Senior Fraud Prevention Analyst

Job Description

Senior Fraud Prevention Analyst

Summary/Objective

The Senior Fraud Prevention Analyst serves as a leader in safeguarding the organization's digital platforms, financial systems, and customer data from fraudulent activity. This position is responsible for monitoring transactions, analyzing behavioral patterns, and investigating suspicious activity using advanced data tools and fraud detection systems. The analyst collaborates cross-functionally with engineering, product, compliance, and customer support teams to proactively identify risks, implement prevention strategies, and ensure regulatory compliance. Success in this role requires a sharp analytical mindset, strong technical acumen, and the ability to adapt quickly in a fast-paced, evolving threat landscape.

Core Job Duties

• Lead the monitoring and analysis of HCM systems, user behavior, system activity and transactions for suspicious activity, including payroll fraud, identity theft, and benefits abuse.
• Serve as the primary point of contact for high-impact fraud investigations, coordinating with internal stakeholders and external agencies as needed.
• Respond to internal and external inquiries related to potential fraud with professionalism and urgency.
• Use fraud detection tools and algorithms to flag potential threats in real time.
• Collaborate with Head of Fraud to develop and maintain enterprise-wide fraud prevention protocols, ensuring alignment with regulatory requirements and industry best practices
• Conduct forensic analysis of digital footprints, system logs, and data trails to identify root causes and recommend remediation strategies.
• Partner with HR, payroll, IT, Customer Support, Legal and compliance teams to resolve fraud incidents and implement long-term safeguards.
• Deliver fraud risk assessments and present findings to senior leadership, including trend analysis, emerging threats, and mitigation plans.
• Maintain accurate records of fraud incidents and resolutions for audit and compliance purposes.
• Continuously evaluate and enhance fraud detection tools, workflows, and reporting systems to improve accuracy and efficiency Analyze trends and data to identify vulnerabilities and recommend improvements to HCM processes.
• Educate employees and managers on fraud prevention best practices and reporting procedures.
• Mentor junior analysts and contribute to the development of fraud awareness training programs for employees and managers

Job Complexity

Has substantial understanding of the job and applies knowledge and skills to complete a wide range of tasks.

Interaction

Works on assignments that are moderately difficult, requiring judgment in resolving issues or in making recommendations.

Supervision

Normally receives little instruction on daily work, general instructions on newly introduced assignments. Routine assignments are performed independently unless problems occur.

Experience

Typically requires a minimum of 3 - 6 years of related experience.

Minimum Qualifications

• Associate's degree in criminal justice, data analytics, cyber security or equivalent experience
• 3+ years of experience with fraud detection or similar role
• Experience with fraud detection software and reporting systems
• Knowledge of data analysis tools
• Experience with machine learning models for anomaly detection
• Background in enterprise risk management or internal audit
• Familiarity with cloud-based HCM platforms and SaaS architecture
• Proficient in Microsoft Office suit, particularly Excel, Word, and PowerPoint
• Highly organized with great attention to detail
• Ability to flex and adapt to changing business needs
• Discretion when dealing with confidential information

Nice to have

• Background in enterprise risk management or internal audit
• Certified Fraud Examiner (CFE) – Association of Fraud Examiners or other type of fraud or cyber certification

Physical Demands: Prolonged periods of sitting at a desk and working on a computer. Must be able to lift up to 15 pounds.

Travel Required: No.

Work Authorization: Employees must be legally authorized to work in the United States.

FLSA Classification: Exempt

Bonus Tier: 1

Location: Any

Effective Date: 7/29/2025

Internal Job Title: Senior Fraud Prevention Analyst

About isolved

isolved is an employee experience leader, providing intuitive, people-first HCM (Human Capital Management) technology. Our solutions are delivered directly or through our partner network to more than five million employees and 145,000 employers - who use them daily to boost performance, increase productivity, and accelerate results while reducing risk. Our HCM platform, isolved People Cloud, seamlessly connects and manages the employee journey across talent management, HR payroll, workforce management, and engagement management functions.

No matter the industry, we help high-growth organizations employ, enable, and empower their workforce by transforming employee experience for a better today and a better tomorrow. For more information, visit www.isolvedhcm.com.

isolved is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. isolved is a progressive and open-minded meritocracy. If you are intelligent and good at what you do, come as you are. Visit www.isolvedhcm.com/careers for more information regarding our incredible culture and focus on our employee experience. Visit www.isolvedeebenefits.com for a comprehensive list of our employee total rewards offerings.

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