Fraud Analyst (NOT REMOTE) Lynchburg, VA

Mybcu; Lynchburg (VA); Remote; USD 60,000 - 85,000; Full time

Benefits offered by this job

Generous PTO

11 paid holidays

401(k) match

Profit sharing potential

Bank-paid disability & life insurance

Training & development

Job summary

Beacon Credit Union is seeking a Fraud Analyst to join our Compliance team in Lynchburg, VA. You will monitor detection systems, investigate suspicious activity, and help protect members from financial crime.

The role requires strong analytical and investigative skills and collaboration with law enforcement and internal teams. You'll work in a supportive culture with competitive pay, generous PTO and holidays, and solid benefits including disability and life insurance.

Qualifications

• Associate degree or equivalent work experience.
• Three years of fraud investigations or financial crimes experience preferred.
• Strong analytical, investigative, and problem-solving skills.
• Excellent written and verbal communication skills.

Responsibilities

• Monitor fraud detection systems and analyze member behavior and transaction activity for signs of fraud.
• Conduct investigations involving electronic fraud, debit/credit card fraud, account takeover, and money laundering.
• Manage fraud claims and loss documentation, including affidavits.
• Prepare detailed investigative reports and support training across branches.

Skills

Analytical skills

Investigative skills

Communication skills

Fraud monitoring systems

Education

Associate degree

Tools

Payment processing systems

Fraud monitoring systems

Job description

Do you have a passion for uncovering fraud, solving complex puzzles, and protecting members from financial crime?We're looking for a sharp, detail-oriented analyst to join our Compliance team and help safeguard our members' financial success!

ABOUT US:

Beacon Credit Union is a leading financial institution is "Dedicated to Our Member's Financial Success" by providing exceptional service and innovative banking solutions.

Why Join OUR Team?

Positive and supportive team culture

Competitive salary and benefits package and incentives

Generous PTO and 11 Paid Holidays

Ability to earn additional PTO through volunteer opportunities

Employee discounts on loans and banking products

401(k) Employer Match and Profit-sharing potential

100% Bank Paid Long-Term Disability, Short-Term Disability and Life Insurance

Learning and growing in a dynamic work environment

First class - Orientation and Training that showcases our mission and customer service standards

Location: Lynchburg, VA

NOW HIRING! Fraud Analyst

We're looking for a highly analytical and detail-oriented Fraud Analyst to join our Compliance team. In this role, you'll help protect our members and the credit union by identifying suspicious activity, conducting in-depth investigations, and preventing financial losses. Every day brings a new challenge as you investigate fraud cases, analyze transaction patterns, collaborate with law enforcement, and help members navigate difficult situations with confidence and care.

Perks of the Job:

• Put your investigative skills to work solving complex fraud cases and protecting members from financial harm.
• Play a critical role in safeguarding the credit union from emerging fraud threats.
• Work closely with leadership, branch teams, and external agencies to make a meaningful impact.
• Gain experience with fraud prevention technologies, financial crime investigations, and regulatory compliance.
• Enjoy a dynamic environment where no two days are the same.
• Expand your expertise through ongoing training and professional development opportunities.

What You'll Do:

• Monitor fraud detection systems and analyze member behavior, transaction activity, devices, and locations for signs of suspicious activity.
• Conduct investigations involving electronic fraud, debit and credit card fraud, account takeover, identity theft, check forgery, elder financial exploitation, money laundering, and check kiting.
• Manage fraud claims and lost/stolen card reports, including gathering supporting documentation and reviewing member affidavits.
• Exercise sound judgment when evaluating fraud claims and determining appropriate actions within established policies and regulations.
• Prepare detailed investigative reports and document findings, recommendations, and loss prevention efforts.
• Assist branches and other departments with fraud-related training, procedures, and documentation.
• Serve as a primary contact with law enforcement and external agencies regarding fraud investigations and elder exploitation cases.
• Ensure compliance with BSA, OFAC, Patriot Act requirements, and all applicable regulations and company policies.

QUALIFICATIONS:

• Associate degree, specialized certification, related training, or equivalent work experience.
• Minimum three years of experience in fraud investigations, compliance, financial crimes, banking, or a related field preferred.
• Experience working with Visa, Mastercard, chargebacks, disputes, and payment processing systems preferred.
• Strong analytical, investigative, and problem-solving skills.
• Excellent written and verbal communication skills.
• Ability to maintain confidentiality and exercise sound professional judgment.
• Proficiency with databases, spreadsheets, word processing software, and fraud monitoring systems.
• Knowledge of financial regulations and fraud prevention practices preferred.

NOW HIRING! Fraud Analyst!

NOW HIRING! Fraud Analyst!We're not just looking for someone to investigate fraud. We're looking for someone who is passionate about protecting our members, preserving trust, and helping Beacon Credit Union remain "Dedicated to Our Members' Financial Success." If you thrive on solving complex problems, digging into the details, and making a difference every day, we'd love to hear from you.
Ready to uncover opportunities, prevent fraud, and protect what matters most?

Please Note: Visible tattoos must be covered at all times while working. Visible piercings are limited to ear piercings for women; facial and other visible body piercings are not acceptable under Beacon's appearance standards. All employees are required to adhere to Beacon Credit Union's professional dress and appearance standards.

m/v/f/d

EOE