Fraud Analyst

Cash & Trade Proc Assoc Analyst 2 Intro The Cash & Trade Proc Assoc Analyst 2 is an entry-level role responsible for supporting cash management projects and initiatives in coordination with the Transaction Services team. The primary objective is to manage multiple complex transaction types from start to finish, including escalation when necessary. This position is crucial in handling fraud investigations and regulatory reporting, requiring a solid understanding of fraud and reputational risk. Cash & Trade Proc Assoc Analyst 2 Job Details - Liaise with other business units to detect fraud effectively. - Monitor cases of existing accounts with fraudulent wire activity. - Escalate suspicious cases to the investigation unit by providing all relevant information to prevent loss to the client. - Ensure all case details are provided for accurate reporting. - Review detailed fraud detection information from various sources that indicate suspect or unusual activity requiring research and follow-up. - Provide prompt and appropriate action on identified suspect customers and accounts. - Draft narratives and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements. - Manage cases, providing detailed evidence and all supporting documentation. - Adhere to all processes, procedures, compliance rules, and regulations, applying sound ethical judgment regarding personal behavior, conduct, and business practices, and escalating, managing, and reporting control issues with transparency. - Maintain a high level of productivity and accuracy. - Perform other duties as assigned or needed. Cash & Trade Proc Assoc Analyst 2 Mandatory Skills - Four Year College Degree or equivalent experience. - Minimum 1-5 years of experience in reviewing customer transactions and information for identifying potentially suspicious activity and fraud reviews/investigations. - Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements preferred. - Work experience in a financial institution with job-specific work experience in Fraud Monitoring. - Excellent accuracy and strong attention to detail. - Good organizational skills - ability to multitask and prioritize. - Excellent organizational and time management skills. - Excellent research skills, including experience with online search tools, such as but not limited to KYC, Cognos. - Advanced proficiency in Microsoft Word, Excel, Access, and Outlook. - Strong attention to detail and follow-up skills. - Strong writing, analytical, and communication skills. Must be able to multitask and complete projects on time. - Ability to understand and draw conclusions from research conducted. - Should be a self-starter, organized, and must have the ability to work independently, without supervision. Cash & Trade Proc Assoc Analyst 2 Desired Skills - Experience with accessible teamwork and problem-solving. - Strong communication skills. Cash & Trade Proc Assoc Analyst 2 Start Date ASAP Cash & Trade Proc Assoc Analyst 2 Location New Castle, DE, United States. Hybrid position with in-office requirements.

Created: 2024-11-19