Fraud Investigation Analyst

competency Risk Consulting (CR&R)

Skill: Fraud Detection & Investigations

Job Overview

Exp Associate 1-2 / 2.5 Years

Exp for Sr.Associate : 2.5 -4 Years

NP- 30 Days notice max

Positional Requirement/Responsibilities

Fraud Investigator responsible for Detecting and investigating financial fraud on behalf of PwC's clients

Position Associate / Sr. Associate

Job Summary:

Analyze financial transactions and account activity to identify unusual activity to identifyunusual or suspicious patterns.

Conducting in-depth investigations into potential fraud cases, which may involve gatheringevidence.

Performing 360 Reviews on the Alert which has been triggered due to violation of thresholdset for the systems for Fraud types (i.e.- ATO, PTO, TOA, ID Theft, ATO Scam, First Party Frauds etc.)

Conduct 360 fraud reviews for the customer's profiles and responsible for detecting andmitigating core banking, payments, fraud, and account opening red flags. Implemented solutions tofraud problems across ATO's, P2P Payments, ACH kiting, check kiting, and wire fraud

Multiple investigations into whistle blower complaints concerning account hijacking,transactional frauds, funds transfer return, checks (RDC, Thea) or ACH transactions that provided realtime decisions on credit card, loan, and Zelle fraud red flags

Combined retroactive analysis with current state fraud control assessments to implementtechnology and process framework that provided real time decisions on fraud strategy and overall fraudassessment

Liaison with internal and external counterparts to perform end-to-end alert reviews (360review) from fraud alert generation through to SAR filing.

Analyze data trends and out of pattern activities to assimilate the next course of action (Caseclosure, Reimbursements, or escalation)

Adjudicate the fraud type and apply relevant mitigation steps basis policies and procedures

Qualifications:

Prior experience in Fraud detection and investigations

Transaction Monitoring experience is preferred

Familiarity with the firm's internal systems and processes or similar processes at otherinstitutions

Exceptional research and analytical skills with the ability to analyze large amounts of data,decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and developwell-reasoned recommendations

Proficient in MS Office (Outlook/Word/Excel/PowerPoint)

Maintaining detailed records of fraud cases and investigation outcomes.

Ensuring compliance with relevant laws and regulations related to fraud detection andprevention.

Desired Educational Qualification

Bachelor's Degree in Commerce, Computer Science or equivalent is preferred.

Preferred Educational Qualification

Full-time master's degree/MBA

Job location : Hyd, Kol, Mumbai, Bangalore

Education: Any Graduate