Fraud Risk Analyst II

This is a fully remote position, open to applicants in United States.

📋 Description

• Assist in the BaaS program by managing FinTech partnerships, focusing on fraud analysis assessments.

• Coordinate and relay information requests between FinTech partners and internal teams.

• Monitor and follow up on fraud reports, incidents, and associated communications.

• Keep track of fraud reviews and their statuses while providing updates to management.

• Conduct daily monitoring reviews and raise any concerns to the Lead or Manager.

• Evaluate partner policies and procedures to pinpoint gaps in the customer lifecycle.

• Complete low- and medium-level fraud assessments for events identified by both internal and external BaaS partners.

• Prepare and deliver summaries, analyses, and recommendations on fraud to management.

• Observe emerging trends in fraud.

• Offer guidance and best practices to BaaS partners.

• Maintain fraud procedural manuals, job aids, and relevant tools.

• Assist in AI and automation projects through documentation of requirements, research, implementation support, and monitoring outputs.

• Keep accurate, complete, and audit-ready records in the GRC system.

• Stay informed about BSA, USA PATRIOT Act, OFAC, Regulation E, Truth in Savings Act, UDAAP, Truth in Lending, and Equal Credit Opportunity Act requirements.

• Adhere to regulatory and compliance standards.

• Provide recommendations to the BaaS Fraud Risk Manager.

• Carry out additional duties as assigned.

⛳️ Requirements

• Strong knowledge and understanding of FinTech, with a solid background in fraud analysis and technical expertise.

• Familiarity with GRC platform(s).

• Ability to collaborate effectively within a team environment.

• Capability to resolve issues with minimal guidance and make daily processing decisions.

• Proficiency in interacting effectively with other departments in a fast-paced setting with limited supervision.

• Ability to analyze data and trends to uncover opportunities for process improvement and operational efficiency.

• Exceptional written and verbal communication skills.

• Capacity to manage multiple tasks/projects and meet deadlines concurrently.

• Strong attention to detail and commitment to accuracy.

• Ability to present information and address inquiries from management, affected departments, and BaaS partners.

• Bachelor’s Degree or equivalent relevant experience.

• Preferred experience of 2–4 years in bank fraud and risk management.

• Willingness to work standard Pacific Time business hours (8 AM–6 PM PT with flexibility), regardless of location.

• Capability to work without employment sponsorship.

🏝️ Benefits

• Medical coverage with three different medical plan options.

• Health Savings Account (HSA) with employer contributions for eligible plans.

• Flexible Spending Accounts (FSA) for healthcare and dependent care expenses.

• Dental and vision insurance coverage.

• Company-paid basic life insurance along with optional additional coverage.

• Coverage for long-term and short-term disabilities.

• Supplemental hospital indemnity, accident insurance, and critical illness coverage.

• 401(k) retirement plan with company matching contributions.

• Paid vacation and sick leave.

• 11 paid holidays each year.

• Opportunity for bonuses.