Fraud Prevention Analyst
Marcura
full-time
Posted on:
Location Type: Hybrid
Location: Taguig • 🇵🇭 Philippines
Visit company websiteJob Level
JuniorMid-Level
Tech Stack
SQL
About the role
- Continuously monitor transactions and activities across various platforms to detect suspicious patterns.
- Conduct thorough investigations of alerts generated by transaction monitoring systems, performing detailed data analysis to confirm or refute fraud indicators.
- Utilize advanced fraud detection tools and manual review processes to ensure the security of card and money transfer transactions.
- Collaborate with team members to share insights and identify emerging fraud trends impacting the business.
- Use data analytics to identify emerging fraud patterns and trends.
- Provide regular reports and insights to senior management to inform decision-making and improve fraud prevention measures.
- Assist in the development and enhancement of fraud prevention policies, procedures, and frameworks to align with the latest industry best practices.
- Conduct regular risk assessments to identify vulnerable areas within operational processes.
- Develop performance metrics to measure the effectiveness of fraud prevention initiatives and make necessary adjustments.
- Prepare detailed reports on fraud incidents, investigations, and trends to inform management and stakeholders.
- Document findings and recommendations clearly and effectively to support ongoing improvements in fraud prevention measures.
- Work closely with the Compliance and Operations teams to ensure a unified approach to fraud prevention.
- Provide training and support to staff on fraud prevention best practices and compliance requirements.
- Liaise with external partners and industry bodies to stay informed on emerging threats and effective prevention methods.
- Continuously evaluate and improve fraud detection systems.
- Stay abreast of legislative changes, fraud trends, and advancements in detection technology to enhance prevention efforts.
Requirements
- 2+ years of experience in fraud prevention or risk management, preferably in the financial services sector or law enforcement with a focus on fraud, AML, or card fraud.
- Strong analytical skills, including experience analyzing complex data sets using statistical methods.
- Proficient in SQL and Excel to analyze transaction data and generate reports.
- Understanding of fraud detection technologies and methodologies.
- Experience with machine learning concepts and their application in fraud prevention is a plus.
- Excellent communication skills to convey complex findings to diverse audiences clearly.
- Detail-oriented with a keen ability to identify anomalies and unusual patterns.
- Team player with strong collaboration skills and the ability to thrive in a cross-functional environment.
- Knowledge of Visa and Mastercard rules, regulatory requirements such as AML/BSA, OFAC, and Federal/State Regulations. Knowledge of GDPR is a plus.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
data analysisSQLExcelfraud detection technologiesmachine learningstatistical methodsrisk assessmentperformance metricstransaction monitoringfraud prevention policies
Soft skills
analytical skillscommunication skillsdetail-orientedcollaboration skillsteam playerreport writingtraining and supportproblem-solvinginsight sharingadaptability