Fraud/Security Analyst

The Fraud/Security Analyst occupies a vital role within BankNewport, directly contributing to following and implementing Fraud and Physical Security mitigations.  The Analyst will obtain keen problem solving abilities, including the sense to recognize non obvious patterns in the ever changing fraud environment.  The Analyst partners closely with the Fraud Officer, Facilities Team, along with internal teams and stakeholders to support both Fraud and Security Programs. 

• Analyzes customer account activity through the utilization of fraud filters and research tools to ensure the Bank maintains a high level of loss avoidance and a low level of risk due to fraudulent activity within the Bank’s customer base.
• Understands the digital delivery channels as it relates to products and services offered by the Bank and the corresponding security strengths and weaknesses, including proficient knowledge and understanding of customer authentication requirements.
• Ability to lead and work independently to identify areas of concerns and effectively problem solve by developing alternative solutions. Assist in development and implementation of new tools or processes to improve the way the Fraud Program is structured, managed and implemented. 
• Identify potential risks or inefficiencies and develop recommendations for improvement.  Actively seek the development of new or improved procedures or ideas, which will enhance overall Fraud loss and Physical Security of the Bank.
• Establishes good working relationships with all areas of the Bank to assist and lead them in their Fraud and Security program development.
• Identify new and emerging fraud trends and patterns. Requires ongoing training and networking outside the Bank.
• Ongoing monitoring of onboarding customers by reviewing results of systems analysis of new and existing customers.
• Review and decision Fraud Alerts that are conducted by the Bank’s fraud mitigation systems.
• Conducting investigations, creating reports, while working collaboratively with law enforcement agencies.
• Assists in conducting branch audits to assure the compliance of specific requirements outlined in the Bank’s Security Program.
• Review Security training obligations for Bank’s personnel on an annual basis.
• Works closely with the Facilities teams to monitors and reviews camera and security equipment functionality throughout the Bank’s locations.  
• Performs other duties as assigned.

• 3 – 5 years of experience within banking or financial background
• Proficiency in Microsoft Office and a foundational familiarity with proprietary banking software.
• Demonstrated organizational skills, precision, and an astute attention to detail.
• Capability to analyze data effectively, discerning anomalies and potential issues.
• Articulate communication skills adaptable to varied stakeholders.
• The ability to maintain confidentiality on sensitive information. 

BANKNEWPORT CORE VALUES

• We celebrate individuality
• We empower employees to be creative problem solvers
• We invest and take the time to really get to know our customers
• We commit to serving the financial needs of Rhode Islander’s

Physical Requirements

Any physical demands or work conditions described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable Accommodation may be made to enable individuals with disabilities to perform the essential functions.  Employees need to have the ability to:

• Travel independently to the position’s primary work location, other bank properties and work-related activities or events at locations outside the Bank.
• Effectively communicate and exchange accurate information and ideas so others will understand.
• Independently 0perate a computer and other office machinery, such as a calculator, copy machine, printer and software programs related to the position needed to complete the primary functions.
• Sit or stand at a workspace and use a computer or other equipment for prolonged periods of time.
• Meet the hybrid work schedule requirements for physically working in the office during normal business hours on Mondays and Wednesdays and another day of choice to effectively meet business needs.
• Move office items weighing up to 35 pounds.
• Work in an environment with low to moderate noise levels.

OceanPoint and BankNewport are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity or expression, pregnancy, childbirth or related medical conditions, military service, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances.