North Easton Savings Bank · 1 day ago
Lead Fraud Analyst
Easton Center, MA
Full-time
Onsite
Mid, Senior Level
$72K/yr - $90K/yr
5+ years expNorth Easton Savings Bank is committed to preventing fraudulent activities, and they are seeking a Lead Fraud Analyst to oversee detection and investigation efforts. The role involves managing complex investigations, collaborating with various stakeholders, and implementing fraud prevention strategies to protect both the bank and its customers.
BankingFinanceFinancial Services
Hiring Manager
Sarah Williamson, PHR, SHRM-CP
Responsibilities
Analyze and evaluate transactional data, reports, and patterns to detect anomalies and potential fraud. Conduct root cause analysis of fraud incidents to identify vulnerabilities and implement preventative measures
Lead and manage the end-to-end investigation of suspected fraudulent activities, including internal, external, and cyber-related fraud cases. Collaborate with law enforcement agencies, regulatory bodies, and legal teams as needed
Maintain detailed and accurate case documentation to support investigations and compliance audits
Act as a liaison between the Bank and affected customers, fostering trust and confidence by delivering exceptional support, maintaining confidentiality, ensuring timely communication and resolution of fraud-related issues
Develop and implement fraud awareness initiatives to educate customers and staff
Support the AML/CFT Officer with Verafin system administration and analytical activities, as needed
Supervise and mentor other Fraud Analysts. Set performance goals, conduct evaluations, and promote a culture of accountability and excellence
Develop training programs and procedures to enhance team skills and knowledge of fraud detection and prevention techniques
Regularly review and update fraud detection systems, processes, and tools to ensure effectiveness
Provide data-driven insights and reports to senior management and board committees
Monitor emerging fraud trends and industry best practices to strengthen the bank’s fraud prevention strategies. Ensure adherence to regulatory requirements and bank policies related to fraud prevention and reporting
Partner with the compliance and risk management teams to align fraud prevention strategies with the bank’s overall risk framework
Qualification
Required
Bachelor's degree in finance, accounting, criminal justice, or a related field required
Minimum of 5 years' experience in fraud investigation, financial crime, or risk management, with at least 2 years in a supervisory/management role
Strong knowledge of banking operations, regulatory requirements and fraud detection technologies
Exceptional analytical and problem-solving skills with the ability to handle sensitive and complex cases
Excellent communication and interpersonal skills to engage with customers, staff, and external stakeholders
Proficiency in using fraud detection software, data analysis tools, and Microsoft Office Suite
Preferred
Advanced certifications such as CFE, CAMS, or CFCS
Company
North Easton Savings Bank
North Easton Savings Bank offers banking, commercial & mortgage loans and other financial services.
Founded in 1864South Easton, Massachusetts, USA
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Cate Adams
Chief Commercial Banking Officer
Recent News
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