Process Analyst Risk and Compliance

Role overview

Process Analyst Risk and Compliance at IBM

Responsibilities

• You'll work with visionaries across multiple industries to improve the hybrid cloud and AI journey for the most innovative and valuable companies in the world.
• Review accounts for potential misrepresentation, recognizing occurrences of 1st party fraud, kiting fraud, and/or money mule scenarios.
• Coordinate and assist on proposed decisions and action to be taken as a result of any fraud investigation.
• Monitor high-volume transaction alerts for suspicious patterns like unusual velocities or geographic anomalies Document findings in SARs or client reports, escalate high-risk cases, and optimize detection rules to minimize false positives while adhering to BSA/AML and OFAC regulations.

Employment details

• Location: CHENNAI [India]

About the employer

• A career in IBM Consulting embraces long-term relationships and close collaboration with clients across the globe.
• Your ability to accelerate impact and make meaningful changes for your clients is enabled by our strategic partner ecosystem and our robust technology platforms across the IBM portfolio, including IBM Software and Red Hat.
• Bachelor's degree in finance, criminal justice, IT, or related field; 3-6 years in fraud/AML/Fin Crime operations, ideally in Banking supporting NA geography Skill Category | Core Competencies Technical - Excel, Actimize/NICE, FCRM, Verafin; device anomaly detection, signature analysis, pattern recognition Soft Skills - Multitasking, attention to detail, coordination for investigations and handoffs Domain Knowledge - Fin Crime typologies (1st party fraud, kiting, money mules, ATO, check fraud), NA regulations) India Enterprise Operations Professional CHENNAI, IN CHENNAI (0063) IBM India Private Limited Anti-money Laundering Banking Criminal Justice Finance Geography Multitasking Pattern Recognition Regulations Soft Skills Detail-oriented Anomaly detection NICE Actimize Fraud Risk & Compliance Account Takeovers NICE CXone

Additional role details

• In this role, you will work for IBM BPO, part of Consulting that accelerates digital transformation using agile methodologies, process mining, and AI-powered workflows.
• Curiosity and a constant quest for knowledge serve as the foundation to success in IBM Consulting.
• In your role, you'll be supported by mentors and coaches who will encourage you to challenge the norm, investigate ideas outside of your role, and come up with creative solutions resulting in groundbreaking impact for a wide network of clients.
• Our culture of evolution and empathy centers on long-term career growth and learning opportunities in an environment that embraces your unique skills and experience.
• Identify instances of online Account Take Over (ATO) fraud attempts through device anomaly detection and online monitoring.
• Review check items for potential fraud through signature analysis and identify out of pattern behavior.