Posted Position Title Fraud Risk Analyst

 Job Number     1922443
Business     GE Capital
Business Segment     Capital - International
Career Level     Entry-Level
Function     Risk Management
Function Segment     Risk Analytics
Location(s) Where Opening Is Available     Australia
City     Richmond
Postal Code     3121
Relocation Expenses     No

Role Summary/Purpose  

The role the Fraud Risk Analyst will share responsibility for the performance and monitoring of key fraud detection systems and processes. The position will focus on observing fraud trends and implementing changes in fraud systems in order to mitigate losses to the GE Capital Australia business whilst maintaining acceptable business limits. There will also be a focus placed on developing improved methods to profile customers and fraudsters with the goal of reducing genuine customer impact.

Essential Responsibilities
 

• Develop analytical skills & strategic expertise in the area of fraud prevention.
• Drive and facilitate the continued optimisation of Fraud Prevention Systems by way of; rule reviews, trend analysis, customer & fraudster Profiling.
• Provide targeted commentary of Fraud Loss and Prevention results both internally and externally.
• Monitor and communicate volume and quality metrics for operational fraud teams ensuring that the business is aware of changes to headcount requirement and/or loss appetite.
• Interpret data outputs of confirmed Fraud Incidents and translate these into prevention strategies.
• Assist in the forecasting of fraud exposure and losses.
• Assist in the implementation and analysis of new Fraud Prevention products as they become available.
• Drive the communication of new/improved system and process strategies to wider fraud department.

Qualifications/Requirements  

•Educated to degree level in Mathematics, Statistics or a related analytical field.
•Experience or exposure with SAS, SQL or equivalent coding programs will be highly regarded but not essential to the role.
•Proficiency in Microsoft Office (Excel, PowerPoint essential)
•Strong communication skills, both written and verbal, with strong capabilities to articulate complex technical information.
•Ability to work in very dynamic environment where priorities can change frequently.
•Ability to maintain high standards of accuracy and work under pressure to achieve deadlines.

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