Fraud Risk Analyst

Summary

Why should you join the Carolinas Credit Union League team? First, it’s important to understand who we serve: credit unions, which stand apart as cooperative providers of financial services, owned and governed by their members (the consumers they serve), and guided by cooperative principles and the philosophy of “People Helping People.” For nearly a century, credit unions have sought to make financial well-being possible for all. We share that sentiment, and our mission is to be a catalyst for credit union success in North and South Carolina. We do so through five focus areas of service: Advocacy, Risk Management, Professional Development, Credit Union Resources, and Community.

As one of the nation’s top credit union associations, the League is held in high regard by our membership. For each of them and ourselves, we strive for excellence and aim to exceed expectations as part of our core values. As a smaller, not-for-profit association within the cooperative industry, we know that we are stronger together when we listen and lead and work as a team, valuing the diverse cultures, voices and backgrounds among our staff and credit union professionals we serve. We also have a distinct family of partners and affiliates (including our foundation) that further allows us to think big and deliver a variety of development and business solutions to our member credit unions.

If you share our core values and believe in helping others succeed, consider joining our team!

About the Position

The Fraud Risk Analyst serves as the primary point of contact and provides support to member credit unions regarding fraud detection, prevention and investigation as well as Anti-Money Laundering, Countering the Financing of Terrorism, the Office of Foreign Asset Control (AML/CFT/OFAC). Additionally, the Fraud Risk Analyst is responsible for the day-to-day activities in the fraud/risk area and will deliver fraud/risk training to member credit unions and provide support on specific risk projects for individual credit unions. 

Logistics

This is a full-time, exempt position working Monday-Friday 8:00am – 5:00pm with a hybrid work schedule of at least two in-office days at either or Raleigh, NC or Columbia, SC offices.  Please note: Onboarding and training period may require additional days in office, and routine schedule is subject to change due to business needs and requirements. Limited travel required throughout the year to perform duties and/or attend industry events for career networking/development.

What You’ll Do

• Serves as the subject matter expert on fraud related activities
• Serves as the subject matter expert on AML/CFT and OFAC law, rules and regulations
• Keeps abreast of, monitors and analyzes developing trends and changes in the fraud and AML/CFT/OFAC laws, rules and regulations and their operational impact on credit unions
• Addresses and responds to member credit union and League staff questions
• Develops and maintains relationships with member credit unions’ staff, law enforcement and federal and state regulators
• Develops and delivers fraud, AML/CFT/OFAC training and education to member credit unions
• Conducts research, provides recommendations and develops appropriate solutions to fraud and AML/CFT/OFAC issues
• Schedules and facilitates Enterprise Risk Management (ERM) group meetings
• Plans department conferences and fraud trainings
• Consults with member credit unions on risk and fraud engagements, including fraud investigations
• Perform other duties as assigned

To Qualify for This Position, You’ll Need

• BA/BS degree in Business or related field and a minimum three to five years related law enforcement or financial institution fraud
• Working knowledge of laws, rules and regulations related to AML/CFT/OFAC and financial institution fraudulent activity
• Experience delivering training and education programs
• Excellent analytical ability and ability to conduct thorough research, interpret and understand laws and regulations and provide workable recommendations and solutions to problems
• Well organized, efficient, detail-oriented self-starter, able to work independently. Ability to handle simultaneously multiple tasks and changing priorities in a fast-paced environment. Ability to work with all levels of management and staff.
• Regular travel (approximately 20-40% and including some overnight) will be required.
• Preferred Certified Anti-Money Laundering Specialist (CAMS) or willing to obtain within 2 years of hire
• Certified Fraud Examiner (CFE) or similar certifications or willing to obtain within 2 years of hire
• Broad knowledge of credit union operations and the laws and regulations governing credit unions
• Requires professional and well-developed interpersonal skills, both internally and externally.
• Exemplary planning and time management skills with an ability to think proactively and prioritize work.
• Requires the ability to work cooperatively with others.
• Relationship management

What We Can Do for You

We offer our employees great benefits and rewards. You will be eligible for benefits on the first of the month following date of hire.

• Subsidized health plans, dental and vision coverage
• Choice of health savings or flexible spending account plan
• Qualified retirement plan with company match (employees are eligible after six months of service)
• Life and Long-Term Disability Insurance
• Flexible Time Off (FTO)
• Wellness program, medical payroll deduction, and gym incentive
• AAA Plus membership
• Service recognition
• Employee Assistance Program (EAP)
• Discounts for Carowinds and select Six Flags theme parks and educational webinars

What To Expect Next

After submitting your application, cover letter, resume, our recruiting team will review your application to ensure you meet the qualifications. This may include a brief telephone screen with our HR director to verify resume specifics and salary requirements. Management will be conducting interviews with the most qualified candidates, giving priority to candidates who demonstrate the preferred qualifications.