September 20, 2024

Empire Survelliance

INTERN & OTHER & FULL TIME

Risk & Fraud Analyt

Job Title: Risk and Fraud Analyst
Location: Bhopal
Department: Risk Management/Compliance
Reports To: Risk & Fraud Manager
Job Overview:
We are seeking a highly analytical and detail-oriented Risk and Fraud Analyst to join our team. The ideal candidate will play a crucial role in identifying, investigating, and mitigating potential risks and fraud across our business operations. This role involves working closely with multiple departments to monitor suspicious activity, improve risk strategies, and ensure compliance with regulatory standards.
Key Responsibilities:

Monitor Transactions: Analyze and review financial transactions, customer accounts, and operational processes to detect fraudulent activities and suspicious patterns.
Fraud Detection: Utilize risk assessment tools, fraud detection systems, and data analytics to identify potential risks and prevent fraud.
Investigation: Conduct thorough investigations of reported incidents, including fraud claims, chargebacks, account takeovers, and policy breaches.
Risk Assessment: Perform risk assessments for various processes and business areas, providing recommendations to minimize exposure.
Reporting & Documentation: Prepare detailed reports of fraudulent activity, findings from investigations, and recommended corrective actions.
Collaboration: Work closely with legal, compliance, and security teams to coordinate responses to fraud and ensure all actions comply with regulatory requirements.
Strategy Development: Contribute to the development of fraud prevention strategies, policies, and procedures to strengthen the company’s overall risk management framework.
Compliance Monitoring: Ensure compliance with internal policies, legal regulations, and industry standards regarding fraud and risk management.
Training: Support the development and delivery of fraud awareness and prevention training programs for employees across departments.

Qualifications & Skills:

Education: Bachelor’s degree in Pharma, Biology, Finance, Accounting, Business, Risk Management, or a related field.
Analytical Skills: Strong analytical and problem-solving skills, with the ability to interpret complex data and draw actionable insights.
Attention to Detail: High level of accuracy and attention to detail in reviewing financial and operational data.
Communication: Excellent written and verbal communication skills for reporting findings and collaborating with stakeholders.
Technical Skills: Proficiency in fraud detection tools, data analysis software (e.g., Excel, SQL), and risk management platforms.
Regulatory Knowledge: Familiarity with financial regulations, anti-fraud regulations (AML, KYC), and compliance standards.
Adaptability: Ability to work in a fast-paced environment and manage multiple tasks and projects concurrently.