Fraud Analyst - Onsite

FRAUD ANALYST - ONSITE - MIRAMAR OR KEY WEST, FLORIDA

Salary Range: $24-28 per hour depending upon experience and education.

First State Bank of the Florida Keys is a customer-focused bank with a long history of serving, reaching out, and connecting with the community. Founded in 1955 with a single branch in Key West, the Bank has grown and changed, as has the surrounding community, but our core values remain the same. First State Bank of the Florida Keys recognizes that what sets us apart are our people.

• Competitive Salary and Hourly Pay Rates
• Medical, Dental, Vision, Life, Long-Term Disability plans available
• 401K Retirement Program with employer matching
• Paid Time Off plus Federal Bank Holidays
• Profit Sharing Program
• Tuition Reimbursement

The Fraud Analyst is responsible for supporting the organization’s efforts to prevent, detect, and investigate fraudulent activities. This role involves analyzing financial and transactional data, monitoring for suspicious activities, conducting thorough investigations, and collaborating with cross-functional teams to enhance security measures and minimize risk exposure.

• Data Analysis:
  Examine transactional and financial data to identify patterns, trends, and anomalies that may indicate fraudulent activity. Utilize statistical methods, data modeling, and machine learning tools to detect irregular transactions or behaviors.
• Transaction Monitoring:
  Continuously monitor online and offline financial transactions to identify deviations from established norms, such as unusual purchase amounts or frequencies. Flag and elevate suspicious activities for further review.
• Investigation of Incidents:
  Conduct comprehensive investigations upon detection of potential fraud. This includes gathering and analyzing evidence, interviewing relevant parties, and working with law enforcement or other external agencies as required.
• Fraud Prevention Strategies:
  Assist in developing, updating, and implementing fraud prevention protocols and security measures. Contribute to the creation and refinement of security guidelines to address emerging threats.
• Collaboration:
  
  Partner with departments such as Finance, Customer Service, Information Technology, and Legal to share insights and strengthen the organization’s overall fraud prevention and response framework.
• Responsibilities also include other duties as assigned by the supervisor/manager.

• Analytical
  
  Skills:
  
  Strong analytical abilities are essential for identifying patterns and anomalies in data.
• Attention to Detail: A meticulous approach is necessary to scrutinize transactions and detect fraudulent activities effectively.
• Technical Proficiency:
  Familiarity with data analysis tools and software is important for conducting thorough investigations.
• Problem-Solving
  
  Skills:
  
  The ability to think critically and creatively to uncover new sources of information is vital.
• Communication:
  Effective verbal and written communication skills for reporting findings and collaborating across teams.

• High school diploma or equivalent
• Knowledge of banking industry

Essential job functions include the employee occupying this position frequently will be required to analyze and interpret data; perform problem resolution; communicate with both internal and external customers, and create written documentation. The employee must be able to remain in a stationary position 60 percent of the time; frequently operates a telephone, computer, printer, copier and fax machine; and occasionally move about inside the office to access file cabinets, office machinery, etc.

First State Bank of the Florida Keys is an equal opportunity employer which provides equal employment opportunities to all qualified individuals without regard to race, color, religion, gender, age, national origin, citizenship, disability, sexual orientation, marital status or any other basis protected by federal, state or local laws.

EOE M/F/V/D