The Business Analyst – Fraud Risk Management role is pivotal in driving financial and accounting excellence within our organization. With a hybrid work model and day shifts the candidate will leverage their extensive experience to optimize processes and ensure compliance. This position does not require travel allowing for a balanced work-life integration.
Responsibilities
- Gather business and functional specifications and create BRF/FRD/FSDs
- Ensure Business analysis, Impact analysis, Gap analysis and System analysis are done to a high standard on defined projects and continuous improvement initiatives.
- End to end delivery of book of work within the assigned project(s)/work stream(s).
- Assisting development and testing team, assisting business in UAT and act as a single point of contact for all the stakeholders.
- Work with other business analysts on firm wide initiatives and participate in the Front to Back User testing / regression testing. Conducting walkthrough for Dev & QA team
- Assist with production support activities, when necessary, to help identify and resolve escalated production issues
Essential Competencies:
- Experience in fraud risk management domain in banking and finance
- Experience in anti-fraud programs/products/solutions.
- Hands on experience in working with fraud rules/scenarios and data. knowledge about various fraud typologies and ways to mitigate fraud
- Knowledge of Agile and Waterfall methodologies
- Data analysis, data exploration, data mapping experience from Fraud perspective. Data analysis using SQL/MS Excel is a required skill.
- Ability to communicate anti-fraud roadmap and enhancements to key business partners to positively influence behavior.
- Ability to work with investigations, operations, technology, and data and analytics teams to identify opportunities to enhance anti-fraud solutions.
- Knowledge about the new gen technologies that can be used to detect/prevent fraud – knowledge on various use cases.
- Experience of conducting workshops with business, operations, and technology stakeholders.
- Preferably having knowledge of AML/KYC/Sanctions domain (not mandatory)
- Exposure to other BFS areas like payments, capital markets, knowledge of financial instruments etc is an added advantage.
Qualifications and relevant experience
- Relevant experience of 4-12 years
- Preferred Educational Qualification - MBA, BE, B Sc comp science etc.
- Preferred professional certification like CAMS, CAMI, SAFe PO/PM, CSM, CSPO
- SDLC/Agile and IT BA experience is mandatory
- Experience of working in products like Actimize, Mantas, SAS etc is a plus
Behavioral Competencies
- Excellent communication skills and stakeholder management and an ability to take ownership and independently deliver Structured, methodical thinker.
- Strong analytical capability, problem-solving skills
- Candidate must be diligent and proactive
- Good Team player
- Ability and drive to learn quickly and independently
The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.
- Cognizant is a global community with more than 300,000 associates around the world.
- We don’t just dream of a better way – we make it happen.
- We take care of our people, clients, company, communities and climate by doing what’s right.
- We foster an innovative environment where you can build the career path that’s right for you.
About us:
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.com or @cognizant.
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email [email protected] for roles based in the Americas or [email protected] for roles based in India.
Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.