Fraud Analyst

Bank located in the Bronx is looking to hire a Fraud Analyst

1. Proactively monitors and reviews electronic account and transaction data for suspicious activity and potential fraud.

2. Communicates security threats to management and provide recommendations for loss mitigation as needed.

3. Implements, modify and test fraud strategies as appropriate.

4. Joins fraud data with other data sources to derive end-to-end performance metrics for fraud.

5. Analyzes fraud metrics, identifies emerging trends and makes recommendations for improved tools/reports to detect fraudulent activity.

6. Investigates and reports irregular transactions reported by other business lines.

7. Maintains fraud analysis models to improve efficiency and effectiveness of Bank systems.

8. Identifies processes requiring increased security controls to protect the Bank and its customers from future incidents of fraud.

9. Collaborates with fraud management on special project or requests; responds to ad hoc requests for reporting and data analysis.

10. Keeps detailed records of suspicious activity and analyze trends.

11. Uses a variety of systems and resources to research moderate to complex account activity that may involve multiple transaction channels.

12. Ensures compliance with the Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures; participates in any required corporate and business line training in these areas.

13. Creates presentations with meaningful commentary on both past performance and future opportunities.