Fremont Bancorporation
Senior Fraud Investigative Analyst
Fremont Bancorporation, Livermore, California, United States, 94551
Title: Senior Fraud Investigative Analyst
Job Location: Livermore, CA
Hiring salary range: $66,000.00 - $99,000.00 annual
Fremont Bank founded in 1964 , is one of the oldest independently owned banks in the Bay Area and is one of the top rated mid-tier banks in the nation.
Voted a Top Workplace for 2023 and for the past thirteen consecutive years,
Fremont Bank has an immediate opening for a
Senior Fraud Investigative Analyst in Livermore, CA.
Position Overview
The
Senior Fraud Investigative Analyst
conducts meticulous investigation of various potentially fraudulent transactions and develops rules to assist with early fraud detection and prevention. The Senior Fraud Investigative Analyst is responsible for evaluating the circumstances of suspected or confirmed fraud cases and handling them according to established procedures. Develops procedures to enhance fraud detection efforts; assists in calibration of fraud detection software and training of other investigative analysts.
Role and Responsibilities
Conduct ongoing monitoring of existing fraud alerts and recommend enhancements to improve fraud detection and reduce falsepositivesSupport development and implementation of new alerts and processesContact clients via phone and/or email to validate transaction activityPerform a series of reviews utilizing various tools and reports to identify potential fraudulent activities on deposit accountsDraft assessment summaries and other written investigative/intelligence products to support decisions and recommendationsAssist business partners in identifying control deficiencies that resulted in a loss or exposure identified during an investigationDevelop procedures and provide training for new team membersEscalate cases for further investigation and potential recovery to SecurityReviews high risk transactions for potential fraudulent activityComplete other duties as assignedMinimum Qualifications
4 years of risk management/fraud experience in financial industry or4 year degree with 3 years of related banking experienceWorking knowledge of research methodology of fraud and financial crime activitiesKnowledge of fraud detection, prevention, authentication strategies and techniquesExtremely detail-oriented "can do" attitude, with ability to challenge status-quo and drive innovationProblem solving and ingenuityAbility to handle a variety of tasks simultaneouslyAbility to effectively communicate with clients to resolve risk and fraud issuesSolid knowledge of state and federal bank compliance procedures and card brand operating guidelines as they relate to fraudinvestigation and analysesAbility to interpret complex documents such as federal regulations and operating guidelinesAbility to write procedure updates or implement new proceduresProficient with Microsoft Word, Excel, PowerPoint, Outlook and Internet ExplorerExcellent communicator with strong written and verbal communication skillsWillingness to be flexibleKnowledge of Verafin, Fiserv banking software, MasterCard connect and DTSKnowledge of the Check clearing and adjustment rulesKnowledge of NACHA Rules and RegulationsKnowledge of Wire related regulations and guidelinesKnowledge of MasterCard rules and regulations
Job Location: Livermore, CA
Hiring salary range: $66,000.00 - $99,000.00 annual
Fremont Bank founded in 1964 , is one of the oldest independently owned banks in the Bay Area and is one of the top rated mid-tier banks in the nation.
Voted a Top Workplace for 2023 and for the past thirteen consecutive years,
Fremont Bank has an immediate opening for a
Senior Fraud Investigative Analyst in Livermore, CA.
Position Overview
The
Senior Fraud Investigative Analyst
conducts meticulous investigation of various potentially fraudulent transactions and develops rules to assist with early fraud detection and prevention. The Senior Fraud Investigative Analyst is responsible for evaluating the circumstances of suspected or confirmed fraud cases and handling them according to established procedures. Develops procedures to enhance fraud detection efforts; assists in calibration of fraud detection software and training of other investigative analysts.
Role and Responsibilities
Conduct ongoing monitoring of existing fraud alerts and recommend enhancements to improve fraud detection and reduce falsepositivesSupport development and implementation of new alerts and processesContact clients via phone and/or email to validate transaction activityPerform a series of reviews utilizing various tools and reports to identify potential fraudulent activities on deposit accountsDraft assessment summaries and other written investigative/intelligence products to support decisions and recommendationsAssist business partners in identifying control deficiencies that resulted in a loss or exposure identified during an investigationDevelop procedures and provide training for new team membersEscalate cases for further investigation and potential recovery to SecurityReviews high risk transactions for potential fraudulent activityComplete other duties as assignedMinimum Qualifications
4 years of risk management/fraud experience in financial industry or4 year degree with 3 years of related banking experienceWorking knowledge of research methodology of fraud and financial crime activitiesKnowledge of fraud detection, prevention, authentication strategies and techniquesExtremely detail-oriented "can do" attitude, with ability to challenge status-quo and drive innovationProblem solving and ingenuityAbility to handle a variety of tasks simultaneouslyAbility to effectively communicate with clients to resolve risk and fraud issuesSolid knowledge of state and federal bank compliance procedures and card brand operating guidelines as they relate to fraudinvestigation and analysesAbility to interpret complex documents such as federal regulations and operating guidelinesAbility to write procedure updates or implement new proceduresProficient with Microsoft Word, Excel, PowerPoint, Outlook and Internet ExplorerExcellent communicator with strong written and verbal communication skillsWillingness to be flexibleKnowledge of Verafin, Fiserv banking software, MasterCard connect and DTSKnowledge of the Check clearing and adjustment rulesKnowledge of NACHA Rules and RegulationsKnowledge of Wire related regulations and guidelinesKnowledge of MasterCard rules and regulations