What are the responsibilities and job description for the Fraud Analytics (Debit & Credit Card) position at Galent?
Must have 4 to 8 years of Experience.
Location: Jersey City-NJ / Merrimack-NH / Westlake-TX
Roles and Responsibilities:
- Develop, implement and monitor fraud detection rules for Debit and Credit Cards for US market
- Investigate suspicious activities and transactions, determine root causes and develop strategies and statistical models to prevent future occurrences.
- Develop fraud reports for ongoing monitoring of fraud events.
- Generate reports and presentations outlining fraud risks, incidents, and mitigation strategies for management review
- Collaborate with cross-functional teams, including risk management, operations, and compliance, to enhance fraud prevention measures.
- Monitor industry trends, regulatory changes, and best practices to continually enhance fraud prevention strategies
Skills Required:
- Bachelor's degree in engineering, technology, computer science or related field. 5 years of proven data analytics experience in fraud management for Debit and Credit cards in US market
- Experience in designing strategies for fraud management in areas of Account takeover (ATO), card enumeration attacks, stolen card credentials, etc.
- Familiarity with fraud rule engines such as AdvanceDefense/DefenseEdge, 3D Secure system, 2-Way Connect, Provision , and FeatureSpace
- Familiarity with industry fraud models like Falcon and VAA
- Excellent communication and presentation skills with the ability to convey complex information clearly and concisely.
- Detail-oriented with a proactive mindset toward problem-solving and risk mitigation.
- Ability to work collaboratively in a cross-functional team environment