Fraud Prevention Analyst (Irvine, CA)

Mechanics Bank•Irvine, CA

1d•Onsite

About The Position

Mechanics Bank is seeking a Fraud Prevention Analyst to research account activity and assess risk while supporting customer satisfaction. This on-site role performs fraud monitoring and analysis involving in-clearing and internal On Us checks, deposits, large wire transfers, and ACH transactions. The analyst reviews suspicious activity promptly to mitigate potential risk and loss, validates information with customers and bank partners, and maintains investigation records and return data.

Requirements

High school diploma or GED required.
One 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

Two-year/associate degree or equivalent experience preferred; additional experience may be considered in lieu of a degree.
Three 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.
Identify high-risk transactions involving customer and/or business portfolios.
Communicate fraudulent transactions to management.
Notify branch operations about questionable items to obtain approval.
Review and identify unusual or suspicious activity to determine potential losses.
Monitor customer and transactional records to identify unauthorized transactions and fraudulent accounts.
Maintain 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 the bank 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.
Commuter/parking benefit.
401(k) and Roth 401(k) with company contribution.
529 Education Savings plan.
Tuition Reimbursement Program and Student Loan Assistance Program.
Supplemental health plans and voluntary legal and identity theft services.
11 paid holidays.
Paid sick days, accrued at one hour for every 30 hours worked.
Up to 25 paid vacation days.
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%.