monitor transactions and activities for suspicious patterns and potential fraud.
2. Analyze data to identify trends and anomalies indicative of fraudulent activity.
3. Utilize data querying tools (SQL) and other analytical software to extract and interpret relevant information.

Investigation Support:

1. Assist in the investigation of suspected fraud cases by gathering and analyzing evidence.
2. Document investigation findings and prepare reports for the Fraud Manager.
3. Support the development of procedures and controls to mitigate identified fraud risks.

Reporting and Documentation:

1. Maintain accurate records of fraud-related activities and investigations.
2. Provide regular reports on fraud trends and potential risks.
3. Assist in the preparation of materials for the Risk Committee.

Data Analysis and Tool Usage:

1. Use SQL to query databases and extract relevant data for analysis.
2. Utilize analytical tools and software to identify and assess fraud risks.
3. Assist in the testing and implementation of fraud detection systems.

Risk Assessment Support:

1. Assist in performing Fraud Risk Assessments on specific units, products, and processes.
2. Contribute to the development of fraud risk training and awareness materials.

What We Are Looking For

1. Bachelor's Degree in business, finance, computer science, or a related field.
2. 1-3 years of experience in fraud analysis, risk analysis, or a related field, preferably in financial services or financial technology.
3. Proficiency in SQL for data querying and analysis.
4. Familiarity with data analysis tools and techniques.
5. Strong analytical and problem-solving skills.
6. Ability to identify and analyze patterns and trends.
7. Excellent attention to detail and accuracy.
8. Strong written and verbal communication skills.
9. Ability to work independently and as part of a team.