FRAUD CONSULTANT SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Published: Apr 01, 2025 – The Fraud Consultant possesses deep expertise in fraud detection systems, financial crime analysis, and database interrogation using tools such as SQL Server, SAS, and Oracle, with strong knowledge of analytical techniques for crime prevention strategies. This role requires precision in data analysis, investigative skills, and the ability to deliver clear, impactful presentations to both technical and non-technical audiences. The consultant excels in managing relationships with stakeholders, solving complex problems strategically, and performing under high-pressure environments with exceptional attention to detail.

Essential Hard and Soft Skills for a Standout Fraud Consultant Resume
  • Requirements Analysis
  • Documentation Skills
  • JIRA Software
  • Agile Stories
  • Project Planning
  • Fraud Knowledge
  • Risk Decisioning
  • Data Analysis
  • System Design
  • Fraud Analytics
  • Communication Skills
  • Collaboration Skills
  • Customer Service
  • Inbound Handling
  • Sales Support
  • Customer Engagement
  • Cross-Team Collaboration
  • Client Training
  • Thought Leadership
  • Problem Solving

Summary of Fraud Consultant Knowledge and Qualifications on Resume

1. BA in Accounting with 3 years of Experience

  • Familiarity with fraud detection tools and techniques, including machine learning models and forensic accounting methods.
  • Experience in conducting thorough investigations and research to uncover fraudulent activities.
  • Ability to assess and mitigate risks and develop strategies to prevent future fraud.
  • Ability to maintain confidentiality and adhere to ethical standards when handling sensitive information.
  • Understanding of industry regulations and legal frameworks related to fraud prevention and detection (e.g., GDPR, PCI-DSS).
  • Familiarity with fraud detection software, databases, and platforms used to monitor financial transactions and activities.
  • Ability to collaborate with cross-functional teams, including legal, compliance, and IT departments, to address fraud issues.
  • Must be flexible, enthusiastic, adaptable, and possess good interpersonal skills.
  • Must be proficient in MS Office products, i.e., Word, Excel, PowerPoint.
  • Excellent interpersonal and communication skills (listening, verbal, and written)
  • The ability to work collegially and effectively with current and potential clients, as well as staff at all levels of the company

2. BA in Risk Management with 5 years of Experience

  • Experience in financial crimes for a large and foreign banking organization (LFBO), financial services firm, law enforcement agency, or related governmental agency
  • Able to maintain a robust fraud peer network by way of fraud consortium memberships and participation
  • Knowledge in banking regulations with a fraud nexus (e.g., Regulations E and CC, Bank Secrecy Act, Identity Theft Red Flag Rule) and other regulatory compliance rules
  • CFE- Certified Fraud Examiner, ACAMS - Association of Certified Anti-Money Laundering Specialists, or other certification
  • Highly organized and motivated self-starter who can deliver results with minimal supervision
  • The ability to drive strategic change in a matrixed-environment
  • Strong communicator who instills confidence and can communicate clearly and effectively at all levels
  • Strong functional and technical knowledge of information security capabilities
  • Proven ability to handle highly sensitive information and maintain confidentiality
  • Self-motivated and able to work unsupervised, align time management with priorities.
  • Knowledge of global markets, retail, commercial banking, investment banking, and related financial crimes risks
  • Prior experience investigating and leading complex financial crimes (e.g., Ponzi Schemes, international scams, securities fraud, etc.)

3. BA in Finance with 8 years of Experience

  • Knowledge of fraud and business data, and how to interrogate this data effectively.
  • Knowledge of DB platforms and analytical tools, and languages, e.g. SQL Server, TOAD, Access, Oracle, SAS, and Oracle Discover.
  • Experience in working within a Financial Crime Unit of a major financial services organization.
  • Expert technical knowledge of financial crime detection systems, processes, and platforms
  • Experience in delivering presentations and demonstrating solutions to large and small audiences effectively.
  • In-depth knowledge of analytical techniques applicable to the production of financial crime prevention strategies.
  • Excellent interpersonal and relationship management skills to deal with Customers and Strategic Partners.
  • Ability to plan and organize time effectively and to work effectively under sometimes extreme time pressures.
  • Excellent communication skills and an ability to explain technical problems and solutions to a non-technical audience.
  • The ability to think strategically, strong analytical skills, and decision-making skills.
  • Accuracy in the investigation, interrogation, and production of data, with attention to detail in both analyzing and producing data.
  • Highly developed investigative and judgmental skills in a financial crime context
  • Ability to identify the key facts in masses of information and generate practical solutions for action.
  • The ability to identify problems and find appropriate solutions
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