ERM Fraud Analyst

Center Parc Credit Union•Hapeville, GA

8d•$21 - $26

About The Position

The ERM (Enterprise Risk Management) Team monitors Fraud and Compliance for the credit union. This Fraud Analyst will work in the Fraud area and primarily focus on Check deposit, ATM deposit, Wire, and ACH Fraud. If you have previous credit union or bank experience in the fraud area - Apply today! Title: ERM Fraud Analyst - ERM (Enterprise Risk Management) Position Status - Full-time, non-exempt (hourly) Reports To: ERM Manager Pay information: $21.10 - $26.37 per hour The listed pay information includes the minimum rate of pay to the mid-point rate of pay for the posted position The actual compensation for this position may vary based upon, but not limited to, licenses or certifications, education or equivalent work experience, market data, qualifications, relevant experience, prior work and performance history, geographic location, and business sector. We believe great work is to be rewarded with great benefits. Our benefits include, but aren’t limited to, Medical coverage with generous company contributions, Dental with employee only coverage paid by the company, Vision with employee only coverage paid by the company, Paid Time-Off, 401k plan with a defined company match, company paid long-term disability, short term disability, and company paid holidays. Purpose: The primary purpose of this position is to assist Center Parc Credit Union (CPCU) to live out our Mission, “To help our members achieve financial success by providing exceptional products and service.” The Enterprise Risk Management (ERM) Fraud Analyst is responsible for ongoing evaluation, review, monitoring and analysis of transactions in order to identify, mitigate and prevent fraud.

Requirements

An associate degree in finance, accounting, business administration or related field or 2 years additional relative work experience in lieu of degree
2 years specific work experience in law enforcement, loss prevention, financial fraud, or financial transactions
Strong understanding of banking regulations, including BSA. Patriot Act, OFAC, Know Your Customer, etc.
Working knowledge of Microsoft Office applications (Word, Excel, PowerPoint, Teams

Nice To Haves

Bachelor’s degree in business, finance, accounting, marketing, or related field
Strong understanding of banking regulations, including BSA. Patriot Act, OFAC, Know Your Customer, etc.
Certificate in bank fraud prevention, certified fraud examiner or other relative certifications.
2 years specific fraud work experience in a credit union
Working knowledge of Symitar, mortgage and lending applications, patriot officer. Etc.

Responsibilities

Adhere to and deliver on Center Parc’s core values: 1. Serve Exceptionally 2. Commit to Better 3. Find the Fun 4. Invest in Integrity 5. Follow the Numbers 6. Go Forth and Conquer 7. Protect with Passion
Identifies fraudulent activities and/or the capability for the credit union to prevent fraudulent activities through daily review, analysis and monitoring of transactions.
Maintains an awareness of risk in all assigned functional areas.
Identifies potential suspicious activity and opens cases by monitoring alerts in our internal system, including, but not limited to money laundering, embezzlement, fraudulent banking transactions, identity theft, kiting, credit/debit card fraud, loan fraud, elder exploitation, etc.
When fraudulent activities exceed $5000 threshold, prepares the SAR narrative to include the detail of suspicious activity(s), investigation process, person(s) who conducted the activity, location, timeline, and any pertinent information derived from the investigation.
As required or requested, analyzes information to ensure correct transactions and subjects are being reported to in the SARS reviews.
As necessary assimilates information for law enforcement or federal agencies.
Tracks losses and prevented losses from fraudulent activities.
As requested, or as appropriate, evaluates the credit union’s policies, procedures, products, and programs to ensure best practices and up-to date monitoring and mitigation activities are taking place.
May be assigned to maintain all or a portion of the policies and procedures manual for the risk management area.
As required, assists examiners with their examinations and makes available the information that they request as part of the examination.
Maintains up to date product knowledge and has a full understanding of the features and benefits of the products and services offered by the credit union.
Demonstrates a mature knowledge and understanding of banking transactions, and the processes and procedures which govern the way those transactions are completed.
Exhibits excellent analytical, problem solving, and research skills.
Builds and maintains positive relationships with all stakeholders
Uses written and oral communications to clearly convey information to all stakeholders
Works quickly under pressure and responds positively under tight deadlines.
Complies with all aspects of BSA/AML and OFAC regulations as they relate to this position.
The ability to travel overnight less than 5%.
Other duties as assigned.