Job Summary We are seeking a highly analytical and detail-oriented Fraud Specialist to join our financial compliance team. In this pivotal role, you will be responsible for detecting, investigating, and preventing fraudulent activities across various financial operations. Your expertise will help safeguard the organization's assets, ensure regulatory compliance, and uphold the integrity of our financial systems. The ideal candidate will possess a strong understanding of banking regulations, financial concepts, and fraud prevention techniques, contributing to a secure and compliant financial environment. Responsibilities Conduct thorough investigations into suspicious transactions and activities using data analysis skills and financial software tools. Monitor transactions for signs of fraud, money laundering, or other illicit activities in accordance with Anti-Money Laundering (AML) procedures and Bank Secrecy Act requirements. Collaborate with internal teams to develop and implement fraud prevention strategies aligned with industry best practices. Perform regulatory compliance analysis related to consumer protection laws, OFAC sanctions, TILA regulations, and other relevant legal frameworks. Maintain comprehensive documentation of investigations, findings, and compliance reports for regulatory review. Stay current on evolving industry knowledge of financial regulations and incorporate new compliance procedures as needed. Participate in ongoing training on securities law, banking risk management, and anti-fraud measures to enhance investigative capabilities. Contribute to regulatory reporting requirements ensuring accuracy and timeliness in line with industry standards. Experience Proven experience in financial institution investigation roles or related fraud prevention positions. Strong understanding of banking operations, financial concepts, and technical accounting principles such as GAAP and GAAS. Demonstrated knowledge of anti-money laundering (AML), OFAC compliance procedures, and banking regulatory frameworks. Experience with internal audits, risk management practices, and compliance management systems. Familiarity with financial software platforms used for data analysis and fraud detection. Knowledge of securities law, consumer protection laws, Fair Housing regulations (if applicable), and ACH processes. Prior involvement in regulatory reporting related to financial institutions or banking operations. Excellent analytical skills combined with attention to detail for effective investigation outcomes. This position offers an opportunity to play a vital role in maintaining the integrity of our financial operations through rigorous investigation and compliance oversight. We welcome candidates committed to upholding the highest standards of financial regulation adherence while contributing positively to our organizational security.

Expected hours:

40.0 per week

Benefits:

401(k) 401(k) matching Dental insurance Employee assistance program Flexible spending account Health insurance Health savings account Life insurance Paid time off Vision insurance

Education:

High school or equivalent (Required)

Experience:

Banking:

1 year (Required)

Work Location:

In person