Fraud Analyst

Role Description

As a Fraud Analyst, you will own day-to-day fraud detection and investigation for your assigned product line(s). You will:

• Investigate suspected fraud across the entire loan life cycle from application through loan servicing.
• Identify and document emerging typologies and fraud patterns.
• Prepare escalation and SAR referral packages for review.
• Partner with Operations, Risk, Compliance, and Legal to strengthen fraud controls across the business.

This is an opportunity for an experienced fraud professional who is energized by building investigation programs in a fast-paced, technology-driven lending environment.

How you’ll make an impact

• Own first-line fraud detection and investigation across your assigned secured lending product line(s), monitoring for suspicious activity and fraud indicators across application, origination, and servicing.
• Investigate key fraud risks and emerging typologies, including:
  • Application fraud
  • Identity fraud (true-name and synthetic)
  • Income and employment misrepresentation
  • Collateral fraud
  • Auto dealer-related fraud patterns
• Investigate product-specific fraud typologies including:
  • Occupancy misrepresentation
  • Valuation inflation
  • Undisclosed liabilities or loan stacking
• Prepare comprehensive fraud escalation and SAR referral packages for review — documenting facts, evidence, typology, and recommendations.
• Conduct early payment default (EPD) fraud file reviews — performing fraud indicator review on loans reaching 60+ days past due within 90 days of origination.
• Monitor and analyze fraud trends across origination channels, including:
  • Application fraud rates
  • Dealer-level fraud indicators
  • Geographic concentrations
  • Synthetic identity patterns
  • Channel-level risk signals
• Maintain dealer fraud scorecards (Auto) and channel-level fraud indicator tracking, including pattern-based referrals and dealer suspension triggers in coordination with Vendor Management and dealer oversight functions.
• Integrate closely with the Secured Lending QC team — triage fraud-related alerts surfaced by the QC Engine's daily monitoring output.
• Coordinate across Operations, Compliance, Legal, and Risk on fraud control enhancements, law enforcement information requests, and regulatory response support.
• Proactively identify regulatory risks related to fraud in your product line(s) and adjacent areas.
• Support examination readiness by maintaining audit-ready fraud investigation case records, typology documentation, and program evidence.

Qualifications

• 3+ years of experience in fraud investigation, fraud analytics, or financial crimes within consumer lending, banking, or a regulated financial institution.
• Bachelor's degree or equivalent practical experience.
• Experience investigating consumer lending fraud — including application fraud, identity fraud, income/employment misrepresentation, and collateral fraud.
• Experience preparing fraud investigation case documentation — fact and evidence assembly, typology analysis, and written escalation packages for compliance or legal review.
• Familiarity with SAR referral processes, 12 CFR 21.11 SAR thresholds and timelines.
• Working knowledge of BSA/AML program requirements applicable to consumer lending.
• Working knowledge of OCC enterprise fraud risk management and FFIEC BSA/AML Manual requirements relevant to fraud investigation and suspicious activity reporting.
• Experience with fraud trend analysis — application fraud rate monitoring, typology identification, channel and geographic concentration analysis.
• Ability to manage own workload, meet deadlines, and proactively communicate risk to timelines with minimal supervision.
• Strong cross-functional collaboration skills.

Requirements

• Experience investigating dealer channel fraud, including power booking, ghost down payments, straw purchases, VIN cloning, title washing, and F&I product abuse.
• Experience maintaining dealer-level fraud scorecards and pattern-based dealer monitoring or suspension workflows.
• Experience investigating collateral fraud typologies in home equity lending.
• Familiarity with CIP/CDD execution requirements and fraud red flags in account draw activity and maintenance.
• Experience identifying fraud indicators across income, identity, appraisal, and title documentation within origination files.
• Certified Fraud Examiner (CFE) designation or active progress toward CFE certification.
• Experience with fraud metrics reporting to management committees.
• Familiarity with EPD review processes and OCC fraud loss classification requirements.
• Ability to translate investigation findings into structured, examination-ready documentation.
• Collaborative approach to working across fraud, compliance, legal, and quality control functions in a fast-paced fintech environment.

Benefits

• Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly.
• Retirement benefits, including a 401(k) with a company match of $2 for every $1 contributed, up to $15,000 annually.
• Employee Stock Purchase Plan (ESPP) with discounted stock purchase options for eligible employees.
• Comprehensive health coverage, including medical, dental, vision, and wellness resources.
• Health Savings Account contributions for eligible plans.
• Income protection benefits, including life insurance and disability coverage.
• Paid time off, sick leave, and company holidays.
• Paid family and parental leave to support caregiving and major life moments.
• Family-centered benefits to support fertility, parenthood, and caregiving needs.
• Employee Assistance Program (EAP) offering mental health support and life-centered resources.
• Financial wellness resources, including access to financial planning tools.
• Annual wellness allowance to support your physical and emotional well-being.
• Annual productivity allowance to invest in relevant tools and resources.
• Connection and community through team events and employee resource groups (ERGs).
• Onsite perks, including catered lunches and fully stocked micro-kitchens.