Fraud Controls & Automation Business Analyst (Remote)

Vaco; Chicago (IL); Remote; USD 125,000 - 150,000; Full time

Job summary

A leading company is seeking a Fraud Controls & Automation Business Analyst for a remote position. This role focuses on improving control processes and documentation within banking and fraud operations. Ideal candidates will have 3-5 years of relevant experience and be eager to learn about automation technologies. The position offers a competitive pay rate and the opportunity to work in a fast-paced environment.

Benefits

Potential bonuses

Health plans

Retirement options

Qualifications

• 3-5 years in risk, audit, compliance, or control-focused analysis.
• Experience in banking, fraud operations, or financial services.

Responsibilities

• Evaluate existing controls and identify gaps.
• Identify automation opportunities in fraud and operational workflows.
• Perform basic data analysis to support control optimization.

Skills

Risk Analysis

Audit

Compliance

Documentation

Communication

Organization

Automation

Tools

RPA

AI

Job description

Job Title: Fraud Controls & Automation Business Analyst (Remote)

Pay Rate:

$32.00 - $40.99/hour (W2)

Employment Type:

W2 Contract | 12+ Months

Urgent: Candidates must be available for interviews before mid-afternoon ET on Monday, 5/12.

Position Details:

• 1-step interview process, remote, W2 contract, 12+ months
• Only candidates with recent experience in banking or fraud environments will be considered.
• No C2C, no third-party vendors, no sponsorship now or in the future.

Role Summary:

We are hiring a Fraud Controls & Automation Business Analyst to support control process improvements, documentation, and automation within banking and fraud operations. This role is ideal for a professional with 3-5 years of experience eager to expand skills in control design, risk process documentation, and automation technologies such as RPA and AI.

Key Responsibilities:

1. Control Process Support:
   • Evaluate existing controls and identify gaps.
   • Develop process documentation and desktop procedures.
   • Align control documentation with regulatory and audit requirements.
2. Automation & Requirements Gathering:
   • Identify automation opportunities in fraud and operational workflows.
   • Draft basic requirements collaboratively with senior analysts and tech teams.
3. Data Analysis & Process Mapping:
   • Perform basic data analysis to support control optimization.
   • Map end-to-end fraud or claims processes to identify improvements.
4. Team Collaboration:
   • Work closely with senior analysts and cross-functional partners.
   • Contribute to scalable control improvements across units.

Qualifications:

• 3-5 years in risk, audit, compliance, or control-focused analysis.
• Experience in banking, fraud operations, or financial services.
• Understanding of internal controls and risk mitigation.
• Familiarity with automation tools (RPA, AI, workflow solutions) preferred.
• Strong communication, documentation, and organizational skills.
• Self-motivated, eager to learn, capable of working remotely in a fast-paced environment.

Note: Compensation depends on various factors including skills, experience, location, and organizational needs. The salary range is disclosed where legally required. Benefits include potential bonuses, health plans, and retirement options.