We are seeking a highly motivated and detail-oriented Fraud Prevention Business Analyst to join our team. The successful candidate will be responsible for analyzing data to detect and prevent fraudulent activities, developing strategies to mitigate risks, and ensuring the integrity of our financial and operational processes.
Key Responsibilities:
- Data Analysis:Analyze large datasets to identify patterns and trends indicative of fraudulent activities.
Utilize data mining, statistical, and analytical techniques to detect anomalies.
- Fraud Detection and Prevention:Develop and implement fraud detection models and systems.
Monitor transactions and activities in real-time to identify and prevent fraud.
Collaborate with IT and other departments to enhance fraud prevention tools and systems.
- Reporting and Documentation:Prepare detailed reports on fraud findings and trends for management.
Document fraud detection procedures and policies.
- Strategy Development:Develop and recommend strategies to prevent and mitigate fraud risks.
Stay updated on the latest fraud trends, tools, and technologies.
- Compliance and Training:Ensure compliance with regulatory requirements related to fraud prevention.
Conduct training sessions for employees on fraud detection and prevention techniques.
