Fraud Specialist
Location: Midland, Texas, College Station, TX, or Tampa, FL - (Only one position at only one of these three markets)
Reports to: Chief Administrative Officer
Job duties to include:
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Transaction Monitoring: Reviewing financial transactions to identify suspicious or unusual activities using various fraud detection tools.
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Investigate Fraud Cases: Track reported fraud, analyze data, gather evidence, and conduct associate interviews.
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Collaborate with Teams: Work with law enforcement, the Bank Security Officer, and other departments to resolve cases.
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Report Findings: Prepare management reporting detailing investigations, to include outcomes (losses or recoveries) and recommendations for improving security measures.
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Risk Assessment: Identify vulnerabilities in the Bank’s systems and implement measures to mitigate risks. Develop and conduct a formal risk assessment
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Training and Awareness: Develop, implement, and educate staff on fraud detection and prevention techniques to enhance organizational vigilance. Assist Marketing Support with the development of client training and fraud alerts.
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Other duties as assigned
These tasks require a professional with strong analytical skills, the ability to work independently with critical decision-making skills, attention to detail, and an understanding of financial systems.
Key Qualifications:
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Electronic Banking product background and experience (Online Banking, ACH, wire transfer, positive pay and Remote Deposit Capture)
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Check Clearing and check fraud background and experience
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Excellent verbal and written communication skills
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Strong knowledge of Regulations E and CC
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Ability to develop strong working and consultative relationships and interact well with Bank associates at all levels
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Excellent time management and organizational skills
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Demonstrate flexibility, versatility, commitment, and good judgment
Education and/or Experience:
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Undergraduate Degree and/or minimum 5+ years of related banking experience; and
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Certified Fraud Examiner (CFE) designation is desired.
