What are the responsibilities and job description for the Fraud Specialist position at Banterra Corp.?
ESSENTIAL DUTIES
Perform daily administrative and departmental tasks as assigned, such as processing forms, data entry, and compiling, processing, and filing various reports.
Develop broad knowledge of fraud channels and activities, continually building skills regarding response procedures, identifying suspicious activity, and reporting structures.
Develop knowledge of applicable laws, regulations and assist in ensuring compliance.
Develop knowledge of applicable Bank policies, procedures and services.
Participate in self-directed fraud training as assigned.
Monitor Verafin alerts, performing manual reports and other fraud-related processes as assigned.
Contribute to and document routine mitigation efforts for lower-impact threats, researching and investigating events as directed.
Perform routine research and investigations regarding deposit accounts, ACH & Wire functions, digital banking, online account opening, and other processes as directed.
Update the case management system as appropriate and prepare associated narrative/case reports, ensuring appropriate documentation is saved.
Participate in both inbound and outbound communication channels with internal and external stakeholders related to potentially suspicious activity identification and mitigation. Gather and document relevant information.
Escalate odd, unusual, non-routine situations or those involving large $, VIP or situations with potential reputational risk.
Initiate requests to write off losses, preparing and relaying documentation and support as appropriate.
Process recovery and/or restitution for routine and/or low-dollar activities.
Support front line workers in routine events related to fraud and/or suspicious activity, providing guidance and escalating to appropriate stakeholders as necessary.
Contribute to ongoing training and awareness efforts for internal and external stakeholders at all levels.
Assume responsibility for other projects and tasks as assigned.
EDUCATION & CERTIFICATIONS
High school diploma or equivalent required.
A minimum of two years of banking experience required.
MINIMUM REQUIREMENTS
A highly organized approach to work, with the ability to clearly define inefficiencies, offer appropriate solutions, and document processes.
Strong critical-thinking skills and the ability to analyze potential project outcomes with the adaptability to redirect attention as needed to meet targets and deadlines.
Excellent communication skills and the ability to communicate effectively, verbally and in writing, with internal and external customers at all levels.
A positive and proactive approach to work, demonstrating enthusiasm, adaptability, and the ability to maintain composure and professionalism in stressful or adverse conditions.
Proficient computer literacy, including comfort with Microsoft systems and Office Suite.
Intermediate typing skills to meet the needs of this position.
Current driver’s license and reliable transportation with appropriate insurance coverage; additionally, the ability to drive occasionally in the course of performing assigned duties and responsibilities.
The ability to work with minimal or no supervision.
ADDITIONAL QUALIFICATIONS
Familiarity with fraud monitoring functions within the financial services industry preferred.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers; handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate.
NOTE
This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.
All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently.
Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others.
The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.
The company is an Equal Opportunity Employer, drug-free workplace, and complies with ADA regulations and other laws/regulations as applicable.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Perform daily administrative and departmental tasks as assigned, such as processing forms, data entry, and compiling, processing, and filing various reports.
Develop broad knowledge of fraud channels and activities, continually building skills regarding response procedures, identifying suspicious activity, and reporting structures.
Develop knowledge of applicable laws, regulations and assist in ensuring compliance.
Develop knowledge of applicable Bank policies, procedures and services.
Participate in self-directed fraud training as assigned.
Monitor Verafin alerts, performing manual reports and other fraud-related processes as assigned.
Contribute to and document routine mitigation efforts for lower-impact threats, researching and investigating events as directed.
Perform routine research and investigations regarding deposit accounts, ACH & Wire functions, digital banking, online account opening, and other processes as directed.
Update the case management system as appropriate and prepare associated narrative/case reports, ensuring appropriate documentation is saved.
Participate in both inbound and outbound communication channels with internal and external stakeholders related to potentially suspicious activity identification and mitigation. Gather and document relevant information.
Escalate odd, unusual, non-routine situations or those involving large $, VIP or situations with potential reputational risk.
Initiate requests to write off losses, preparing and relaying documentation and support as appropriate.
Process recovery and/or restitution for routine and/or low-dollar activities.
Support front line workers in routine events related to fraud and/or suspicious activity, providing guidance and escalating to appropriate stakeholders as necessary.
Contribute to ongoing training and awareness efforts for internal and external stakeholders at all levels.
Assume responsibility for other projects and tasks as assigned.
EDUCATION & CERTIFICATIONS
High school diploma or equivalent required.
A minimum of two years of banking experience required.
MINIMUM REQUIREMENTS
A highly organized approach to work, with the ability to clearly define inefficiencies, offer appropriate solutions, and document processes.
Strong critical-thinking skills and the ability to analyze potential project outcomes with the adaptability to redirect attention as needed to meet targets and deadlines.
Excellent communication skills and the ability to communicate effectively, verbally and in writing, with internal and external customers at all levels.
A positive and proactive approach to work, demonstrating enthusiasm, adaptability, and the ability to maintain composure and professionalism in stressful or adverse conditions.
Proficient computer literacy, including comfort with Microsoft systems and Office Suite.
Intermediate typing skills to meet the needs of this position.
Current driver’s license and reliable transportation with appropriate insurance coverage; additionally, the ability to drive occasionally in the course of performing assigned duties and responsibilities.
The ability to work with minimal or no supervision.
ADDITIONAL QUALIFICATIONS
Familiarity with fraud monitoring functions within the financial services industry preferred.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers; handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate.
NOTE
This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.
All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently.
Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others.
The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.
The company is an Equal Opportunity Employer, drug-free workplace, and complies with ADA regulations and other laws/regulations as applicable.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
