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Advanced Fraud Detection Specialist

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Udaipur, Rajasthan, India beBeeFraudRiskAnalyst Full time ₹ 12,00,000 - ₹ 15,00,000
Job Overview
We are seeking a skilled Fraud Risk Analyst to contribute as a fraud Subject Matter Expert (SME) and support data, machine learning models, and artificial intelligence technology. The ideal candidate will maintain the effectiveness of investigation tools and technologies, data processes, and reporting that delivers robust and timely data insights to fraud policy, fraud analytics, fraud digital, and risk mitigation.

Key Responsibilities:
• Hands-on experience in analytics and data science
• Model development and exposure to fraud detection
• Good understanding of language models and other new techniques
• Data deep dive, insight generation, dashboard reporting, and presentation skills
• End-to-end project delivery and stakeholder management

Principal Accountabilities:
• Data analytics and business insights
• Identify valuable data sources and automate collection processes
• Analyze large amounts of information to discover trends and patterns
• Combine models through ensemble modeling
• Presentation using data visualization techniques
• Propose solutions and strategies to business challenges
• Collaborate with engineering and product development teams
• Create and enforce policies for effective data management
• Assist with reports and data extraction when needed
• Formulate techniques for quality data collection to ensure adequacy, accuracy, and legitimacy of data
• Identify and troubleshoot data-related problems and work on modifications to rectify them

System Validations:
• Monitoring fraud trends, investigating emerging threats, and quickly developing and deploying new strategies to manage those threats
• Building predictive models and machine-learning algorithms
• Analyzing structural requirements for new software and applications
• Optimizing new and current database systems
• Monitoring and analyzing information and data systems (indicator management, loss ratio pattern) and evaluating their performance to discover ways of enhancing them
• Reviewing existing control environments and assessing effectiveness against known fraud schemes
• Providing insight as a subject matter expert (SME) on process and control fraud leakages
• Developing complex technical rules/scenarios to maximize the effectiveness of fraud detection and prevention programs
• Researching/surveying activity regarding fraud and risk
• Analytics related to claims/dashboard reporting/presentation department/content writing/framework preparation
• Presenting information using data visualization techniques
• Managing and optimizing processes for data intake, validation, mining, and engineering as well as modeling, visualization, and communication deliverables

People Management:
• Working collaboratively with a diverse team of operational agents, fraud risk managers, data analysts/scientists, business insight analysts, and subject matter experts
• Supporting team members to locate and define new process improvement opportunities
• Building, developing, and maintaining data models, reporting systems, data automation systems, dashboards, and performance metrics support that supports key decisions

As a Fraud Risk Analyst, you will oversee the design and delivery of reports and insights that analyze business functions and key operations and performance metrics.