Business Analyst, Fraud Prevention

HealthEquity; Draper (UT); Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Business Analyst for their Fraud Prevention team. This remote position offers the chance to make a significant impact by supporting fraud prevention initiatives through process design and data analysis. The ideal candidate will collaborate with various stakeholders, analyze fraud trends, and document business requirements effectively. If you are analytical, inquisitive, and possess strong communication skills, this is an exciting opportunity to contribute to meaningful fraud mitigation strategies in a fast-paced environment.

Qualifications

• 1+ years of experience in business analysis, preferably in fraud prevention.
• Strong analytical skills to identify fraud patterns and process inefficiencies.

Responsibilities

• Design and document fraud prevention processes for clarity and efficiency.
• Analyze fraud data trends to identify patterns and opportunities for improvement.

Skills

Analytical Skills

Communication Skills

Process Documentation

SQL

Visio

Education

Bachelor's degree in business, finance, data analytics, or related field

Tools

Visio

Microsoft Office Suite

Databricks

Job description

Business Analyst, Fraud Prevention

Job Locations

US-Remote

Our Mission

Our mission is to SAVE AND IMPROVE LIVES BY EMPOWERING HEALTHCARE CONSUMERS. Come be part of remarkable.

Overview

How you can make a difference

The Business Analyst (BA) for the Fraud Team plays a critical role in supporting fraud prevention initiatives through process design, documentation, and business analysis. This role involves gathering requirements, analyzing fraud-related data, and collaborating with stakeholders to enhance fraud detection and mitigation strategies. The ideal candidate is inquisitive, analytical, and assertive, with strong communication skills and proficiency in process documentation tools and SQL.

What you'll be doing

1. Design and document fraud prevention processes, ensuring clarity and efficiency.
2. Support fraud-related initiatives by gathering business requirements and assisting in solution design.
3. Collaborate with fraud operations, risk management, and technology teams to develop and refine fraud mitigation strategies.
4. Analyze fraud data trends to identify patterns and opportunities for process improvement.
5. Utilize Visio to create process flows and document business workflows.
6. Write clear and structured business requirements, user stories, and use cases related to fraud prevention.
7. Assist in user acceptance testing (UAT) and end-to-end (E2E) testing to validate fraud detection enhancements.
8. Work independently and proactively engage stakeholders to drive fraud prevention initiatives.
9. Support fraud-related investigations and system enhancements by interpreting and analyzing logged data.
10. Communicate findings and recommendations effectively to both technical and non-technical audiences.

What you will need to be successful

• Bachelor's degree in business, finance, data analytics, or a related field.
• 1+ years of experience in business analysis, preferably within fraud prevention or financial services.
• Strong analytical skills with the ability to identify fraud patterns and process inefficiencies.
• Proficiency in Visio and Microsoft Office Suite (Excel, Word, PowerPoint, Outlook).
• Basic knowledge of SQL and Databricks for querying and analyzing fraud data.
• Strong communication and interpersonal skills, with the ability to interact with multiple stakeholders.
• Ability to work independently and manage multiple projects in a fast-paced environment.
• Experience in fraud detection, payment fraud, or financial crime prevention is a plus.
• Familiarity with Agile methodologies and business analysis frameworks is beneficial.

#LI-Remote

This is a remote position.