Arvest Bank · 19 hours ago

IAS Fraud Detection Senior Analyst

United States

Full-time

Remote

Mid, Senior Level

$24.63/hr - $29.25/hr

3+ years exp

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Responsibilities

Perform complex research of suspicious activity conducted against, or otherwise involving, Arvest Bank deposit and loan accounts, products, or services, which includes analysis of deposit and loan applications and accounts, following up with customers and potential fraud subjects, review of correspondence, phone conversations, video surveillance, log-in activity, transactional activity, and other relative data resources to the fraud case or event.

Assess the level of financial loss exposure by reviewing and analyzing account activity. Resolve abnormal and high loss fraud situations that require differential treatment or specialized resolution and research and handling.

Take action to mitigate the impact of identified fraudulent activities, including suspending services, placing holds, closing customer relationships, monitoring transaction activity during the resolution process, advising victimized customers on preventative steps, and collaborating with others as necessary. Prepare detailed and accurate reports on fraud incidents, investigations, and mitigation strategies for senior management and other stakeholders.

Ensure proper documentation of fraud cases, including evidence, analysis, and outcomes, while adhering to data protection and privacy regulations.

Provide subject matter expertise related to potential fraud. Possess extensive knowledge of the processes, policies, and procedures followed by frontline associates, contact center, Treasury Management and operational departments involved with fraud risk management.

Stay abreast of emerging fraud trends, techniques, and technologies and proactively adapt fraud detection strategies to counter new threats.

Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Fraud ExperienceCertified Fraud Examiner (CFE)Data Analysis TechniquesSQLExcelStatistical SoftwareData Visualization ToolsFraud Detection SystemsFinancial RegulationsCompliance RequirementsMentoring Skills

Required

Associates degree or equivalent relevant work or military experience.

3 years of experience in loss prevention.

Strong expertise in utilizing advanced data analysis techniques and tools such as SQL, Excel, Sheets, statistical software, and data visualization tools.

In-depth knowledge of fraud detection systems, methodologies, and industry best practices.

Familiarity with financial regulations, compliance requirements, and fraud-related laws.

Excellent problem-solving and critical-thinking abilities, with exceptional attention to detail.

Strong leadership and mentoring skills with the ability to guide and inspire team members.

Outstanding written and verbal communication skills to effectively convey complex information to diverse stakeholders.

Ability to work independently and collaboratively in a fast-paced environment.

Relevant military experience is considered for veterans and transitioning service members.