1 to 5+ years of experience in reviewing customer transactions and information for identifying potentially suspicious activity and fraud reviews/investigations.
Good understanding of fraud and reputational risk.
Excellent research skills including experience with online search tools, such as but not limited to KYC, Cognos.
Advanced proficiency in Microsoft Word, Excel, Access, and Outlook.
Ability to understand and draw conclusions from research conducted.
Desired Skills & Experience
Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.
Work experience in a financial institution with job specific work experience in Fraud Monitoring.
What You Will Be Doing
Liaise with other business unit to detect fraud effectively.
Case monitoring of existing accounts with fraudulent wire activity.
Escalate suspicious cases to investigation unit by providing all relevant information in order to prevent loss to the client and the company.
Ensure all cases details are provided for accurate reporting.
Review detailed fraud detection information from various sources that provide suspect or unusual activity requiring research and follow-up.
Provide prompt and appropriate action on identified suspect customers and accounts.
Draft narratives and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements.
Case management, provide detail evidence, all supporting documentation.