Hybrid/New York, NY
Salary Range: $80,000 - $95,000
The Fraud Prevention & Investigations (FPI) Team is a subunit within Apple Bank’s (the Bank) Anti- Financial Crime (AFC) Department. The FPI unit is a second line function that acts as a primary subject matter expert (SME) concerning fraud alerts from the Bank’s automated transaction monitoring system and conducting investigations on potential fraud activity. The Senior AFC Fraud Prevention Analyst is a member of FPI and is responsible for the daily operations within the AFC subunit.
Specifically, the Senior AFC Fraud Prevention Analyst (Senior Fraud Analyst) is responsible for minimizing Apple Bank’s exposure to loss by developing investigative strategies and techniques to identify, evaluate, and prevent fraud. The Senior Fraud Analyst acts as a point of contact for applicable lines of business (e.g., Consumer Banking) and responds to fraud-related inquiries in support of the enterprise AFC Fraud Program. The Senior Fraud Analyst reviews applicable Bank fraud detection systems and reports for patterns/trends, exercises sound judgment and makes recommendations to management.

SKILLS, EDUCATION, & EXPERIENCE

The Senior AFC Fraud Prevention Analyst should have:

• A bachelor’s degree.
• Minimum 3 years of fraud monitoring/investigation experience in the banking industry with an in-depth knowledge of fraud investigation techniques and strategies.
• Knowledge of Uniform Commercial Code (UCC), Reg E, Reg CC, and other rules and regulations preferred.
• Excellent verbal, written, and interpersonal communication skills.
• Excellent research and time management skills with strong focus on attention to detail.
• The ability to work effectively in a team-fostered, multitasking environment.

ADDITIONAL EDUCATION, SKILLS & EXPERIENCE

The Senior AFC Fraud Prevention Analyst may have:

• A professional certification (i.e., CFE).

Visa sponsorship not available.
We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and/or veteran status, or any other Federal or State legally-protected classes

ESSENTIAL DUTIES & RESPOSIBILITIES

The Senior AFC Fraud Prevention Analyst will:

• Review and investigate system generated and line-of-business potential fraud alerts/incidents across multiple fraud typologies, including Check, ACH, Deposit, Wire, Elder Abuse, Identity Theft, Online Account Takeover, P2P and Card Fraud, etc.
• Document alert and investigation disposition into the applicable case management system, demonstrating sound investigation, judgment, and documentation.
• Prepare comprehensive reports of investigation findings detailing material recommendations.
• Escalate confirmed fraud activity to appropriate AFC Management and may assist in line of business notification and escalations, including Consumer Banking branch network and Digital Banking and other business/operational partners (e.g., Consumer Banking Operations).
• Provide assistance, support, and response to line of business inquiries and business line partners, with a primary focus on the Consumer Banking branch network.
• May partner with AFC Financial Intelligence Unit (FIU) and Enhanced Due Diligence (EDD) functions to conduct collaborative investigations.
• Based upon performance of job duties, detect fraud trends, make recommendations to AFC management, and assist with implementation of preventive measures.
• Participate in employee and fraud awareness training.
• Maintain a high degree of relevant knowledge with respect to fraud typologies, trends, and emerging issues.

ADDITIONAL DUTIES & RESPONSIBILITIES

The Senior AFC Fraud Prevention Analyst will also:

• Apply independent judgment in the identification and escalation of key fraud risks.
• Display a high level of professional aptitude and standards.
• Recommend process improvements in areas of efficiency, control, and work product.
• Perform ad hoc and project support, as required.