What are the responsibilities and job description for the Fraud Analyst position at Ritchie Bros.?
The Fraud Analyst plays a crucial role in detecting and preventing fraudulent activities within the organization.
The analyst works closely with other departments to identify red flags, investigate suspicious activities, and report findings to the appropriate department.
This involves analyzing financial transactions, identifying patterns indicative of fraudulent activity, and collaborating with Global Internal Audit leadership.
The Fraud Analyst will be required to perform ongoing monitoring of fraud trends and patterns, providing recommendations for improvements and assisting in the development of fraud prevention policies and procedures throughout the organization.
In addition, the analyst will provide fraud awareness training to employees and stakeholders, communicating related findings and recommendations effectively.
Responsibilities
- Analyze buyer payment activity to identify patterns indicative of fraudulent activity.
- Investigate suspicious activities, collaborate with Global Internal Audit leadership, and report findings to the appropriate department (Operations, Finance, HR, Legal, Compliance, etc.).
- Collaborate with other departments to implement fraud prevention strategies and identify areas for improvement.
- Document investigation findings and maintain accurate records.
- Conduct ongoing monitoring of fraud trends and patterns.
- Assist in the development of fraud prevention policies and procedures throughout the organization.
- Provide fraud awareness training to employees and stakeholders.
- Identify trends and patterns, report and communicate related findings, and provide recommendations for improvements.
Qualifications
- At least two years of fraud detection and prevention experience, preferably in a financial institution.
- Certification in CFE, GCFE, CEH, CHFI or other forensic examination certifications would be an asset.
- Strong analytical and problem-solving skills with the ability to think creatively and 'outside-of-the-box'.
- Excellent interpersonal, communication and report writing skills.
- Excellent presentation skills with the ability to communicate technical concepts to non-technical staff.
- An excellent understanding of regulatory compliance standards.
- Proficiency in Microsoft Office and other relevant software.
- Proficient in data analytics with the ability to use data visualization tools (preferred).
- Have experience with fraud management systems (preferred).
- Have experience documenting policy, procedures and internal controls (preferred).
About Us
Ritchie Bros. is a global company that specializes in equipment sales, with corporate teams supporting billions of dollars in equipment sales every year.
We are a trusted global marketplace for insights, services, and transaction solutions for commercial assets and vehicles.
About the Team
As a member of our corporate services teams, you will play a key role in ensuring the business runs smoothly and supporting the overall business to achieve our core objectives.
Your work will make a difference in the way we run our business and the way customers interact with us.
