Fraud Risk Analyst II

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

📋 Description

• Assist in the BaaS program by overseeing FinTech partners, focusing on fraud analysis evaluations.

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

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

• Keep track of fraud reviews and overall status, providing updates to management as needed.

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

• Analyze Partner Policies and Procedures to pinpoint gaps in the customer lifecycle.

• Execute low- and medium-level fraud assessments for both internally and externally flagged events involving BaaS Partners.

• Compile and present fraud summaries, analyses, and recommendations to management.

• Keep an eye on emerging fraud trends.

• Offer guidance and best practices to BaaS partners.

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

• Support AI and automation initiatives through documentation of requirements, research, implementation assistance, and monitoring of outputs.

• Ensure records in the GRC system are accurate, complete, and ready for audits.

• 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.

• Perform additional duties as assigned.

⛳️ Requirements

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

• Familiarity with GRC platform(s).

• Ability to function effectively within a team setting.

• Capability to resolve issues independently and make general decisions during daily operations.

• Proficient in interfacing with other departments and thriving in a fast-paced environment with minimal supervision.

• Skilled in analyzing data and trends to discover process improvements and operational efficiencies.

• Exceptional written and verbal communication abilities.

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

• Strong attention to detail and accuracy.

• Proficient in effectively presenting information and addressing questions from management, impacted departments, and BaaS Partners.

• Bachelor’s Degree or equivalent relevant experience.

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

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

• Must be able to work without employment sponsorship.

🏝️ Benefits

• Three competitive medical plans.

• Health Savings Account (HSA) with tax advantages and employer contributions.

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

• Dental and vision insurance.

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

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

• Hospital Indemnity, Accident Insurance, and Critical Illness coverage.

• 401(k) retirement plan with company matching.

• Paid vacation and sick leave.

• 11 paid holidays annually.

• Opportunities for flexible personal development and continuous improvement.