Fraud Investigator

German American; Whitehall (OH); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Medical benefits

Paid time off

Educational assistance

Wellness programs

Retirement plan

Job summary

German American Bank is seeking a Fraud Investigator to join our Fraud Investigation Team in Whitehall, OH. 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 support regulatory reporting, identify fraud trends, mentor teammates, and help strengthen fraud prevention strategies across the bank.

Qualifications

• 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.

Responsibilities

• Lead investigations into suspected fraud and analyze transaction activity.
• Coordinate with internal teams, financial institutions, and law enforcement as needed.
• Prepare documentation for regulatory reporting and assist with fraud prevention strategy.

Skills

Analytical skills

Investigative skills

Communication skills

Collaboration

Education

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

Job description

Job Title: Fraud Investigator

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 Investigator to 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

  This position is available at the following locations:

  • 1311 W 12th Ave, Jasper, IN 47546
  • 4424 Vogel Road, Evansville, IN 47714
  • 313 Frederica Street, Owensboro, KY 42301
  • 430 North Hamilton Road, Whitehall, OH 43213

  About Us:

  Heartland Bank, a Division of 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.