Business Analyst - Banking Domain & Fraud Detection

Job Title: Business Analyst - Banking Domain & Fraud DetectionLocation: Dallas, TX / Pittsburgh, PAJob Type: Full-TimeContact: gorav.sharma@synechron.comJob Overview:We are seeking a detail-oriented Business Analyst with a strong background in the banking sector, specifically in fraud detection and prevention. The ideal candidate will have a proven track record of analyzing business processes, identifying areas for improvement, and implementing effective solutions to mitigate fraud risk.Key Responsibilities:Collaborate with stakeholders to gather and document business requirements related to fraud detection and prevention.Analyze current banking processes and systems to identify vulnerabilities and areas for improvement.Develop and maintain business process models to illustrate workflow and identify potential fraud risks.Conduct data analysis to identify trends and patterns related to fraudulent activities.Work closely with IT and development teams to ensure that solutions meet business needs and compliance standards.Facilitate workshops and meetings with stakeholders to discuss findings and recommend solutions.Prepare reports and presentations for senior management on fraud trends, analysis, and recommendations.Monitor industry trends and regulatory changes related to fraud in the banking sector.Support the implementation of fraud detection systems and tools, ensuring they align with business objectives.Qualifications:Bachelor’s degree in Business Administration, Finance, or a related field; Master’s degree is a plus.3+ years of experience as a Business Analyst in the banking or financial services domain.Experience in fraud detection, prevention, and risk management processes.Strong analytical skills with the ability to interpret complex data and make informed decisions.Proficiency in data analysis tools and techniques (e.g., SQL, Excel, Tableau).Knowledge of banking regulations and compliance requirements.Excellent communication and interpersonal skills, with the ability to work collaboratively with cross-functional teams.Strong problem-solving skills and attention to detail.Preferred Skills:Experience with fraud detection software and tools (e.g., SAS, FICO, Actimize).Familiarity with Agile methodologies and project management tools.Certification in Business Analysis (e.g., CBAP) or related certifications is a plus.We can offer you:A highly competitive compensation and benefits packageA multinational organization with 58 offices in 21 countries and the possibility to work abroadLaptop and a mobile phone10 days of paid annual leave (plus sick leave and national holidays)Maternity & Paternity leave plansA comprehensive insurance plan including: medical, dental, vision, life insurance, and long-/short-term disability (plans vary by region)Retirement savings plansA higher education certification policyCommuter benefits (varies by region)Extensive training opportunities, focused on skills, substantive knowledge, and personal development.On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated coursesCoaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groupsCutting edge projects at the world’s leading tier-one banks, financial institutions and insurance firmsA flat and approachable organizationA truly diverse, fun-loving and global work cultureS​YNECHRON’S DIVERSITY & INCLUSION STATEMENTDiversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.