[Remote] Fraud Strategy Analyst (Intermediate)
Note: The job is a remote job and is open to candidates in USA. SoTalent is a leading financial services organization seeking a Fraud Strategy Analyst to support its Financial Crimes and Risk Analytics function. The role focuses on designing, developing, and optimizing fraud prevention strategies across debit card and digital payment transactions, leveraging advanced data analytics and fraud detection techniques.
Responsibilities
- Develop and implement fraud detection and prevention strategies aligned with business objectives
- Analyse large-scale transaction data to identify fraud trends, anomalies, and emerging risks
- Design, test, and optimise fraud rules and detection models to improve loss mitigation
- Apply statistical and machine learning techniques including clustering, anomaly detection, and predictive modelling
- Use data tools such as SQL, SAS, Python, Power BI, or Tableau to extract insights and support decision-making
- Translate analytical findings into actionable fraud mitigation strategies and business recommendations
- Monitor fraud performance metrics and continuously refine detection strategies
- Collaborate with cross-functional teams including risk, compliance, and product stakeholders
- Ensure adherence to regulatory frameworks including relevant banking and payments regulations (e.g., Reg E, Reg Z, UDAAP, FACTA, Reg CC)
- Support continuous improvement of fraud systems, tools, and analytical processes
Skills
- Bachelor's degree or equivalent experience
- Minimum 2 years' experience in financial crimes, fraud analytics, or risk strategy
- Experience in debit card fraud, payments fraud, e-commerce fraud, or wallet provisioning
- Strong knowledge of fraud rules engines (e.g., Falcon, VRM, SAS Raptor, or similar systems)
- Proficiency in SQL, SAS, Python, or similar data analysis tools
- Experience with data visualisation tools such as Power BI or Tableau
- Strong analytical and problem-solving skills with attention to detail
- Understanding of banking/payment systems and regulatory frameworks
- Excellent communication skills and ability to present insights to stakeholders
- Experience in card fraud strategy or fraud operations within financial institutions
- Exposure to machine learning or advanced analytics in fraud detection
- Familiarity with real-time transaction monitoring systems
- Background in financial services, fintech, or regulated banking environments
Benefits
- Competitive salary range with performance-based incentives
- Comprehensive benefits package including healthcare, retirement plans, and wellness programs
- Professional development and career progression opportunities
Company Overview