Fraud Risk & Alerts Analyst II

Old National Bank; Chicago, Northern (IL, KY); Hybrid; USD 53,000 - 104,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401K

Continuing education opportunities

Employee assistance program

Impact Network Groups

Job summary

Old National Bank is seeking a Fraud Monitoring Analyst to monitor, review, and analyze transactional information and alert reports to identify fraudulent activity across banking channels.

The role requires strong analytical skills, the ability to learn new software, and experience in banking operations. Primary duties include escalating when needed, applying mitigation procedures, and collaborating with multiple departments to protect clients and bank assets in a fast-paced environment.

Qualifications

• 5+ years of banking experience or related work experience.
• Bachelor’s Degree or equal experience.
• Problem solving skills with ability to define problems and propose solutions.
• Analytical skills to review information and make decisions using critical thinking.
• Good understanding of banking center processes, procedures, and systems; accounting background is a plus.

Responsibilities

• Monitor alerts daily and identify unusual behavior; apply mitigations and escalate as needed.
• Utilize fraud risk monitoring tools, anomaly detection, and reporting for alerts and transactions (wires, ACH, online banking).
• Assist in developing monitoring processes for alerts; ensure proper logging for regulatory and board reporting.

Skills

Analytical skills

Critical thinking

Technical writing

Strong communication

Ability to learn software

Operational/Accounting background

Education

Bachelor’s Degree or equal experience

Tools

Excel

Word

PowerPoint

Job description

Old National Bank is seeking a Fraud Monitoring Analyst to monitor, review, and analyze transactional information and alert reports to identify fraudulent activity across banking channels.

The role requires strong analytical skills, the ability to learn new software, and experience in banking operations. Primary duties include escalating when needed, applying mitigation procedures, and collaborating with multiple departments to protect clients and bank assets in a fast-paced environment.