Fraud Risk Analyst at American Savings Bank

Honolulu, Hawaii, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Sep, 26

Salary

86900.0

Posted On

04 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fraud Investigation, SAR Filing, Risk Analysis, Regulatory Compliance, Data Analysis, Communication, Case Management, Decision Making, Organizational Skills, Reporting

Industry

Banking

Description

Primary Purpose of Job Actively engages in enterprise-wide fraud risk to reduce fraud losses. Implements regulatory requirements of the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Program, OFAC, and Customer Identification Program as they relate to fraudulent suspicious activity. Major Job Accountabilities * Evaluates risk criteria and uses the criteria to identify suspicious account activity that may be fraudulent. * Determines if blocking or closing accounts is required, and whether criteria is satisfied for reporting to regulatory agencies within regulatory guidelines. * Responsible for general administration of the fraud program, which may include reviewing, investigating, determining and closing fraud cases and alerts. * Responsible for investigating and making decisions with respect to sensitive and confidential noncustomer fraud cases. * Responsible for working with law enforcement and the bank’s legal team with regard to enforcement cases, which may include testifying about operational fraud and testifying about bank records. * Reviews case transaction reports and uses discretion to determine appropriate decisions within the bank’s risk appetite and with regard to meeting suspicious activity regulatory guidelines. * Collaborates with the BSA and Fraud data team to develop analytical reports relating to fraud prevention. Contributes to preparation of the annual risk assessment. * Collaborates on the development of fraud and fraud risk training. Coordinates, maintains and develops enhancements to various components of the bank’s enterprise fraud program. Experience Required * One (1) to three (3) years of similar or related experience in: * Investigating fraud or suspicious activity cases; * Making accurate SARs filing determinations; * Performing analysis of information/data to interpret and apply to business decisions; * Writing and presenting in a manner that effectively communicates with all levels of the organization. Required Skills or Training * Demonstrated ability to work independently, applying knowledge of policies and procedures to deliver results. * Demonstrated organizational skills and flexibility to adapt to rapidly changing priorities. * Effective communicator, demonstrated through listening, writing, and oral presentations to broad constituency groups that may include management, internal auditors, external regulators, etc. * Exercise of good judgement in making decisions related to SAR and Non-SAR determinations. EOE, including disability/veterans At American Savings Bank, we welcome and support all individuals and celebrate the diversity of our team members, customers and community. We are committed to ensuring that our online application process is accessible and provides an equal employment opportunity to all job seekers. If you need assistance searching for a job or submitting an application, please contact us by calling 808-538-2000 and a member of our Recruitment team will follow up with you. Mahalo for your interest in American Savings Bank!

Responsibilities

The role involves identifying and investigating suspicious account activity to reduce fraud losses and ensure regulatory compliance. It also includes collaborating with legal teams, law enforcement, and data teams to enhance the bank's enterprise fraud program.