Fraud Prevention Analyst II

First Citizens Bank•Raleigh, NC

4d•Remote

About The Position

This is a remote role that may only be hired in the following location: Raleigh, NC or Jacksonville, FL. This position analyzes transactions in multiple payment channels to detect suspicious or high-risk activity. Identifies risks through investigation and analysis. Communicates directly with clients, associates, and peer bank contacts in tracking, researching, and resolving issues. Determines the appropriate course of action to mitigate risks and stop further loss, protecting compromised accounts to prevent any subsequent fraudulent transactions. Provides training and guidance to newer associates in the work group. May serve as backup to FPAIII.

Requirements

Bachelor's Degree and 4 years of experience in Branch Operations, Bank Fraud Prevention, or a Teller position OR High School Diploma or GED and 8 years of experience in Branch Operations, Bank Fraud Prevention, or a Teller position
Knowledge of various payment channels.
Familiarity with Bank policies, procedures, and practices including related industry and regulatory issues
Knowledge of Bank systems and applications
Ability to quickly grasp new vendor software
Internet research skills

Responsibilities

Compiles and analyzes transactions for multiple payment channels.
Reviews transactions to identify high risk situations, fraudulent activity, and internal control breakdowns.
Effectively communicates analysis output.
Investigates potential risks, fraud, and internal control breakdowns identified by transaction analysis.
Determines the appropriate course of action to stop further loss.
Ensures compliance with Bank regulations throughout loss prevention activities.
Serves as a resource for associates and clients to discuss and resolve fraudulent activity and provides support in resolving complex fraud issues.
Protects compromised accounts in order to prevent subsequent fraudulent transactions.
Communicates effectively with associates, clients, operations, and peer bank contacts on fraud prevention activity and techniques.
Tracks metrics based on analysis and case information for reporting purposes.
Conveys emerging trends.