Fraud Analyst I

Responsibilities, Duties, and Accountabilities:

• Review payment channels in a fast-paced environment generated by Bank fraud monitoring products and rapid decision fraud alerts.
• Investigate and research cases and potentially suspicious situations; efficiently arrive at sound risk-based conclusions to minimize fraud losses.
• Clearly document and support judgments, decisions, and rationale, which will necessitate strong writing skills and the ability to maintain files and records under business unit standards.
• Prepare regulatory and investigative reports (SARs).
• Identify fraud trends and communicate observations to management.
• Maintain and update the case management system for tracking fraud cases and relevant information.
• Work closely and collaboratively with members of the Fraud Department.
• Provide advisory guidance in fraud prevention techniques and best practices for both internal and external clientele.
• Identify internal procedural violations and recommend actions to mitigate reoccurrence.
• Demonstrate sound judgment and decision-making in the context of regulatory requirements, Bank policies, and industry best practices.
• Apply project management and organization skills to a variety of tasks; demonstrating flexibility and problem-solving skills.
• Possess proficiency in understanding banking products and workflows, especially payment systems (check, wire, ACH, and online banking).

Job Type: Contract

Salary: $15.42 - $30.00 per hour

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Experience:

• Fraud: 4 years (Required)
• Microsoft Excel: 1 year (Preferred)
• SAP Finance & Controlling: 1 year (Preferred)
• ACH: 1 year (Required)
• Checks: 1 year (Required)
• Wire: 1 year (Required)
• Online banking: 1 year (Required)
• Fraud Analysis: 1 year (Required)
• Fraud Detection: 1 year (Required)
• Financial crime: 1 year (Required)

Work Location: Remote