Municipal Credit Union · 9 hours ago
Fraud Analyst
NYC Metro Area
Full-time
Onsite
Mid Level
$62K/yr - $74K/yr
3+ years expMunicipal Credit Union is a financial institution committed to helping New Yorkers build better financial futures. The Fraud Analyst will work towards preventing and mitigating losses related to financial crimes, collaborating with various departments to enhance investigations and controls.
BankingFinanceFinancial Services
Responsibilities
Review and critically analyze alerts and information from various systems pertaining to financial crimes that include, but are not limited to: Bank Fraud, Check Fraud, Counterfeits, Alterations, Forged Endorsement, Forged Maker, Kitting, New Account Fraud, Loan Fraud, Identity Theft, Returned Deposited Items, ACH Fraud, Wire Fraud, ATM Fraud, Unjust Enrichments, Internal Investigations, Inquiry cases and Other Losses for disposition and escalation
Perform investigative practices to include but not limited to: complying with regulatory requirements, conduct interviews, compile documentation and evidence, and develop initial investigative reports in the case management system for further investigation by the appropriate fraud investigator(s)
Contact members and/or branch personnel regarding fraud claims
Identify new and emerging fraud trends and patterns and report findings to the Investigations Manager
Develop, recommend and deploy counter measures and analyze impact for FCI regarding omni-channel fraud
Proactively seek to improve efficiency, reduce and mitigate losses
Research, evaluate and identify control deficiencies/violations that contribute to the fraud, and make recommendations to Investigations Manager to enhance controls
Ensure quality, uniformity and compliance with regulations throughout the MCU footprint and adhere to standard operating procedures for the Financial Crimes & Intelligence
Work collaboratively with other departments to recommend solutions that impact performance, risk, losses and threats to the organization
Be a valuable contributor to influence operational best practices within FCI
Perform other duties as requested and special projects as assigned
Qualification
Required
Bachelor or Associate degree in Criminal Justice, Business, or Accounting, related field or work experience required
Minimum of 3 years of fraud analysis and investigation experience in the financial industry
Omni-channel experience to include but not limited to ACH, Wire, Check Fraud, Identity Theft, etc
Basic knowledge and understanding of Federal/State/Local criminal statutes, bank regulatory, and compliance
Flexible hours as required
The ability to maintain confidential information
Proven initiative to be a self-starter and proactive approach
Professional appearance demeanor
Must be able to demonstrate a team mentality
Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail
Technologically proficient
Preferred
Industry recognized certifications, (I.e. - CFE, is a plus but not required)
Proficiency in Verafin Monitoring/Case Management
Benefits
Competitive Compensation, Medical And Dental Benefits.
401K with employer match
Flexible paid time off
Company
Municipal Credit Union
Municipal Credit Union has been serving the financial needs of our members since 1916.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Kyle Markland
Chief Executive Officer
Frank Madeira
Chief Financial Officer
Recent News
2025-05-16
Digital Trends
2025-03-29
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