Job: Analyst - Fraud Analysis

Job Title: Analyst - Fraud Analysis
Contract Type: Contract
Location: Welwyn Garden City
Salary: £100 - £200 per day
Start Date: Immediate
REF: FraudAnalystMC3153
Contact Name: Michael Cormell
Job Published: about 1 year ago

Job Description

Data Analyst, Fraud Analysis, Financial Services, Fraud, Welwyn Garden City, Administration

I have an exciting opportunity for a Analyst to join a multinational financial services client of ours on a 12 month contract based in Welwyn Garden City.

Length: 12 Months

Job Description: Please note that these duties and responsibilities are a guideline and by no means comprehensive. Additional tasks may be added on from time to time at the discretion of your Manager/ Director.

Fraud Analysis/Investigations
  • Complete Pro-active fraud investigations and analysis on a regular basis and communicate findings to the relevant parties.
  • Review reports of suspected fraud to determine need for further investigation.
  • Utilize all the tools/reports/data available to handle fraud analysis, and investigations and audits effectively.
  • Analyse data/reports to detect irregularities in areas such as billing trends, financial relationships, regulatory compliance procedures, accordance to industry standards, and business rules.
  • Conduct in-depth investigations of suspicious financial activity, such as suspected money-laundering efforts.
  • Maintain knowledge of current events and trends in such areas as money laundering and criminal tools and techniques, as well as cross sector fraud.
  • Observing, receiving, and otherwise obtaining information from all relevant sources.
  • Analysing information and evaluating results to choose the best solution and solve problems.
  • Handle all investigations effectively and accurately.
  • Develop action plans to address fraud issues
  • Duties should be completed accurately and resolved in a timely manner.
Query Resolution
  • Ensure that I maintain the flow of work by communicating effectively with other team members and or other parties, in both written and verbal formats.
  • Respond to internal queries professionally, ensuring all needs and concerns are addressed.
  • Duties should be completed accurately and resolved in a timely manner.
Reporting & Communication
  • Ensure that fraud profiling is documented and reported on according to the laid down procedure and results to be reported to all relevant parties
  • Provide Weekly, Monthly Reports to all relevant parties to assist in the identification of fraud transactions.
  • Ensure that all reporting is accurate and of high quality. All reports must comply with the required layout and contain all information required in the particular report.
  • Present monthly workshops highlighting areas of concerns/fraudulent trends, and solutions to address these.
  • Document and report all investigative activities
  • Develop and maintain control check procedures
  • Identify and spec reporting requirements in order to increase effectiveness and efficiency of fraud identification
  • Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills.
Experience / Knowledge Required
  • Experience and or diploma related to Financial/ Banking processes and/or gaming industry advantageous.
  • Previous risk/fraud investigative and/or analysis experience required.
  • Customer Service exposure preferable.
Technical Skills
  •  MS Office skills, excellent excel skills required. Internet and email proficient.
  •  High proficiency in MS Excel
  •  SQL knowledge advantageous
Please apply with your up to date CV ASAP to be considered.