Fraud Analyst

Welcome to Barclays! We are currently seeking a detail-oriented and analytical Fraud Analyst to join our team. As a Fraud Analyst, you will be responsible for identifying and preventing fraudulent activities to protect our customers and the bank. This role requires a strong sense of integrity, excellent problem-solving skills, and the ability to work effectively under pressure. If you are passionate about fighting fraud and have the necessary qualifications, we would love to hear from you!

1. Conduct Fraud Investigations: The Fraud Analyst will be responsible for conducting thorough investigations into potential fraudulent activities, using various tools and techniques to gather evidence and analyze data.
2. Identify Potential Fraud: The main responsibility of the Fraud Analyst will be to identify potential fraudulent activities by monitoring customer accounts, transactions, and patterns.
3. Analyze Data and Trends: In order to effectively prevent and detect fraud, the Fraud Analyst will need to analyze data and trends to identify patterns and anomalies that may indicate fraudulent activity.
4. Communicate Findings: The Fraud Analyst will be responsible for communicating any suspected or confirmed fraudulent activities to relevant parties, such as management, law enforcement, and affected customers.
5. Develop and Implement Strategies: The Fraud Analyst will be expected to develop and implement strategies to prevent and detect fraud, working closely with other team members and departments to ensure the security of customer accounts and the bank's assets.
6. Stay Updated on Industry Trends: It is the responsibility of the Fraud Analyst to stay updated on current fraud trends, emerging threats, and industry best practices in order to continuously improve fraud prevention and detection methods.
7. Maintain Documentation: The Fraud Analyst will be responsible for maintaining accurate and detailed documentation of all fraud cases, investigations, and outcomes.
8. Provide Training and Support: The Fraud Analyst may be required to provide training and support to other team members or departments on fraud prevention and detection techniques.
9. Adhere to Regulations and Policies: The Fraud Analyst must adhere to all relevant regulations and policies, including data privacy laws, in carrying out their responsibilities.
10. Collaborate with Other Departments: The Fraud Analyst will collaborate with other departments, such as Risk Management and Customer Service, to share information and coordinate efforts in preventing fraud.

According to JobzMall, the average salary range for a Fraud Analyst in Delhi, India is between ₹300,000 to ₹600,000 per year. However, this can vary depending on the specific company, industry, and level of experience of the individual. Some companies may offer higher salaries for more experienced and skilled Fraud Analysts. Additionally, certain industries, such as finance and banking, may have higher salary ranges for Fraud Analysts due to the sensitive nature of their work and the potential for significant financial losses from fraud.

Barclays plc is a British multinational investment bank and financial services company, headquartered in London. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management.