The Fraud Officer is responsible for detecting, preventing, and investigating fraudulent activities within the organization. This role plays a crucial part in protecting the business from financial losses and ensuring compliance with regulatory requirements.
Fraud Detection: Identify and analyze suspicious transactions and activities.
Investigation: Conduct thorough investigations into suspected fraud cases.
Risk Assessment: Assess potential fraud risks and develop mitigation strategies.
Policy Development: Create and implement fraud prevention policies.
Reporting: Prepare detailed reports and present findings to senior management.
Education: Bachelor’s degree in Criminal Justice, Finance, or related field.
Experience: 5+ years of experience in fraud prevention or financial crime investigations.
Certifications: CFE (Certified Fraud Examiner) preferred.
Skills:
Strong investigative and analytical skills.
Proficiency in fraud detection software and data analysis.
Excellent written and verbal communication.
Attention to Detail: Ability to identify irregularities and patterns.
Ethical Integrity: Maintains confidentiality and high ethical standards.
Problem-Solving: Effectively investigates and resolves fraud cases.
Integrity: Upholds honesty and ethical behavior in all activities.
Critical Thinking: Analyzes data to make sound judgments.
Vigilance: Proactive in monitoring potential risks.