Fraud Analyst / SAR Writer

Mindlance - New Castle, DE

Full-time - Entry Level

New Castle, DE

Professional, Scientific, and Technical Services

About the position

The Fraud Analyst / SAR Writer is an entry-level role focused on assisting with cash management projects and initiatives, particularly in fraud investigation and regulatory reporting. The position involves monitoring accounts for fraudulent activity, drafting Suspicious Activity Reports (SARs), and collaborating with various business units to effectively detect and manage fraud risks.

Responsibilities

• Liaise with other business units to detect fraud effectively
• Monitor existing accounts for fraudulent wire activity
• Escalate suspicious cases to the investigation unit with relevant information
• Ensure accurate reporting of case details
• Review fraud detection information from various sources
• Take prompt action on identified suspect customers and accounts
• Draft narratives and file Suspicious Activity Reports (SARs) according to FinCEN requirements
• Manage cases by providing detailed evidence and supporting documentation
• Adhere to compliance rules and regulations, applying ethical judgment
• Maintain high productivity and accuracy
• Perform other duties as assigned.

Requirements

• Four Year College Degree or equivalent experience
• 1 - 5 years of experience in reviewing customer transactions for suspicious activity
• Experience in writing and preparing Suspicious Activity Reports (SARs) preferred
• Work experience in a financial institution with fraud monitoring experience
• Excellent accuracy and strong attention to detail
• Good organizational skills with the ability to multitask and prioritize
• Excellent research skills, including experience with online search tools
• Advanced proficiency in Microsoft Word, Excel, Access, and Outlook
• Strong writing, analytical, and communication skills
• Ability to work independently without supervision.