Senior Fraud Specialist

BNB Bank; Hauppauge (NY); On-site; USD 60,000 - 70,000; Full time

Job summary

Dime Commercial Bank (Dime) in Hauppauge, NY is hiring a Senior Fraud Specialist to detect and prevent fraud, ensuring the safety of our customers' accounts. This role requires a strong analytical mindset and thrives in a fast-paced environment.

Salary is commensurate with experience, ranging from $60,000 to $70,000 annually. All applicants must attach a recent resume. This is NOT a remote role.

Qualifications

• Bachelor’s degree in finance/related field or minimum 5 years’ Banking/Risk Management experience.
• Minimum 7 years’ previous e-commerce fraud prevention, investigation, or retail fraud prevention experience.
• Preferred certifications include CFE, CAFS, CFCI, CAFP, or CAMS.
• Advanced knowledge of banking including check, ACH, wire, and other payment channel rules.
• Proficient in Microsoft Office with aptitude for learning other systems.
• Self-starter with ability to work independently.
• Outstanding time management and interpersonal skills; able to work with all levels.
• Excellent oral and written communication; detail-oriented and analytical.

Responsibilities

• Analyze data and conduct investigations to identify discrepancies and fraud.
• Foster accountability, collaboration, speed, innovation, and excellence in controls.
• Interview staff to resolve questions and gather information.
• Build relationships between departments to promote collaboration.
• Write reports; document evidence, findings, and recommendations.
• Identify fraud trends and propose new prevention strategies.
• Monitor fraud software platform alerts and case statuses; report to management.
• Mentor and train department employees as needed.
• Develop documentation to enhance corporate policies and procedures.
• Support reporting of potential fraud, losses, and recovery figures.
• Stay informed of changing fraud patterns or regulations.
• Assist with creating and implementing Fraud Monitoring policies.

Education

Bachelor’s degree in finance/related field

Tools

Fraud software platform

Job description

Description

Summary: Dime Commercial Bank (Dime) is currently hiring for a Senior Fraud Specialist at its Headquarters in Hauppauge, Long Island. The Senior Fraud Specialist plays a crucial role in detecting and preventing fraud, ensuring the safety and security of our customers' accounts. We are looking for a dedicated and detail-oriented individual with a strong analytical mindset and the ability to thrive in a fast-paced and ever-evolving environment. This role is not entry level.

Salary commensurate with experience, ranging from $60,000 to $70,000 annually. The exact compensation may vary based on relevant experience, skills, education, training, licensure and certifications, and location.

All applicants must attach a recent resume. This is NOT a remote role.

Responsibilities

• Analyze data and conduct thorough investigations and inquiries from multiple sources to identify discrepancies, spot fraud, and eliminate suspicion.


• Foster a culture of accountability, collaboration, speed, innovation, and excellence while continuously elevating quality and caliber of controls.


• Interview and elicit information from department staff to resolve questions.


• Build and maintain relationships between outside departments, cultivating a culture of collaboration, transparency, and mutual success.


• Write reports, document case evidence, findings, and recommendations.


• Identify fraud trends, make recommendations for new strategies to prevent additional losses.


• Assume responsibility for special projects assigned by management.


• Monitor and manage fraud software platform alert and case statuses and report to management.


• Analyze and monitor fraud software platform metrics and performance indicators.


• Act as mentor and assist in training of department employees when needed.


• Develop documentation related to various fraud issues to enhance corporate policies and/or procedures.


• Support management in reporting potential fraud, fraud losses, and recovery figures.


• Stay informed of changing fraud patterns or regulations in the field.


• Assist with creating and implementing policies and procedures relating to Fraud Monitoring.


• Exercise good judgment to independently resolve problems that require in depth investigation and/or research.

Qualifications

• Bachelor’s degree in finance/related field or minimum 5 years’ Banking/Risk Management experience.


• Minimum 7 years’ previous e-commerce fraud prevention, investigation, or retail fraud prevention experience.


• Preferred certifications include Certified Fraud Examiner (CFE), Certified Anti-Fraud Specialist Certification (CAFS), Certified Financial Crimes Investigator (CFCI), Certified AML and Fraud Professional (CAFP), or Certified Anti-Money Laundering Specialist (CAMS).


• Advanced knowledge of banking, including check, ACH, Merchant Capture, wire, and other payment channel operating rules.


• Proficient in Microsoft Office (i.e., Excel, Word, PowerPoint, and Outlook) with an aptitude for learning other systems.


• Self-starter with demonstrated ability to work both independently and efficiently.


• Outstanding time management and interpersonal skills, and the ability to work with all levels in the organization.


• Possess excellent oral and written communication skills.


• Excellent critical thinking and problem-solving skills.


• Detail-oriented and strong analytical mindset.


• Ability to thrive in a fast paced and ever evolving environment.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.