Financial Crimes Analyst at CoBank

Greenwood Village, Colorado, United States -

Full Time

Start Date

Immediate

Expiry Date

18 Jul, 26

Salary

71100.0

Posted On

19 Apr, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fraud investigation, Anti-fraud program monitoring, Transaction analysis, OFAC compliance, Risk management, Banking regulations, Financial analysis, Data reporting, System testing, Customer communication, Business continuity, Cash management

Industry

Banking

Description

Benefits Overview A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best! Benefits Offered by CoBank Careers with a purpose Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays Competitive Compensation & Incentive Hybrid work model: flexible arrangements for most positions Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance Robust associate training and development with CoBank University Tuition reimbursement for higher education Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution Associate Resource Groups: creating a culture of respect and inclusion Recognize a fellow associate through our GEM awards Job Description Investigates, resolves and monitors the bank's Anti-Fraud Program, including the bank's cash management platform, and provides critical support to customers by managing all suspected fraud from initial detection to confirmed fraud. Supports the financial crimes compliance group in analyzing and evaluating different transaction types for fraudulent characteristics, investigating and evaluating suspicious factors, and researching companies and individuals. Assists in managing initial high-risk alerts for the Office of Foreign Assets Control (OFAC) reviews, and escalates to OFAC lead as appropriate. Essential Functions Conducts daily monitoring of LIVE transactions for fraudulent characteristics and evaluates and escalates urgent requests and fraud incidents to appropriate leadership. Communicates suspicious transaction concerns to customers, associations, and internal CoBank Groups. Evaluates, investigates and resolves initial high-risk transaction alerts for OFAC sanctions. Tracks summary reports, participates in team discussions and provides recommendations based on daily findings.. Supports internal CoBank system upgrades and/or testing, including annual business continuity system testing. Monitors the Fraud group email box, phone queue, voicemail, and responds as needed. Provides guidance to other departments regarding Fraud questions and transactions. Education Bachelor's Degree in accounting, finance, business or other relevant discipline required Bachelor's degree may be substituted with four years of related experience (four years is in addition to what is minimally required for the role), or an equivalent combination of education and related experience. Work Experience 1 year of experience, preferably in banking or financial services, fraud or risk management required Physical Exertion Details Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met. Travel Requirement Details Occasional Travel occurs infrequently (typically, once a month or less). About CoBank The typical base pay range for this role is between $61,300 - $71,100. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance. The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law. CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore. REASONABLE ACCOMMODATION We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time. CoBank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

Responsibilities

The analyst investigates and monitors the bank's Anti-Fraud Program, managing suspected fraud from detection to resolution. They also evaluate high-risk transactions for OFAC compliance and provide guidance to internal departments regarding fraud concerns.