Fraud Prevention Analyst
7 days ago
Job Summary
The Fraud Prevention Analyst is responsible for monitoring fraud alerts, analyzing suspicious activities, and taking immediate action to prevent financial loss and/or legal exposure. The role engages with both internal units and external parties to act on and mitigate fraud risks and protect the interest of the Bank and its clients.
Operational and Day-to-day Activities- Monitors and analyzes alerts from the Enterprise Fraud Management System (EFMS) and other sources to determine whether these alerts are actual internal or external fraud or false positives.
- Assesses various information regarding the fraud alert, such as transaction history, amount, date, time, behavior, geographic location, velocity/frequency, and risk classification. Coordinates with branches and other business units as needed to confirm transaction legitimacy.
- Handles both inbound and outbound calls with clients to validate suspicious transactions, answer inquiries, and provide support for fraud-related concerns.
- Takes immediate action on validated and confirmed fraud cases, such as placing holds, blocking accounts, or restricting cards. Handles accounts reported as compromised in fraudulent transactions.
- AFASA-Related Tasks: Coordinates with other banks to request holds on accounts and/or funds for confirmed fraud cases under the Anti-Financial Account Scamming Act (AFASA) protocols.
- Inquiries: Handles fraud-related inquiries from internal branches and other units via phone and email.
- Collaboration: Assists in collaborating with other departments (e.g., Information Security, IT, Operations, Operations Risk, Legal, Compliance, HR, etc.) on fraud-related matters, such as sharing fraud trends, mitigating operational risks, ensuring legal and regulatory compliance, conducting internal investigations, and providing critical support.
- Identifies and escalates new internal and external fraud trends to the Unit Head and Department Head. Maintains a log of confirmed fraudulent transactions to help in developing and refining fraud prevention strategies and rules.
- Prepares and submits fraud management information (MI) and other reports for internal and external stakeholders.
- Performs site visits to conduct fraud risk-related assessments/investigations, e.g. surprise branch visits, internal and external investigation, etc.
- Graduate of any related degree or field of study
- 2-5 years of working experience in a similar or related field
- Knowledge in Bank Operations, Risk Management, Fraud Investigations & Monitoring, Data Analytics, System Analysis
- Good communication skills and decision-making skills
-
Team Leader, Fraud Prevention Unit
7 days ago
Taguig, Philippines RCBC Full timeJob Summary The Fraud Prevention Unit Head is responsible for managing a 24/7 team of analysts, providing expert advice and guidance on matters relating to fraud prevention, as well as monitoring and mitigating fraud risks. The Team Leader is a central point of contact for internal and external stakeholders and is crucial in driving the unit's efficiency and...
-
Team Leader, Fraud Prevention Unit
1 week ago
Taguig, National Capital Region, Philippines RCBC Full time ₱2,000,000 - ₱2,500,000 per yearJob Summary:The Fraud Prevention Unit Head is responsible for managing a 24/7 team of analysts, providing expert advice and guidance on matters relating to fraud prevention, as well as monitoring and mitigating fraud risks. The Team Leader is a central point of contact for internal and external stakeholders and is crucial in driving the unit's efficiency and...
-
Fraud Analyst
2 weeks ago
Taguig, Philippines Stark Asia Solutions Inc. Full timeOverview A Fraud Analyst monitors financial transactions and analyzes data to detect and prevent fraudulent activities within a company, typically in sectors like finance, banking, or e-commerce. They use specialized tools and software to identify suspicious patterns, investigate cases of potential fraud, and take preventive actions to mitigate risks. Their...
-
Fraud Analyst
3 days ago
Taguig, National Capital Region, Philippines TASQ Staffing Solutions Full time ₱600,000 - ₱1,200,000 per yearResponsibilities: Monitoring and investigating fraud alerts and customer reports to detect any signs of suspicious activity or behavior that may indicate potential fraud.Analyzing transaction data and patterns to identify potential fraud trends and patterns.Investigating incidents of suspected fraud, including gathering evidence and working with other teams...
-
Fraud Analyst
3 days ago
Taguig, National Capital Region, Philippines TASQ Staffing Solutions Full time ₱800,000 - ₱1,200,000 per yearWork Set-up: 3 days onsite, 2 days work from home/week Responsibilities:Monitoring and investigating fraud alerts and customer reports to detect any signs of suspicious activity or behavior that may indicate potential fraud.Analyzing transaction data and patterns to identify potential fraud trends and patterns.Investigating incidents of suspected fraud,...
-
Fraud Analyst
2 days ago
Taguig, Philippines TASQ Staffing Solutions Full timeResponsibilities: Monitoring and investigating fraud alerts and customer reports to detect any signs of suspicious activity or behavior that may indicate potential fraud.Analyzing transaction data and patterns to identify potential fraud trends and patterns.Investigating incidents of suspected fraud, including gathering evidence and working with other teams...
-
Fraud Analyst
3 days ago
Taguig, Philippines TASQ Staffing Solutions Full timeWork Set-up: 3 days onsite, 2 days work from home/week Responsibilities: Monitoring and investigating fraud alerts and customer reports to detect any signs of suspicious activity or behavior that may indicate potential fraud.Analyzing transaction data and patterns to identify potential fraud trends and patterns.Investigating incidents of suspected fraud,...
-
Fraud Analyst
2 days ago
Taguig, Philippines TASQ Staffing Solutions Full timeWork Set-up: 3 days onsite, 2 days work from home/weekResponsibilities: Monitoring and investigating fraud alerts and customer reports to detect any signs of suspicious activity or behavior that may indicate potential fraud.Analyzing transaction data and patterns to identify potential fraud trends and patterns.Investigating incidents of suspected fraud,...
-
Fraud Risk Analyst
2 weeks ago
Taguig, Philippines Globe Telecom Full timeOverview We are looking for a proactive and detail-oriented Fraud Risk Analyst to join our Fraud Risk & Assurance team at Globe Telecom. The ideal candidate has some background in fraud monitoring, investigations, or analytics; however, we are also open to fresh graduates with strong analytical skills, high integrity, and a passion for learning. You will...
-
Fraud Analyst
2 weeks ago
Taguig, Philippines Stark Asia Solutions Inc. Full timeWe’re Hiring: Fraud Analyst – Financial Account Are you detail-oriented and passionate about protecting financial data? Join a global in-house company where your analytical skills can make a real impact in identifying and preventing fraud. Be part of a high-performing team in a top-tier work environment! Job Responsibilities Investigate and...
