Standard of living is increasing in India and to manage lifestyle, people generally buy costly items on EMIs. Most of the banks and finance companies have made the loan process very easy. Now you can apply for a loan without going to a bank. Such enhancement in technology has also attracted fraudsters also. In this post we talk about fraud analyst job and how to apply for that in Vrize.
What do you know about Vrize?
They provides engineering, machine learning and data analytics services to its clients. They are expert in providing digital customer experience, supply chain management and data insight. All of the services provided by them helps a company to know their performance in efficient way.
What are the job responsibilities of fraud analyst?
- Responsible for evaluating potential fraud alerts within the alert management system.
- Examine transaction histories, scrutinize check images, ACH and wire transfers, and regularly monitor online banking logins to proactively identify.
- Implementing corrective actions falls under the purview of the lead candidate, including measures like blocking credit card access and restricting online banking access
- The lead candidate analyses alerts generated by the fraud system, in addition to reviewing daily, weekly, and monthly reports, aimed at pinpointing suspicious activities.
- Periodically scrutinize transactions to detect emerging fraud trends and remain abreast of new fraud regulations
- Collaborating closely with Fraud Analysts, the lead candidate regularly reviews and monitors existing fraud rules
ELIGIBILITY CRITERIA FOR FRAUD ANALYST JOB
6+ years in US finance, 5+ in fraud analysis, knowledge of banking transactions, regulations (COSO, SOX), and tools like Microsoft Office, SQL, and BI. Candidate must be detail-oriented and flexible in nature. Associates degree preferred, certification from ACFE desired.
How you can apply for fraud analyst job in Vrize
If you meet the criteria, you can directly apply through their social LinkedIn page and their website. Applying with a relevant skill set and experience is highly recommended. Highlight your achievements in the fraud operation process. You can watch this video to know more about fraud analyst job.
How to increase your chances of being selected for a job
Work on your weaknesses to turn them into strengths. This will help maintain your confidence at an optimum level. Make a habit of learning from your mistakes and don’t fear failure. Practice your answers extensively before interviews. Continuously learn in-demand skills to strengthen your profile. Talk to experts of your industry to keep your knowledge up to date.