Fraud Analyst

Northwest-Bank; Columbus (OH); On-site; USD 55,000 - 75,000; Full time

Job summary

Northwest is seeking a Fraud Analyst to detect and prevent fraudulent activity across banking products. You will monitor transactions, analyze patterns, and use fraud tools, partnering with teams and customers to mitigate losses and strengthen controls.

The role emphasizes compliance with regulations, case triage, and ongoing education to stay current with industry standards. Strong attention to detail and collaboration are essential.

Qualifications

• Bachelor's Degree in Business, Finance or equivalent field.
• Less than 1 year bank or fraud related experience.
• Knowledge of regulatory standards and compliance requirements.

Responsibilities

• Monitor and analyze customer transactions for potential fraud using detection systems.
• Document reviews with high quality, accuracy, and attention to detail.
• Recognize unusual activity and potential fraud typologies.
• Collaborate with internal teams and communicate with customers for timely resolution.
• Escalate alerts to investigators per Northwest policies and procedures.
• Collect and safeguard sensitive customer information and maintain case files.
• Identify emerging fraud trends and advise leadership on prevention strategies.
• Adhere to performance metrics and ongoing regulatory training.

Skills

Fraud detection

Customer communication

Regulatory compliance

Data analysis

Team collaboration

Education

Bachelor's Degree in Business or Finance

Tools

Fraud detection software

Microsoft Office

Job description

OH0713 NW Bancshares HQ Job Description

The Fraud Analyst is responsible for detecting, preventing, mitigating, and recovering from fraudulent activity across all banking products and services. This role involves monitoring transactions, analyzing patterns, and leveraging fraud detection tools to identify suspicious behavior. The analyst partners with internal business units and engages directly with customers to resolve issues, minimize financial loss, and strengthen fraud prevention strategies. The role also involves triaging reported activity and creating cases for Investigators to ensure timely and accurate escalation of fraud incidents. Additionally, the position ensures compliance with regulatory requirements and contributes to the development of policies and controls that enhance the bank's fraud risk management framework.

Essential Functions

• Monitor and analyze customer transactions for potential fraud using advanced detection systems and other processes
• Conduct reviews and complete documentation with the highest level of quality, accuracy, and attention to detail
• Demonstrate knowledge of fraud typologies to recognize unusual/suspicious activity
• Partner with internal teams and communicate directly with customers to ensure timely resolution and prevention of fraudulent transactions.
• Determine whether alerts should be escalated to the investigation group based on Northwest policies and procedures
• Collect, analyze, and safeguard sensitive information concerning the customers of Northwest
• Effectively maintain customer and case files, records, and related documentation
• Identify emerging fraud trends and recommend strategies to prevent future occurrences to leadership
• Adhere to the performance metrics provided by Northwest management and continue education to stay current with any regulatory expectations
• Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas

Additional Essential Functions

• Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
• Work as part of a team
• Work with on-site equipment

What You Bring to the Team

• Complete other duties as assigned Safety and Health for those without supervisory duties
• Abide by the rules of the safety and loss prevention program
• Perform work tasks in a safe manner
• Report any and all injuries to supervisor
• Know what to do in case of an emergency

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

Bachelor's Degree Business, Finance or equivalent field

Work Experience

Less than 1 year Bank or fraud related experience Less than 1 year Branch banking or banking operations

General Employee Knowledge, Skills, and Abilities

• Ability to establish effective working relationships among team members and participate in solving problems and making decisions
• Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written
• Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information
• Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information
• Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas

Additional Knowledge, Skills and Abilities

• Knowledge of regulatory and compliance standards.
• Ability to understand account histories and transactions
• Knowledge of check cashing laws
• Data Analysis, reviewing and understanding data sets to identify suspicious activities and trends
• Knowledge of bank regulations surrounding fraud
• Knowledge of Microsoft office products - including Word, Excel, Powerpoint and Outlook

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

At Northwest, we’re here for what's next. Whether we're finding opportunities for families, businesses and communities or opening doors for our team, we share a passion for helping the people around us succeed. And we know that in order to provide the highest level of care, we need to understand unique experiences and perspectives. That's why, whether you're interested in a corporate role or something customer-facing, your talent and voice matter. Here, you belong.

Working at Northwest, you'll find that we recognize our employees for the important work they do through competitive compensation and benefits, professional development opportunities and by regularly celebrating wins along the way. So, take a look at the opportunities here. And join us as we move into the future making a difference for the people we serve.