Senior Fraud Risk Investigator

Responsibilities Researches potential fraud and communicates possible solutions. Verify potential fraud On Us Checks, Deposit and ACH as identified in the Bank’s Fraud Detection System identifies high risk transactions with customer and/or business portfolios. Communicates fraudulent transactions with Management. Notify branch operations on any questionable items to obtain approval. Review and identify any unusual or suspicious activity to determine any potential losses. Monitors customer and transactional records to identify unauthorized transactions and fraudulent accounts. Ensure confidentiality of all information collected during investigations. Maintain all Fraud Logs up to date for management and accounting purposes. Track and retain return data for future reference and reporting. Interacts with the bank and customers to validate information and confirm or cancel authorizations. Monitor status of Online Interfaces to ensure all communications lines are functional and resolve any problems with appropriate vendors. Perform end-of-day balancing with Federal Reserve, Core Deposits system, and foreign exchange correspondent relationship. Research and resolve wire validation errors. Requirements 2 Year / Associate's Degree in Accounting preferred; additional experience may be considered in lieu of degree. Required 5 years of banking operations experience. Knowledge of investigative procedures and processes. Knowledge of banking standards, practices and procedures. Ability to utilize fraud detection software. #J-18808-Ljbffr