Fraud Analyst

Position Overview

The Fraud Analyst will monitor and investigate suspicious activity from multiple sources to control the risk of fraud losses for the Wintrust Financial Corporation. The Fraud Analyst will review available information and communicate regularly with the banks to minimize exposure, recover funds, and report fraud activity. All job duties will be completed in accordance with policies, procedures, applicable Federal regulations and SLA agreements under the principles of the Operations Mission Statement.

• Process incoming and outgoing bank transactional fraud alerts (Check, Deposit, ACH, P2P, B2B, Wires and Loan) in Verafin daily.
• Process and review new account applications in Alloy.
• Process and review new and existing MSX/check fraud claims/disputes in the WTFC Case Management System.
• Review positive pay items each day and resolve or pass to the customer for review.
• Review accounts where kiting is suspected and report as required.
• Monitor branch fraud reports and perform extra due diligence on accounts to control risk to the bank and review any other unusual account activity as warranted.
• Support other teams in the Information Security, Security, and Fraud departments.

• 3+ years’ experience in fraud, fraud claims, fraud disputes, loss prevention, BSA-AML, banking operations, retail, compliance risk management, or law enforcement.
• Prior Loan Servicing experience highly desirable.
• Fraud Case Management experience (Verafin, Alloy, Actimize, ACI, FIS Falcon, etc).
• Proficient in computer skills including Microsoft Word, Excel, Outlook, and other Office programs.
• Ability to work in a hybrid work environment (3 days in office per week) during core hours 6am–6pm Monday–Friday and Saturdays 9am–1pm on a rotational basis as part of the 5‑day work week.

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Accidental death and dismemberment
• Short‑term and long‑term disability insurance
• Parental leave
• Employee Assistance Program (EAP)
• Traditional and Roth 401(k) with company match
• Flexible Spending Account (FSA)
• Employee Stock Purchase Plan at 5% discount
• Critical illness insurance
• Accident insurance
• Transportation and commuting benefits
• Banking benefits
• Pet insurance

The estimated salary range for this role is $50,000.00 - $65,000.00, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills and experience.

Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.