Fraud Specialist

1 Month ago • 4 Years +

Monetization

Job Description

The Fraud Specialist will lead efforts to identify fraudulent activity and introduce proactive fraud prevention tools and techniques to limit risks associated with fraud, anti-money laundering, and counter-terrorist financing. This role involves utilizing advanced fraud detection techniques, tools, and analytics, leading investigations into complex fraud cases, analyzing large datasets, developing fraud detection strategies, and mentoring fraud analysts. The specialist will collaborate with cross-functional teams and stay updated on industry trends and regulations.

Must Have:

Lead and manage investigations into complex fraud cases.
Analyze large datasets to detect and predict fraudulent activities.
Review fraud patterns and trends, proposing proactive measures.
Provide expert guidance and mentoring to the Fraud Analyst team.
Collaborate with business, legal, compliance, and security teams.
Develop fraud detection strategies and testing methodologies.
Assist with regulatory reporting and investigations.
Document and present findings, including reports and presentations.
Stay up to date with industry fraud trends and technologies.
Bachelor’s degree in Criminal Justice, Business, Finance, or related field.
Certified Fraud Examiner.
4+ years of experience in fraud prevention, investigations, or financial crime.
Strong analytical skills.
Proficiency in data analysis tools (Excel, SQL, Python, Snowflake).
In-depth knowledge of fraud detection tools and methodologies.
Experience leading investigations.
Excellent written and verbal communication skills.
Strong attention to detail and organizational skills.

Add these skills to join the top 1% applicants for this job

cross-functional

communication

excel

data-analytics

game-texts

python

sql

machine-learning

Overall Purpose

The Fraud specialist will lead efforts to identify fraudulent activity and introduce pro-active industry-leading fraud prevention tools and techniques, to limit risk associated with fraud, anti-money laundering and counter-terrorist-financing. This individual will utilize advanced fraud detection techniques, tools, and analytics to safeguard the organization from financial and reputational harm. The Fraud Specialist will work closely with cross-functional teams and provide mentorship to fraud analysts.

Key Responsibilities:

Lead and manage investigations into complex fraud cases across various channels, including transactions, accounts, and third-party relationships.
Analyze large datasets to detect and predict fraudulent activities, using machine learning models, anomaly detection, and behavioral analytics.
Review fraud patterns and trends, proposing proactive measures to mitigate risks.
Provide expert guidance and mentoring to the Fraud Analyst team to improve their skills and efficiency.
Collaborate with business, legal, compliance, and security teams to ensure fraud cases are handled in accordance with company policy and regulations.
Develop fraud detection strategies, testing methodologies, and recommend new tools or systems.
Assist with regulatory reporting and investigations related to fraud.
Document and present findings, including the development of reports and presentations.
Stay up to date with industry fraud trends, regulatory changes, and emerging technologies.

Skills & Qualifications:

Bachelor’s degree in Criminal Justice, Business, Finance, or a related field.
Certified Fraud Examiner.
4+ years of experience in fraud prevention, investigations, or financial crime.
Strong analytical skills and proficiency in data analysis tools (Excel, SQL, Python, Snowflake etc.).
In-depth knowledge of fraud detection tools and methodologies.
Ability to interpret complex data, identify patterns, and recommend actions.
Experience leading investigations and collaborating with cross-functional teams.
Excellent written and verbal communication skills.
Strong attention to detail, organizational skills, and the ability to manage multiple investigations at once.