Antifraud Analyst

About the Role

We’re looking for an Antifraud Analyst to join the NOVACARD Risk Tech team and help strengthen our fraud detection and prevention processes. In this role, you will investigate suspicious activities, analyze fraud patterns, and support the development and improvement of antifraud rules. You will work with data to identify anomalies, monitor partner and transaction activity, and collaborate with risk, data, and operations teams to improve fraud detection and monitoring efficiency.

Key Responsibilities

• Conduct deep-dive investigations of suspicious cases, including detailed analysis of fraud incidents that bypass existing detection systems, identifying links between fraudulent profiles and uncovering new fraud patterns and schemes
• Perform initial authorization and verification of POS partners, as well as ongoing monitoring of merchant and agent activity to identify signs of collusion, fraud farms, and manipulation at points of sale
• Develop, implement, and continuously optimize antifraud rules and detection logic used in application approval processes and transactional monitoring
• Evaluate and analyze data from external sources (credit bureaus, vendors, and third-party services) and integrate them into fraud detection and prevention processes
• Prepare regular antifraud reports covering fraud levels, rule effectiveness, and overall portfolio quality
• Support antifraud analytics by working with data marts and datasets in the company’s Data Warehouse (DWH)
• Perform quality assurance (QA) of antifraud-related processes handled by first-line and second-line teams
• Process and investigate antifraud-related requests coming from customer support and verification teams, providing analysis and recommendations