Fraud Analyst

River Region Credit Union; Texarkana, Northern (TX, KY); On-site; USD 60,000 - 80,000; Full time

Job summary

Red River Employees Federal Credit Union is seeking a Fraud Analyst to support fraud prevention, detection, investigation, and resolution. You will assist with SARs, case documentation, and coordinating with law enforcement as needed.

The role requires strong communication, proficiency with MS Office, and the ability to manage multiple priorities in a regulated, high-stress environment while maintaining the credit union's standards and policies.

Qualifications

• Experience in a financial institution preferred.
• Strong communication and organizational skills.
• Ability to manage multiple priorities and meet deadlines.
• Comfortable working in a regulated environment.

Responsibilities

• Communicate with employees about suspected fraudulent activity and answer related questions.
• Assist investigations by collecting data, documenting evidence, and maintaining case notes.
• Help prepare Suspicious Activity Reports (SARs) and other regulatory documentation.
• Ensure compliance with BSA/AML, OFAC, and NCUA guidelines related to fraud and financial crime.
• Monitor case progress and coordinate with law enforcement and regulatory agencies as needed.
• Stay informed on fraud trends and emerging schemes.
• Adhere to credit union policies and procedures.
• Perform other related duties as assigned.

Skills

Communication skills

Multitasking

Professional demeanor

Attention to detail

Interpersonal skills

Education

High school diploma or equivalent

Tools

Microsoft Office

Job description

Description

Position Title:

Fraud Analyst

Reports To:

Fraud Manager

Basic Function:

Assist in the execution of fraud prevention, reduction, detection, investigation, and resolution within the Credit Union.

Responsibilities:

• Effectively communicate with employees regarding suspected or reported fraudulent activity and assist with fraud related questions.
• Assist with fraud investigations by conducting interviews, collecting data, compiling documentation and evidence, maintaining accurate case notes, and developing initial and ongoing reports of investigations.
• Assist in the completion of Suspicious Activity Reports (SARs), the preparation of Bond Claims, case documentation, and correspondence.
• Execute internal processes established to comply with BSA/AML, OFAC and NCUA regulations and guidelines related to fraud, identity theft, and financial crime.
• Monitor each case’s progress and assists in preparing monthly progress summary reports. Maintain working relationships with and contact information of law enforcement and regulatory agencies.
• Stay educated and informed on all methods of fraud, including trending scams and emerging trends.
• Adhere to all Red River Employees Federal Credit Union policies and procedures.
• Perform other related duties as assigned.

Qualifications:

• Experience in a financial institution with knowledge of fraud preferred.
• High school diploma or the equivalent.
• Competent computer skills and use of standard office equipment.
• Demonstrated proficiency in a variety of personal computer software applications, especially Microsoft Office.
• Mature, positive, focused attitude.
• Comfortable with multiple priorities and deadlines, and able to work in a highly stressful environment.
• Must possess excellent human relations and communication skills, a professional demeanor, and organizational skills.
• Outgoing personality with the ability to meet, speak, and deal effectively with people, being professional at all times.
• Must maintain a neat and professional appearance.
• While the following list is not exhaustive and may be supplemented, identified physical requirements include the ability to operate normal office equipment and to reposition work-related items, not to exceed 25 pounds.
• Ability to follow the core values of Team-Focused, Excellence, Authenticity, and Leading in Innovation.