5+ years of experience in financial fraud detection and investigations
In-depth knowledge of fraud typologies and banking operations
Experience with data analysis tools and fraud detection software (Verafin preferred)
Strong analytical, investigative, and communication skills
Excellent interpersonal skills with clear verbal and written communication
Responsibilities
Manage daily analysis of fraud-alerted transactions to detect suspicious activity
Research account histories and make quick decisions on account actions
Lead fraud investigations and compile regulatory documentation
Interface with clients, financial institutions, and law enforcement
Track fraud losses and maintain audit trails within fraud analytics software
Monitor industry trends to update training resources and fraud strategies
Maintain confidentiality while managing multiple tasks independently and collaboratively
Benefits
Opportunity to lead and implement company-wide fraud prevention strategies
Engagement with various stakeholders including law enforcement and financial institutions
Access to professional development through industry webinars and conferences
Work in a collaborative environment with a focus on compliance and audit readiness
Potential for career advancement in a critical area of financial security
Full Job Description
The Senior Fraud Analyst is responsible for reviewing account transaction activity, detecting, investigating, and mitigating fraudulent activities like identity theft, scams, and unauthorized transactions. They protect company and customer assets by monitoring accounts, assessing risk, and collaborating with internal teams, financial institutions, and law enforcement agencies while leading and implementing company-wide fraud prevention strategies.
Key Responsibilities
Manage daily analysis of fraud-alerted transactions (including ACH, check, wire, identity theft, and account takeover) to detect suspicious activity.
Research account histories, gather evidence, and make quick decisions to freeze accounts, reverse charges, or escalate alerts to active fraud cases.
Lead fraud investigations, utilize specialized applications to prevent bank/client losses, and compile regulatory documentation.
Interface with clients, financial institutions, attorneys, and law enforcement. Work with the Fraud Manager and CCO to ensure compliance and audit readiness.
Track fraud losses, maintain audit trails, and log case data within fraud analytics software and core systems.
Monitor industry trends via webinars and conferences to update internal training resources and fraud strategies.
Maintain strict confidentiality while handling multi-task demands both independently and collaboratively.
Education and Experience
College degree preferred.
5+ years of experience handling financial fraud detection, fraud monitoring, and fraud investigations required.
In-depth knowledge of fraud typologies, banking operations, and financial regulatory requirements.
Experience with data analysis tools and specialized fraud detection software (Verafin preferred).
Excellent analytical, investigative, and communication skills.
Excellent interpersonal skills: including use of professional and clear verbal communication and writing skills.
Physical Requirements & Working Conditions
Ability to travel to branches, off-site training, and/or meetings required
Lobby/professional office environment with moderate sound.
