Fraud Specialist

About the role

This full-time Fraud Specialist position is available in one of the following locations: Midland, Texas; College Station, TX; or Tampa, FL. The role reports to the Chief Administrative Officer.

Responsibilities

• Review financial transactions to identify suspicious or unusual activities using various fraud detection tools.
• Investigate fraud cases by tracking reported fraud, analyzing data, gathering evidence, and conducting associate interviews.
• Collaborate with law enforcement, the Bank Security Officer, and other departments to resolve cases.
• Prepare management reports detailing investigations, including outcomes (losses or recoveries) and recommendations for improving security measures.
• Identify vulnerabilities in the Bank’s systems and implement measures to mitigate risks, including developing and conducting formal risk assessments.
• Develop, implement, and educate staff on fraud detection and prevention techniques to enhance organizational vigilance.
• Assist Marketing Support with the development of client training and fraud alerts.
• Perform other duties as assigned.

Requirements

• Undergraduate Degree and/or minimum 5+ years of related banking experience.
• Certified Fraud Examiner (CFE) designation is desired.

Qualifications

• Electronic Banking product background and experience (Online Banking, ACH, wire transfer, positive pay, and Remote Deposit Capture).
• Check Clearing and check fraud background and experience.
• Excellent verbal and written communication skills.
• Strong knowledge of Regulations E and CC.
• Ability to develop strong working and consultative relationships and interact well with Bank associates at all levels.
• Excellent time management and organizational skills.
• Demonstrated flexibility, versatility, commitment, and good judgment.
• Strong analytical skills, ability to work independently with critical decision-making skills, attention to detail, and an understanding of financial systems.