Job Description

- The Fraud Risk Management Analyst will play a pivotal role in safeguarding the company against fraudulent activities and mitigating associated risks.

- This position involves monitoring, and implementation of strategies to prevent, detect, and respond to potential fraud incidents.

- Conduct thorough analysis of transactional data, patterns, and trends to identify potential fraudulent activities, like first-party fraud risk.

- Develop and maintain fraud detection systems and tools to proactively mitigate risks.

- Investigate suspicious activities and transactions, determining root causes and developing strategies and statistical models to prevent future occurrences.

- Implement and manage fraud detection technologies and tools, ensuring optimal functionality and efficiency.

- Generate reports and presentations outlining fraud risks, incidents, and mitigation strategies for management review.

- Functional teams, including risk management, operations, and compliance, to enhance fraud prevention measures.

- Monitor industry trends, regulatory changes, and best practices to continually enhance fraud prevention strategies.

- Utilize data analytics tools and methodologies to conduct in-depth assessments and

- Stay updated on industry trends, emerging threats, and best practices related to first fraud prevention.

- Work closely with law enforcement and regulatory agencies, when necessary, to address instances of first-party fraud.

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