How to Become a Credit Card Fraud Analyst
Step 1: Understand the job description and responsibilities of a Credit Card Fraud Analyst
What does a Credit Card Fraud Analyst do?
A Credit Card Fraud Analyst monitors suspicious transaction activities and resolves fraudulent activities. Contacts merchant and cardholders to verify charges and prevent loss. Being a Credit Card Fraud Analyst requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Credit Card Fraud Analyst works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Credit Card Fraud Analyst typically requires 1-3 years of related experience.
We closely collaborate with our larger clients to develop custom fraud solutions.
Do you enjoy mysteries? Well, how about becoming an investigator of credit card fraud, work that rewards your detective skills.
A credit card fraud analyst is a reviewer and an expert in handling cases of fraud, exclusively involving credit cards.
This is a common problem today, given the ubiquity of credit cards and how most people avoid cash, using only credit and debit accounts.
There are fraudsters all over the world, as far off as Nigeria and the Congo, conducting scams on American credit cardholders.
Step 2: Learn best tips to become a Credit Card Fraud Analyst
Best tips for those who want to become a Credit Card Fraud Analyst
Here are some tips to become a Credit Card Fraud Analyst.
Step 3: View best colleges and universities for Credit Card Fraud Analyst
Best colleges and universities for Credit Card Fraud Analyst
- Florida Southern College
- Colby College
- Dartmouth College
- University of Notre Dame
- Western Washington University
- Canisius College
Step 4: Think about whether is it worth to be a Credit Card Fraud Analyst
Is being a Credit Card Fraud Analyst Worth it?
As a Detection & Investigation Analyst Sr within PNC's Credit Card Disputes organization, you will be based in Kalamazoo, MI.
O The above will require meeting with and interviewing anyone suspected of perpetrating fraud; interacting with law enforcement officials and insurance….
The fraud data analyst works as part of a customer engagement team to support large banking, financial, and insurance customers in their deployment of fraud and….
You will analyze fraud trends, make recommendations for fraud prevention processes, and act to reduce losses due to credit card fraud.
This position also supports fraud prevention/investigation, debit/credit card disputes, repossessions, and bankruptcies by working with members and vendors….
Step 5: Prepare relevant skills for being a Credit Card Fraud Analyst
What skills do you need to be a Credit Card Fraud Analyst?
There are many skills required to succeed in this role, which vary in importance depending on the exact role and department size. The daily workload for this job will be highly dependant on these skills: Anomaly Detection Processes, Fraud Analytics, Transaction Analysis. Some of the more basic skills required are: Banking Software. By growing your skills to reflect the ones mentioned, you are more likely to succeed in this role, and move forward to a more senior position.
Do you enjoy mysteries? Well, how about becoming an investigator of credit card fraud, work that rewards your detective skills.
A credit card fraud analyst is a reviewer and an expert in handling cases of fraud, exclusively involving credit cards.
In addition to schooling and experience, you possess the skills and expertise that allow you to detect cases of fraud accurately and quickly.
This means being knowledgeable of the credit card business and knowing how to work with database software.
According to Credit Card Fraud Analysis Job Description, those who take up the job of a fraud analyst must have the skill and expertise to closely monitor all security events and prevent and detect fraud activities.
Step 6: View average salary for Credit Card Fraud Analyst
How much does a Credit Card Fraud Analyst make?
The average salary range for a Credit Card Fraud Analyst is from $38,612 to $55,647. The salary will change depending on your location, job level, experience, education, and skills.
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Average salary for Credit Card Fraud Analyst jobs
- Credit Card Fraud Investigator
- Credit Card Fraud Investigator, Sr.
- Credit Card Fraud Research and Investigation Analyst
- Senior Credit Card Fraud Research and Investigation Analyst
- Credit Card Fraud Monitoring Specialist
- Credit Card Fraud Investigation Coordinator
- Credit Card Fraud Investigation Senior Coordinator
Step 7: Find relevant Credit Card Fraud Analyst jobs, and apply.
Looking for Credit Card Fraud Analyst jobs?
Here are some Credit Card Fraud Analyst jobs in the United States.