Senior Fraud Analyst

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

Job summary

BCB Community Bank is seeking a Senior Fraud Analyst in Edison, NJ to review account activity, detect and investigate fraud, and mitigate losses across fraud channels. The role requires strong analytical skills and regulatory knowledge.

You will lead investigations, coordinate with clients and law enforcement, and help implement bank-wide fraud prevention strategies. Experience with Verafin is preferred and 5+ years in fraud is expected.

Qualifications

• 5+ years of experience in financial fraud detection and investigations.
• Knowledge of fraud typologies, banking operations, and regulatory requirements.
• Experience with data analysis tools and fraud detection software (Verafin preferred).
• Excellent analytical and communication skills.

Responsibilities

• Analyze daily fraud-alerted transactions (ACH, checks, wire, identity theft) to detect suspicious activity.
• Review account histories, gather evidence, and decide on freezing, reversing charges, or escalating cases.
• Lead fraud investigations and compile regulatory documentation.
• Interface with clients, financial institutions, attorneys, and law enforcement; coordinate with Fraud Manager and CCO for compliance.
• Track fraud losses, maintain audit trails, and log case data in fraud analytics software and core systems.
• Monitor industry trends to update training resources and fraud strategies.

Skills

Fraud analysis

Investigation

Regulatory knowledge

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

2 days ago Requisition ID: 1114

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

The 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 elevate 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.