Fraud Analyst I at MERITRUST CREDIT UNION

Wichita, Kansas, United States -

Full Time

Start Date

Immediate

Expiry Date

08 Apr, 26

Salary

28.61

Posted On

08 Jan, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fraud Detection, Analytical Skills, Problem-Solving Skills, Communication Skills, Attention To Detail, Collaboration, Microsoft Office Suite, Data Analytics

Industry

Banking

Description

Job Details Level: Experienced Job Location: Wichita, KS 67202 Position Type: Full Time Education Level: High School Salary Range: $22.89 - $28.61 Hourly Travel Percentage: Negligible Job Shift: Day Job Category: Banking We recognize that in order to meet the needs of our communities, we must represent our communities. Our success relies on creating a culture where we have diverse perspectives and a true sense of belonging. This is a journey, and we pledge to do more than simply check the box. When you join the Meritrust team, your benefits will include: Comprehensive medical insurance plan Dental and vision insurance Generous paid-time-off 12 paid holidays 401(k) plan Wellness program Tuition assistance Employee loan discount Employee Assistance Program (EAP) Life and disability coverage What sets working for Meritrust apart? Career development and pathing opportunities to move into leadership roles or other lines of business within MCU such as Commercial Lending, Finance, Marketing, Underwriting, Member Solutions, Training, Human Resources, and more. Supportive and engaging work environment. A wellness and sustainable work culture that puts family, Mother Nature, our community, and your health first. A work environment that encourages personal as much as professional growth, teamwork to make the dream work, and treating everyone equally. Studies have shown that individuals from marginalized and or historically underrepresented groups may be less likely to apply for jobs unless they meet every one of the qualifications listed. We are most interested in finding the best candidate for the job. We would encourage you to apply for a job at Meritrust Credit Union, even if you don’t meet every one of our qualifications listed. This is a full-time position working 40 hours a week, Monday-Friday 8:00am - 5:00pm. POSITION SUMMARY: Responsible for analysis of the credit union’s business functions to ascertain the probable areas of fraud. Utilizes various monitoring systems to execute countermeasures designed to identify questionable member transaction patterns indicative of fraud scenarios. Provides clear communication and detailed information for fraud cases. Maintains a balanced perspective to ensure that the credit union brand and a high level of member experience are maintained. ESSENTIAL FUNCTIONS: • Perform a series of reviews utilizing various tools and reports to identify potential fraudulent activities on new and existing member accounts • Thoroughly research/investigate incidents and/or allegations of fraud and ensure confidentiality of all information collected during investigation. • Provides detailed incident information in all case notes for further evaluation by Fraud Analyst II, Fraud Analyst III, and Fraud & BSA Manager. • May assist in identify emerging fraud trends and develop recommendations based on data analytics to detect and prevent future fraud events • Executes complex countermeasures and various mitigation strategies to avoid/minimize losses to the credit union and members • Keeps management informed of area activities and significant problems. Provides suggestions for improved policies, procedures and practices as it pertains to risk management and fraud prevention • Maintain, monitor, and update all risks in area of responsibility in fraud software • Ensures that assigned department functions are completed in accordance with Credit Union policies and procedures. • Maintains member confidentiality • Live our mission and corporate philosophy on a daily basis: Build Relationships and Add Value Everyday -B.R.A.V.E. • Responsible for related duties as required or assigned. Final Compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, and internal pay equity. We anticipate this position to close within 30 days of posting. Please submit your application at your earliest convenience to be considered. You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Meritrust Credit Union, we encourage you to apply! Thank you for your interest in Meritrust Credit Union. Qualifications EDUCATION/CERTIFICATION: • High School diploma, or GED or equivalent combination of formal training and experience REQUIRED KNOWLEDGE: • Must be familiar with fraud detection concepts and practices • Familiarity with FiServ DNA framework and systems a plus EXPERIENCE REQUIRED: • A minimum of one year up to three years of similar or related experience, including preparatory experience. Preference will be given to candidates with one year or more FiServ DNA experience SKILLS/ABILITIES: • Proven analytical and problem-solving skills • Self-driven with an ability to work independently • Excellent verbal and written communication skills • Well organized and attentive to detail • Ability to collaborate with individuals outside of fraud area • Proficient in Microsoft Office Suite • Able to use a PC and related software applications • 10-key, telephone, and other basic business equipment WORKING CONDITIONS: • Standard office conditions • Low to moderate noise • Limited lifting up to 10 lbs. This description has been reviewed to ensure that only essential functions and basic duties have been included. Peripheral tasks, only incidentally related to each position, have been excluded. Essential functions, requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. In no instance, however, should the duties, responsibilities, and requirements delineated be interpreted as all-inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate. In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization. The Credit Union believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors. Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law. This Job Description is not a complete statement of all duties and responsibilities of this position and may change with or without notice.

Responsibilities

The Fraud Analyst I is responsible for analyzing business functions to identify potential fraud areas and executing countermeasures to detect questionable transaction patterns. The role involves thorough investigation of fraud incidents and maintaining confidentiality while providing detailed information for further evaluation.