What are the responsibilities and job description for the Fraud Analyst position at Beacon Credit Union?
Do you have a passion for uncovering fraud, solving complex puzzles, and protecting members from financial crime? We're looking for a sharp, detail-oriented analyst to join our Compliance team and help safeguard our members' financial success!
ABOUT US:
Beacon Credit Union is a leading financial institution is "Dedicated to Our Member's Financial Success" by providing exceptional service and innovative banking solutions.
Why Join OUR Team?
Positive and supportive team culture
Competitive salary and benefits package and incentives
Generous PTO and 11 Paid Holidays
Ability to earn additional PTO through volunteer opportunities
Employee discounts on loans and banking products
401(k) Employer Match and Profit-sharing potential
100% Bank Paid Long-Term Disability, Short-Term Disability and Life Insurance
Learning and growing in a dynamic work environment
First class - Orientation and Training that showcases our mission and customer service standards
Location: Lynchburg, VA
NOW HIRING! Fraud Analyst
We're looking for a highly analytical and detail-oriented Fraud Analyst to join our Compliance team. In this role, you'll help protect our members and the credit union by identifying suspicious activity, conducting in-depth investigations, and preventing financial losses. Every day brings a new challenge as you investigate fraud cases, analyze transaction patterns, collaborate with law enforcement, and help members navigate difficult situations with confidence and care.
Perks of the Job:
Ready to uncover opportunities, prevent fraud, and protect what matters most?
Apply today and join Beacon Credit Union's mission-driven team!
EOE
m/v/f/d
ABOUT US:
Beacon Credit Union is a leading financial institution is "Dedicated to Our Member's Financial Success" by providing exceptional service and innovative banking solutions.
Why Join OUR Team?
Positive and supportive team culture
Competitive salary and benefits package and incentives
Generous PTO and 11 Paid Holidays
Ability to earn additional PTO through volunteer opportunities
Employee discounts on loans and banking products
401(k) Employer Match and Profit-sharing potential
100% Bank Paid Long-Term Disability, Short-Term Disability and Life Insurance
Learning and growing in a dynamic work environment
First class - Orientation and Training that showcases our mission and customer service standards
Location: Lynchburg, VA
NOW HIRING! Fraud Analyst
We're looking for a highly analytical and detail-oriented Fraud Analyst to join our Compliance team. In this role, you'll help protect our members and the credit union by identifying suspicious activity, conducting in-depth investigations, and preventing financial losses. Every day brings a new challenge as you investigate fraud cases, analyze transaction patterns, collaborate with law enforcement, and help members navigate difficult situations with confidence and care.
Perks of the Job:
- Put your investigative skills to work solving complex fraud cases and protecting members from financial harm.
- Play a critical role in safeguarding the credit union from emerging fraud threats.
- Work closely with leadership, branch teams, and external agencies to make a meaningful impact.
- Gain experience with fraud prevention technologies, financial crime investigations, and regulatory compliance.
- Enjoy a dynamic environment where no two days are the same.
- Expand your expertise through ongoing training and professional development opportunities.
- Monitor fraud detection systems and analyze member behavior, transaction activity, devices, and locations for signs of suspicious activity.
- Conduct investigations involving electronic fraud, debit and credit card fraud, account takeover, identity theft, check forgery, elder financial exploitation, money laundering, and check kiting.
- Manage fraud claims and lost/stolen card reports, including gathering supporting documentation and reviewing member affidavits.
- Exercise sound judgment when evaluating fraud claims and determining appropriate actions within established policies and regulations.
- Prepare detailed investigative reports and document findings, recommendations, and loss prevention efforts.
- Assist branches and other departments with fraud-related training, procedures, and documentation.
- Serve as a primary contact with law enforcement and external agencies regarding fraud investigations and elder exploitation cases.
- Ensure compliance with BSA, OFAC, Patriot Act requirements, and all applicable regulations and company policies.
- Associate degree, specialized certification, related training, or equivalent work experience.
- Minimum three years of experience in fraud investigations, compliance, financial crimes, banking, or a related field preferred.
- Experience working with Visa, Mastercard, chargebacks, disputes, and payment processing systems preferred.
- Strong analytical, investigative, and problem-solving skills.
- Excellent written and verbal communication skills.
- Ability to maintain confidentiality and exercise sound professional judgment.
- Proficiency with databases, spreadsheets, word processing software, and fraud monitoring systems.
- Knowledge of financial regulations and fraud prevention practices preferred.
Ready to uncover opportunities, prevent fraud, and protect what matters most?
Apply today and join Beacon Credit Union's mission-driven team!
EOE
m/v/f/d