Fraud Prevention Analyst (Irvine, CA)

Mechanics Bank•Irvine, CA

2d•$23 - $30•Onsite

About The Position

Mechanics Bank is seeking a Fraud Prevention Analyst to research account activity, assess risk, and help ensure customer satisfaction. This is an on-site role. The position monitors potential fraud involving in-clearing and internal On Us checks, deposits, large wire transfers, and ACH transactions, ensuring suspicious activity is reviewed promptly to mitigate potential risks. The analyst investigates potential fraud, communicates findings and possible solutions, verifies flagged transactions with customers or business portfolios, and works with management and branch operations on questionable activity. The role also includes maintaining confidential investigation information, keeping fraud logs and return data current, and interacting with bank personnel and customers to validate information and confirm or cancel authorizations.

Requirements

High school diploma or GED required.
At least 1 year of related banking operations experience required.
Knowledge of investigative procedures and processes.
Knowledge of banking standards, practices, and procedures.
Ability to use fraud detection software.

Nice To Haves

Associate degree or equivalent experience preferred; additional experience may be considered in lieu of a degree.
3 years of related banking operations experience preferred.

Responsibilities

Research potential fraud and communicate possible solutions.
Verify potential fraud involving On Us checks, deposits, and ACH transactions identified by the Bank’s Fraud Detection System, including high-risk transactions involving customer and/or business portfolios.
Communicate fraudulent transactions to management and notify branch operations about questionable items to obtain approval.
Review unusual or suspicious activity to determine potential losses.
Monitor customer and transactional records to identify unauthorized transactions and fraudulent accounts.
Maintain the confidentiality of information collected during investigations.
Keep fraud logs up to date for management and accounting purposes.
Track and retain return data for future reference and reporting.
Interact with bank personnel and customers to validate information and confirm or cancel authorizations.

Benefits

Medical, prescription, dental, and vision coverage for employees and eligible family members.
Employer-paid Employee Assistance Program, life insurance, AD&D, and disability benefits.
Health Savings Account with employer contribution.
Healthcare and dependent care Flexible Spending Accounts and commuter/parking benefit.
401(k) and Roth 401(k) with company contribution.
529 Education Savings plan, tuition reimbursement, and student loan assistance program.
Supplemental health plans and voluntary legal and identity theft services.
11 paid holidays, paid sick days, up to 25 paid vacation days, and 16 hours of paid volunteer time per calendar year.
Free personal checking and savings account; discounted rates on primary residence loans with $0 origination fees, subject to restrictions.
AIP bonus up to 5%.