Fraud Analyst

Interactive Brokers is searching for a Fraud Analyst on the Risk Assessment Team (“RA”) within the New Accounts Department to be located in our Mumbai office. The Fraud Analyst will report to a Risk Assessment Team Lead and will assist with ensuring the firm complies with Bank Secrecy Act, USA PATRIOT Act, anti-terrorist financing, sanctions, and industry AML laws and regulations. We are searching for candidates with prior experience in the financial services industry, extraordinary attention to detail, and strong communication skills.

The IBLLC RA is accountable for providing high-quality reviews of Anti Money Laundering (AML), Know Your Customer (KYC), sanctions, anti-fraud, and Politically Exposed Persons (PEP) issues for retail customers, financial advisors, hedge fund operators and other professional clients. The aim is to facilitate client onboarding by providing regulatory and compliance guidance while building and maintaining long-term client relationships as we expand our global service offerings.

Responsibilities

• Identify and investigate alerts and escalated cases to detect fraud
• Develop, implement, and maintain fraud detection and prevention strategies
• Ensure compliance with fraud policies and procedures
• Collaborate with other departments to ensure fraud prevention measures are in place
• Advise management by collecting, analyzing, and summarizing data and trends

• All other duties or responsibilities assigned
  

Qualification

• 1-3 years of experience conducting fraud or financial crimes investigations
• College degree is required.
• Knowledge of the Self-Regulatory Organization (SRO), Broker Dealer and/or Futures Commodity Merchant (“FCM”) environment, and equities and equity-linked products is key
• High proficiency with desktop applications and MS Office suite of products
• Must be comfortable working in an automated, hands-on environment
• Excellent written and oral communication skill sets

Preferred Qualifications

• Experience within a Compliance Department, internal audit, legal or a control function of an SRO, BD or FCM.
• Trading background with the ability to understand and breakdown complex trading strategies.
• Certified Fraud Examiner (CFE) or similar certification

• Competitive salary package.
• Performance based annual bonus (cash and stocks).
• Hybrid working model (3 days office/week).
• Group Medical & Life Insurance.
• Modern offices with free amenities & fully stocked cafeterias.
• Monthly food card & company paid snacks.
• Hardship/shift allowance with company provided pickup & drop facility*
• Attractive employee referral bonus.
• Frequent company sponsored team building events and outings.

* Depending upon the shifts.

**The benefits package is subject to change at the management's discretion.