First Western Bank & Trust has a full-time opening for an on-site Fraud Specialist at the West Fargo Admin location.
Fraud Specialist Benefits Include:
- Paid Vacation, Sick Leave and Holidays
- Health Insurance
- Dental Insurance
- Vision Insurance
- 401k with matching contributions
- Volunteer Paid Time Off
- Banking Benefits
- And more!
With all the benefits listed above, this is a great opportunity for the right candidate!
Fraud Specialist Overview
This position is responsible for reviewing customer transactions for possible fraud and suspicious activity. The position will identify unusual transaction behavior patterns on accounts. Other responsibilities include reporting and record keeping. The structure of this position requires the ability to work with processes based on varying and unique results and circumstances, not on defined instructions. This position requires attention to detail, as well as excellent analytical skills to identify suspicious and/or fraudulent activity. This position requires the individual to exercise sound judgment and to observe the highest degree of confidentiality in the handling of information. This position operates under the guidance of the Chief Risk Officer and Fraud Investigator.
- Detect and monitor for suspicious or fraudulent activity using various fraud alerts, reports, and systems.
- Determine if account freezing or other actions are necessary to mitigate loss exposure.
- Provide primary and backup coverage on Fraud processes and monitoring.
- Complete investigations and keep detailed documentation on confirmed suspicious or fraudulent activity.
- Collaborate with other First Western Bank departments, other financial institutions, law enforcement authorities or customers when researching and resolving suspicious or fraudulent activity.
- Speak directly with and remediate issues affecting customers impacted by fraudulent activity.
- Develop and maintain collaborative working relationships with internal and external clients by applying excellent verbal, written and telephone communication skills.
- Make recommendations for revisions that would improve First Western’s ability to deter fraud and suspicious activity.
- Assist with team, department, or company-wide projects, as required.
- Maintain compliance with federal, state, and local employment laws and regulations, and recommend best practices; review policies and practices to maintain compliance; communicate changes to employment-related policies and practices to ensure compliance.
- Ensure compliance with banking laws, regulations, and the Bank’s policies and procedures, including the Bank Secrecy Act
- Maintain continuing education related to regulatory standards.
Fraud Specialist Qualifications:
- Financial/Banking related degree, equivalent collegiate credit hours, or 2 years of industry experience.
- Preferred fraud, BSA, or AML experience.
- Preferred banking or financial services experience.
Fraud Specialist Skills/Abilities:
- Demonstrate strong interpersonal, written, and oral communication skills
- Strong analytical skills with ability to assess and identify risk
- High degree of attention to detail and ability to work independently
- Confidentiality and tactfulness in dealing with bank and customer information is mandatory
First Western Bank & Trust is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, or veteran status.