Fraud Detection Analyst I (Hybrid)

RXinsider LTD.; Chicago, Northern (IL, KY); Hybrid; USD 52,000 - 64,000; Full time

Benefits offered by this job

Hybrid work model

401k contribution

Equity stock purchase

Job summary

Byline Bank is seeking a Fraud Analyst I in the Chicago area to review and disposition routine fraud alerts, conduct initial investigations, and escalate higher-risk cases. The role supports the bank's fraud detection and prevention efforts in compliance with policies and regulatory requirements.

You will analyze account activity, document findings, and collaborate with Risk, Compliance, and Operations. The position offers a hybrid work setup with competitive hourly pay and benefits.

Qualifications

• High school diploma or equivalent required; Associate's or Bachelor's degree preferred.
• Experience in fraud detection, fraud operations, banking or related fields preferred.
• Knowledge of fraud monitoring systems and risk assessment methodologies.
• Strong analytical and communication skills with attention to detail.

Responsibilities

• Review and investigate alerts generated by fraud detection systems.
• Analyze account activity and patterns to identify suspicious behavior.
• Escalate complex alerts and suspected fraud to appropriate teams.
• Document investigations and actions taken per procedures.
• Maintain awareness of fraud trends and participate in ongoing training.
• Collaborate with Operations, Compliance, Risk, and Customer Service.

Skills

Analytical thinking

Excel proficiency

Attention to detail

Independent decision making

Communication skills

Fraud detection experience

Education

High school diploma or equivalent

Associate's or Bachelor's degree preferred

Tools

Fraud monitoring systems

Microsoft Excel

Job description

Byline Bank is seeking a Fraud Analyst I in the Chicago area to review and disposition routine fraud alerts, conduct initial investigations, and escalate higher-risk cases. The role supports the bank's fraud detection and prevention efforts in compliance with policies and regulatory requirements.

You will analyze account activity, document findings, and collaborate with Risk, Compliance, and Operations. The position offers a hybrid work setup with competitive hourly pay and benefits.