What are the responsibilities and job description for the Senior Deposit Fraud Specialist position at Seacoast Bank?
Job Title: Large Item Review Transaction Specialist
This is a temporary employment opportunity located at the Seacoast Bank office in Williston, FL.
Summary:
The Large Item Review Transaction Specialist plays a pivotal role in safeguarding the bank's financial integrity by identifying and addressing fraudulent activities promptly. This involves conducting detailed analysis of large-item transactions to detect and prevent check fraud. Additionally, the specialist will contribute to the management of Chex Systems activities, focusing on consumer account behaviors such as closed accounts and insufficient funds incidents.
Key Responsibilities:
- Conduct detailed analysis of large-item transactions to detect and prevent check fraud.
- Review and verify paper checks and mobile deposit transactions for authenticity and compliance with bank policies.
- Collaborate with the Chex Systems to monitor consumer account activities, emphasizing the tracking of closed accounts and instances of insufficient funds.
- Assist in the management and monitoring of daily overdraft fees, ensuring they are applied accurately and fairly.
- Develop and implement fraud mitigation strategies to minimize risk and financial loss.
- Maintain up-to-date knowledge of regulatory requirements and best practices in check fraud prevention.
- Provide reports and analysis to senior management regarding fraud trends and the effectiveness of current controls.
- Work closely with the customer service team to resolve fraud-related issues and maintain customer trust.
- Participate in cross-functional teams to improve fraud detection systems and processes.
- Manage workflow to optimize efficiency in day-to-day activities.
- Determine trends and variances in daily processing and identify areas in which positive changes can be made.
- Assists teammates in research and completion of tasks.
- Actively supports a positive teamwork environment.
- Completes timely execution of tasks.
- Researches and corrects issues.
- Adheres to regulatory and vendor requirements.
- Performs other duties and responsibilities as required or assigned by manager.
Requirements:
- 3 years Banking experience; or a combination of education and experience.
- Proven experience in fraud analysis, preferably within a banking or financial services environment.
- Strong analytical skills and attention to detail.
- Familiarity with banking regulations and Chex Systems operations.
- Excellent communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Proficiency in data analysis tools and software.
- PC proficient, including MS Word and MS Excel.
About Seacoast Bank:
We are an Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. We are committed to maintaining compliance and operational standards. All Associates are required to adhere to the highest legal and ethical standards applicable to our industry.
