About the role
As a Fraud Risk Business Analyst, you will make an impact by helping strengthen fraud prevention, detection, and investigation capabilities through business analysis and process improvement initiatives. You will be a valued member of the Fraud, Risk, and Compliance team, working closely with business stakeholders, compliance partners, and technology teams to deliver effective fraud management solutions that reduce risk and improve operational efficiency.
In this role, you will:
· Partner with Fraud Operations, Risk, and Compliance teams to gather, analyze, and document business requirements, user stories, and acceptance criteria.
· Analyze existing fraud detection and investigation processes, identify gaps, and recommend solutions that improve efficiency and reduce fraud losses.
· Serve as the liaison between business users, compliance stakeholders, and technology teams to ensure alignment on requirements and successful solution delivery.
· Translate complex business needs into clear functional requirements and actionable technical specifications.
· Support Agile delivery teams throughout the project lifecycle, including requirement clarification, testing support, and stakeholder communication.
Work model:
We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role’s business requirements, this is a hybrid position requiring 3 days a week in a client or Cognizant office in Cleveland, OH . Regardless of your working arrangement, we are here to support a healthy work-life balance though our various wellbeing programs.
The working arrangements for this role are accurate as of the date of posting. These may change based on the project you are engaged in, as well as evolving business and client requirements. We will always be transparent about role expectations.
Please note: Some roles may require in‑person interviews at Cognizant offices or client locations based on project needs.
What you need to have to be considered
· Experience in business analysis, requirements gathering, and stakeholder management.
· Strong expertise in process mapping, user story creation, and translating business requirements into technical solutions.
· Experience working with Fraud Operations, Risk, Compliance, or related financial services environments.
· Proficiency in analyzing data using tools such as SQL and Microsoft Excel.
· Experience working within Agile/Scrum delivery environments.
· Experience supporting testing activities, including validating requirements and assisting with user acceptance testing.
This will help you stand out
· Previous experience supporting fraud detection, investigations, or financial crime initiatives.
· Knowledge of fraud prevention frameworks, regulatory compliance, and risk management practices.
· Strong analytical and problem-solving skills with the ability to identify process improvement opportunities.
· Excellent communication and collaboration skills across business and technical teams.
· Experience working with cross-functional stakeholders in large enterprise environments.
Salary and Other Compensation:
The annual salary for this position is between $81,337 to $141,500 depending on experience and other qualifications of the successful candidate.
This position is also eligible for Cognizant’s discretionary annual incentive program, based on performance and subject to the terms of Cognizant’s applicable plans.
Benefits:
Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
· Medical/Dental/Vision/Life Insurance
· Paid holidays plus Paid Time Off
· 401(k) plan and contributions
· Long-term/Short-term Disability
· Paid Parental Leave
· Employee Stock Purchase Plan
Disclaimer:
The salary, other compensation, and benefits 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.
*Please note, this role cannot offer visa transfer or sponsorship now or in the future*
Sobre a Cognizant
Cognizant (NASDAQ: CTSH) é uma construtora de IA e fornecedora de serviços de tecnologia, criando a ponte entre o investimento em IA e o valor para as empresas por meio do desenvolvimento de soluções de IA completas para nossos clientes. Nossa profunda experiência em setores, processos e engenharia nos permite incorporar o contexto único de cada organização em sistemas tecnológicos que potencializam a capacidade humana, geram resultados tangíveis e mantêm empresas globais à frente em um mundo em rápida transformação. Saiba mais em cognizant.ai ou @cognizant.
A Cognizant é uma empregadora que investe em equidade. Sua candidatura não será pautada em raça, cor, gênero, sexualidade, credo, origem, deficiência, gravidez ou qualquer outra característica protegida pelas leis brasileiras.
Informações adicionais de emprego
Os candidatos podem ser obrigados a comparecer a entrevistas presenciais ou por videoconferência. Além disso, os candidatos podem ser obrigados a apresentar seu documento de identificação emitido pelo estado ou governo atual durante cada entrevista.
Embora nosso sistema permita a candidatura em todos os idiomas, o(s) idioma(s) e o(s) nível(is) de proficiência exigidos para o trabalho variam. No entanto, é necessário um nível básico de inglês para fins de comunicação em toda a empresa.
A Cognizant é uma empregadora que investe em equidade. Sua candidatura não será pautada em raça, cor, gênero, sexualidade, credo, origem, deficiência, gravidez ou qualquer outra característica protegida pelas leis brasileiras.
Se você tem uma deficiência que requer adaptações razoáveis para procurar uma vaga de emprego ou enviar uma candidatura, envie um e-mail para [email protected] com sua solicitação e informações de contato.
