Fraud Investigator

Bank OZK • Apollo Beach, FL

387d

About The Position

The Fraud Investigator is responsible for conducting fraud incident investigations and managing cases to mitigate and recover losses for the Bank. This role involves collaboration with internal and external stakeholders, including law enforcement, to ensure effective fraud management and compliance with banking regulations.

Requirements

• Bachelor's degree or equivalent work experience required.
• Minimum of two years of experience in fraud investigations, bank security, bank loss prevention, or Bank Secrecy Act reporting required.
• Knowledge of banking laws and regulations.
• Ability to communicate effectively both verbally and in writing.
• Ability to work independently with minimal supervision.
• Ability to maintain confidentiality.
• Ability to read and analyze data to identify fraudulent or suspicious behavior.
• Skill in using computer and Microsoft Office applications, including Word, Excel, and Outlook.

Nice To Haves

• Certification in a relevant discipline (e.g., Certified Fraud Examiner-CFE, Certified Financial Crimes Investigator-CFCI, Certified Anti-Money Laundering Specialist-CAMS) or willingness to obtain certifications.

Responsibilities

• Perform fraud incident management as per the Bank's Fraud Risk Management Program.
• Conduct fraud investigations from escalated alerts and various sources, including branch personnel and law enforcement.
• Execute moderately complex fraud investigations and link analysis involving multiple subjects and jurisdictions.
• Keep management informed about the status and progression of assigned fraud investigations.
• Develop and maintain professional relationships with local law enforcement and peer bank fraud professionals.
• Investigate potential elder abuse and report findings to appropriate groups and agencies.
• Collaborate with operations and front-line employees to protect customer information and prevent losses.
• Formulate initial determinations regarding further actions and recommend possible SAR filings to Management or the AML Investigations team.
• Work with law enforcement to resolve fraud incidents and represent the bank in court as required.
• Support management projects and perform other assigned duties.
• Exercise discretion and judgment in performing essential job functions.
• Maintain good punctuality and attendance.

What This Job Offers

• Job Type: Full-time
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree