Digital Banking & Payments Fraud Analyst

Job Description

Digital Banking & Payments Fraud Specialist

• Fraud Detection and Prevention: Monitor digital banking and account transactions to identify and analyze fraud patterns. 
  • Implement strategies to prevent fraud and mitigate risks. 
  • Responsible for reviewing chargeback cases and resolution.
  • Review daily reports.
• Incident Response: Respond promptly to fraud incidents, conduct thorough investigations and take necessary actions to minimize losses and protect members. Escalate scams and fraud to the BSA and Fraud Officer as necessary.
• Fraud Monitoring: Oversee all fraud alerts and cases from notification to resolution or escalation, ensuring timely and effective handling of the fraud cases.
• Serve as an internal subject matter expert on digital banking and payment systems, including online banking, mobile banking, remote deposit, P2P payments, and emerging payment technologies.
• Process digital services enrollment and updates
• Process Business Services:
  • Grow and retain business relationships through Cash Management options
  • Set up new Businesses with ACH Origination and Remote Deposit Capture 
  • Perform annual business review and questionnaire
• Product and Feature Deployment: Collaborate with cross-functional internal teams and external vendors or partners to support the deployment of new and existing digital banking products and features, ensuring they are secure, compliant, and a seamless experience for users. 
  • Participate in new product roll out or enhancements to existing services (i.e. Zelle, FedNow, AI…)
  • Partner with internal departments to drive adoption, education, and effective utilization of digital and payment system products and services.
• Cross-Department Process Optimization: Collaborate with internal departments to streamline payment-related workflows, enhance operational efficiency, and improve end-to-end processes within digital banking and payment channels.
• Strategy Implementation: Assist in developing and implementing fraud prevention strategies, policies, and procedures.
• Collaboration: Work closely with various teams across the organization, including BSA/AML, fraud, retail and business units, audit, risk and compliance, marketing and IT, to ensure secure and trusted digital banking and payments experience.
• Compliance and Reporting: Ensure all activities comply with regulatory requirements and internal policies. 
  • Prepare and present reports on fraud trends and prevention measures.
  • Maintain an active awareness and understanding of regulations and laws, including but not limited to: Bank Secrecy Act, Anti-Money Laundering, Regulation E, Regulation CC, Regulation J, US Treasury Green Book, NACHA Operating Rules Book, UCC 4a, OFAC. 
• Member Service: Provide both internal and external member service to support digital banking platforms and services, as well as fraud-related support. This includes troubleshooting digital banking issues, opening support cases with vendors, communicating with members to initiate and resolve their fraud claims, and ensuring a positive member experience throughout the process.
• Attend local fraud meetings or other industry fraud training courses.
• Perform other duties as assigned.

• Associate’s degree or an equivalent level of knowledge, skills, and abilities typically acquired through work experience.
• Minimum 2 years of financial institution work experience.
• Experience working with digital banking and payment channels such as online & mobile banking, CardServices, operations.
• Demonstrated experience in identifying and investigating potential fraud activity.
• Must be at least 18 years of age.
• Pass the pre-employment credit and background screening.

• Strong understanding of digital banking platforms, payment rails (ACH, card networks, RDA/mRDA, P2P, Fednow, etc.), authentication methods, system integrations, and member facing digital experiences
• Ability to clearly explain digital banking features and payment processes to both staff and members
• Maintain up to date awareness of industry trends, emerging fraud threats, new technologies, and regulatory changes impacting digital banking and payments.

• Multitasking and Prioritization: Ability to multitask and prioritize in a fast-paced, changing environment while maintaining a commitment to accuracy, confidentiality, and timeliness.
• Technical Knowledge: Understanding of payment systems, digital banking products, and financial technologies.
• Written Communication: Exceptional written communication abilities to maintain accurate records of fraud cases, investigations, and mitigation actions.
• Analytical Skills: Strong analytical skills to identify and interpret fraud patterns and trends.
• Problem-Solving: Effective problem-solving skills to address and resolve fraud incidents promptly.
• Attention to Detail: High attention to detail to ensure thorough investigations and accurate reporting.
• Collaboration: Ability to work collaboratively with cross-functional teams, including fraud, retail operations, audit, risk and compliance, and IT.
• Member Service: Strong member service skills to provide support to both internal and external members, including troubleshooting digital banking issues and resolving fraud claims.
• Regulatory Knowledge: Knowledge of regulatory requirements and compliance standards related to digital banking and payments.
• Adaptability: Flexibility to adapt to new challenges and changes in the digital banking landscape.
• Confidentiality: Commitment to maintaining confidentiality and integrity in handling sensitive information.
• Proactive Approach: Proactive approach to identifying potential fraud risks and implementing preventive measures.

• Ability to move about and communicate with a diverse membership and employee group.
• Ability to accomplish the described responsibilities using computers and technology.
• Ability to sit and/or stand for extended periods of time.
• Ability to work in a changing, challenging, and fast paced work environment.
• Variable stress levels.
• Provide own transportation.
• Occasional business travel.

• As the Digital Banking & Payments Fraud Specialist, you are expected to embody and promote core cultural values of Blackhawk Community Credit Union. These values guide daily interactions, decision-making, and community engagement, ensuring a positive experience for members, partners, and employees.
• Member-Centric Service - Consistently prioritizes the financial wellbeing of members, partners and employees. Strive to exceed service expectations, build trust through empathy and active listening, and deliver personalized financial education that inspires confidence and empowerment.
• Integrity & Accountability - Demonstrate honesty, transparency, and ethical behavior in all actions. Take responsibility for commitments, follow through on obligations, and uphold the credit union’s reputation for trust and reliability within the community.
• Collaboration & Teamwork - Foster a supportive, inclusive, and cooperative work environment. Partner effectively across departments, with educators, and with community organizations to achieve shared goals and strengthen impact.
• Continuous Learning & Growth - Embrace opportunities for personal and professional development. Seek feedback, stay current on financial trends, and continuously improve program content and delivery to meet evolving community needs.
• Community Engagement – Actively represent BHCCU in schools, events, and partner organizations with professionalism and enthusiasm. Strengthen relationships through visible involvement and genuine connection, enhancing the credit union’s presence and reputation.
• Adaptability & Resilience – Maintain composure and positivity in dynamic, public-facing environments. Adjust quickly to changing schedules, group needs, or event circumstances with flexibility and professionalism.
• Respect & Inclusion - Treat all members, colleagues, and community partners with dignity and respect. Promote an environment where every voice is valued and each person feels empowered to learn and participate.