Fraud Analyst (Hybrid)

About the position

At Byline Bank, we're looking for hardworking, client-focused individuals to join our dynamic team. As part of our organization, you'll have the opportunity to contribute to the success of our clients and make a real difference in the communities we serve. If you're passionate about delivering quality service and thrive in a supportive, growth-oriented environment, let's connect to discuss this Fraud Analyst opportunity! The Fraud Analyst works with all Byline Staff in order to safeguard the Bank and its Customers against Fraud. As a Fraud Analyst at Byline Bank, you will investigate fraudulent/illegal activities perpetrated by customers and/or employees. You will also have an opportunity to create process improvements to prevent high risk fraudulent activities and to recover any incurred losses.

Responsibilities

• Perform manual fraud reviews to detect fraudulent transactions.
• Perform independent, investigative reviews related to fraudulent and suspicious activity involving, but not limited to check fraud, ACH fraud, wire fraud, eBanking, Zelle payments, and elder financial abuse.
• Complete timely assigned fraud alerts and case investigations.
• Complete Suspicious Activity Reports (SARs) and 90 Day SAR follow-up reviews.
• Review queued transactions to determine if transactions are fraudulent or legitimate.
• Review and maintain Red Flag cases and Concern Reports.
• Assist in maintaining basic ecommerce duties including chargeback, ATM/Mobile deposits handling and review.
• Analyze customer banking transactions to detect common patterns of suspicious behavior.
• Perform specialized reporting and tasks delegated by leadership.

Requirements

• Bachelor's Degree required and/or minimum 5 years banking experience with knowledge of Fraud, Loss Mitigation, and Bank Secrecy Act regulatory requirements and/or other program related compliance functions.
• Skill in time management, organizational, and ability to maintain composure while meeting multiple deadlines.
• Expertise in collecting and evaluating information to draw logical conclusions.
• Effective verbal and written communication skills, including active listening skills, and skills in presenting findings and recommendations.
• Ability to effectively communicate the applicability of Fraud issues to front line personnel for execution in the day-to-day working environment.
• Continuous fraud knowledge related trends, theories, and practices.
• Demonstrated proficiency in Microsoft Word, Excel, and other financial systems.
• Ability to communicate with colleagues and the BSA Officer regarding issues and findings.

Nice-to-haves

• Certified Fraud Examiner (CFE) designation is highly desired, and if not already attained, will be a requirement within a reasonable period of time from starting date depending on examination availability/scheduling.

Benefits

• Medical coverage
• Dental coverage
• Vision coverage
• Disability insurance
• 401k
• Paid time off
• Discretionary bonuses and other benefit programs