Fraud Analyst

Fraud Analyst

An anti-money laundering opportunity in financial services is available with Osaic. This position is located at one of our hubs in Atlanta, La Vista, Oakdale, Scottsdale, or St. Petersburg and requires a minimum of 4 days weekly in the office. Role type: Full-time. Salary: $65,000 - $75,000 per year + annual bonus.

Summary: We are seeking a highly motivated and detail-oriented Fraud Analyst to join our AML Fraud team. This individual will be responsible for investigating and documenting potentially fraudulent activity impacting client accounts and the Firm.

Responsibilities:

• Investigate potentially fraudulent activity identified through internal monitoring systems, alerts, referrals, or escalations from business units.
• Conduct comprehensive investigations involving account takeovers, identity theft, elder exploitation, check fraud, ACH and wire fraud, unauthorized trading, social engineering, and other financial crimes.
• Gather, analyze, and document evidence from internal and external sources to determine the nature and extent of suspicious or fraudulent activity.
• Prepare clear, accurate, and detailed case documentation, investigation summaries, and referrals in accordance with Firm procedures.
• Work closely with Financial Advisors, supervisors, operations teams, cybersecurity teams, clearing firms, and clients to obtain information and resolve investigations.
• Identify emerging fraud trends, typologies, and control weaknesses and escalate concerns appropriately.
• Recommend actions to mitigate client impact, reduce Firm risk exposure, and prevent future fraud events.
• Support regulatory, legal, and internal inquiries related to fraud investigations.
• Maintain a high degree of confidentiality while handling sensitive client and Firm information.
• Ensure investigations are completed within established service level agreements and regulatory requirements.
• Stay current on fraud schemes, industry trends, and applicable regulatory requirements.
• Participate in fraud prevention initiatives, process improvements, and special projects.
• Perform other duties as assigned.

Basic Requirements:

• 5+ years of experience in financial services, fraud investigations, risk management, compliance, AML, or a related field.
• Experience conducting investigations involving financial fraud, account compromise, identity theft, or other financial crimes.
• Strong analytical, critical thinking, and problem-solving skills.
• Excellent written and verbal communication skills.
• Experience documenting investigations and preparing detailed case summaries.
• Ability to assess risk, identify patterns, and make sound investigative decisions.
• Knowledge of fraud detection tools, case management systems, and monitoring platforms.
• Strong organizational skills with the ability to manage multiple investigations simultaneously.
• Ability to work independently while collaborating effectively with colleagues across various business units.
• General understanding of SEC, FINRA, and Firm-specific regulations applicable to broker-dealers and advisory businesses.

Preferred Requirements:

• Certified Fraud Examiner (CFE) designation preferred.
• CAMS, CFCS, or other financial crime certification preferred.
• FINRA Series 7 license is a plus.
• Experience investigating fraud in a broker-dealer, investment advisory, banking, or clearing firm environment.
• Knowledge of retail brokerage operations, advisory accounts, and investment products including stocks, bonds, mutual funds, ETFs, annuities, and alternative investments.
• Experience with fraud monitoring, case management, or transaction surveillance systems.
• Knowledge of account takeover trends, cybersecurity-related fraud schemes, and financial crime typologies.

Key Competencies:

• Investigative mindset
• Attention to detail