Analyst, Fraud Risk Management-2

Webster Financial
United States
Workplace: OnsiteFull timeUSD 60,000 - 70,000 annuallyFunction: Legal, Risk & ComplianceExperience: 3-4 yearsEducation: bachelorsSkills: ["Analytic skills","Attention to detail","Independent work","Flexibility"]

Analyze banking transactions, new accounts, and customer behavior to detect anomalous activity and potential fraud. Monitor multiple delivery channels, review daily warning reports using automated scoring, and research discrepancies. Take actions such as placing holds, restricting access, and performing due diligence, including recommending account closures when warranted. Maintain accurate records, provide support to retail personnel, and escalate findings to help prevent losses to customers and the bank.

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Webster Financial
Webster Financial
3 days ago

Analyst, Fraud Risk Management-2

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Source: Company careers pageValidated by: Fursa AI
Last checked: 16 hours agoStatus: Live

Job Summary

Analyze banking transactions, new accounts, and customer behavior to detect anomalous activity and potential fraud. Monitor multiple delivery channels, review daily warning reports using automated scoring, and research discrepancies. Take actions such as placing holds, restricting access, and performing due diligence, including recommending account closures when warranted. Maintain accurate records, provide support to retail personnel, and escalate findings to help prevent losses to customers and the bank.
Location: United States
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Monitor transactions across multiple delivery channels to identify trends and patterns of fraudulent activity and take appropriate action.
  • •Review daily account warning report output from an automated scoring system and research fraudulent information or discrepancies.
  • •Mitigate potential fraud losses by placing holds/restricting access, preparing STMs, and conducting due diligence.
  • •Recommend closure of accounts deemed risky or suspicious and perform account maintenance as necessary.
  • •Maintain accurate records to ensure reporting accuracy and adherence to applicable laws and regulations, and make recommendations to management to update fraud prevention strategies.

Pay and Benefits

Salary: USD 60,000 - 70,000 annually

Key Requirements

  • •3-4 years of experience in retail operations, wire/ACH, branch supervision, compliance, audit, investigation, law enforcement, or a related field.
  • •Bachelor’s Degree in Arts/Sciences (BA/BS) or equivalent work experience preferred.
  • •Working knowledge of banking laws and regulations.
  • •Strong analytic and computer skills, including Microsoft Word, Excel, and PowerPoint.
  • •Ability to work independently in a high-volume environment with attention to detail.
Experience:3-4 yearsBankingFraudComplianceInvestigations
Education:Bachelor's in Arts/Sciences
Skills:Analytic skillsAttention to detailIndependent workFlexibility
Tech Stack:Microsoft WordMicrosoft ExcelPowerPoint

Company Brief

Webster Financial
Webster Financial is the holding company for Webster Bank, a U.S. regional bank providing commercial banking, consumer banking, and wealth management services. It serves businesses, individuals, and institutions across the Northeast.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Stamford, United States
Founded: 1935
WebsiteLinkedIn