Fraud Risk Analyst - Early Detection & Prevention

Allegacysmart; North Carolina; On-site; USD 60,000 - 85,000; Full time

Job summary

Allegacy is seeking a Fraud Analyst to review fraud alerts, assess activity, and escalate cases for deeper investigation. The role supports compliance efforts and communicates findings with internal teams.

Ideal candidates have strong analytical skills, knowledge of AML/KYC procedures, and experience with fraud detection tools. This position requires attention to detail and the ability to work in a fast-paced environment.

Qualifications

• Bachelor’s degree preferred, especially in Finance, Business, Criminal Justice, or a related field.
• Associate’s degree acceptable with 3–5 years of relevant fraud analysis experience.
• High School Diploma with 5+ years in financial services or fraud-related roles.

Responsibilities

• Review incoming fraud alerts and notifications to identify potential fraudulent activity.
• Conduct initial assessments of account activity and transaction patterns for escalation.
• Document findings and maintain organized records of reviewed cases and alerts.
• Escalate suspicious or confirmed fraud cases to Fraud Investigators or management.
• Research member accounts using internal systems to gather relevant information.
• Support fraud prevention by identifying trends and flagging recurring issues.
• Assist in compiling data for internal reporting and fraud-related metrics.
• Communicate effectively with internal departments to clarify case details.
• Maintain confidentiality and handle sensitive member information with discretion.
• Stay current on fraud detection practices and participate in training.

Skills

Financial systems understanding

AML/KYC procedures

Fraud detection

Compliance standards

Analytical skills

Office software

Written and verbal communication

multitasking

Integrity

Team collaboration

Education

Bachelor's degree preferred in Finance/Business/Criminal Justice

Associate's degree with 3–5 years experience

High School Diploma with 5+ years experience

Tools

Fraud detection tools

Case management systems

Financial software

Job description

Allegacy is seeking a Fraud Analyst to review fraud alerts, assess activity, and escalate cases for deeper investigation. The role supports compliance efforts and communicates findings with internal teams.

Ideal candidates have strong analytical skills, knowledge of AML/KYC procedures, and experience with fraud detection tools. This position requires attention to detail and the ability to work in a fast-paced environment.