Fraud Operations Analyst

LPL Financial • Tempe, AZ

394d • $51,563 - $85,946

About The Position

LPL Financial is seeking an Analyst for Fraud Operations within the Risk Management, Controls, and Fraud Operations business unit. The Analyst will be responsible for screening, identifying, and reporting various types of fraud to protect clients and advisors while ensuring compliance with regulatory requirements. This role involves collaboration with various teams to analyze data, manage fraud inquiries, and implement fraud prevention strategies.

Requirements

• Bachelor's Degree in Business, Economics, Accounting/Finance or equivalent experience preferred.
• 1 - 3 years of industry experience, preferably in Fraud Investigations.
• Working knowledge of regulatory requirements, preferably AML/Fraud.
• Proficient in MS Office (Word, Access, Excel, PowerPoint, Visio).
• High level of analytical skills and problem-solving abilities.
• Ability to multi-task and work under pressure with tight deadlines.
• Excellent written and verbal communication skills.

Nice To Haves

• Professional Licenses/Certifications (CFE or CAMS).
• Experience with Equifax, LexisNexis, TransUnion or other information security providers.

Responsibilities

• Field and manage communications from financial advisors and service teams related to fraud prevention.
• Create and maintain accurate case files for fraud investigations.
• Work with internal and external partners to stop or reclaim fraudulent transactions.
• Log, direct, and track reimbursements and report monthly on case status and trends.
• Ensure compliance with regulatory requirements and internal policies.
• Develop and monitor performance tracking of fraud events and mitigation tools.
• Analyze risks, vulnerabilities, and market trends related to fraud.
• Collaborate with teams to implement new fraud strategies.
• Monitor existing fraud models and recommend remedial actions.
• Maintain operational policies and create new guidelines for fraud identification.
• Provide internal training on fraud prevention programs and policies.
• Participate in goal development and execute tactical strategies.

Benefits

• 401K matching
• Health benefits
• Employee stock options
• Paid time off
• Volunteer time off

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 10,001+ employees