Fraud Analyst

Ultimate Staffing Services; Pasadena (CA); On-site; USD 39,000 - 48,000; Full time

Job summary

Ultimate Staffing Services in Pasadena, CA is seeking a detail-oriented Fraud Analyst to support detection, investigation, and mitigation of fraud across payment channels. The role reviews alerts, assesses risk, and recommends actions to protect members and the organization from financial loss.

The ideal candidate has experience with Verafin and other fraud systems, understands account takeover and check fraud, and can collaborate with internal teams while staying current on industry trends.

Qualifications

• Experience performing fraud investigations and reviewing alerts.
• Knowledge of account takeover fraud and check fraud risk.
• Strong analytical and judgment skills.
• Experience with ACH, wire transfers, bill pay, and ATM transactions.

Responsibilities

• Review and analyze fraud alerts generated through Verafin and other systems.
• Conduct thorough investigations of suspicious transactions and account activity.
• Escalate high-risk fraud cases to stakeholders.
• Support prevention and loss mitigation across ACH, wires, bill pay, and ATM activity.
• Collaborate with internal departments to resolve fraud-related issues.
• Stay current on fraud trends and industry best practices.

Job description

Salary: USD28 - USD35 per hour

Position Summary

We are seeking a detail-oriented and analytical Fraud Analyst to support fraud detection, investigation, and mitigation efforts. The ideal candidate will have experience identifying fraudulent activity across multiple payment channels and possess a strong understanding of financial institution fraud risks. This role is responsible for reviewing fraud alerts, investigating suspicious activity, assessing risk, and recommending appropriate actions to protect members, customers, and the organization from financial loss.

Key Responsibilities

• Review and analyze fraud alerts generated through Verafin and other fraud monitoring systems.
• Conduct thorough investigations of suspicious transactions, account activity, and fraud cases.
• Escalate high-risk or complex fraud situations to appropriate stakeholders.
• Support fraud prevention and loss mitigation efforts related to:
  • Account takeover fraud
  • Check fraud
  • ACH transactions
  • Wire transfers
  • Bill pay activity
  • ATM transactions
• Collaborate with internal departments to resolve fraud-related issues and minimize losses.
• Stay current on fraud trends, emerging threats, and industry best practices.

Required Qualifications

• Strong knowledge of Breach of Warranty claims and check fraud investigations .
• Working knowledge of:
  • ACH transactions
  • Wire transfers
  • Bill pay services
  • ATM transactions
• Experience identifying, researching, and investigating account takeover fraud .
• Strong analytical, investigative, and problem-solving skills.
• Excellent attention to detail and ability to manage multiple cases simultaneously.

Preferred Qualifications

• Minimum of 3 years of experience in fraud prevention, fraud investigations, loss prevention, financial crimes, or a related field.
• Professional certifications such as:
  • ACAMS (Certified Anti-Money Laundering Specialist)
  • CFE (Certified Fraud Examiner)
  • CAFS (Certified AML and Fraud Specialist)
  • Similar industry certifications
• Prior experience working in a credit union or financial institution back-office environment .

Assignment Details

• Duration: 6 months
• Schedule: Monday-Friday, 9:00 AM-6:00 PM
• Potential for Conversion: Temp-to-hire opportunity based on performance and business needs

This position offers an excellent opportunity for an experienced fraud professional to contribute to a dynamic financial services team while helping protect the organization and its members from fraud-related losses.