Fraud Investigator

German American Bank; Whitehall (OH); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Life insurance

Paid time off

Educational assistance

Wellness benefits

Parental bonding leave

401(k) matching

Job summary

German American Bank in Ohio seeks a Fraud Investigator to lead investigations into suspected fraud, analyze transaction activity, and coordinate with internal teams, partner banks, and law enforcement as needed. You will prepare regulatory reports, support fraud prevention initiatives, and mentor junior investigators to strengthen the team’s capabilities and the bank’s security posture.

Strong communication, detail orientation, and a Bachelor's degree are required, with experience in banking

Qualifications

• Bachelor’s degree in finance, criminal justice, cybersecurity, or related field.
• Experience in banking, fraud investigations, or risk management.
• Strong analytical and investigative skills with the ability to evaluate complex activity.
• Excellent written and verbal communication and collaboration with partners.

Responsibilities

• Lead investigations into suspected fraud and analyze transaction activity.
• Coordinate with internal teams, partner banks, and law enforcement as needed.
• Prepare regulatory reports, including SARs, and support fraud prevention efforts.
• Mentor and train junior investigators to strengthen the team.

Skills

Analytical and investigative skills

Fraud knowledge

Communication skills

Team collaboration

Attention to detail

Education

Bachelor’s degree in finance, criminal justice, cybersecurity, or related field

Tools

Fraud analytics systems

Regulatory reporting tools

Job description

Overview:

Financial fraud investigations require experienced professionals who can connect the dots, analyze complex activity, and work with partners across the financial system to resolve cases. German American Bank is seeking a Fraud Investigatorto join our Fraud Investigation Team. In this role, you’ll lead investigations into suspected fraud, analyze transaction activity and digital banking data, and coordinate with internal teams, financial institutions, and law enforcement when necessary. You’ll also support regulatory reporting and help strengthen the bank’s fraud prevention strategy by identifying trends and mentoring other team members.

What You’ll Do:

Day in the Life – In this role, you’ll spend much of your day investigating fraud cases that have been escalated by the fraud monitoring teams. You may begin by reviewing a case involving suspicious transactions, analyzing account activity and payment patterns to determine how the fraud occurred. Throughout the day, you’ll contact customers, receiving banks, and internal partners to gather additional information and document findings within the bank’s fraud systems. Some cases may require coordination with law enforcement or other agencies to support investigations or recovery efforts. You’ll also prepare documentation for regulatory reporting, including Suspicious Activity Reports, and work closely with the BSA team when filings are required. In addition to investigations, you may assist with training newer team members, identifying fraud trends, and supporting improvements to fraud prevention processes.

What it Takes:

• Bachelor’s degree in finance, criminal justice, cybersecurity, or related field
• Experience in banking, fraud investigations, financial crimes, or risk management
• Strong analytical and investigative skills with the ability to evaluate complex transactions and account activity
• Knowledge of fraud schemes, payment channels, and fraud prevention practices
• Strong written and verbal communication skills, including documentation of investigative findings
• Ability to collaborate with internal teams, external financial institutions, and law enforcement partners
• High attention to detail and the ability to manage multiple active investigations

Bonus Points:

• Certified Fraud Examiner (CFE)
• Certified Financial Crimes Specialist (CFCS)
• Certified Anti-Money Laundering Specialist (CAMS)
• Accredited ACH Professional (AAP) or similar payments certification

What we can offer you:

• Medical, dental, vision, STD, LTD, Life insurance, etc.
• 17 days paid time off, 11 paid holidays and bereavement leave
• Educational assistance program
• Wellness benefits
• Life event coverage
• Paid parental bonding leave
• Service awards
• Financial benefits including 401(k) match, stock purchase plan and more
• National and local discounts on everything from computers and vacations to phones and retail shopping.
• Logo wear discounts
• Free checking account, checks and discounted bank services

About Us:

German American Bancorp and its family of financial services companies employ talented, compassionate people throughout the organization, truly making German American special. Delivering genuine, customized, personal service with a focus on truly serving customers and communities well, our employees bring the Shield of Excellence commitment to life with each and every interaction.

German American Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (pregnancy, sexual orientation, or gender identity), age (40 or older), national origin, genetic information, veteran status, disability, or any other basis protected by law.

German American is committed to the full inclusion of all qualified individuals. As part of this commitment, if you require reasonable accommodation in completing the application process, interviewing, or completing any pre-employment testing, please direct your inquiries to your Talent Acquisition team at 812-482-0717 or [e-mail].

German American employees are required to adhere to laws and regulations applicable to banks and to German American policies and procedures. Applicants should expect to complete necessary pre-employment screening pursuant to these laws, regulations, and policies.