Company Name: VARITE India Private Limited
About The Client:
Client is a financial and risk advisory firm established in 1932 and based in Recent York City.
About The Job:
- We are seeking a highly analytical and detail-oriented Fraud Analyst to join our Client Service Operations team.
- This role is critical in identifying, investigating, and preventing fraudulent activities across various banking products and digital platforms.
- The ideal candidate will have a strong understanding of U.S. financial regulations, fraud typologies, and data analysis tools.
- Analyst will perform research and analyze financial information to help company make well informed commercial decisions, conduct research, and monitor financial movements.
Essential Job Functions:
Fraud Detection Alert Analysis & Case Management
- Review fraud alerts generated by surveillance systems to identify patterns, typologies, and emerging fraud schemes across various payment channels (ACH, wire, card, crypto, etc.)
- Conduct detailed analysis of customer profiles, behaviors,
and transactions to assess fraud risk indicators
- Document findings clearly, escalating cases for further investigation when warranted.
- Collaborate with the client’s Fraud Risk and Compliance teams to refine monitoring scenarios and thresholds.
- Recommend process enhancements and control improvements to minimize false positives and strengthen detection capability.
Quality, Collaboration & Reporting
- Ensure all alerts, investigations, and escalations meet quality standards and comply with documentation requirements.
- Partner with investigators, compliance officers, and data analytics teams to enhance investigative outcomes.
- Provide insights on fraud trends and contribute to management reports and dashboards.
Qualifications:
- Education: Bachelor’s degree required (concentration in Finance, Accounting, Criminology, Risk Management, or related field preferred).
Experience:
- 3–5 years of experience in transaction monitoring
📌 Analyst II (Mumbai)
🏢 VARITE
📍 Mumbai