Day in the Life of a Fraud Investigator and Analyst

Fraud Expert Austin Lee details what a day in the life of a fraud investigator and analyst looks like.

He talks about how the process of acquiring and completing investigation cases works, what he likes most about investigating fraud, and tips for anyone looking to become a fraud prevention analyst or investigator.

Austin Lee has been a AML and cyber fraud prevention expert for over +8 years and has worked at multiple top banks including Bank of America and Citibank.

His mission is to provide cutting edge solutions and simple strategies to prevent fraud.

Subscribe for weekly uploads and insights!

#dayinthelife #dayinmylife #cybersecurity #datascience

[FraudFi]

Thank you for watching! Be sure to subscribe to not miss out on new FraudFi videos!

[Vira-]

This is a wonderful video explaining Fraud! My first role as a Fraud Investigator was a contract role and I absolutely LOVED it! I’m in a different role currently but I can’t wait to get back into the field. It really does change every day I would get different types of cases and that kept brain engaged. I love this field and Il be looking to get back into it in a year. This video really breaks down entry Fraud investigations, my first case took me a week I believe 😂
Thanks for the video Il be looking forward to more of these.

[JWAR]

Been a PI for a while now and definitely want to transition into that, saving up so i can prepare for the CFE exam

[terzo]

Hi! I am interested in becoming a Fraud Investigator. I did Security for a Fortune 500 company for five years and hoping to get into more "digital" security as a career, do you think that type of experience would help in getting hired as a fraud investigator? (A big part of the job was also using similar software and responding to queued alerts on our system). Also, with the ACFE don't you need a certain amount of credits to be able to be eligible for the CFE certification? I am currently doing Financial Crime Academy and have been finding it interesting.

Thank you Austin!

[nightfoxx]

I am also a fraud investigator. I like that you mentioned how they are all different. In my field of fraud that is 100% true. Do you use any particular public searches/ sites for your evidence? Have you ever completed a successful card skimming investigation? If so where did you start?

[GrayCatPI]

Great insight into the world of fraud investigation. Austin Lee's experience and tips are invaluable for aspiring fraud prevention analysts. #cybersecurity #dayinthelife #fraudprevention @FraudFi

[ocdogmomreviews]

Hello, just curious if you work for a company or do you have your own consulting business? I work for a large insurance carrier and am looking to possibly move out of my current position but stay with the company into a more investigative analytical fraud based position. I am in the legal department and love the investigative parts of my career. Thanks for the input.

[pinkpineapple]

Amazing video….why was the switch from cyber field, as that’s most latest. Also, could you suggest what are the transitions that can be done after being in FI or detection.

[walt]

Cool video! I'm looking to transition from Cyber Risk Management into Fraud Management. What advice do you have for someone like me who has over a decade of tech experience looking to make this transition?

[jieun]

This video perfect, thank you so much!

[louiepreciado]

Really appreciate the video! For someone with little experience in the finance industry do you think getting CFE certified could help land an entry level job in fraud detection? It would be a complete career change for me and my resume is pretty unrelated it feels like.

[krymeariver]

I'm moving from a managerial role to trying to get a job with AML with no experience but watching youtube vids and certification websites. Do you mentor?

[waynemasters]

Totally off subject, but you have the most beautiful eyes and smile ❤

[akmalhakim]

just wanted to ask, I’ve got an interview for digital fraud management does this work require IT skills since I have an IT background and really wanted to keep my career on IT so I really wanted to give it a try if this kind of job required IT skills

[near]

They say there’s millions of debit/credit card fraud a year! Are there cases where you can’t find the culprit & do you investigate all the previous transactions as far back as a year or only something like the past 3 months?

[modelimagestudio]

I am currently an entry level fraud investigator for debit and credit card fraud. I am looking to grow in the field. I don’t hold a degree but some years of college and years of experience in disputes and fraud. Any recommendations on what I should do from here?

[snakhokonkebuthelezi]

Nice video, do you recommend getting a Certified Anti-Money Laundering Specialist (CAMS) certificate from ACAMS?

[Funny-ff]

After spotting how to expose important, everything supress 😢

[ResilientVet]

Thanks for the video! Looking to transition to a fraud investigation role with no banking experience. I worked in law enforcement for 5 years, military for 6 and I am currently a physical security director. Any advice or suggestions to help with the transition?

[miggys]

Do you work as a contractor for various companies or do you work for a company that is hired to do the investigations?