A Fraud Analyst monitors financial transactions and analyzes data to detect and prevent fraudulent activities within a company, typically in sectors like finance, banking, or e-commerce.
They use specialized tools and software to identify suspicious patterns, investigate cases of potential fraud, and take preventive actions to mitigate risks. Their role also involves maintaining updated knowledge of fraud tactics, collaborating with other departments to address vulnerabilities, preparing reports on fraudulent activity, and assisting in the development of policies to improve security and reduce...