Fraud Analyst I

MERITRUST CREDIT UNION•Wichita, KS

1d•$23 - $29•Onsite

About The Position

Responsible for analysis of the credit union’s business functions to ascertain the probable areas of fraud. Utilizes various monitoring systems to execute countermeasures designed to identify questionable member transaction patterns indicative of fraud scenarios. Provides clear communication and detailed information for fraud cases. Maintains a balanced perspective to ensure that the credit union brand and a high level of member experience are maintained.

Requirements

High School diploma, or GED or equivalent combination of formal training and experience
Must be familiar with fraud detection concepts and practices
A minimum of one year up to three years of similar or related experience, including preparatory experience.
Proven analytical and problem-solving skills
Self-driven with an ability to work independently
Excellent verbal and written communication skills
Well organized and attentive to detail
Ability to collaborate with individuals outside of fraud area
Proficient in Microsoft Office Suite
Able to use a PC and related software applications
10-key, telephone, and other basic business equipment

Nice To Haves

Familiarity with FiServ DNA framework and systems a plus
Preference will be given to candidates with one year or more FiServ DNA experience

Responsibilities

Perform a series of reviews utilizing various tools and reports to identify potential fraudulent activities on new and existing member accounts
Thoroughly research/investigate incidents and/or allegations of fraud and ensure confidentiality of all information collected during investigation.
Provides detailed incident information in all case notes for further evaluation by Fraud Analyst II, Fraud Analyst III, and Fraud & BSA Manager.
May assist in identify emerging fraud trends and develop recommendations based on data analytics to detect and prevent future fraud events
Executes complex countermeasures and various mitigation strategies to avoid/minimize losses to the credit union and members
Keeps management informed of area activities and significant problems. Provides suggestions for improved policies, procedures and practices as it pertains to risk management and fraud prevention
Maintain, monitor, and update all risks in area of responsibility in fraud software
Ensures that assigned department functions are completed in accordance with Credit Union policies and procedures.
Maintains member confidentiality
Live our mission and corporate philosophy on a daily basis: Build Relationships and Add Value Everyday -B.R.A.V.E.
Responsible for related duties as required or assigned.