Fraud Risk Analyst - Data-Driven & Impactful

Trustco Bank; City of Schenectady (NY); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

PTO

401K

Tuition assistance

Loan products discounts

Job summary

Trustco Bank is seeking a Fraud Analyst in Schenectady, NY to join our Information Security team. You will collect and analyze data from branches and internal departments, ensuring compliance with policies and regulatory requirements related to fraud.

You’ll build and apply fraud models and controls to mitigate losses while balancing customer experience. Strong analytical, communication, and teamwork skills are essential.

Qualifications

• High school diploma or equivalent required.
• Associates in cybersecurity/IT/CS preferred.
• Bachelor’s degree in cybersecurity/IT/CS or related field required or preferred.

Responsibilities

• Report productivity, quality, and ad hoc requirements accurately and timely.
• Apply procedures and knowledge of product and system applications.
• Perform analytical review of data for fraud/risk.
• Coordinate with other departments on projects.
• Develop fraud models, strategies, and controls to mitigate losses.
• Report fraud losses and trends; monitor strategy performance.
• Drive reductions in fraud through rule/model management and vendor partnerships.
• Support reviews of fraud alerts from various sources (online banking, ACH, wire, card).

Skills

Strong regulatory compliance

Problem solving

Verbal and written communication

Organization & time management

Independent & collaborative work

MS Office (Excel, Word)

Education

High School Diploma or equivalent

Associate’s in Cybersecurity / IT / CS

Bachelor’s in Cybersecurity / IT / CS

Job description

Trustco Bank is seeking a Fraud Analyst in Schenectady, NY to join our Information Security team. You will collect and analyze data from branches and internal departments, ensuring compliance with policies and regulatory requirements related to fraud.

You’ll build and apply fraud models and controls to mitigate losses while balancing customer experience. Strong analytical, communication, and teamwork skills are essential.