Card Fraud Analyst

PSECU; Harrisburg (Dauphin County); On-site; USD 42,000 - 66,000; Full time

Job summary

PSECU is seeking a Card Fraud Analyst for the Plastic Card Fraud Unit in Harrisburg, PA. The role focuses on monitoring fraud alerts, reviewing transactions, and enforcing fraud procedures to minimize disruption for members and loss to the credit union.

Responsibilities include investigating disputes, maintaining thorough documentation, and staying current with fraud trends. Involved interactions with members, merchants, and internal teams to ensure accurate, timely decisions.

Qualifications

• High School diploma or equivalent.
• Ability to work Monday-Friday 9:00am-5:00pm with at least one day onsite per week.

Responsibilities

• Fraud monitoring: Review alerts and reports from fraud systems to validate fraud and take actions to minimize loss.
• Investigate member transaction disputes related to lost/stolen cards or fraudulent activity.
• Document event history to establish fraud timeline.

Skills

Fraud detection

Investigation

Communication

Education

High School Diploma

Tools

Fraud databases

Neural networks

Job description

Members Achieve More isn’t just a tagline for us, it’s part of everything we do! We’re looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that’s remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on…

Card Fraud analysts in the Plastic Card Fraud Unit are cross trained to utilize fraud systems and databases for the detection and prevention of ATM and Visa card fraud. Fraud alerts and suspicious transaction activity are reviewed and investigated daily. Investigation of account activity requires accurate compilation and documentation of facts as information is exchanged between members, retail merchants, and other internal and external parties. Fraud Analysts will work to achieve four primary business unit objectives: Financial Objective: Minimize fraud loss to members and PSECU; Member Objective: Minimize interruption of card services to members; Process Objective: Fast detection of fraud and consistent application of fraud procedures; Learning and Growth Objective: Maintain the education requirements of the business unit to improve fraud recognition skills, contribute to the improvement of fraud prevention strategies, and to educate members about fraud detection tools available through PSECU’s self-service channels.

Schedule: Monday - Friday 9:00am - 5:00pm. Required one day a week onsite.

In this position, you will

• Fraud Monitoring: Reviews fraud alerts and reports generated by computer software (neural networks) and proprietary databases designed to detect fraud. Evaluates account activity to validate fraud and implements decisions, to include but not limited to, restriction of card services, application of fund holds, and suspension of account access to minimize interruption of service and fraud loss to members and PSECU. Investigates member transaction disputes originating from lost and stolen cards or fraudulent activity. Documents the history of events within the account activity to establish a timeline around when fraud is occurring.
• Performance Improvements and Training: Communicates backlogs in workflow, changes in fraud patterns, and/or processing inefficiencies to management, and recommends modification of fraud prevention strategies/policies/procedures. Continued education to keep up to date with new fraud trends in the cards industry. Assist in the testing of reports that provide the measurement of workflow. Provide assistance in cross training peers within the scope of the role.
• Compliance, Regulations, Bylaws: Maintains required knowledge of PSECU bylaws, policies, and internal practices as they relate to the role. Must have Regulation E, Regulation Z, and Visa/Debit Network operation rules knowledge as they relate to card fraud and cardholder dispute.
• Relationship Management: Communicates verbally and in writing with members, merchants, and other third parties to validate authenticity of check deposits, availability of funds, transaction activity, or to obtain relevant evidentiary matter for submission to the appropriate authorities. Communicates with merchants regarding known fraud and negotiates the cancellation of pending sales, gift cards, or shipment of merchandise. Communicates verbally and in writing with internal business units to effectively meet member needs.
• Back-Office Support: Reviews daily reports and email inboxes. Process incoming mail to the unit. Provides backup support for other skills within the dispute’s units.
• Other duties as assigned.

Qualifications:

High School (Required)

Any equivalent combination of experience and education.| Required