Fraud Risk Analyst I - AML & Verification Focus

Freedom First Credit Union; Salem (VA); On-site; USD 55,000 - 75,000; Full time

Job summary

Freedom First Credit Union is seeking a Fraud Risk Analyst to help prevent fraud, monitor activity, and support BSA/OFAC reporting within Fraud Risk Management.

The role focuses on Verafin alerts and member information analysis, collaborating with Deposit Operations to minimize losses.

Ideal candidates have 1–3 years of related experience, a two-year college degree or equivalent, and proficiency in Word and Excel.

Qualifications

• One year to three years of similar or related experience.
• Two-year college degree or equivalent certification or training.
• Proficient in Microsoft Word and Excel.

Responsibilities

• Work daily and weekly Verafin alerts and perform consumer and business behavior reviews.
• Analyze member information and file FinCEN and OFAC Reports in accordance with BSA time frames.
• Perform BSA/MIP/employee account/file maintenance reviews and report issues to Management.
• Ensure monitoring and prevention of fraud, money laundering, and other suspicious activity to minimize losses.
• Comply with government regulations including OFAC and BSA; meet performance expectations.

Skills

Communication

Analytical thinking

Problem solving

Education

Two-year college degree

Tools

Microsoft Word

Microsoft Excel

Job description

Freedom First Credit Union is seeking a Fraud Risk Analyst to help prevent fraud, monitor activity, and support BSA/OFAC reporting within Fraud Risk Management.

The role focuses on Verafin alerts and member information analysis, collaborating with Deposit Operations to minimize losses.

Ideal candidates have 1–3 years of related experience, a two-year college degree or equivalent, and proficiency in Word and Excel.