Analyst - Credit and Fraud Operations

Blucognition; United States; Remote; USD 60,000 - 80,000; Full time

Job summary

A leading company in risk analytics is seeking a Credit & Fraud Operations Analyst. The role involves manual analysis of new customers, fraud evaluation, and collaboration with sales to ensure efficient loan approval. Ideal candidates will have experience in credit operations and a keen attention to detail.

Qualifications

• 2-5 years of experience in credit and fraud operations.
• Deep knowledge of fraud management principles.

Responsibilities

• Analyze prospective customers' manual bank statements.
• Conduct comprehensive debt analysis for customers.
• Drive improved performance on established Fraud KPIs.

Skills

Attention to Detail

Decision Making

Multitasking

Job description

Position: Analyst - Credit & Fraud Operations

About: bluCognition is an AI/ML based start-up specializing in risk analytics, data conversion and data enrichment capabilities. Founded in 2017, by some very named senior professionals from the financial services industry, the company is headquartered in the US, with the delivery centre based in Pune.

We build all our solutions while leveraging the latest technology stack in AI, ML and NLP combined with decades of experience in risk management at some of the largest financial services firms in the world. Our clients are some of the biggest and the most progressive names in the financial services industry.

We are entering a significant growth phase and are looking for individuals with entrepreneurial mindset who want to join us in this exciting journey.

https://www.blucognition.com/

Summary: As a Credit & Fraud Operations Analyst, you will be working within the Risk team to assist in the day-to-day manual analysis of new customers on the platform. You should be comfortable with high level financial analysis and data reconciliation in a fast-paced environment with supervision from senior risk members.

Roles & Responsibilities:

• Utilize and follow a defined set of standard operating procedures alongside Pipes internal credit tooling and systems to ensure minimum approval criteria is met (e.g. classifying customer industry, ensuring customer bank is connected, etc).
• Analyze prospective customers manual bank statements (such as compiling total debits and credits) to ensure consistency and conformity with revenue data and other ancillary data sources utilized in companys risk evaluations.
• Conduct comprehensive debt analysis for customers with multiple loans to assess repayment capacity & identify potential risks.
• Action daily applications pended into the fraud queue. Review the information elements on these cases thoroughly and decision them from fraud approval/decline perspective as per procedures.
• Drive improved performance on established Fraud KPIs achieving desired function objectives to drive reduction in fraud loss while reducing disruption/ improving experience for genuine applicants.
• Collaborate with the internal sales team to verify if any outstanding documents or information are required from the customer to facilitate loan approval, ensuring a seamless and efficient process.

Requirements:

• 2-5 years of experience in credit and fraud operations especially with decisioning of new credit product applications.
• Deep knowledge of fraud management principles and fraud operations.
• Strong knowledge of industry leading fraud solutions from 3rd parties.
• Experience in managing fraud operations within a mobile environment based new application decisioning is highly desired.
• Ability to multitask, establish priorities with an attention to detail in a fast-changing environment.
• Strong attention to detail & ability to make decisions with confidence.
• Should be open for flexible / rotational working hours.

Office Location: D - 3010, Solitaire Business Hub, Viman Nagar, Pune - 411014, Maharashtra, India

Mode of Work: Remote / Work from Home (WFH)

Working Days: 5 Days a Week

Shift Timings: Rotational - Flexibility required