Fraud Analyst

Bank of Bird-in-Hand; Leacock Township (PA); On-site; USD 55,000 - 85,000; Full time

Benefits offered by this job

401(k) Retirement Plan

Company Paid Life

Company Paid STD & LTD

Health Savings Account

Flexible Spending Account

Paid Time Off (PTO)

Birthday PTO

Paid Holidays

Tuition Reimbursement

Job summary

Bank of Bird-in-Hand is seeking a Fraud Analyst to join our team. The role develops and maintains fraud policies, analyzes financial data to uncover potentially fraudulent activity, and supports preventative measures to protect customers and the bank.

Responsibilities include data analysis, detection pattern recognition, reporting, and communication with internal/external stakeholders. Requires banking experience and fraud-related certification or progression toward certification.

Qualifications

• Minimum of 3 years’ banking experience (required) with 2 years in fraud/loss prevention preferred.
• High school diploma or equivalent.
• Fraud certification (such as CFE, CFCS) or the ability to obtain within two years.
• Basic understanding of regulatory requirements such as Bank Secrecy Act, UCC, Reg CC, Reg E, GLBA.
• Experience with fraud detection and BSA software and tools; Verafin a plus.

Responsibilities

• Collect and analyze large volumes of financial data for potential fraud using reports and systems.
• Recognize patterns of fraud and suggest new detection methods.
• Report fraudulent activity with supporting documentation to supervisors.
• Perform complex tasks identifying suspected deposit fraud, counterfeit checks, and other fraud-related transactions.
• Work with internal/external contacts and other banks researching and collecting documentation.
• Send notices to account holders with fraudulent activity and make required progress calls.
• Review new and existing accounts for signs of potential fraud; review deposits to determine preventive measures.
• Perform other duties as required.

Skills

Analytical thinking

Attention to detail

Regulatory knowledge

Communication skills

Education

High school diploma or equivalent

Fraud certification (CFE/CFCS)

Tools

Verafin

BSA software

Job description

Bank of Bird-in-Hand is built on integrity, excellence, and teamwork. If you identify with these values and are looking for a career where you can put them into practice, consider applying to one of our open positions. When you join the Bank of Bird-in-Hand team, you’ll be appreciated and celebrated for who you are every day.

Why Work at Bank of
Bird-in-Hand?

At Bank of Bird-in-Hand, we are our community – committed to the acceptance of our customers and employees. We celebrate inclusion and focus on making those in our community feel valued, respected, and welcomed into our family.

Our employees’ successes are our success and we celebrate them as we continue to grow and develop their skills for the future.

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• 401(k) Retirement Plan
• Company Paid Life
• Company Paid STD & LTD
• Health Savings Account
• Flexible Spending Account
• Paid Time Off (PTO)
• Birthday PTO
• Paid Holidays
• Company Events and Picnics

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• Tuition Reimbursement for Continuing Education
• Internal Career Opportunities
• Leadership Training

Community Involvement

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• Support of local non-profit organizations
• Present at Local Parades & Events

Location: Bird in Hand, PA

Job Id:480

# of Openings:1

We are seeking a Fraud Analyst to join our team! This role will be responsible for assisting with the development and maintenance of fraud policies and procedures. This individual will analyze and review a broad range of financial data, including alerts, transactions, transfers, and payments to uncover potentially fraudulent activity. It is a wonderful opportunity to help protect the bank and its customers.

• Collect and analyze large volumes of financial data for potential fraud using reports, systems and software available.
• Recognize patterns of fraud and suggest new methods of detection, mitigation, and prevention.
• Report fraudulent activity and provide supporting documentation to supervisors for investigation purposes.
• Perform a variety of complex and specialized tasks associated with identifying suspected deposit fraud, counterfeit checks, and other potential fraud related transactions.
• Work directly with both internal and external contacts, and/or other banks researching, investigating and collecting documentation.
• Send appropriate required notices to account holders with fraudulent activity and/or make phone calls to communicate the progress.
• Review new and existing accounts for signs of potential fraud.
• Review mobile, ATM, and other incoming deposits to determine whether preventive measures are warranted based on account risk and activity. Make outbound calls, when necessary, place holds and recommend closure if appropriate.
• Perform other duties as required.

Experience:

• Minimum of 3 years’ banking experience (required) with 2 years in fraud/loss prevention preferred.
• High school diploma or equivalent.
• Fraud certification (such as CFE, CFCS, etc) or the ability to obtain within two years.
• Basic understanding of certain regulatory requirements associated with fraud mitigation activities, such as Bank Secrecy Act, Uniform Commercial Code, Regulation CC, Regulation E, Gram-Leach-Bliley.
• Experience with fraud detection and BSA software and tools. Experience with Verafin a plus.

Here at Bank of Bird-in-Hand, we have a comprehensive benefit package for those who qualify. Below are the range of benefits we offer to meet the needs of our employees:

• 401(k) Retirement Plan
• Company Paid Life, STD, and LTD
• Health Savings Account (HSA) & Flexible Spending Account (FSA)
• Paid Time Off (PTO), Volunteer Time Off (VTO), and Birthday PTO
• 12 Paid Holidays
• Tuition Reimbursement
• Company Events and Picnics

Equal Opportunity Employer

No employee or applicant for employment will be discriminated against because of race, color, religion, creed, sex, pregnancy, national origin, ancestry, age, physical or mental disability, genetic information, military, and/or veteran status, or any other Federal or State legally protected classes.

No employee or applicant for employment will be discriminated against because of race, color, religion, sex, national origin, disability, military and/or veteran status, or any other Federal or State legally protected classes. Bank of Bird-in-Hand will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business. If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the ADA, please contact us at 717-929-2370.

Our people make the difference—and it shows. Being named a Central Penn Business Journal Best Places to Work in PA and an American Banker Best Bank to Work For reflect the culture we’ve built: one grounded in care, collaboration, and opportunities for our employees to grow and succeed.

I came to Bank of Bird-in-Hand because I wanted to get back into community banking and work with a company where my values aligned with the bank.

– Fay L.

Join a Team That’s Focused On Your Growth