Fraud Analyst Resume
This is a free Fraud Analyst Resume example that covers objectives and tips to gets you the best job. This professional resume template with action words will help you in writing perfect CV for the desired Fraud Analyst Job.
Fraud Analyst Job Description
- Performs fraud prevention activities on deposit accounts, focusing on functions established to provide early warning signs of potential losses.
- Participate in fraud control activities involving Kite Detection, Deposit Verification, Check Fraud, and Identity Theft.
- Performs daily review of exception and risk reports
- Assists in maintaining, design and implementation of existing and new fraud detection tools.
- Reviews potential fraudulent accounts for the prevention and detection of Fraud
- Communicates with branch staff and management with risk recommendations and remedies
- Develops, communicates and implements optimum fraud strategies
- Identifies key risk indicators and formulates MIS that accurately track these indicators
- Provides and communicate management reports as required
- Responsible for evaluating current processes and policies and recommending improvements
- Takes action based on transaction characteristics as appropriate and necessary
- Maintains thorough and current knowledge of all federal, state, and local regulations as well as internal policies and procedures and credit union products and services
- Assists in reviewing New Accounts for fraud risk indicators and compliance
- Assists in managing Suspicious Activity reporting program
- Assists the Bank Secrecy Act Analyst in monitoring CTR transactions, 314(a) requests, and OFAC
- Manages fraud and risk records on case management system
- Other duties as assigned to meet business needs
Sample Fraud Analyst Resume Template
In this section you have to include your Name, current home address, Mobile telephone number, Landline telephone number and your personal email address which is currently used.
- Full name
- Present and permanent addresses
- Telephone numbers
- Email address
Professional or career objective
Your objective is the one that clearly underlines your aims and aspirations in that profession. For example a Management Graduate will have to write an objective which is concise and precisely speaks about his role that he wants to play in the Organization.
Sample Objective for Fraud Analyst
To obtain a Fraud Analyst position that has the potential for advancement within a mortgage lending institution; utilizing deductive reasoning and autonomous thought to achieve success.
If you have any major Career Achievements or any Appreciation then this is the section where they should be listed. For Example a Fraud Analyst can add his/her career achievements like,
- Reviewed real estate appraisals, broker price opinions, and field reviews.
- Worked with International team to trace fraud cases for SVS FINANCIAL.
- Researched investors’ repurchase demands and identified origination issues that would justify a repurchase.
- Developed and implemented policies and procedures for fraud and internal investigation teams and provided training and instruction to risk assessor staff.
- Fraud Analyst for Countrywide Home Loans.
Previous work experience plays an important role while applying for a Job and hence it should be well presented in the resume. Most of the questions during your resume will be related to the previous job that you had and hence you should be well prepared for it. You should begin with putting the name of the organization that you worked for, the duration of your work and the post or the designation at which you were working. After this, you can effectively place points in a bulleted format that talk about the responsibilities and the achievements that you may have achieved during your stay at the previous organization. The work experience of an experienced Fraud Analyst applying for a job would look like,
Senior Fraud Analyst
Idea, Noida, 2007-Present
- Conducted time sensitive investigations that were specific to market value manipulation, flipping trends, misrepresentation of loan transactions and parties involved as well as internal investigations on brokers, appraisers, closing agents and/or internal employees.
- Analyzed entire portfolios and pipelines, identified patterns of fraud, and evaluated the risk factors involved in corrective action or suspension.
- Audited and compiled loan information to verify consistency of verifications on income, loan-to-value ratio, employment, credit reports, applications, broker license, appraisal license, and ensuring collateral valuation quality.
- Determined if property was appraised fairly and identified any discrepancies in appraisal report.
- Created and maintained case notes and other investigation documentation with in compliance with guidelines.
SVS FINANCIAL, Noida, 2004-2006
- Investigated and interviewed all parties involved to determine if an act of mortgage fraud was committed.
- Underwriter for Wells Fargo Home Mortgage and Commonwealth United Mortgage.
- Underwrote 10 to 12 loans per day.
Due Diligence Underwriter
CLAYTON FINNANCE, New Delhi, 2002-2003
- Underwrote loan pools for Secondary Market Investors pursuant to investor guidelines.
- Loan pools were audited for their conformity to RESPA and Reg-Z compliance.
- Calculated the accuracy of fees contained in the final HUD-1 for compliance to federal predatory lending laws.
- Analyzed the verbiage contained within the note to support the assumability of the loan.
- Audited borrowers
- Income documentation and credit scores to substantiate the ability to repay loan.
Property Valuation Analyst
NATIONS VALUATION SERVICES, New Delhi, 2000-2001
- Analyzed specific valuations to ensure their conformity to the Uniform Standards of Profession Appraisal Practice (USPAP).
- Reconciled any discrepancies that various investors deemed inaccurate.
- Traveled to various residential properties in the County and performed desk reviews.
Education and Certification
The academic details need to be mentioned in a tabulated format with respect to the degrees or the courses that the candidate would have undertaken in the past. The latest degree or course comes first followed by the last completed course and hence forth going backwards. For example a Fraud Analyst who has completed post graduation or graduation course is applying for a Job or to a company or an organization then his/her details would be like,
Dhirubhai College of Science, Bombay, 1999
- Diploma in Fraud and Analysis ,Mortgage
Central College of Investigation Studies, Bombay, 2000
If you have won any competitions national or international then they could also be highlighted here. For example a Fraud Analyst could lay stress on any exams that he may have given or any seminars or conferences attended. If you are a part of any honorary society or any nonprofit organization then that could also be added here.
The honors and the activities section of a Fraud Analyst would look like,
- Best Investigator of the year awarded by IDEA in 2007.
- Dhirubhai Scholars Scholarship, 1999, scholarship award for academic excellence.
- Active member of CNI, Crime and Investigation, New Delhi.
The References are generally required so that your present employer can gauge you through the eyes of the people who you were associated with or have worked for. So your teachers or college professors’ details could be placed here. Or your past employer who you would have worked under can also be used as a reference. Ensure that the people whose names you enter know you well and do inform them that you are placing their names as reference because many companies call to confirm. For example the references section of a Fraud Analyst could also look like,
Salary Range of a Fraud Analyst
- The average salary received is approximately Rs. 25000 per month. This works out to an annual pay package of 3 Lakhs to 3.25 Lakhs per annum CTC.
- The salary from an American perspective works out to be $11500 per Month.
Note: This salary may be variable and it may change from organization to organization.
Frequently asked Fraud Analyst Interview Question
- If employees or managers are doing fraud from this particular company, why do you think they would do it?
- If you suspected fraud from someone in the company, what would you do?
- Suppose someone who worked with you decided to steal or commit fraud. How could they do it and get away with it?
- In your opinion, who is beyond suspicion when it comes to committing fraud in your department?
- Did you ever think about stealing from the company, even though you didn’t go through with it?
- Is there any information you wish to furnish regarding any possible fraud within this organization?