WHAT YOU’LL NEED TO BE SUCCESSFUL

• Communication – effective oral and written communication skills with the ability to effectively communicate with internal and external contacts
• Project Management – good organizational skills, including the ability to prioritize daily activities and multi-task to complete assignments
• Accuracy and Thoroughness – strong attention to detail in working and investigating files
• Judgement and Discretion – ability to maintain confidentiality of sensitive information
• Adaptability – ability to independently identify and adapt to changes in priorities
• Motivation – must be self-motivated and capable of exercising sound judgement, working both independently as well as in a team environment
• Problem-solving Skills – identify and resolve problems in a timely manner, gather and analyze information skillfully and develop alternative solutions
• Compliance – consistently adhere to Bank policies and regulations, reinforce training to ensure that bank employees are aware of UDAAP and do not harm consumers with any act that could be misleading, unfair, deceptive, or abusive in act or practice

QUALIFICATIONS

• High school diploma or GED required
• Associate’s degree educational background in business, finance, statistics, legal studies, political science or another research preferred
• Minimum of 4 years banking, investigations, compliance, law enforcement or similar industry; or equivalent combination of education and experience
• Knowledge of state and federal laws and regulations related to banking compliance including OFAC Sanctions, Executive Orders, Bank Secrecy Act, Anti-Money Laundering laws and other regulations highly preferred
• Experience with Verafin software and Microsoft Word/Excel preferred
• Certified Fraud Examiner (CFE) certification preferred
• Knowledge of banking products, services, policies and procedures a plus

PAY RANGE (HOURLY): $27.00 - $30.00/HOUR

The purpose of this job description is to provide a summary of duties related to the position. It is not intended to be all-inclusive. The employee will perform other reasonable business duties as assigned by supervisor or other management.

WHAT YOU’LL DO

The Senior Fraud Specialist is responsible for conducting investigations, analysis and responding to fraud cases to avoid potential loss to the Bank and/or customers.

RESPONSIBILITIES INCLUDE

• Use AML software system(s) and other internal reports to analyze, monitor and review customer transactions for suspicious and fraudulent activity, including, but not limited to, BSA and Fraud clearing processes; partner with the Fraud team when fraud is observed or suspected
• Review and monitor reports and alerts for all fraud related activity across the organization; initiate appropriate action when fraud is observed or suspected
• Monitor, Develop and improve processes related to fraud monitoring products and tools, as well as identification of needed procedure updates and change processes
• Maintain a working knowledge of compliance related issues including BSA, AML, OFAC, Suspicious Activity Reporting (SAR), and Elder Financial Abuse, partner with the Fraud team as necessary
• Own technical and operational fraud support for Bank employees and other departments, assisting with complex issues and/or concerns as needed
• Research, document, and communicate the possible filing of suspicious activity reports (SARs) with FinCEN by regulatory deadlines
• Develop and facilitate fraud prevention and awareness training for all branch, lending, and operations staff as applicable; keep abreast of current fraud trends and gather information via industry events, forums, and publications
• Comply with all applicable Banking compliance rules and regulations established by both internal departments and external agencies including maintaining reports, files and other BSA-related documentation in accordance with the Bank’s record retention schedule
• Support the BSA team workload and initiatives as needed