Fraud Analyst
About The Position
Resolve and document fraud and deposit regulatory claims. Work with local authorities regarding fraud for prosecution of the person responsible and report CheckCard fraud to MasterCard International. Serve as IRA Administrator. Essential Duties and Responsibilities include the following. Other duties may be assigned. Reg E disputes - log, investigate and make decision as to how to resolve. Review and audit Reg CC holds for compliance. Bank contact for levies and garnishments and correspond with attorneys for resolution. Receive and make decisions on Federal reclamations of funds. Audit deposit exceptions daily. Investigate deposit fraud claims with referral to law enforcement agency and BSA officer. Initiate ACH returns and notifications of change as receiving bank. IOLTA coordinator - reporting, remittance, and reconcilement. Backup withholding remittance and reconcilement. IRA Administrator - instruct and support employees with IRA compliance, review and audit customers documents. Required mandatory distributions - calculation, distribution, audit and compliance. IRS reporting - auditing and review for balancing and accuracy. Comply with all applicable banking regulations, including Bank Secrecy Act. Follows Red River Bank policies and procedures. Attends or completes all required training.
Requirements
- High School diploma or GED and one year ofrelated experience and/or training; or equivalent combination of education and experience
- Knowledge of Microsoft Excel and Word Processing software
- Priorities and plans work activities
- Supports and explains reasoning for decisions
- Demonstrates attention to detail
- Exhibits sound and accurate judgment
- Self-starter, motivated
- Contributes to building a positive team spirit
Responsibilities
- Resolve and document fraud and deposit regulatory claims
- Work with local authorities regarding fraud for prosecution of the person responsible
- Report CheckCard fraud to MasterCard International
- Serve as IRA Administrator
- Reg E disputes - log, investigate and make decision as to how to resolve
- Review and audit Reg CC holds for compliance
- Bank contact for levies and garnishments and correspond with attorneys for resolution
- Receive and make decisions on Federal reclamations of funds
- Audit deposit exceptions daily
- Investigate deposit fraud claims with referral to law enforcement agency and BSA officer
- Initiate ACH returns and notifications of change as receiving bank
- IOLTA coordinator - reporting, remittance, and reconcilement
- Backup withholding remittance and reconcilement
- IRA Administrator - instruct and support employees with IRA compliance, review and audit customers documents
- Required mandatory distributions - calculation, distribution, audit and compliance
- IRS reporting - auditing and review for balancing and accuracy
- Comply with all applicable banking regulations, including Bank Secrecy Act
- Follows Red River Bank policies and procedures
- Attends or completes all required training
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
