Fraud Analyst, Pittsburgh (Hybrid)
Job Description
The Security Analyst will conduct routine to complex Fraud and Anti Money Laundering (AML) investigations that generate investigative information relative to current and/or prospective customers and will interpret and analyze information gathered from numerous databases and other sources to identify "red flags" that prompt further inquiry.
Education and Experience Requirements:
ā¢ Bachelor's degree in criminal justice or related major focusing on research and analysis required OR commensurate experience.
ā¢ Internship experience in data analytics or criminology field preferred.
ā¢ One (1) year of investigative experience preferred.
ā¢ Solid understanding of Financial Fraud Investigations and AML/BSA regulations preferred.
Knowledge, Skill, and Ability Requirements:
ā¢ Working knowledge in Microsoft Office with emphasis in Excel and Word. The ability to proficiently and effectively navigate multiple software systems simultaneously.
ā¢ Excellent written and verbal skills are necessary to interact and communicate with various levels of internal and external clients.
ā¢ Must be able to effectively work independently or in a team environment.
ā¢ Excellent time management and organizational skills with the ability to manage and prioritize multiple tasks to meet deadlines.
ā¢ Strong problem-solving skills. Possess the ability to compile, review, and analyze information and data, and make independent decisions. Must be able to differentiate and transition from proactive problem identification to root cause analysis.
ā¢ Candidate must be able to demonstrate, either through coursework or work experience, the ability to analyze data and make recommendations based upon deductive reasoning.
Essential Functions:
ā¢ Works on cases generated by the Bank's fraud and Anti Money Laundering software by reviewing, analyzing account data and complex transactions. Work is queued on the fraud detection software, and discretion and independent judgment are required.
ā¢ Exercises awareness with regard to suspicious activity, money laundering, or fraudulent behavior as it relates to cash transactions and overall transaction activity.
ā¢ Preparation of Suspicious Activity Reports (SARs) and organization of case data and other supporting documentation.
ā¢ Performs analysis of check fraud losses to identify changes in fraud behavior and opportunities to reduce losses.
ā¢ Understands industry trends, fraud type trends, and the operational impact to fraud losses.
ā¢ Provides analytical support for routine to complex reporting mechanisms as well as department case and investigative support.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by Dollar Bank's risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Benefits Information
Full-time employees are eligible for a comprehensive benefits package including medical, dental, vision, 401(k) with immediate vesting, tuition reimbursement, and gym membership reimbursement.
Part-time employees qualify for 401(k) with immediate vesting, tuition reimbursement, and gym reimbursement.
For more information, please visit http://www.dollar.bank/company/careers/benefits.
The Security Analyst will conduct routine to complex Fraud and Anti Money Laundering (AML) investigations that generate investigative information relative to current and/or prospective customers and will interpret and analyze information gathered from numerous databases and other sources to identify "red flags" that prompt further inquiry.
Education and Experience Requirements:
ā¢ Bachelor's degree in criminal justice or related major focusing on research and analysis required OR commensurate experience.
ā¢ Internship experience in data analytics or criminology field preferred.
ā¢ One (1) year of investigative experience preferred.
ā¢ Solid understanding of Financial Fraud Investigations and AML/BSA regulations preferred.
Knowledge, Skill, and Ability Requirements:
ā¢ Working knowledge in Microsoft Office with emphasis in Excel and Word. The ability to proficiently and effectively navigate multiple software systems simultaneously.
ā¢ Excellent written and verbal skills are necessary to interact and communicate with various levels of internal and external clients.
ā¢ Must be able to effectively work independently or in a team environment.
ā¢ Excellent time management and organizational skills with the ability to manage and prioritize multiple tasks to meet deadlines.
ā¢ Strong problem-solving skills. Possess the ability to compile, review, and analyze information and data, and make independent decisions. Must be able to differentiate and transition from proactive problem identification to root cause analysis.
ā¢ Candidate must be able to demonstrate, either through coursework or work experience, the ability to analyze data and make recommendations based upon deductive reasoning.
Essential Functions:
ā¢ Works on cases generated by the Bank's fraud and Anti Money Laundering software by reviewing, analyzing account data and complex transactions. Work is queued on the fraud detection software, and discretion and independent judgment are required.
ā¢ Exercises awareness with regard to suspicious activity, money laundering, or fraudulent behavior as it relates to cash transactions and overall transaction activity.
ā¢ Preparation of Suspicious Activity Reports (SARs) and organization of case data and other supporting documentation.
ā¢ Performs analysis of check fraud losses to identify changes in fraud behavior and opportunities to reduce losses.
ā¢ Understands industry trends, fraud type trends, and the operational impact to fraud losses.
ā¢ Provides analytical support for routine to complex reporting mechanisms as well as department case and investigative support.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by Dollar Bank's risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Benefits Information
Full-time employees are eligible for a comprehensive benefits package including medical, dental, vision, 401(k) with immediate vesting, tuition reimbursement, and gym membership reimbursement.
Part-time employees qualify for 401(k) with immediate vesting, tuition reimbursement, and gym reimbursement.
For more information, please visit http://www.dollar.bank/company/careers/benefits.