Fraud Risk Analyst

TRUSTONE FINANCIAL CREDIT UNION•Plymouth, MN

6h•$22 - $27•Onsite

About The Position

Assist in the implementation, monitoring and administration of all aspects of the Bank Secrecy Act compliance program under the guidance of the VP BSA Officer and department management. Required to be fully knowledgeable and skilled in all areas of the department to review and monitor suspicious activities while identifying and mitigating potential risks to the credit union. Work in a highly collaborative, fast-paced environment, where member experience and fraud prevention are the goal. Fraud Risk Analysts may concentrate on one specific or many different fraud typologies, such as external/internal fraud, consumer and commercial DDAs, consumer lending, debit and credit cards, phishing or internet banking fraud, financial exploitation. Perform duties such as investigating multiple frauds in accordance with policies and procedures, performing thorough account transaction analysis for the purpose of identifying suspicious or fraudulent activity, analysis of reporting for the purposes of reducing risk to the company, and filing Suspicious Activity Reports (SARs). Perform any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to TruStone members and co-workers.

Requirements

Availability to work 40 hours per week Monday through Friday between the hours of 8:30am – 5:00pm at our Plymouth Corporate Office location; non-exempt.
At least 3 years of BSA/AML/Fraud related experience in research and investigations or, 5 or more years of experience in the financial industry, banking operations, law enforcement, fraud or security.
Knowledge of BSA/AML/OFAC/fraud regulations with experienced using dynamic BSA/AML/Fraud monitoring systems.
At least 3 years of experience in the areas of: 314(a)(b), CTR, SAR, OFAC.
Ability to take initiative and work independently with minimal supervision in a structured environment.
Ability to manage time and adhere to strict deadlines.
Strong analytical and problem-solving skills with ability to gather, organize, and interpret data.
Ability to formulate independent preliminary conclusions.
Ability to exercise good judgement when assessing risk.
Excellent organizational skills and strong attention to detail, with the ability to multi-task and work independently in a fast paced, high volume environment.
Strong communication skills to include written, verbal, and interpersonal skills.
Ability to use sound judgment and handle difficult situations with tact, diplomacy, and discretion, knowing when to escalate a situation to management.
Ability to maintain confidentiality and adhere to TruStone’s policies and procedures.
Ability to pass a pre-employment drug test and various background checks.
Regular and reliable attendance at the workplace.

Nice To Haves

Bachelor’s Degree in Business Administration, Criminal Justice or related field preferred.
Professional Certification from a financial industry group (i.e. ACAMS, CRCM, CFE, CUNA BSA/AML Certification, etc.) preferred.

Responsibilities

Assist in the implementation, monitoring and administration of all aspects of the Bank Secrecy Act compliance program.
Review and monitor suspicious activities while identifying and mitigating potential risks to the credit union.
Investigate multiple frauds in accordance with policies and procedures.
Perform thorough account transaction analysis for the purpose of identifying suspicious or fraudulent activity.
Analyze reporting for the purposes of reducing risk to the company.
File Suspicious Activity Reports (SARs).
Perform any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to TruStone members and co-workers.
Maintain awareness of enterprise compliance requirements, including Bank Secrecy Act (BSA/AML) obligations, and follows internal policies and escalation protocols as applicable.

Benefits

Competitive pay and incentive programs for all positions.
Health insurance with the ability to choose which plan option is best for you – a Traditional Health Plan or Health Savings Plan.
Affordable dental and vision insurance coverage.
Earn 22 days of paid time off annually for full-time employees with an equivalent accrual for part-time employees.
10+ paid holidays each year.
Up to 16 hours of paid time annually to volunteer for organizations you are passionate about.
401(k) with 50% employer match on the first 6% you contribute – plus, after one year of service, an additional 3% safe harbor employer contribution that is immediately 100% vested regardless if you are contributing or not.
Eligibility for profit sharing opportunities in the form of a contribution to your 401(k) account.
Employer-paid Short Term and Long Term Disability benefits.
Employer-provided life insurance up to 2.5x your base salary with the option to purchase additional coverage for yourself, spouse and eligible dependents.
Reimbursement for higher education expenses of up to $5,250 per calendar year (including tuition, books and activity fees).
Career development opportunities – including our STEP job shadow program, TruStone Academy certification courses, Mentorship Program and more.
Special employee discounts when you join TruStone Financial as a credit union member.
Employee activities, events, discounts, and many other great benefits and perks!