Fraud Risk Business Analyst - Kuala Lumpur, Malaysia - G2G

G2G

Verified Company

Kuala Lumpur, Malaysia

1 week ago

Posted by:

Siti Tan

beBee Recruiter

Description

Job Scope

Responsibilities

Fraud Risk Assessment: Conduct comprehensive assessments of fraud risks across various business units, products, and processes. Identify vulnerabilities, analyze patterns, and evaluate potential impacts on the organization's financial health.
Fraud Detection and Monitoring: Utilize advanced data analysis techniques and fraud detection tools to identify suspicious activities, anomalies, and emerging fraud trends. Regularly monitor transactional data, system logs, and other relevant sources to detect potential fraudulent behavior.
Investigative Analysis: Conduct indepth investigations into suspected fraudulent activities. Collaborate with internal stakeholders, such as legal, compliance, and operations teams, to gather evidence, conduct interviews, and build a strong case for fraud prosecution.
Reporting and Documentation: Prepare and present comprehensive reports detailing fraud incidents, trends, and mitigation strategies to senior management. Maintain accurate records of fraud cases, investigation findings, and recommended preventive measures.
Risk Mitigation Strategies: Develop and implement effective fraud prevention and risk mitigation strategies. Collaborate with crossfunctional teams to enhance existing fraud detection systems, controls, and processes. Recommend improvements to policies, procedures, and internal controls to minimize fraud risks.
Collaboration and

Stakeholder Management:
Work closely with internal stakeholders, such as operations, IT, and legal teams, to identify and address fraud-related issues. Collaborate with external partners, law enforcement agencies, and industry experts to share information and leverage resources for fraud prevention.

Requirements:

Diploma / Bachelor's degree in finance, accounting, business administration, or a related field. Advanced certifications such as Certified Fraud Examiner (CFE) are preferred.
Proven 23 years experience as a fraud risk analyst or in a similar role, with a strong focus on fraud detection, investigation, and mitigation strategies.
Proficient in using fraud detection tools, data analysis software, and statistical modeling techniques.
Excellent analytical and problemsolving skills, with the ability to interpret complex data sets and identify patterns or anomalies.
Strong knowledge of risk management principles and practices, as well as regulatory requirements related to fraud prevention.
Exceptional attention to detail and accuracy, with the ability to handle multiple tasks and prioritize effectively in a fastpaced environment.
Ethical mindset, integrity, and the ability to handle sensitive information with confidentiality and professionalism.