Fraud Rules Analyst 1
About The Position
SHAZAM is looking for a Fraud Rules Analyst to join our team. In this position, you’ll play a critical role in preventing fraudulent activities by developing, implementing, and maintaining fraud detection rules and strategies. This position involves analyzing transaction data and patterns to identify potential fraud risks and collaborating with cross-functional teams to enhance fraud prevention measures. The analyst will continuously monitor fraud trends and adjust rules to improve detection accuracy while minimizing false positives.
Requirements
- Experience in rules authoring, development, and evaluation processes in decision management fraud detection platforms.
- Strong technical and analytical background, and attention to detail.
- Excellent communication skills and relationship building to effectively work with all levels within the organization and outside resources.
- Demonstrated organizational skills.
Nice To Haves
- Experience with SQL or Blaze rule authoring languages a plus.
Responsibilities
- Collaborate with fraud investigation teams and other stakeholders to support the overall fraud strategy, specifically in the areas of data analysis and interpretation, authorization risk analysis, consumer identity management, and authorization decisioning.
- Develop, test, and implement fraud detection rules and scenarios based on data analysis and emerging fraud trends.
- Monitor transaction data and alerts to identify suspicious activities and recommend appropriate actions.
- Handle complex inquiries through support channels to fraud and transaction risk related items.
- Analyze the effectiveness of existing fraud rules and make data-driven adjustments to improve detection rates.
- Support the organization’s fraud management program, including reporting and analysis of available fraud prevention, detection, and response tools.
- Directly support financial institutions with questions on fraud management programs, tools, and cases of fraud.
- Serve as a subject matter expert for the fraud management tools for the organization.
Benefits
- Health, dental, and vision insurance
- 401(k) retirement plan with company match
- Flexible spending and health savings accounts
- Life insurance and short- and long-term disability provided at no cost
- Time away from work – PTO, VTO, paid parental leave, and company holidays
- Educational assistance
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
501-1,000 employees
