Back to Career Opportunities Listing
Fraud Prevention Analyst
Job Objective: Reduce bank losses by serving as an early detection device for identifying account fraud characteristics in customer accounts before a loss occurs. Assist in daily operations and initiate any enhancements to the operations.
Essential Functions: Monitor fraud prevention reports, and ensure appropriate steps are taken to reduce possible and actual losses. 20% Complete daily account fraud-related investigations or other assigned investigations as directed following established guidelines. 20% Review processes and procedures and determine if enhancements need to be implemented to make the process more efficient. Ensure the procedures are documented appropriately 10% Support the branches through any fraud prevention function. 10% Initiate review of any questionable activity through either your system suspects or through any other manner that is presented. 10% Revise and create policies and procedures for fraud related functions. 10% Ensure job functions and responsibilities are fully covered each day and any risk mitigation is implemented before leaving for the day. 10% Work with various lines of business to compile and track fraud related activity and ensure the incidents are following the policies and procedures. 10%
Performance Management: Documents employee performance throughout the work cycle. Provides timely and appropriate feedback/coaching as necessary. Plans for performance discussions, clarifies performance expectations, conducts performance reviews and recommends appropriate pay adjustments.
StellarOne in Action: Supports and practices StellarOne Core Values of Excellence, Partnership and Service and follows StellarOne in Action protocol.
Compliance: Performs assigned responsibilities in compliance with all job-relevant legal and regulatory requirements. Maintains current operating knowledge of all job-relevant legal and regulatory requirements through the successful completion of mandatory compliance and regulatory training and attendance at all mandatory regulatory compliance activities.
Non-Essential Functions: Performs other duties that may be assigned.
Education, Skills and Experience Required: Associate’s or Bachelor's degree in Accounting, Finance, Criminology, or related field; or relevant work experience. Three years banking/financial experience required. Two to four years risk management experience recommended. Knowledge of internal audit procedures and bank operations strongly recommended.
Skills and Abilities: High degree of initiative needed to make independent decisions and adapt general practices and concepts to specific problems in planning method and sequence of work. Good written and oral communication skills. The ability to work in a professional and courteous manner with all levels of bank staff and outside organizations.
ADA Specifications (Work Requirements): Physical Demands- The work environment and physical demands are those of a standard office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
This job description may be added to, modified, streamlined and/or changed at any time to meet the organization’s needs.
