Xforia Hiring for Fraud Detection Analyst – Bangalore

Job Description

Xforia Hiring for Fraud Detection Analyst – Bangalore 

As a Fraud Detection Analyst, you will play a critical role in safeguarding the organization by analyzing financial transactions and account activity to detect unusual or suspicious patterns. You will conduct thorough investigations and provide actionable insights to prevent fraud and financial crimes.

 Responsibilities:

• Analyze transactional data and account behavior to identify anomalies or fraudulent activities.

• Conduct in-depth investigations on potential fraud cases, including gathering, reviewing, and documenting evidence.

• Perform comprehensive 360-degree reviews on alerts triggered by fraud detection systems for various fraud types such as Account Takeover (ATO), Payment Takeover (PTO), Transfer of Account (TOA), Identity Theft, First Party Frauds, and ATO scams.

• Detect and mitigate fraud risks across core banking systems, payments, and account openings by identifying red flags and patterns of fraudulent behavior.

• Implement fraud mitigation strategies for cases including ATO, P2P payments fraud, ACH kiting, check fraud, and wire fraud.

• Investigate whistleblower complaints related to account hijacking, transactional frauds, funds transfer returns, remote deposit capture (RDC), and ACH transactions.

• Provide real-time decision support on fraud alerts for credit cards, loans, Zelle transfers, and other financial products.

• Collaborate with internal teams and stakeholders to strengthen fraud detection frameworks and enhance preventive measures.

Candidate Profile:

• Strong analytical and investigative skills with an eye for detail.

• Experience in fraud detection within the banking or financial services sector is preferred.

• Ability to work in a fast-paced environment and manage multiple investigations simultaneously.

• Good communication skills to document and present investigation findings clearly.

• Knowledge of fraud detection tools and financial crime prevention techniques is an advantage.

This is an excellent opportunity to grow your career in fraud detection and make a significant impact within global banking.