Lead Specialist- Digital Fraud Detection

KeyBank; Brooklyn (OH); Hybrid; USD 26,000 - 34,000; Full time

Job summary

KeyBank is seeking a Lead Fraud Specialist to analyze electronic transactions and identify potential digital banking fraud. You will review deposits, document findings, and coordinate with various teams to mitigate risk and protect customers and the bank.

The role requires 2+ years in banking or fraud operations, with strong analytical skills and proficiency in MS Office 365. Hybrid in-office schedule with training and standard business hours, occasional weekend shifts.

Qualifications

• Requires 2+ years in banking operations or fraud operations.
• Strong analytical and documentation skills are essential.

Responsibilities

• Perform detailed analysis on electronic transactions and activities suggesting fraud.
• Provide documentary evidence to support findings and mitigate risk.

Skills

Fraud analysis

Deposit review

Regulatory compliance

MS Office 365

Communication skills

Education

High School Diploma or equivalent

Bachelor's Degree in a relevant field

Tools

MS Office 365

Job description

Location

Location: 4910 Tiedeman Road, Brooklyn Ohio

Location: Hybrid, requiring 2+ days in-office each week in Cleveland OH, Buffalo NY, & Albany NY

Schedule/Hours

Training will be for the first 2-3 weeks, Monday – Friday between 8am & 6pm ET

After training, the hours for this position are: Monday- Friday; with possible Saturdays 2 available schedules are 12:30pm – 9:00pm ET and 2:30pm - 11:00pm ET

This schedule receives a 10% shift differential

In-office on Wednesday and Thursday

Job Summary

As a part of Fraud Services, the Fraud Detection and Risk Analysis (FDRA) team focuses on detecting and preventing fraud related activity to minimize losses to the bank and enhance our relationships with our customers. We execute a proactive strategy of fraud detection, protecting both the bank and our customer, while providing shareholder value. The Lead Specialist performs a variety of complex and specialized tasks associated with identifying suspected Digital Banking fraud and will review deposit accounts and online banking. Performs detailed examinations on electronically initiated transactions to confirm or disprove potential fraud related transactions and related activity.

Essential Functions

• Perform detailed analysis on electronic transactions and activities that appear to support suspicions of fraudulent activity and provide detailed documentary evidence to support findings.


• Take precautionary measures on accounts and/or transactions to mitigate risk to KeyBank and/or Key Bank clients and provide direction to all lines of businesses supported by Fraud Services.


• Communicate information on deposit fraud suspects to account relationship officers, corporate investigations, and area management.


• Document daily review and analysis of suspect transactions, providing area management with reports recapping current efforts.


• Obtain and provide detailed documentary evidence to support confirmed fraud activity.


• Maintain ongoing communication with internal and external clients regarding associated account resolution.


• Other specialized tasks when required.

Education

• High School Diploma or equivalent (required)


• Bachelor's Degree in a relevant field or school (preferred)

Work Experience

• 2+ years of banking operations and/or fraud operations experience

Proven Skills and Abilities

• Proven accuracy and organizational skills.


• Proven ability to manage multiple diverse tasks simultaneously.


• Ability to complete functions within available timeframes and achieve service level agreements to ensure regulatory compliance.


• Proven written and verbal communication skills.


• Proven ability to analyze, solve problems, and make decisions effectively and independently.

Digital Proficiency

Digital proficiency in MS Office 365 and comfortability navigating through multiple systems in a fast-paced environment.

Skills

• Working knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business.


• Ability to apply this knowledge appropriately to diverse situations.


• Working knowledge of customer service concepts and techniques.


• Ability to meet or exceed customer needs and expectations and provide excellent service in a direct or indirect manner.


• Working knowledge of back-office operations.


• Ability to implement the practices, processes, technologies, and applications associated with banking transaction processing and records management.


• Working knowledge of major production application systems used for delivery of services to internal and external clients.


• Ability to leverage major production application systems in diverse situations.


• Working knowledge of the importance of meeting or exceeding established targets.


• Ability to drive critical activities to completion.


• Working knowledge of the necessity and value of accuracy.


• Ability to complete tasks with high levels of precision.


• Working knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems.


• Ability to apply knowledge of problem solving appropriately to diverse situations.


• Working knowledge of the concepts and principles of Gemba Kaizen methodology.


• Ability to identify and eliminate manufacturing waste through iterative improvements to processes.


• Working knowledge of the necessity for continuous personal growth and learning.


• Ability to gauge one's strengths, limitations and interests accurately, and use this knowledge for purposes of performance effectiveness self-development.


• Working knowledge of successful approaches and techniques for dealing with change.


• Ability to adapt to a changing environment and be comfortable with change.


• Working knowledge of collaborative techniques.


• Ability to work with a variety of individuals and groups in a constructive and collaborative manner.


• Working knowledge of effective communication concepts, tools and techniques.


• Ability to effectively transmit, receive, and accurately interpret ideas, information and needs through the application of appropriate communication behaviors.


• Basic understanding of processes, tools and techniques for assessing and controlling an organization's exposure to risks of various kinds.


• Ability to apply knowledge of risk management appropriately to diverse situations.

Core Competencies

All KeyBank employees are expected to demonstrate Key’s Values and abide by Key’s Code of Conduct.

Physical Demands

General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Compensation & Benefits

This position is eligible to earn a base hourly rate in the range of $18.75 - $25.00 per hour. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes incentive compensation which may include production, commission, and/or discretionary incentives. Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date

11/30/2026

Equal Opportunity Statement

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [e-mail].

Employer Brand

#LI-Hybrid KeyBank is an organization collectively committed to helping you unlock your potential and discover what truly drives you. Working here means sharing our purpose to help our clients, colleagues, and communities thrive. You’ll find genuinely supportive teammates, a flexible, inclusive work environment, challenging projects, accessible leaders, and opportunities to grow in your position and your career. For 200 years, Key has opened doors in our communities. Let us open one for you.