Fraud Prevention Lead - Banking Operations (On-Site)

Mechanics Bank; Irvine (CA); On-site; USD 41,000 - 55,000; Full time

Benefits offered by this job

Medical, prescription, dental, and vis

Employer paid Employee Assistance

Health Savings Account with employer

Flexible Spending Accounts and Commut/

401(k) and Roth 401(k)

529 Education Savings plan

Supplemental Health plans

11 paid holidays

Free personal checking

Discounted rates on home loans

Job summary

Mechanics Bank is seeking a Lead Fraud Prevention Analyst to join our team in Irvine on-site. You will lead the Fraud Prevention Analysts, analyze trends in fraudulent activity related to payment services, and review On Us checks, deposits, large wire transfers and ACH transactions to mitigate risk.

You will train staff, investigate fraud, report findings to management, monitor transactions, and maintain fraud logs. Experience with banking operations and fraud detection software is expected.

Qualifications

• Two Year / Associate Degree preferred.
• Minimum 5 years experience in Banking Operations.
• Minimum 3 years Leadership experience preferred.
• Knowledge of investigative procedures and processes.
• Knowledge of banking standards, practices and procedures.
• Ability to utilize fraud detection software.

Responsibilities

• Assist in training new employees and provide day-to-day supervision in the department.
• Research potential fraud and communicate possible solutions.
• Verify potential fraud On Us Checks, Deposits and ACH as identified in the Bank's Fraud Detection System.
• Communicate fraudulent transactions with Management and notify branch operations for approval.
• Monitor customer and transactional records to identify unauthorized transactions and fraudulent accounts.
• Maintain fraud logs up to date for management and accounting purposes.
• Track and retain return data for future reference and reporting.
• Interact with the bank and customers to validate information and confirm or cancel authorizations.
• Monitor status of Online Interfaces and resolve any problems with vendors; perform end-of-day balancing with Federal Reserve, Core Deposits system, and foreign exchange relationships.

Skills

Leadership experience

Investigative procedures knowledge

Banking standards & procedures

Fraud detection software

Banking operations experience

Education

AA Degree

Associate degree

Tools

Fraud detection software

Job description

Mechanics Bank is seeking a Lead Fraud Prevention Analyst to join our team in Irvine on-site. You will lead the Fraud Prevention Analysts, analyze trends in fraudulent activity related to payment services, and review On Us checks, deposits, large wire transfers and ACH transactions to mitigate risk.

You will train staff, investigate fraud, report findings to management, monitor transactions, and maintain fraud logs. Experience with banking operations and fraud detection software is expected.