Senior Fraud Analyst

Bcb-Community-Bank; Edison (NJ); On-site; USD 70,000 - 90,000; Full time

Job summary

Bcb-Community-Bank in Edison, NJ is seeking a Senior Fraud Analyst to lead the detection and investigation of fraudulent activity across accounts, ACH, checks, wires, and identity theft. You will monitor transactions, assess risk, and collaborate with internal teams, financial institutions, and law enforcement to mitigate losses.

The role requires 5+ years of experience in financial fraud and familiarity with fraud analytics tools such as Verafin.

Qualifications

• 5+ years of experience handling financial fraud detection, fraud monitoring, and fraud investigations.
• In-depth knowledge of fraud typologies, banking operations, and financial regulatory requirements.
• Experience with data analysis tools and specialized fraud detection software (Verafin preferred).
• Excellent analytical, investigative, and communication skills.
• Excellent interpersonal skills: including use of professional and clear verbal communication and writing skills.

Responsibilities

• Manage daily analysis of fraud-alerted transactions (including ACH, check, wire, identity theft, and account takeover) to detect suspicious activity.
• Research account histories, gather evidence, and make quick decisions to freeze accounts, reverse charges, or escalation alerts to active fraud cases.
• Lead fraud investigations, utilize specialized applications to prevent bank/client losses, and compile regulatory documentation.
• Interface with clients, financial institutions, attorneys, and law enforcement. Work with the Fraud Manager and CCO to ensure compliance and audit readiness.
• Track fraud losses, maintain audit trails, and log case data within fraud analytics software and core systems.
• Monitor industry trends via webinars and conferences to update internal training resources and fraud strategies.
• Maintain strict confidentiality while handling multi-task demands both independently and collaboratively.

Skills

Fraud analysis

Fraud investigations

Regulatory knowledge

Analytical skills

Communication skills

Tools

Verafin

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Compliance Full-time Regular Professionals Edison, NJ, US

Salary Range: $70,000.00 To $90,000.00 Annually

Senior Fraud Analyst is responsible for reviewing account transaction activity, detecting, investigating, and mitigating fraudulent activities like identity theft, scams, and unauthorized transactions. They protect company and customer assets by monitoring accounts, assessing risk, and collaborating with internal teams, financial institutions, and law enforcement agencies while leading and implementing company-wide fraud prevention strategies.

Key Responsibilities

• Manage daily analysis of fraud-alerted transactions (including ACH, check, wire, identity theft, and account takeover) to detect suspicious activity.
• Research account histories, gather evidence, and make quick decisions to freeze accounts, reverse charges, or escalation alerts to active fraud cases.
• Lead fraud investigations, utilize specialized applications to prevent bank/client losses, and compile regulatory documentation.
• Interface with clients, financial institutions, attorneys, and law enforcement. Work with the Fraud Manager and CCO to ensure compliance and audit readiness.
• Track fraud losses, maintain audit trails, and log case data within fraud analytics software and core systems.
• Monitor industry trends via webinars and conferences to update internal training resources and fraud strategies.
• Maintain strict confidentiality while handling multi-task demands both independently and collaboratively.

Education and Experience

• 5+ years of experience handling financial fraud detection, fraud monitoring, and fraud investigations required.
• In-depth knowledge of fraud typologies, banking operations, and financial regulatory requirements.
• Experience with data analysis tools and specialized fraud detection software (Verafin preferred).
• Excellent analytical, investigative, and communication skills.
• Excellent interpersonal skills: including use of professional and clear verbal communication and writing skills.

Physical Requirements & Working Conditions

• Ability to travel to branches, off-site training, and/or meetings required
• Lobby/professional office environment with moderate sound.