Senior Fraud Prevention Specialist at Honda Federal Credit Union

Torrance, California, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Dec, 25

Salary

0.0

Posted On

20 Sep, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fraud Prevention, Data Analytics, Risk Assessments, Regulatory Compliance, Fraud Investigations, Communication, Attention to Detail, Case Management, Collaboration, Trend Analysis, Financial Crimes Enforcement, Fraud Detection Tools, Training, Problem Solving, Microsoft Office, Relationship Building

Industry

Financial Services

Description

What Makes a Honda, is Who makes a Honda Honda has a clear vision for the future, and it’s a joyful one. We are looking for individuals with the skills, courage, persistence, and dreams that will help us reach our future-focused goals. At our core is innovation. Honda is constantly innovating and developing solutions to drive our business with record success. We strive to be a company that serves as a source of “power” that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize “the joy and freedom of mobility” by developing new technologies and an innovative approach to achieve a “zero environmental footprint.” We are looking for qualified individuals with diverse backgrounds, experiences, continuous improvement values, and a strong work ethic to join our team. If your goals and values align with Honda’s, we want you to join our team to Bring the Future! Job Purpose The Compliance Department reviews regulatory announcements, identifying those that affect the Credit Union's business. The Senior Fraud Prevention Specialist will join the Compliance Department under the direction of the Compliance Manager. The Senior Fraud Prevention Specialist is responsible for identifying high-risk transactions, researching suspicious activity and communicating with the Compliance Specialist for appropriate reporting. Position will help protect Members from unauthorized activity and limit the financial loss to both members and the credit union. Maintains current knowledge of the Fraud Prevention area’s unique attributes and Member needs. The Senior Fraud Prevention Specialist will partner with business units across the Credit Union to strategically and tactically drive first lineof defense fraud detection, prevention, and mitigation analytics, tools, techniques, and controls, and recommend correction items in response to loss or high risk events and risk-based transaction monitoring. Performs investigations and collaborates with appropriate business partners and local, state, and federal authorities and various trade associations. Key Accountabilities Monitors accounts for elder abuse or fraud, new accounts fraud, deposit fraud, loan fraud, check fraud, account takeover fraud and all other fraud-related activity across the organization. Initiates appropriate action when fraud is observed to prevent further loss to the Credit Union and/or the Member. Direct contact with members as necessary. Conducts complex routine fraud investigations to mitigate fraud losses across multiple payment channels. Manages cases by accurately inputting data required for the processing of all fraud cases in a timely manner; proactively identifying trends or patterns of activity related to fraud cases and escalating as appropriate; and communicating with leadership regarding irregularities or errors in case handling with root cause analyses. Assists other departments with questions/concerns regarding suspicious activity or fraud, and provides guidance to team members as to appropriate course of action. Expeditiously gathers all required data pertaining to fraudulent activity and collaborates with the Compliance Specialists for prompt reporting of potential submissions to Financial Crimes Enforcement Network (FinCEN) as per regulatory guidelines. Assists in maintenance, design and implementation of existing and new fraud detection tools to minimize any urgent real-time threats or ongoing fraud incidents. Will assist with validation testing for various departmental risk processes and technological upgrades. Develops and maintains affiliations/relationships with local, state, and federal authorities, as well as fraud investigation associations and fraud department contacts at other financial institutions. Presents investigative findings/reporting to the Compliance Manager identifying business and risk areas. Maintains detailed case information within the case management system for all investigations. Works on multiple investigations simultaneously, while maintaining an exceptional attention to detail, and prioritizes based on business needs and urgency. Provides accurate reporting and recommendations based on identified areas of control weakness and/or deficiencies in the Credit Union's daily operations. Attends external fraud investigation training, conferences, and seminars to improve knowledge of fraud trends affecting financial institutions. Stays up to date and complies with State and Federal laws and regulations (including but not limited to BSA, AML, OFAC, Regulation CC, D, E and Z) in performing daily functions. Qualifications, Experience, and Skills College degree in business or related field or equivalent Knowledge. Certified fraud examiner (cfe) preffered. Five to seven years’ experience with fraud loss pevention, data analytics, risk assessments, risk mitigation/management tools that include regulatory compliance within the financial services industry. Experience with verafin, symitar episys, akcelerant, synapsys, Meridianlink, mortgagebot. Advanced proficiency with microsoft office applications. Ability to identify gaps and risk exposure in control processes. Ability to communicate effectively verbally and in writing Working Conditions Work Environment - California based position with 50% remote work and 50% in-office work. Overtime may be required, as necessary. Travel may be required, as necessary for training and/or conferences and seminars. What differentiates Honda and make us an employer of choice? Total Rewards: Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.) Paid Overtime Regional Bonus (when applicable) Industry-leading Benefit Plans (Medical, Dental, Vision, Rx) Paid time off, including vacation, holidays, shutdown Company Paid Short-Term and Long-Term Disability 401K Plan with company match + additional contribution Relocation assistance (if eligible) Career Growth: Advancement Opportunities Career Mobility Education Reimbursement for Continued Learning Training and Development Programs Additional Offerings: Tuition Assistance & Student Loan Repayment Lifestyle Account Childcare Reimbursement Account Elder Care Support Wellbeing Program Community Service and Engagement Programs Product Programs Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.

Responsibilities

The Senior Fraud Prevention Specialist is responsible for identifying high-risk transactions, researching suspicious activity, and communicating with the Compliance Specialist for appropriate reporting. This position helps protect members from unauthorized activity and limits financial loss to both members and the credit union.