Money Movement Fraud Strategy
Money Movement Fraud Strategy
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Employee Applicant Privacy Notice
Who we are:
Welcoming collaborative and having the opportunity to make an impact is how our employees describe working here. Galileo is a financial technology company that provides innovative and revolutionary software products and services that power some of the worlds largest Fintechs. We are the only payments innovator that applies tech and engineering capabilities to empower Fintechs and financial institutions to unleash their full creativity to achieve their most inspired goals. Galileo leads its industry with superior fraud detection security decisionmaking analytics and regulatory compliance functionality combined with customized responsive and flexible programs to accelerate the success of all payments companies and solve tomorrows payments challenges today. We hire energetic and creative employees while providing them the opportunity to excel in their careers and make a difference for our clients. Learn more about us and why we work here at the Role
We are seeking a talented and selfmotivated Money Movement Fraud Strategy Analyst to join our Fraud Prevention team. The candidate will be responsible for money movement fraud detection and fraud prevention strategy monitoring and proposing new controls as it relates to preventing suspicious money movement activity. The candidate will support implementing a robust analytical framework for identifying potential fraud exposure partner with broader stakeholders to review fraudulent activity across multiple channels of exposure participate and address fraud review calibrations .
Responsibilities and Duties
- Develop money movement fraud 1st line program assessment methodology and approach.
- Provide actionable feedback and recommendations to improve fraud program resilience.
- Record discrepancies between existing controls and the level of risk protection required highlighting areas where enhancements are needed.
- Report/escalate identified trends and patterns.
- Supports fraud strategy implementations and analysis including participating in internal fraud reviews implementing baseline transactional fraud rules and configuring required reporting.
- Conducts thorough reviews and inquiries on identified and suspicious transactions.
- Communicates significant fraud issues to Management and makes recommendations when weaknesses are identified.
Qualifications
- 25 years of relevant prevention experience in the financial services industry including a working knowledge of industry standard money movement elements.
- Knowledge and understanding of the money service business industry methods and industry best practices for transaction analysis fraud detection and prevention.
- Experience in creating the necessary policies and procedures to address transactional and operational fraud controls.
- Ability to analyze large data sets to identify suspicious transactions or patterns. Ability to apply sound judgment effectively solves problems and determines fraudulent activity consistently.
- Basic proficiency with SQL to pull out datasets for analysis.
- Ability to apply sound judgment effectively solves problems and determines fraudulent activity consistently.
- Must be selfmotivated with the ability to work independently or within a group under minimal daily direction.
Galileo Financial Technologies provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race color religion (including religious dress and grooming practices) sex (including pregnancy childbirth and related medical conditions breastfeeding and conditions related to breastfeeding) gender gender identity gender expression national origin ancestry age 40 or over) physical or medical disability medical condition marital status registered domestic partner status sexual orientation genetic information military and/or veteran status or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
Galileo is committed to embracing diversity. As part of this commitment Galileo offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process please let your recruiter know or email .
Due to insurance coverage issues we are unable to accommodate remote work from Hawaii or Alaska at this time.
Employment Type
Full Time
