Company Name: VARITE India Private Limited

About The Client

Client is a financial and risk advisory firm established in 1932 and based in New 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, fraud risk management, or financial crime investigations, ideally within banking, fintech, or consulting/advisory firms.

- Familiarity with digital asset / crypto transactions preferred

Technical Skills

- Proficiency with transaction monitoring systems (Unit 21, Actimize, SAS AML, FIS, Oracle Mantas, or similar).

- Strong Excel and data analysis skills; ability to work with large datasets and spot anomalies.

Knowledge

- Familiarity with fraud typologies.

- Understanding of fraud detection techniques (account takeover, first-party fraud, mule accounts, social engineering schemes).

- Certifications (preferred): CAMS, CFE, CFCS, or similar fraud/AML credential.

Desired Attributes

- Exceptional analytical and critical thinking skills; comfortable working with ambiguity.

- Strong written communication skills — able to document findings clearly for audit/regulatory review.

- Detail-oriented with a high degree of accuracy and accountability.

- Collaborative team player who thrives in a fast-paced, investigative workplace.





- Proactive mindset — able to suggest process improvements and contribute to risk mitigation strategy.

How to Apply: Interested candidates are encouraged to respond/submit their updated resumes, and for additional job opportunities, please visit Jobs In India – VARITE.

Unlock Rewards: Refer Candidates and Earn.

If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE.

Experience Level Bonus Referral:

0-2 years

INR 5,000

2-6 years

INR 7,500

6+ years

INR 10,000

About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.

Equal Opportunity Employer:

VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.

📌 Analyst II (Mumbai)
🏢 VARITE
📍 Mumbai