Description :

Fraud Analytics :

- Develop Fraud Detection Models: Design and deploy predictive analytics models and machine learning algorithms to identify suspicious activities and patterns.

- Enhance Systems: Continuously optimize fraud monitoring systems to improve detection accuracy and reduce false positives.

- Data-Driven Insights: Analyze internal and external data sources to identify vulnerabilities and recommend proactive measures.

- Performance Metrics: Define and track key performance indicators (KPIs) to measure the effectiveness of fraud detection strategies.

Market Intelligence :

- Industry Monitoring: Stay updated on emerging fraud tactics, industry benchmarks, and regulatory changes.

- Competitor Analysis: Analyze competitors risk management strategies to identify opportunities for improvement.

- Market Trends: Provide actionable insights from market intelligence to inform strategic decision-making.

Team Leadership :

- Build and Lead: Recruit, develop, and mentor a high-performing team of data analysts, data scientists, and market intelligence specialists.

- Stakeholder Collaboration: Work closely with risk management, compliance, IT, and other departments to ensure alignment and effective communication.

- Training: Educate staff and leadership on emerging fraud trends and best practices.

Strategic Planning :

- Policy Development: Establish and enforce fraud prevention policies, procedures, and standards.

- Technology Partnerships: Evaluate and recommend advanced fraud detection technologies and vendors.

- Reporting: Present findings and strategic recommendations to senior leadership and the board.