Fraud Risk & Detection Specialist

BRMi; Winchester (VA); Hybrid; USD 67,000 - 85,000; Full time

Benefits offered by this job

Comprehensive Medical, Dental, and Vis

Job summary

BRMi is seeking a Fraud Management Specialist to support the development and improvement of fraud management policies, processes, reporting, and detection methods in order to protect the organization from financial fraud.

You will collaborate with business units and Security to identify fraud trends, resolve cases, and support strategic prevention initiatives while working under general supervision.

Qualifications

• Bachelors degree in Business, Finance, or related field.
• Experience identifying, analyzing, and resolving fraud-related issues.
• Knowledge of fraud detection, prevention, and case management practices.
• Strong analytical, research, and problem-solving skills.
• Ability to analyze data and identify fraud patterns and trends.
• Experience preparing reports and maintaining fraud-related documentation.
• Strong verbal and written communication skills.
• Ability to manage multiple priorities in both independent and team environments.
• Familiarity with databases, spreadsheets, presentation software, and reporting tools.
• Knowledge of statistical analysis, data querying, forecasting, and operational reporting.
• Understanding of financial institution operations, lending, and credit union processes.
• Familiarity with NCUA regulations and fraud investigation practices.
• Ability to collaborate with cross-functional stakeholders and business leaders.
• Knowledge of organizational policies, procedures, and fraud prevention standards.
• BRMi will not sponsor applicants for work visas for this position.
• This is a W2 opportunity only

Responsibilities

• Identify patterns and trends indicating potential fraud or account abuse.
• Monitor member account activity to detect fraudulent transactions and suspicious activity.
• Take immediate protective action and accelerate cases to Security for investigation.
• Review and analyze potential fraud and forgery cases prior to Security submission.
• Track and monitor fraud case progress and communicate status updates to stakeholders.
• Communicate with internal and external customers regarding fraud issues and case resolution.
• Identify opportunities to improve fraud processes, technology, data, and procedures.
• Serve as a subject matter expert on fraud trends and emerging risks.
• Support fraud detection, prevention, and root cause analysis initiatives.
• Collect, prepare, maintain, and analyze fraud-related data and reports.
• Develop and support incident response standards, fraud response processes, and quality procedures.
• Coordinate or provide training related to fraud processes and procedural updates.
• Partner with business units to understand transaction processes and identify fraud risks across operations.
• Perform other duties as assigned.

Skills

Fraud detection

Data analysis

Reporting

Communication skills

Regulatory knowledge

Cross-functional collaboration

Education

Bachelor's degree in Business, Finance, or related field

Tools

Databases

Spreadsheets

Presentation software

Reporting tools

SQL / data querying

Job description

BRMi is seeking a Fraud Management Specialist to support the development and improvement of fraud management policies, processes, reporting, and detection methods in order to protect the organization from financial fraud.

You will collaborate with business units and Security to identify fraud trends, resolve cases, and support strategic prevention initiatives while working under general supervision.