Key Responsibilities
Fraud Analytics & Detection
- Lead fraud analytics initiatives by monitoring transactions, analyzing reports, and reviewing SQL scripts to detect unusual patterns.
- Develop, implement, and refine fraud detection rules, strategies, and controls to address emerging trends.
- Provide ad hoc analytical support for fraud prevention, detection, and recovery efforts.
- Collaborate with stakeholders to integrate analytics insights into policy enhancements, product launches, and regulatory compliance initiatives.
Investigations & Reporting
- Conduct thorough investigations of suspected fraud cases using data-driven approaches.
- Gather and document evidence, including transaction records and communication logs.
- Prepare detailed investigation reports with actionable insights and recommendations.
- Maintain comprehensive records of investigations and present findings to senior management.
Risk Management & Prevention
- Perform risk assessments to identify potential vulnerabilities in banking processes.
- Recommend and implement data-backed internal controls to mitigate fraud risks.
- Stay updated on emerging fraud tactics and regulatory requirements.
Training & Collaboration
- Support the development of training programs to enhance fraud awareness and analytical skills among employees.
- Collaborate with internal teams (Compliance, Risk, Legal, Audit) and external stakeholders (regulators, law enforcement, industry groups).
