1 Fraud Analyst Job in Westlake, OH
Sorry! This job is no longer available. Please explore similar jobs listed on the left.
EQUITY ADMINISTRATIVE SERVICES INC AND AFFILIATES is Hiring a Fraud Analyst Near Westlake, OH
Job Details
Description
*This position is located in our Westlake, OH office is eligble for a hybrid schedule after probationary period.
JOB OVERVIEW
The Fraud Analyst manages the Fraud Prevention Program including analytic and investigative work related to fraud, suspicious activity, and risk mitigation. The position will synthesize data and fact patterns into relevant reporting while partnering with departments throughout the company to implement fraud prevention measures.
RESPONSIBILITIES & DUTIES
- Assess the company’s fraud risk profile to apply appropriate risk management processes.
- Evaluate controls and recommend enhancements to minimize losses.
- Develop fraud monitoring through manual and automated systems for prevention and detection.
- Perform in-depth investigations of potentially fraudulent activity.
- Effectively compile, organize, and interpret data from databases and online tools.
- Provide sound metrics for early identification of fraud trends.
- Steer the internal cross-functional fraud prevention team.
- Prepare reports to management and committees.
- Submit Suspicious Activity Reports (SARs) as applicable for reportable activity.
- Assist in regulatory compliance efforts including Bank Secrecy Act (BSA) / Anti-Money Laundering and Office of Foreign Assets Control (OFAC).
- Monitor industry trends and emerging risks through continuing education and professional organizations.
- Design and deliver fraud training within the company.
- Provide frontline support by responding to questions regarding compliance and fraud matters.
- Participate in Compliance projects.
- Perform other duties as assigned.
QUALIFICATIONS
- Minimum 3 years of experience in Compliance, Operations, or Audit department of financial services or other regulated business (bank, broker-dealer, or trust company preferred)
- Bachelor’s Degree in Business Administration, Finance, or related field; relevant work experience in lieu of a degree may be considered
PROFESSIONAL CERTIFICATIONS
- Certified Fraud Examiner (CFE)
TECHNICAL SKILLS
To be successful in this role, you should have experience with and an understanding of the following:
- Knowledge in trust/financial service industry preferred
- Familiarity with South Dakota Division of Banking Trust Company regulations, Internal Revenue Service requirements, and other federal laws preferred
- Proficiency working with Microsoft Office suite
CULTURAL COMPETENCIES
In addition to our core company competencies of Cultivates Innovation, Nimble Learning, Action Oriented, Collaborates, and Being Resilient, a successful candidate in this role should exhibit the following behavioral competencies:
|
|
|
|
Equity Trust Company is an equal opportunity at will employer and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation or national origin.
Qualifications
Job Summary
Other
$42k-53k (estimate)
03/14/2024
05/09/2024
The job skills required for Fraud Analyst include Microsoft Office, Financial Services, Risk Management, Communicates Effectively, etc. Having related job skills and expertise will give you an advantage when applying to be a Fraud Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Fraud Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Fraud Analyst positions, which can be used as a reference in future career path planning. As a Fraud Analyst, it can be promoted into senior positions as a Merchant Chargeback Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Fraud Analyst. You can explore the career advancement for a Fraud Analyst below and select your interested title to get hiring information.
If you are interested in becoming a Fraud Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Fraud Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Fraud Analyst job description and responsibilities
Follows standard procedures to document a loss and prepare a summary and reconciliation.
03/26/2022: Lowell, MA
Conduct varying levels of investigation to verify product authenticity.
03/12/2022: Wichita, KS
Support ad-hoc investigations across the fraud organization.
04/13/2022: Muskegon, MI
Understand Procedures Fraud analysts need a good comprehension of laws concerning fraud.
04/30/2022: Moline, IL
A good fraud analyst should, therefore, be able to handle stress and pressure and, at the same time, deliver quality work on all client projects.
03/29/2022: Portsmouth, OH
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Fraud Analyst jobs
Responsible for applying knowledge to diverse investigative needs.
04/24/2022: Lexington, KY
To become certified by the Association of Certified Fraud Examiners, or ACFE, fraud analysts must have at least two years of professional experience detecting or deterring fraud.
04/16/2022: Twin Falls, ID
Organizations should start by training their employees on how to detect fraud at work.
05/05/2022: Charlotte, NC
There are many routes to becoming a fraud analyst, but all require mastering certain skills and technical knowledge.
02/28/2022: Lorain, OH
Any errors, omissions, and signs of fraud must be detected early enough before the loan goes to the approval stage.
03/21/2022: Binghamton, NY
Step 3: View the best colleges and universities for Fraud Analyst.
Similar Jobs
Popular Articles
