Financial Crimes Analyst

Financial Crimes Analyst

Job :

Job Location s: US-MS-Tupelo | US-TN-Memphis | US-AL-Birmingham | US-TN-Nashville | US-GA-Atlanta

Overview

The Financial Crimes Analyst is part of a team that is responsible for the daily review and monitoring of transactions originating from various sources for the purpose of preventing and detecting fraud. The Financial Crimes Analyst will work with the Enterprise Fraud Manager to design and implement controls designed to prevent losses related to fraud in the Company and its customers.

RENASANT

BANK IS AN EQUAL OPPORTUNITY EMPLOYER Responsibilities

• Assist with the development, implementation and testing of financial crimes detection and prevention procedures and tools
• Monitor and maintain strategies and tools used to prevent and detect fraud
• Investigate suspected financial crimes and be assertive by taking swift action to protect the bank's interest and the customer's interest
• Assist the Customer Experience Center (CEC) and branch personnel with customer problems related to the technical aspect of the financial crimes investigation and recovery process. When necessary, work directly with customers to resolve related problems.
• Monitor transactions originating from various sources that include, but not limited to:
  • Checks
  • Debit cards
  • ACH
  • Wire transfer
  • Zelle
  • Bill payment
  • External transfer
• Review activity identified as suspicious by the various fraud detection systems, software applications, and reports. Work with branch personnel to mitigate possible losses identified in the review.
• Review various reports that identify possible kiting activity, dormant account activity, etc.
• Monitor, investigate and respond to fraud-related matters reported by branch personnel, CEC representatives, other financial institutions, etc.
• Identify and take appropriate and swift action on accounts with suspicious activity, such as placing restriction codes, blocking cards, etc.
• Work with law enforcement and bank regulatory representatives on issues concerning financial crimes
• Identify and report operational losses
• Assist with the reporting of fraud-related metrics for internal analysis and reporting to internal partners
• Assist with the management of the Retail Loss Prevention Rewards Program
• Assist with the development and delivery of fraud-related communication and training
• Perform surveillance research services as requested by bank personnel and law enforcement
• Provide backup and receive cross-training for all departmental duties
• Perform other related duties as assigned

Qualifications

• High School Diploma or equivalent
• Minimum of 2 years of job related experience
• Proficient in Microsoft Office suite of products including Outlook, Word, and Excel
• Basic understanding of bank security and financial crimes
• Knowledge of fundamental arithmetic and basic reconciliation procedures
• Ability to communicate well verbally and in writing
• Knowledge of bank operations, policies, and accounting procedures
• Knowledge of principles of banking
• Ability to work equally well with senior management and staff personnel
• Ability to interact in a professional manner with clients, other employees, examiners, management, third-party vendors, other financial institutions, and law enforcement
• Ability to think logically and analytically to solve problems
• Ability to multi-task and manage quickly developing situations
• Exercise mature judgment with a high degree of integrity and professionalism, sometimes in high stress situations
• Ability to manage problems involving several variables in situations where only limited standardization and/or information exists
• Ability to be an effective contributor in a group setting where multiple points of view are present and decisions need to be made quickly
• Ability to maintain confidentiality in all matters
• Ability to…