Risk & Fraud Mitigation Specialist

Risk & Fraud Mitigation Specialist

As our Risk & Fraud Mitigation Specialist, you will :

• Review daily maintenance reports, override reports and negative account reports.
• Review branch, ATM, and shared branch checks and calls for funds availability placing extended holds where appropriate. Review returned checks assisting with loss determent and mitigation.
• Review mobile deposits accepting or rejecting each as necessary and placing extended holds where appropriate.
• Conduct daily review of all online account applications to identify potential red flags or suspicious activity including investigating activity, verifying applicants' information and documentation, confirming identity, and validating documentation, escalating hire-risk application to management, working closely with branch staff to ensure consistency and accuracy in fraud prevention efforts, and ensuring adherence with policy and regulatory requirements.
• Research, complete, and submit all related legal filings including but not limited to subpoenas, citations, levies, garnishments, child support orders, liens, social security reclamations, surrender notices, and turnover orders.
• As it relates to checks, ATMs, and other duties, initiates investigations of suspicious member / staff activity as appropriate to determine facts pertaining to the situation. Obtains evidence and collects information required for prosecution. Communicates with external law enforcement agencies, providing requested evidence for prosecution and potential restitution of losses.
• Performs internal audits in each branch including but not limited to cash counts and verification of other near cash inventories as well as new and closed accounts, certificates, address changes, and non-mailed statements and maintaining associated logs as well as preparing and distributing audit reports.
• Investigate instances of vulnerable adult financial exploitation activity as appropriate to determine facts pertaining to the situation. Obtains evidence and collects information required for prosecution. Communicates with designated government agencies and external law enforcement agencies, providing requested evidence needed for appropriate subsequent action.
• Prepare written reports on internal audit reviews, including findings, responses, analysis, conclusions, and recommended actions and submissions to Risk Manager.
• Maintain all logs and statuses related to audits, fraud investigations, legals, and all other areas of responsibility.
• Send out or post on the Break Room alerts and bulletins about current scams for staff awareness as well as keeping staff updated on check fraud caught by employees.
• Assist with investigating member complaints and reports to Manager of Risk Management as needed.
• Assist with Risk Management orientation for new employees.
• Participate in webinars and other educational opportunities to gain expertise in regulations, compliance, Bank Secrecy Act, and other risk management areas.
• Serve as back-up for Senior Risk Management Specialist as needed.

Requirements :

Benefits :

For a full list of our benefits, visit https : / / www.abricu.com / home / careers / benefits

Hours : M-F 8 : 30am-5 : 00pm

EOE