Our Certified Fraud Examiner job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Certified Fraud Examiner role
A Certified Fraud Examiner (CFE) is a professional who is trained and certified to detect and prevent fraud. They use a variety of investigative techniques to uncover fraudulent activities, identify perpetrators, and provide recommendations for corrective action. CFEs must have a detailed knowledge of accounting and auditing practices, as well as a thorough understanding of the law. They can work in a variety of settings, from the corporate world to government and law enforcement.
Role Purpose
The purpose of a Certified Fraud Examiner (CFE) is to detect, investigate, and prevent fraud. A CFE is expected to identify possible fraud risks, develop and execute investigative strategies, and manage the detection and reporting of fraud. A CFE also assists in developing fraud prevention and detection programs, provides guidance for organizations on fraud-related matters, and assists in the preparation of reports and other documents to support the investigation. Additionally, the CFE may provide expert witness testimony in legal proceedings.
Certified Fraud Examiner Summary
A Certified Fraud Examiner (CFE) is responsible for identifying, investigating, and deterring fraud and other financial crimes. They conduct audits and analyses of financial records and transactions to detect irregularities, investigate suspected fraud, and develop strategies for preventing future fraud. The CFE is also responsible for gathering and analyzing evidence, preparing reports, and testifying in court if the case goes to trial. The CFE must have strong analytical, investigative, and communication skills, as well as an in-depth knowledge of accounting, auditing, and financial analysis.
Certified Fraud Examiner Duties
- Investigate and analyze financial records to detect fraudulent activity
- Evaluate internal controls and recommend improvements
- Prepare detailed reports of findings
- Identify and evaluate potential risks and losses
- Testify in court regarding discovered frauds
- Provide expert advice and guidance on fraud prevention
Certified Fraud Examiner Skills
- Analyzing financial statements and documents
- Investigating fraud allegations
- Conducting interviews
- Preparing expert reports and testifying in court
- Assisting lawyers and other legal professionals
Certified Fraud Examiner Requirements
- Bachelor's degree in accounting, finance, business, or related field
- Experience in fraud examination and/or auditing
- Knowledge of fraud detection techniques and best practices
- Certified Fraud Examiner (CFE) credential
- Excellent analytical and organizational skills
Personal Traits
- Strong analytical skills
- Excellent communication and organizational skills
- Ability to work independently and collaboratively
- Ability to think critically and work under pressure