Hiring for Fraud Analyst – Bangalore

Job Description

Hiring for  Fraud Analyst – Bangalore

We are seeking a Fraud Analyst with expertise in Fraud Investigation and a strong understanding of Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. This role involves identifying, investigating, and preventing various types of fraud while ensuring compliance with AML/KYC protocols.

 Responsibilities:

• Fraud Investigation: Conduct thorough investigations into various types of fraud including Account Takeovers (ATO), Payment Fraud (PTO), Transaction Overuse (TOA), Identity Theft, ATO Scams, and First-Party Frauds.

• Transaction Monitoring: Investigate and review suspicious transactions such as P2P Payments, ACH Kiting, Wire Fraud, and Check Kiting, ensuring that all red flags are appropriately addressed.

• Fraud Red Flags & Reporting: Flag fraudulent activity by identifying suspicious patterns, escalating issues as required, and providing timely reports on high-risk fraud cases.

• AML/KYC Compliance: Ensure investigations are in line with AML and KYC regulations, safeguarding the organization from financial crimes and adhering to regulatory standards.

• Whistleblower Complaints: Address and investigate whistleblower complaints regarding account hijacking, transactional frauds, and fund transfer returns.

• Decision Making: Make real-time decisions regarding credit card, loan, and Zelle fraud red flags, providing immediate responses to mitigate potential risks.

• Collaboration: Work closely with internal teams, including Compliance, Risk, and Legal, to maintain a strong fraud detection and prevention framework.

Required Skills & Qualifications:

• Experience: Minimum of 2 years in fraud detection, investigation, or risk management, with a focus on AML and KYC compliance.

• Fraud Detection: Strong understanding of fraud types such as ATO, PTO, ACH Kiting, Wire Fraud, and Identity Theft.

• Communication Skills: Exceptional verbal and written communication skills are a must, as you’ll be interacting with various teams and stakeholders to report fraud findings.

• Technical Knowledge: Proficiency in fraud investigation tools and platforms, and understanding of fraud typologies and methodologies.

• Regulatory Knowledge: Knowledge of AML, KYC, and other financial compliance regulations.

Why Join Us?

• Be a part of a leading organization committed to combating financial fraud and ensuring regulatory compliance.

• Opportunity to enhance your skills in a fast-paced, high-impact environment.

• Work with a dedicated team of professionals and play a key role in protecting the financial system from fraud.