Junior Financial Crime Analyst
Betfair is a disruptor bringing innovation and competition to the Australian sports betting industry while operating responsibly and following regulations to protect the community.
We’re looking for a Junior Financial Crime Analyst to play a key role in investigating and preventing fraudulent activity on the Exchange, while supporting our integrity monitoring functions to ensure the fairness of our betting markets. This is a fantastic opportunity to build your investigative, analytical, and wagering knowledge in a team that sits at the heart of protecting Betfair and our customers.
We have a team full of passionate, energetic, great people, with a genuine determination to try and create a working environment that is safe and supportive for everyone, we even won the WORK180 award for two consecutive years for our commitment to employee support and safety, which we are very proud of. Being a strong data-driven business; using cutting edge and digital innovative marketing technology, we service a sophisticated customer base, offering a different way for punters to engage with racing and sport.
What you will bring
- Sound Microsoft Excel and/or SQL skills and proficient in the use of standard IT Packages.
- Previous experience working in an analytical and/or investigations background.
- Availability to work a rotating roster, including some weekends.
- Previous use of open-source investigative tooling and methodology (preferred, not essential).
- Strong wagering IQ to understanding betting anomalies/different customer betting strategies.
- Take a very proactive approach to process improvement.
- Be a true champion and expert of entrusted risk remits, sharing your learnings with peers.
- Demonstrate independence and autonomy.
Some tasks include, but are not limited to:
- Utilise internal applications, scheduled reporting and real-time alerting to enable accurate and timely monitoring of customer transactions supporting the early identification of fraudulent or suspicious activity.
- Undertake comprehensive analysis of large data sets to analyse suspicious activity and create formal case files, including written reports, to support analysis for use internally and externally.
- Review reporting to ensure account holder compliance with Betfair’s T’s & C’s.
- Maintain an evolving knowledge and understanding of global fraud trends and payment fraud risks.
- Undertake chargeback investigation and reconciliation for fraudulent transactions.
- Build on established relationships with the Customer Service Team, CDD Function and other departments to ensure all risk related customer queries and other duties, are undertaken efficiently and effectively including:
- Communicating with Betfair’s customers in relation to Risk matters.
- Undertaking KYC functions as and when required.
- Complete reporting and subsequent data to sports and racing partners, in accordance with product agreements.
- Support requests for information from law enforcement and intelligence agencies.
- Support industry participant betting audits for sports and racing partners.
- Maintain a working knowledge of product agreement integrity provisions.
- Conduct in-depth transactional data customer analysis, identifying behaviours identifiable as key business risks.
- Conduct in-depth external, open-source, customer background analysis to identify any key risks.
- Conduct periodic ECDD reviews of high-risk customers.
- Develop sound understanding of Betfair’s obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
- Review and investigate customer identity and wealth documents to ensure accuracy and minimise fraud opportunity.
How Betfair will be On Your Side:
- Incredibly flexible working arrangements.
- Tailored leave options – competitive parental leave, cultural leave swap, volunteer leave, study leave etc.
- A genuine focus on personal and professional development - including a combination of incredible internal Leadership Development Programs, peer to peer learning and self-chosen learning opportunities.
- Up to $1000 per year for you to choose how you spend through our much loved BestYou program.
- An ongoing commitment to Diversity and Inclusion.
- Supportive wellbeing initiatives including access to our Employee Assistance Program.
- A dedicated internal events team focused on bringing a mix of educational, social, celebratory, and philanthropic activities,
- A generous bonus scheme – if we win, you win! And we like to win
Interested?
At Betfair, we are committed to building a workplace where everyone can fulfill their full potential. We pride ourselves on fostering an environment where all employees feel welcome and included. We encourage people of all walks of life, abilities, and backgrounds to apply.
We are proudly a WORK180 endorsed employer for women. To learn more about our commitment to Diversity and Inclusion, please visit Betfair Australia on WORK180.
Studies show that women are likely to only apply for a job if they meet 100% of the criteria outlined in the job ad. Even if you don’t hit 100%, click apply! You never know where it may lead.
Interested in applying? Please click 'Apply now' and submit an up-to-date Cover Letter and Resume.
We are committed to responding to all candidates within four weeks of application. If you are successful, we will send you a video interview, followed by two rounds of interviews. References are great, but not critical. You will need to have eligible working rights for Australia.
