Fraud Analyst

About the role

As a Fraud Analyst at Bamboohr, you will play a crucial role in safeguarding the integrity of our operations by identifying and mitigating fraudulent activities. Your analytical skills will be put to the test as you investigate suspicious transactions and collaborate with various teams to enhance our fraud detection systems. This position offers an exciting opportunity to work in a dynamic environment, where your insights will directly contribute to the overall security and success of our organization.

Key facts

What you'll do

• Analyze transaction data to identify patterns indicative of fraudulent behavior, employing statistical techniques and data mining tools.
• Investigate flagged transactions and conduct thorough reviews to determine the legitimacy of activities, ensuring swift resolution of potential fraud cases.
• Collaborate with cross-functional teams, including IT and compliance, to enhance fraud detection mechanisms and improve overall security protocols.
• Develop and maintain comprehensive reports on fraud trends, providing actionable insights to management for strategic decision-making.
• Monitor and evaluate the effectiveness of existing fraud prevention strategies, recommending improvements based on data-driven findings.
• Stay updated on industry trends and emerging fraud tactics to proactively adjust detection methods and stay ahead of potential threats.
• Participate in training sessions to educate staff on fraud awareness and prevention techniques, fostering a culture of vigilance within the organization.
• Utilize advanced analytical tools and software to streamline the fraud detection process, ensuring efficiency and accuracy in investigations.
• Assist in the development of automated fraud detection systems, leveraging machine learning algorithms to enhance predictive capabilities.
• Prepare and present findings to stakeholders, articulating complex data in a clear and concise manner to facilitate understanding and action.
• Engage with external partners and law enforcement agencies when necessary, ensuring compliance with legal requirements and best practices in fraud investigation.
• Contribute to the continuous improvement of fraud-related policies and procedures, ensuring alignment with regulatory standards and organizational goals.

Requirements

• Bachelor's degree in Finance, Business Administration, Criminal Justice, or a related field.
• A minimum of 2 years of experience in fraud analysis, risk management, or a related area within the financial services or technology sectors.
• Strong analytical skills with proficiency in data analysis tools such as SQL, Excel, or similar software.
• Familiarity with fraud detection methodologies and best practices, including knowledge of anti-money laundering (AML) regulations.
• Excellent problem-solving abilities, with a keen eye for detail and the capacity to identify anomalies in large datasets.
• Strong communication skills, both written and verbal, with the ability to convey complex information to diverse audiences.
• Ability to work independently and collaboratively in a fast-paced environment, managing multiple priorities effectively.

Nice to have

• Experience with machine learning techniques and predictive analytics in fraud detection.
• Knowledge of programming languages such as Python or R for data analysis and automation tasks.
• Certification in fraud examination (CFE) or a related credential is a plus.
• Previous experience in the gaming or online betting industry, providing insights into specific fraud risks in this domain.
• Familiarity with regulatory compliance frameworks relevant to financial transactions and fraud prevention.

Skills & tools

• Proficient in data analysis and visualization tools, including Tableau or Power BI.
• Strong understanding of database management and querying languages, particularly SQL.
• Familiarity with fraud detection software and tools commonly used in the industry.
• Excellent organizational skills with the ability to manage time effectively and prioritize tasks.
• Strong interpersonal skills to collaborate effectively with team members and stakeholders across the organization.

Practical notes

This position is based in Yerevan, Armenia, and is a full-time role. The company is committed to fostering a diverse and inclusive workplace, encouraging applications from individuals of all backgrounds. The successful candidate will receive support for work visa applications if required. Interested applicants are encouraged to apply through the provided link, where they can submit their resume and cover letter detailing their relevant experience and motivation for the role.

META

Company: Bamboohr

Title: Fraud Analyst

Listed

location: Yerevan, Yerevan

Job type: Full-time

Apply URL: https://digitainsoftware.bamboohr.com/careers/38

Tags: Analyst