Raymour & Flanigan - Liverpool, NY

posted about 2 months ago

Full-time - Entry Level
Liverpool, NY
Furniture, Home Furnishings, Electronics, and Appliance Retailers

About the position

Raymour & Flanigan is seeking a Fraud Analyst to join our Payment Solutions team at the Field Support Center in Liverpool, NY. This position is integral to our Asset Preservation Team, focusing on reducing financial losses through effective fraud detection and prevention strategies. The Fraud Analyst will work closely with both the Loss Prevention and Asset Preservation teams to ensure that our business strategies are implemented effectively and that performance targets are met. This role involves investigating suspicious digital transaction activities and ensuring proper resolutions of account issues to protect both our customers' and the company's assets. The Fraud Analyst will be responsible for reviewing and analyzing online and ACH transactions prior to their release or approval to identify any potential fraud activity or misrepresentation. This includes monitoring suspicious credit card activity and online orders using the company's fraud technology software. The analyst will also review debit, credit card, and financing account information in comparison to transactions to verify customer information and identify potential fraudulent transactions. Additionally, the role requires monitoring and performing digital verification checks for possible fraudulent activity or compromised accounts. In this position, the Fraud Analyst will compile and analyze transactions across multiple payment channels to detect suspicious or high-risk activity. Identifying risks through investigation and analysis using various tools is crucial to mitigate risks and prevent further losses. The analyst will serve as a point of contact for associates or customers to discuss and resolve fraudulent activity, working with the field to obtain additional information and communicate actions being taken. Furthermore, educating stores on Loss Prevention related issues is a key responsibility of this role.

Responsibilities

  • Review and analyze online/ACH transactions prior to release/approval to determine fraud activity or misrepresentation
  • Monitor suspicious credit card activity and online orders using company’s fraud technology software
  • Review debit, credit card, and financing account information in comparison to transactions to verify customer information and identify potential fraudulent transactions
  • Monitor and perform digital verification checks for possible fraudulent activity or compromised accounts
  • Compile and analyze transactions in multiple payment channels to detect suspicious or high-risk activity
  • Identify risks through investigation and analysis using various tools to investigate suspicious transaction activity online and in store locations
  • Determine the appropriate course of action to mitigate risks and stop further loss, protecting compromised accounts to prevent any further fraudulent transactions
  • Serve as a point of contact for associates or customers to discuss and resolve fraudulent activity
  • Work with the field to obtain additional information and communicate actions being taken
  • Educate stores on Loss Prevention related issues

Requirements

  • Minimum 2 years of experience in banking, loss prevention, and/or fraud related scenarios
  • Associates degree in a related field preferred

Benefits

  • Excellent Health, Dental & Vision Coverage
  • 401(k) with a Company Match
  • Paid Vacation and Holidays
  • Health Savings Account
  • Flexible Spending Account
  • Training and Development
  • Tuition Reimbursement Program
  • Generous Merchandise Discount
  • Short & Long Term Disability
  • Group Life Insurance
  • Specified Disease Insurance
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