Financial Crimes Analyst
About The Position
Investigates, resolves and monitors the bank's Anti-Fraud Program, including the bank's cash management platform, and provides critical support to customers by managing all suspected fraud from initial detection to confirmed fraud. Supports the financial crimes compliance group in analyzing and evaluating different transaction types for fraudulent characteristics, investigating and evaluating suspicious factors, and researching companies and individuals. Assists in managing initial high-risk alerts for the Office of Foreign Assets Control (OFAC) reviews, and escalates to OFAC lead as appropriate.
Requirements
- Bachelor's Degree in accounting, finance, business or other relevant discipline required
- Bachelor's degree may be substituted with four years of related experience (four years is in addition to what is minimally required for the role), or an equivalent combination of education and related experience.
- 1 year of experience, preferably in banking or financial services, fraud or risk management required
Responsibilities
- Conducts daily monitoring of LIVE transactions for fraudulent characteristics and evaluates and escalates urgent requests and fraud incidents to appropriate leadership.
- Communicates suspicious transaction concerns to customers, associations, and internal CoBank Groups.
- Evaluates, investigates and resolves initial high-risk transaction alerts for OFAC sanctions.
- Tracks summary reports, participates in team discussions and provides recommendations based on daily findings..
- Supports internal CoBank system upgrades and/or testing, including annual business continuity system testing.
- Monitors the Fraud group email box, phone queue, voicemail, and responds as needed.
- Provides guidance to other departments regarding Fraud questions and transactions.
Benefits
- Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
- Competitive Compensation & Incentive
- Hybrid work model: flexible arrangements for most positions
- Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
- Robust associate training and development with CoBank University
- Tuition reimbursement for higher education
- Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
- Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
- Associate Resource Groups: creating a culture of respect and inclusion
- Recognize a fellow associate through our GEM awards
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
501-1,000 employees
