Financial Fraud Investigator

Job Title: Financial Fraud Investigator

Job Description

As a Financial Fraud Investigator, you will play a crucial role in detecting, investigating, and preventing financial fraud within our organization. You will conduct thorough investigations into suspected fraudulent activities, including embezzlement, identity theft, money laundering, and fraudulent transactions. Your responsibilities will involve gathering evidence, analyzing financial records, interviewing witnesses, and collaborating with law enforcement agencies and legal advisors to mitigate financial losses and protect the organization's assets.

Roles And Responsibilities

• Fraud Detection and Investigation:
• Identify and investigate potential instances of financial fraud through proactive monitoring, whistleblower reports, and internal audits.
• Collect and analyze financial data, transaction records, and documentation to uncover fraudulent activities and patterns.
• Utilize forensic accounting techniques and investigative tools to trace funds, uncover hidden assets, and document findings.
• Evidence Gathering and Documentation:
• Conduct interviews with employees, customers, and stakeholders to gather information and statements related to suspected fraud cases.
• Obtain and preserve digital evidence, including email communications, financial transactions, and electronic records, in compliance with legal standards.
• Prepare detailed investigative reports and case summaries documenting findings, evidence, and conclusions for review by management and legal counsel.
• Collaboration and Liaison:
• Collaborate with internal departments, including legal, compliance, internal audit, and finance, to coordinate fraud investigations and remediation efforts.
• Liaise with external parties, such as law enforcement agencies, regulatory bodies, and external auditors, to report findings and support legal proceedings.
• Maintain confidentiality and adhere to legal and regulatory requirements throughout the investigation process.
• Risk Assessment and Fraud Prevention:
• Assess fraud risks and vulnerabilities within financial processes, systems, and controls.
• Recommend and implement fraud prevention measures, controls, and policies to mitigate future fraud risks.
• Provide fraud awareness training and education to employees to enhance vigilance and compliance with fraud prevention protocols.
• Legal Compliance and Reporting:
• Ensure compliance with relevant laws, regulations, and industry standards governing fraud investigations and reporting.
• Prepare and file suspicious activity reports (SARs) and other regulatory filings as required by regulatory authorities.
• Support legal proceedings, including court appearances, depositions, and expert witness testimony, as a subject matter expert in financial fraud investigations.
  

Skills Required

• Bachelor’s degree in Accounting, Finance, Business Administration, Criminal Justice, or related field (Certified Fraud Examiner (CFE) or similar certification preferred).
• Proven experience as a Financial Fraud Investigator, Forensic Accountant, or Investigative Analyst with a focus on financial crimes.
• Strong knowledge of fraud detection techniques, forensic accounting principles, and investigative procedures.
• Analytical skills with the ability to interpret complex financial data and identify irregularities or patterns indicative of fraud.
• Excellent communication and interpersonal skills, including the ability to present findings clearly and concisely.
• Detail-oriented with strong organizational skills and the ability to manage multiple investigations and deadlines effectively.
• Proficiency in investigative software, financial analysis tools, and Microsoft Office Suite.
  
  

Compensation

• The compensation package for this role will be competitive and commensurate with experience and qualifications.
• Benefits such as health insurance, retirement plans, performance-based bonuses, and professional development opportunities may be included.