Fraud Analyst

Earthmover Credit Union•Montgomery, IL

4h•$23 - $28•Hybrid

About The Position

Earthmover Credit Union (ECU) has been proudly serving the community for over 60 years. With our "People Helping People" philosophy at the heart of everything we do, we take immense pride in the services we provide to our members. We are currently looking for a Fraud Analyst for our Compliance Department. If you are analytical, have superior attention to detail, and are familiar with banking laws then we’d love to hear from you! Your role will be crucial to the success of ECU, offering you the chance to make a meaningful impact on the lives of our members. We offer the right Candidate: Great company atmosphere Hybrid work Fantastic benefits which include medical, dental and vision plans Company paid for Short-term disability, Long-term disability and Life Insurance A fantastic opportunity to learn and grow at a Credit Union Competitive Salary ($23 - $28 hourly BASED on Experience) Generous paid time off and holidays 10% contribution to your 401k Yearly Discretionary Bonuses

Requirements

Fraud-related certification (CFE or CAMS etc.) or desire to obtain.
Working knowledge of the Bank Secrecy Act, Treasury Department’s Financial Records Keeping Regulation, USA Patriot Act, Office of Foreign Asset Control (OFAC), FACTA- ID Theft Prevention, Fair Credit Acts, Anti-Money Laundering Laws various other anti-money laundering laws and fraud prevention and mitigation is required.
3+ years in a financial institution, preferably in the areas of compliance, audit, collections, security or fraud.
Knowledge of financial institution rules and regulations.
Exceptional organization skills
Strong decision making, detailed oriented and accurate
Computer skills – including Excel.
Ability to analyze financial records to identify inconsistencies in accounts.
Investigative abilities
Effective and strong communication skills

Nice To Haves

Experience working with Examiners and Auditors a plus.

Responsibilities

Serve as primary point of contact for all fraud related claims including digital payments, ACH transactions, wire transfers and checks.
Monitor and investigate fraud alerts from multiple sources.
Identify and assess suspicious activity across all channels such as online banking, mobile banking, ATM’s and branch transactions.
Review claim documents, interview members and gather supporting evidence.
File disputes, chargebacks and recovery requests.
Act as the main liaison with local, state, and federal law enforcement agencies, including coordinating the recovery of stolen funds.
Ensure all claims and investigations comply with applicable laws, regulations and internal policies.
Prepare and deliver monthly fraud and claims performance reports.
Provide ongoing fraud prevention training for staff.