First Data-Fiserv

Fraud Strategy Analyst - Money Network

First Data-Fiserv
Berkeley Heights, NJ, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a highly analytical and strategic thinker with a passion for combatting financial fraud? Do you thrive in a fast-paced environment and have a strong understanding of the banking and payments industry? If so, we have an exciting opportunity for you as a Fraud Strategy Analyst on our Money Network team at First Data. This role will allow you to utilize your expertise to develop and implement fraud prevention strategies, while working alongside a dynamic and collaborative team. Join us and make a difference in protecting our clients and consumers from fraudulent activities.

  1. Develop and implement fraud prevention strategies to protect clients and consumers from fraudulent activities.
  2. Utilize analytical skills to identify patterns and trends in fraudulent behavior.
  3. Conduct in-depth analysis of data and make recommendations for fraud prevention measures.
  4. Collaborate with cross-functional teams to understand and mitigate potential fraud risks.
  5. Monitor and track fraud trends and continuously update fraud prevention strategies accordingly.
  6. Stay updated on industry trends and best practices in fraud prevention to ensure the effectiveness of strategies.
  7. Identify and investigate suspicious activities and take appropriate actions to prevent and mitigate potential losses.
  8. Conduct regular audits and assessments to identify potential vulnerabilities and implement necessary measures to strengthen fraud prevention.
  9. Train and educate team members and clients on fraud prevention measures and procedures.
  10. Act as a subject matter expert on fraud prevention and provide guidance to other team members as needed.
  11. Communicate and report on fraud prevention efforts and results to management and stakeholders.
  12. Proactively identify and recommend improvements to fraud prevention processes and systems.
  13. Stay updated on new fraud schemes and techniques and take necessary actions to prevent and mitigate potential risks.
  14. Participate in fraud prevention projects and initiatives as assigned by management.
  15. Adhere to all regulatory requirements and compliance standards related to fraud prevention.
Where is this job?
This job is located at Berkeley Heights, NJ, USA
Job Qualifications

  • Strong Analytical Skills: A Fraud Strategy Analyst At First Data Should Possess Excellent Analytical Skills To Identify Trends, Patterns, And Anomalies In Financial Data. They Should Also Be Able To Use Data To Develop Effective Strategies To Prevent And Detect Fraud.

  • Knowledge Of Fraud Detection And Prevention Techniques: The Ideal Candidate Should Have An In-Depth Understanding Of Various Fraud Detection And Prevention Methods, Including Transaction Monitoring, Identity Verification, And Risk Scoring. They Should Also Stay Up-To-Date With Emerging Fraud Trends And Technologies.

  • Experience In Data Analysis And Modeling: A Fraud Strategy Analyst Should Have Experience In Data Analysis And Modeling, Using Tools Such As Sql, Sas, Or R. They Should Be Able To Query Large Datasets, Perform Statistical Analysis, And Build Predictive Models To Identify Potential Fraud.

  • Communication And Teamwork Skills: As A Key Member Of The Fraud Prevention Team, A Fraud Strategy Analyst Should Have Excellent Communication Skills To Collaborate With Other Team Members And Stakeholders. They Should Also Be Able To Present Complex Data And Strategies In A Clear And Concise Manner.

  • Industry Knowledge: First Data Operates In A Highly Regulated Industry, And A Fraud Strategy Analyst Should Have A Thorough Understanding Of Relevant Regulations And Compliance Requirements. They Should Also Be Familiar With The Latest Fraud Trends And Best Practices Within The Financial Services Industry.

Required Skills

  • Financial Analysis

  • Data Analysis

  • Risk assessment

  • Investigative skills

  • Fraud prevention

  • Fraud

  • Fraud detection

  • Fraud strategies

  • Payment Systems

  • Fraud Mitigation

  • Fraud Trends

  • Fraud Monitoring

Soft Skills

  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Fraud Strategy Analyst - Money Network in Berkeley Heights, NJ, USA is $70,000 - $90,000 per year. This may vary depending on the specific company, industry, and level of experience of the individual.

Additional Information
First Data-Fiserv is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMarch 15th, 2024
Apply BeforeJune 21st, 2025
This job posting is from a verified source. 
Reposted
See an issue with this job? Report it to us

Apply with Video Cover Letter Add a warm greeting to your application and stand out!

Upload
About First Data-Fiserv

First Data is the #1 merchant services acquirer providing payment processing solutions for small/large businesses and financial institutions. Now Fiserv!

Frequently asked questions
More Jobs From First Data-Fiserv

View All First Data-Fiserv jobs

Get interviewed today!

JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.

Get Started