Fraud Risk Analyst

Job Description:
Our client is seeking a highly skilled Fraud Risk Analyst to join their team. This fully remote position offers a unique opportunity to evaluate and enhance fraud detection models within the financial services industry. The ideal candidate will be instrumental in analyzing current models, identifying inefficiencies, and proposing strategic improvements. This role is critical in helping the organization streamline operations and maintain financial integrity. The project is set to commence immediately with an urgency to gather actionable insights by the end of June to influence mid-year budget evaluations.

Responsibilities:

• Thoroughly review existing fraud detection models to understand and document current functionalities and output.
• Analyze data points generated by the models to identify patterns and anomalies that could indicate potential areas for model enhancement.
• Collaborate with the Business Systems Analysis (BSA) team to align fraud detection strategies and ensure compliance with regulatory standards.
• Propose and, upon approval, implement modifications to existing models to increase efficiency, reduce false positives, and optimize operational response to fraud alerts.
• Work closely with the finance team to assess the impact of model adjustments on the department s budget and forecast potential financial implications.
• Prepare detailed reports and presentations for senior management, providing clear and actionable insights into model performance, and suggested improvements.
• Stay abreast of the latest industry trends and technologies in fraud detection to ensure the organization remains at the forefront of security measures.

Qualifications:

• Proven experience as a Fraud Risk Analyst or similar role within the financial services industry.
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
• Demonstrated experience with data analysis tools and fraud detection technologies.
• Excellent problem-solving skills and the ability to think critically and independently.
• Effective communication skills, capable of presenting complex data in an understandable format.
• Ability to work collaboratively in a team environment and manage multiple priorities under tight deadlines.
• Knowledge of regulatory requirements related to fraud and risk management.
• Strong ethical judgment and the ability to handle sensitive information confidentially.

GDH provides equal employment opportunities (EEO) to all employees and applicants for
employment without regard to race, color, religion, sex, national origin, age, disability, genetic
information, veteran's status or any other category protected by law. In addition to federal law
requirements, GDH Consulting, Inc. complies with applicable state and local laws governing
nondiscrimination in employment in every location in which the company has facilities and/or
employees. This policy applies to all terms and conditions of employment, including recruiting,
hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence,
compensation, benefits and training. Applicants with disabilities that require an accommodation
or assistance in applying and/or for interviewing, please contact our HR Department.

Please visit GDH's website for notice of collection for California applicants.