Daily tasks/Routine activities

1. Document all investigative activities.

2. Prepare written reports of investigation findings.

3.Prepare evidence for presentation in court.

4. Testify in court regarding investigation findings.

5. Interview witnesses or suspects and take statements.

6. Coordinate investigative efforts with law enforcement officers and attorneys.

7. Advise businesses or agencies on ways to improve fraud detection.

8. Gather financial documents related to investigations.

9. Conduct in-depth investigations of suspicious financial activity, such as suspected money-laundering efforts.

10. Create and maintain logs, records, or databases of information about fraudulent activity.

11. Analyze financial data to detect irregularities in areas such as billing trends, financial relationships, and regulatory compliance procedures.

12. Design, implement, or maintain fraud detection tools or procedures.

13. Lead, or participate in, fraud investigation teams.

14. Review reports of suspected fraud to determine need for further investigation.

15. Train others in fraud detection and prevention techniques.

Key knowledge areas

The following key knowledge areas help  a Syndicated Fraud Inspector execute his duties  better.

Law and Government — Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

Economics and Accounting — Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.

Customer and Personal Service — Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

Psychology — Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.

Skills

The following skills aid a Syndicated Fraud Inspector carry out his/her duties with ease ;.

Writing — Communicating effectively in writing as appropriate for the needs of the audience.

Active Listening — Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Reading Comprehension — Understanding written sentences and paragraphs in work related documents.

Speaking — Talking to others to convey information effectively.

Abilities

Oral Comprehension — The ability to listen to and understand information and ideas presented through spoken words and sentences.

Written Comprehension — The ability to read and understand information and ideas presented in writing.

Inductive Reasoning — The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

Oral Expression — The ability to communicate information and ideas in speaking so others will understand

Written Expression — The ability to communicate information and ideas in writing so others will understand.