Fraud Analyst
Flushing Bank

Uniondale, New York

This job has expired.


Description of Work:

The Fraud Analyst specializes in researching and analyzing customer account activity, identifying irregular patterns; recognizing potential cases of fraud and to prevent future fraud.

.

Major Duties and Responsibilities:

  • Leverage data analytics to uncover patterns, trends abd insights to mitigate and prevent fraud.
  • Apply strong analytical skills in the assessment of fraud and transactional data.
  • Exercise good judgement to independently resolve problems that require in depth investigation and/or research.
  • Utilize fraud detection software to manage fraud investigations.
  • Interview and elicit information from customers and/or staff to resolve questions.
  • Complete fraud case investigations, including but not limited to writing reports and documenting evidence and findings.
  • Track monetary fraud exposure for each case assigned including but not limited to potential loss, prevented loss, actual loss, and recovered loss.
  • Create Suspicious Activity Reporting (SAR) narratives for cases in which regulatory reporting is applicable.
  • Maintain adherence to alert and case timeframes as defined by bank policy and procedures.
  • Perform quality assurance reviews on peer work output.
  • Builds and maintains relationships between outside departments, cultivating a culture of collaborations, transparency and mutual success.
  • Leverage knowledge of information acquired to identify potential process gaps and opportunities for improving effectiveness of controls and processes
  • Stays abreast of changing fraud patterns or regulations in the field.
  • Assists with authoring procedures relating to fraud monitoring.

Non-Essential Responsibilities:
  • Perform other related functions as required by manager.

Minimum Qualifications:
  • Bachelor's degree in finance/ related field or equivalent experience and minimum 2 years' Retail Banking/ Risk Management experience
  • 1 year previous e-commerce fraud prevention, investigation, or retail fraud prevention experience.
Knowledge, Skills and Abilities:
  • In depth knowledge of bank operations and procedures required.
  • Advanced knowledge of banking operations, including check, ACH, Merchant Capture, wire, and other payment channel operating rules.
  • Self-starter with demonstrated ability to work both independently and efficiently.
  • Outstanding time management and interpersonal skills, and the ability to work with all levels in the organization.
  • Possess excellent oral and written communication skills.
  • Requires the discretion to handle highly confidential and sensitive material.
  • Must be organized, detail oriented; exhibit flexibility and willingness to work at rapid pace.
  • Excellent critical thinking and problem-solving skills.
  • Proficient in Microsoft Office (i.e., Excel, Word, PowerPoint, and Outlook) with an aptitude for learning other systems.
  • Experience with Verafin Fraud and BSA/AML software is preferred.
  • Finds a high-volume, dynamic, and team-focused environment engaging.

EOE, including disabled and veterans

Other details
  • Pay Type Salary
Apply Now

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  • Uniondale, NY, USA


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