Fraud Analyst I

About The Position As the Fraud Analyst you will be responsible for the proactive monitoring of new and existing customer account relationships to prevent or minimize financial, reputational, and financial crimes risk to the Bank. You will review alerts in the Bank’s BSA/AML/Fraud and Sanctions monitoring software system(s) to identify potentially suspicious and fraudulent activity. You will also provide support to the Bank Secrecy Act (BSA) area for anti‑money laundering (AML), and OFAC compliance. What You Will Do Reviews and researches new customer account applications referred by internal Bank departments to identify fraudulent account applications. Researches, documents, and closes and/or escalates assigned alerts in the Bank’s BSA/AML/Fraud and Sanctions compliance monitoring software within documented time frames. Responsible for customer account reviews, ensuring compliance with CIP, CDD and Beneficial Ownership regulations; perform EDD on designated customer account relationships. Reviews various reports to identify fraudulent or suspicious activities, including but not limited to daily and monthly large cash reports, daily return deposit items reports, daily ACH account verification transactions. Assists in reviewing new accounts for compliance with CIP, CDD, and Beneficial Ownership regulations. Acts as a resource for fraud related issues with other Bank departments. Performs other duties as assigned. What We’re Looking For A minimum of two years of front line or operational banking experience, or two years in a fraud related role in another industry (e.g., previous investigative experience in financial crimes) required. A high school education is required. Ability to clearly articulate and explain findings verbally and in writing. Working knowledge of basic financial transactions and terminology (e.g., ACH transfers, wires, etc.) and the ability to differentiate between these transactions. Microsoft Office experience required. Working Conditions/Demands Professional office setting. Primarily sedentary position requiring long periods of time working at a computer. Must be able to move throughout the office and buildings to obtain or relay information. Must be able to perform the essential functions of the position with or without reasonable accommodation. Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities. #J-18808-Ljbffr