Financial Crimes Fraud Specialist

Regions Financial Corporation; Hoover (AL); On-site; USD 40,000 - 49,000; Full time

Job summary

A leading financial institution is seeking a Financial Crimes Fraud Specialist to monitor fraud prevention reports and analyze suspicious activity. This role involves detailed research, interaction with customers, and maintaining fraud records, ensuring security and integrity within the bank's operations. Candidates must possess a High School Diploma and related experience, with the potential for further growth in a dynamic team environment.

Qualifications

• 2 years of fraud or related work experience is required.
• High School Diploma or GED required; Bachelor's preferred.

Responsibilities

• Research and analyze potentially fraudulent activity related to customer accounts.
• Communicate with customers to notify of inquiry and problem resolution.
• Maintain company fraud database records.

Skills

Analytical skills

Organizational skills

Judgment skills

Proficiency with Microsoft Office Suite

Ability to work independently

Ability to handle peak work volumes

Education

High School Diploma or GED

Bachelor's degree in a related field

Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

At Regions, the Financial Crimes Fraud Specialist monitors fraud prevention reports and/or reviews and resolves claims to address potentially fraudulent activity and reduce possible losses.

Primary Responsibilities

• Researchesand analyzes potentially fraudulent activity related to customer accounts or other bank products
• Identifies valid and fraudulent charges, sets up fraud files, uses multiple research techniques to resolve issues, reconciles and summarizes fraud losses and communicates with customers to notify of inquiry and problem resolution
• Analyzes suspicious activity on customers' accounts and researches history for customer activity
• Contacts account officer(s) to assist in verification of items
• Maintains company fraud database records
• Responds to emails, phone calls and voice mails from branches and account officers
• Completes database for Suspicious Activity Report (SAR) referrals
• Works under limited supervision following established guidelines and procedures
• May monitor fraud prevention reports and ensure appropriate steps are taken to reduce possible losses

This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

• High School Diploma or GED
• Two (2) years offraud or related work experience

Preferences

• Bachelor's degree in a related field
• Banking loss prevention experience

Skills and Competencies

• Ability to learn additional systems as needed
• Ability to work independently with minimal instruction
• Efficient in handling and dealing with peak work volumes
• Proficiency with Microsoft Office Suite
• Strong organizational, analytical and judgment skills

• Previous experience/background in fraud is highly preferred.

This position is intended to be onsite, now or in the near future in Birmingham, AL. Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in-office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense.

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$40,000.00 USD

50th Percentile:

$48,240.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Location:

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.