Fraud Investigator II (Bank Fraud Investigations)

United Services Automobile Association (USAA) • San Antonio, TX

341d • $63,590 - $121,530

About The Position

As a dedicated Fraud Investigator II, you will conduct internal or external fraud investigations and files regulatory reports according to legal requirements while ensuring adherence to all applicable deadlines. Completes interviews with internal and external parties. Performs mitigation and remediation activities while utilizing multiple applications and platforms in support of fraud operation activities to alleviate any potential negative impact to members and/or the organization.

Requirements

• Bachelor's Degree; OR 4 years of related financial services or federal, state, local, or military law enforcement investigations experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• 2 years of experience in financial services, investment or financial crimes.
• Basic understanding of the Bank Secrecy Act, USA Patriot Act, and other applicable laws and regulations.
• Intermediate knowledge of Microsoft Office.
• Strong oral and written communication skills.
• Strong analytical experience.

Nice To Haves

• 1+ years of experience with Suspicious Activity Reports (SAR).
• Previous/Current experience with SaFire and ECAMS.
• Federal, State, or Local Law Enforcement experience.
• Certified Fraud Examiner (CFE).
• US military experience through military service or a military spouse/domestic partner.

Responsibilities

• Conducts less complex fraud investigations of suspected or known criminal activity, which includes cases of less severity, cases with less member accounts and transactions, or limited to one fraud type.
• Reviews monetary and non-monetary fraud transactions, conducts interviews, and analyzes transaction data to detect fraudulent or unusual patterns and trends in support of the investigative process.
• Performs thorough analysis of evidence; assesses veracity of information compiled, to include documentary materials and results of interviews, to develop investigative conclusions.
• Utilizes knowledge of the Bank Secrecy Act, USA Patriot Act, applicable laws and regulations, company policies and best practices in the investigative field to organize investigative results.
• Prepares cases for criminal prosecution, obtains and preserves evidence, and presents evidence to appropriate law enforcement agencies for prosecution.
• May provide testimony to the grand jury and trial courts and file regulatory reports as necessary.
• Identifies and partners with tenured Investigators to resolve issues; identifies appropriate issues for escalation such as fraudulent trends, vulnerabilities causing increased fraudulent activity and/or larger than normal losses.
• Serves as a liaison with law enforcement agencies and other institutions to ensure USAA is informed of all relevant potential risks.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Benefits

• Comprehensive medical, dental and vision plans
• 401(k)
• Pension
• Life insurance
• Parental benefits
• Adoption assistance
• Paid time off program with paid holidays plus 16 paid volunteer hours
• Various wellness programs
• Career path planning and continuing education

What This Job Offers

• Job Type: Full-time
• Industry: Religious, Grantmaking, Civic, Professional, and Similar Organizations
• Education Level: Bachelor's degree