Fraud Risk Analyst

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.

• 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.

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.

• 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.

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  and a member of our Recruitment team will follow up with you.

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