Fraud & Financial Crime Risk Analyst

Associated Bank; Milwaukee (WI); On-site; USD 47,000 - 80,000; Full time

Job summary

Associated Bank is seeking a Fraud Risk Analyst in Milwaukee, WI to protect customers from fraud and financial crime. You will investigate alerts, analyze trends, and support detection programs within a collaborative team focused on risk management and compliance.

The role emphasizes sound decision-making, documentation, and continuous improvement. You will collaborate with internal partners and external vendors while maintaining up-to-date expertise in fraud schemes and regulatory requirements.

Qualifications

• Associate's degree or equivalent combination of education and experience.
• 1+ years of experience in risk management, compliance, audit, banking, fraud prevention, or related field.
• Strong analytical, investigative, and problem-solving skills.
• Excellent written and verbal communication skills with the ability to make sound risk-based decisions.

Responsibilities

• Investigate fraud alerts, suspicious account activity, and customer transactions to identify potential fraud and minimize risk.
• Analyze fraud trends, transaction patterns, and risk indicators to support effective fraud detection and prevention strategies.
• Monitor fraud detection systems and recommend enhancements, including rule and alert tuning, to improve monitoring effectiveness.
• Partner with internal business partners, law enforcement, and external vendors to support fraud investigations and case resolution.
• Document investigative findings, maintain accurate case records, and ensure compliance with regulatory and internal reporting requirements.
• Support fraud prevention initiatives by identifying process improvements and recommending enhancements to controls and monitoring practices.
• Maintain knowledge of emerging fraud schemes, industry trends, and applicable regulations to strengthen the bank's fraud risk program.

Skills

Analytical skills

Investigative skills

Problem solving

Communication skills

Education

Associate's degree in Risk, Compliance, Audit, Banking, Business, Law Enforcement, or related field

Tools

Fraud detection systems

Transaction monitoring tools

Case management platforms

Job description

Associated Bank is seeking a Fraud Risk Analyst in Milwaukee, WI to protect customers from fraud and financial crime. You will investigate alerts, analyze trends, and support detection programs within a collaborative team focused on risk management and compliance.

The role emphasizes sound decision-making, documentation, and continuous improvement. You will collaborate with internal partners and external vendors while maintaining up-to-date expertise in fraud schemes and regulatory requirements.