Fraud Controls & Automation Business Analyst (Remote)

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

Job summary

An established industry player is seeking a Fraud Controls & Automation Business Analyst to enhance control processes within banking and fraud operations. This role is perfect for a motivated professional with 3-5 years of experience who is eager to grow their skills in control design and automation. You'll collaborate with senior analysts to evaluate control effectiveness, identify inefficiencies, and document compliant processes. Join a dynamic team where your contributions will drive significant improvements across the organization. This is a fantastic opportunity to make a meaningful impact in a fast-paced environment.

Qualifications

• 3-5 years in risk, audit, compliance, or control-focused analysis.
• Exposure to banking or fraud operations is essential.

Responsibilities

• Evaluate existing controls and identify gaps.
• Support development of process documentation.

Skills

Banking and Fraud Operations

Control Design

Process Documentation

Automation Tools (RPA, AI)

Data Analysis

Communication Skills

Organizational Skills

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 TO INTERVIEW BEFORE MID-AFTERNOON ET ON MONDAY, 5/12

• 1-Step Interview | Remote | W2 Contract | 12+ Months
• Please note: Only applicants with recent exposure to banking or fraud environments will be considered.
• Position Summary: No C2C. No third-party vendors. No sponsorship now or in the future.

We're hiring a Fraud Controls & Automation Business Analyst to support control process improvement, documentation, and automation within a banking and fraud operations context. This is a great opportunity for a rising professional (3-5 years of experience) ready to expand their skills in control design, risk process documentation, and automation (RPA, AI, etc.).

You'll support senior team members by helping evaluate control effectiveness, identify inefficiencies, perform data analysis, and document scalable, compliant processes.

Top Skill Sets Required:

• Recent exposure to banking and/or fraud operations
• Understanding of control design and process documentation
• Familiarity with automation tools (RPA, AI, or workflow solutions)

Key Responsibilities:

Control Process Support

• Assist in evaluating existing controls and identifying gaps
• Support development of process documentation and desktop procedures
• Help align control documentation with regulatory and audit readiness needs

Automation & Requirements Gathering

• Contribute to identifying automation opportunities across fraud and operational workflows
• Draft basic requirements in collaboration with senior analysts and technology team

Data Analysis & Process Mapping

• Perform basic data analysis to support control optimization
• Help map end-to-end fraud or claims processes to identify improvement areas

Team Collaboration

• Work closely with senior analysts and cross-functional partners (risk, ops, IT)
• Contribute to scalable control improvement efforts across business units

Qualifications:

• 3-5 years of experience in risk, audit, compliance, or control-focused business analysis
• Exposure to banking, fraud operations, or financial services
• Foundational understanding of internal controls, risk mitigation, or process documentation
• Familiarity with automation (RPA, AI, or related technologies) preferred
• Strong communication, documentation, and organizational skills
• Self-starter, eager to learn, able to operate in a fast-paced remote environment

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting.