Fraud Specialist

Bravera Careers•Minot, ND

About The Position

Bravera is hiring a Fraud Specialist to perform fraud-related risk management duties within Enterprise Risk Management. The role focuses on detecting, monitoring, investigating, and preventing fraudulent customer activity, while helping recover losses and limit the impact of fraud on customers and the organization. The position may be based in Fargo, Dickinson, Minot, or Mandan, North Dakota; Mandan is preferred. The Fraud Specialist supports fraud prevention and response across banking products and services, maintains case files and related documentation, assists with examinations and audits, and works with internal departments, customers, and law enforcement agencies. The role also contributes to fraud policies and procedures, employee and customer education, information security monitoring, customer due diligence, and employee account reviews. The employee must maintain confidentiality and comply with applicable rules and regulations, including Bank Secrecy Act requirements.

Requirements

Bachelor’s degree in information technology, business, finance, accounting, or a related field.
At least 3 years of banking experience.
Alternatively, an acceptable combination of education and experience.

Responsibilities

Investigate and research fraudulent, illegal, or improper activities involving internal or external means, and help prevent and recover resulting losses.
Monitor customer transactions for suspicious financial activity and issue fraud alerts or notices.
Escalate fraudulent activity to other departments as needed.
Gather documents and develop case files in the fraud software platform.
Assist entities with fraud cases and document case information in the fraud software.
Assist with examinations and internal and external audit requests.
Take appropriate action under policy and procedure to revoke services and prevent continued fraudulent activity and losses.
Work to minimize the impact of fraud on customers and the organization.
Contribute to the development and implementation of fraud prevention efforts, policies, and procedures.
Maintain working knowledge of fraud prevention guidance and regulatory and policy requirements.
Educate employees and customers on identifying and responding to potential fraud.
Act as a liaison to local, state, and federal law enforcement agencies.
Prepare reports for management on fraud program status and activity.
Maintain confidentiality and professionalism regarding employee and customer information and issues.
Follow applicable rules and regulations, including Bank Secrecy Act requirements; proactively look for suspected fraud and money laundering and report suspicious activity to the BSA Officer.
Gather data for information security monitoring.
Assist the Information Security Officer with access control reviews and projects as needed.
Assist the BSA Officer with high-risk customers and Customer Due Diligence monitoring.
Conduct employee account reviews.
Support a positive, collaborative environment, teamwork, customer service, and the overall success of Bravera Holdings Corp.