Job Description

BE PART OF A BANK LIKE NO OTHER. When you work with the world\'s most innovative companies, you know you\'re making a difference. Our clients are the game changers, leaders and investors who fuel the global innovation economy. They\'re the businesses b

BE PART OF A BANK LIKE NO OTHER. When you work with the world\'s most innovative companies, you know you\'re making a difference. Our clients are the game changers, leaders and investors who fuel the global innovation economy. They\'re the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work. They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business. Join us at SVB and be part of bringing our clients\' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.: Title: Fraud Analyst SVB India is a global delivery center for SVB, the financial partner of the innovation economy and parent of Silicon Valley Bank. SVB India develops products and provides services in finance, banking operations, and technology, and employs more than 800 employees and will be rapidly expanding. SVB\'s businesses - Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities - together offer the services that dynamic and fast-growing clients require as they grow. Learn more at Job location - Hyderabad/Chennai Be Part Of a Bank Like No Other. When you work with the world\'s most innovative companies, you know you\'re making a difference. Our clients are the game changers, leaders and investors who fuel the global innovation economy. They\'re the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work. For 35 years, SVB Financial Group (NASDAQ SIVB) and its subsidiaries have helped innovative companies and their investors move ambitious ideas forward, fast. SVB Financial Group\'s businesses, including Silicon Valley Bank, operate at the intersection of innovation and capital, and provide a comprehensive range of financial services including commercial banking, investment solutions, research and insights, funds management and private banking and wealth advisory. SVB helps high growth companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries navigate at every stage. In addition, the company focuses on encouraging positive relationships with firms within the private equity and venture capital community worldwide, many of which are also the firm\'s clients and may invest in the firm\'s corporate clients. About the Job: As a Fraud Analyst I, you will be responsible for researching and analyzing high risk transactions across payment channels to identify indications of potential fraud. This incumbent will effectively respond to fraudulent events to minimize loss and promote recovery. The Fraud Analyst I will work collaboratively with both internal and external clients to appropriately investigate, report, and resolve both attempted and actual fraudulent events. The Fraud Analyst I will also evaluate results of actions to support fraud trend analysis and ensure best practices are followed. Essential Functions Review payment channels in a fast-paced environment generated from Bank fraud monitoring products and rapidly decision fraud alerts. Investigate and research cases and potentially suspicious situations efficiently arriving at sound risk-based conclusions in order to minimize fraud losses. Clearly document and support judgments, decisions, and rationale, which will necessitate strong writing skills and the ability to maintain files and records in accordance with business unit standards. Prepare regulatory and investigative reports (SARs). Identify fraud trends and communicate observations to management. Maintain and update case management system for tracking of fraud cases and relevant information. Work closely and collaboratively with members of the Fraud Department. Provide advisory guidance in fraud prevention techniques and best practices for both internal and external clientele. Identify internal procedural violations and recommend actions to mitigate reoccurrence Demonstrate sound judgment and decision making in the context of regulatory requirements, Bank policies, and industry best practices. Apply project management and organization skills to a variety of tasks, demonstrating flexibility and problem-solving skills. Possess proficiency in understanding banking products and workflows, especially payment systems (check, wire, ACH, and online banking). Builds relationships with teams/stakeholders and other internal clients and collaborates to resolve issues. Recommends potential process improvements. Special Projects as assigned by management. Recommends potential process improvements. Special Projects as assigned by management and provide excellent service and support Participates in meetings, coaching and other duties as assigned by management Knowledge Demonstrated expertise of bank products, expertise on regulations, processes and procedures Demonstrated Fraud management expertise and support through every step of improving anti-fraud strategy including analyzing current processes, implementing new processes, and constantly refining and improving the approach to fraud detection and prevention. Demonstrated knowledge of the associated processes, procedures, controls, and documentation associated with Fraud reviews Skills Strong ability to multi-task, handle high volumes, and support cross-functional teams Excellent written and verbal communication skills with ability to convey information Proficient at independently researching and solving complex scenarios Good networking skills, strong ability to establish relationships with internal clients. Strong attention to detail Critical thinking with the awareness to know when to challenge or question Able to work in a transforming environment and be an ambassador for change Aptitude for following process and procedures Able to act as a Subject Matter Expert and leader for less experienced team members and work independently with Business Partners as a SME on projects and initiatives as assigned Ability to learn and use a variety of systems and technology. Ability to work independently on special projects. Demonstrate aptitude to utilize computer systems, adhere to bank policies and procedures, and ensure compliance with applicable bank regulations. Excellent communication skills. High level of professionalism and confidentiality. Works well in a team environment. Competencies Organizational Skills Thoroughness Technical Capacity/Ability to Work with Variety of Systems Problem Solving/Analysis Accountability Time Management Flexibility Collaboration Fosters Team Education and certifications: Bachelor\'s Degree (preferably commerce) At least 2 years of specifically relevant business experience preferably within the Banking industry or financial crime law enforcement plus, a basic understanding of fraud detection and prevention. Travel No Travel 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: ). Equal Employment Opportunity Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices. Silicon Valley Bank UK Limited is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK (Company Number 12546585). Silicon Valley Bank UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146). Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

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