Fraud Investigation Senior Specialist

Job Description

We are seeking a fraud investigation senior specialist to join our team in the fight against fraud. The successful candidate will be responsible for identifying, analyzing, and investigating fraud and related crimes within the organization. This role involves overseeing complex analytical processes, simulating various fraud scenarios, and developing preventive and corrective measures to mitigate financial risks.

Key Responsibilities:

• Review and conduct in-depth analysis of financial records, transaction data, and other relevant information to identify potential fraud patterns or irregularities.
• Execute fraud investigations and reactive fraud risk management in accordance with Fraud Risk Management (FRM) methodology.
• Interview witnesses, suspects, and other individuals involved in fraud cases to gather information and obtain statements.
• Utilize advanced investigative techniques, such as statistical and machine learning models and data analysis to detect fraudulent patterns and derive actionable business insights, to uncover evidence and establish facts.
• Daily checking of Whistleblowing and other channels in order to start investigations based on received reports.
• Trace, extract, and analyze red flags of fraud by retrieving related logs and evidence where fraud performed through computers and systems.
• Use data analytics methods and tools to identify fraudulent patterns in relation to fraud detection and investigation.
• Build, develop, and maintain strong relationships with other departments to ensure timely and effective response to fraud incidents
• Provide training and guidance to employees on fraud awareness and prevention.
• Conducting special projects at the request of the fraud manager responding to emerging fraud risks.

Key Accountabilities:

• Bachelor's or Master's degree in Internal Auditing, Information Technology, or Computer Engineering; an MBA/DBA graduate; or other related fields. 
• Proficient in using investigative tools and software, as well as Microsoft Office Suite (proficiency in MS Office, especially MS Excel).
• Excellent analytical and problem-solving skills, with the ability to think critically and make sound judgments.
• Technical expertise regarding data modeling skills and implementation.
• Strong knowledge of fraud detection techniques, laws, and regulations.
• At least 3 years of experience in fraud investigation.
• Strong attention to detail and the ability to handle sensitive and confidential information.
• Ability to work independently and collaboratively in a fast-paced environment.
• Exceptional written and verbal communication skills and other related soft skills for performing related duties.