What are the responsibilities and job description for the Fraud Specialist position at FAIRWINDS?
Welcome to FAIRWINDS Credit Union. We continue to be the one of the best companies to work for, simply because we hire the best and most passionate talent. We are proud to promote employees from within and provide a positive work/life balance.
This role is responsible for various duties relating to recovery and fraud prevention due to identity theft, suspicious activities, fraud, forgery, NSF activity, check kiting, etc. Candidates will need experience interfacing with law enforcement agencies and investigating and providing an analysis of suspicious activities. This position will be crossed trained on daily functions within the BSA unit. This position qualifies for hybrid schedule after initial training. Compensation starts at $52,000 and is based on experience.
What will I be doing in this role?
- Gathers, analyzes and summarizes account information to proactively reduce potential credit union losses.
- Reviews alerts, large transactions and high risk accounts on a frequent basis.
- Decisions fraud claims and cases.
- Conducts phone investigations with suspects and/or victims on recorded telephone lines.
- Performs advance background searches as needed to recover assets or to identify potential losses to the credit union.
- Perform high risk reviews, research and decision as determined by internal processes and procedures.
- Research, review, decision and prepare suspicious activity reports (SARs) as required by FINCEN.
- Assists with incoming questions, concerns and reporting of fraudulent or suspicious accounts from branch network.
- Serves as liaison with legal system, law enforcement, and insurance bonding company. Prepares and files cases with the proper law enforcement agency and bond insurance for mitigation.
What experience is needed?
- Experience with fraud cases as it specifically relates to RDC/ATM deposits, return deposit items, check kiting, counterfeiting, check alteration, forgery, identity theft, account takeovers, close out/inquiry alerts, loan/mortgage fraud, dormant activity, ACH activity, electronic access and wire transfers.
- Working directly with law enforcement or other investigative agencies.
- Performing high risk reviews and decisioning SARs.
- Credit union experience is preferred.
Why is FAIRWINDS recognized as an employer of choice?
In addition to 11 paid holidays every year, we offer highly competitive benefits including:
- 85% employer paid medical, vision, and dental coverage
- 401(k) match at 6%
- Paid vacation and sick time that does not expire
- Wellness reimbursement – trade in unused sick time to pay for your gym membership!
- Tuition reimbursement
FAIRWINDS is an Equal Opportunity Employer.
FAIRWINDS is an Equal Opportunity Employer.
Salary : $52,000
