Job Information
Cognizant Business Analyst – Fraud Risk Management in Chennai, India
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
Cognizant is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.