Debit Fraud Analyst

Provident BankWoodbridge, NJ
$28 - $35Onsite

About The Position

Provident Bank is seeking a Fraud Analyst – Debit to support the monitoring, development, and enhancement of fraud risk strategies for our Debit Card program. This role plays a key part in protecting customers and the Bank by identifying fraud trends, managing fraud rules, and developing data‑driven solutions to reduce fraud losses while maintaining a positive customer experience. The Fraud Analyst partners closely with Operations, Product, Finance, and external vendors to implement effective fraud controls and continuously improve fraud prevention strategies.

Requirements

  • Bachelor’s degree in business, Finance, or a related field required, MBA preferred
  • Minimum of 5 years of experience in fraud management or fraud analytics within a financial institution
  • Strong knowledge of debit card fraud, payment networks, fraud rules, and the fraud lifecycle
  • Deep understanding of debit card operations, products, and processes
  • Strong analytical, project management, and communication skills
  • Ability to work cross‑functionally and manage critical vendor relationships

Nice To Haves

  • MBA preferred

Responsibilities

  • Fraud Rule & Platform Management Identify, implement, and maintain fraud policies and rules
  • Configure and manage fraud prevention platforms (e.g., FIS, FRM, and similar systems)
  • Partner with vendors to implement rule changes and enhancements Financial & Data Analysis
  • Perform complex analysis of financial, portfolio, and market data
  • Evaluate fraud performance, trends, and forecast to improve risk and profitability outcomes Cross‑Functional Collaboration
  • Partner with Product, Operations, and Finance teams to deliver integrated fraud solutions
  • Support complex implementations and act as a subject‑matter expert Compliance, Training & Communication
  • Stay current on regulatory and network requirements impacting debit card fraud
  • Support internal training sessions related to fraud processes and controls
  • Draft and deliver internal fraud communications and updates

Benefits

  • Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank’s Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan.
  • In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance.
  • Company sponsored Tuition Disbursement and Loan Repayment programs are also available.
  • Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.
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