Fraud Prevention Specialist

Summary

We are seeking a detail-oriented and analytical Fraud Prevention Specialist to join our team and play a vital role in safeguarding our organization from fraudulent activity. In this role, you will be responsible for monitoring transactions, investigating suspicious activity, and implementing strategies to mitigate fraud risk. You will collaborate with various departments to ensure the security of our financial systems and protect our customers from scams.

Responsibilities

• Analyze transaction data and customer accounts to identify potential fraudulent activity using various fraud detection tools and techniques.
• Investigate flagged transactions, gather evidence, and determine the legitimacy of suspicious activity.
• Work collaboratively with internal teams (Security, Risk Management, Customer Service) to resolve fraud cases and implement appropriate actions.
• Contribute to the development and implementation of fraud prevention strategies and procedures.
• Maintain a deep understanding of evolving fraud trends and adapt strategies accordingly.
• Stay updated on relevant laws and regulations regarding fraud prevention and anti-money laundering (AML).
• Educate and train internal teams on fraud awareness and best practices.
• Prepare reports and documentation on identified fraud attempts and implemented actions.

Qualifications

• Minimum of [2+] years of experience in fraud prevention, risk management, or a similar investigative role.
• Strong analytical and problem-solving skills with the ability to identify patterns and investigate suspicious activity.
• Excellent attention to detail and accuracy.
• Proficient in Microsoft Office Suite and data analysis tools.
• Experience with fraud investigation and case management software a plus.
• Understanding of financial transactions and basic accounting principles.
• Excellent written and verbal communication skills with the ability to document findings and present complex information clearly.

Preferred Qualifications

• Experience with know-your-customer (KYC) and anti-money laundering (AML) regulations.
• Familiarity with fraud prevention tools and technologies.
• Experience working in a fast-paced environment with competing priorities.

Benefits

• Competitive salary and benefits package.
• Opportunities for professional development and growth.
• Dynamic and collaborative work environment.