Job Description:

Location: Boston, Massachusetts

CoWorx Staffing Services is hiring a Fraud Detection Specialist in the Boston, MA area!

As a member of the Financial Intelligence Unit’s Fraud Prevention Team, the incumbent is primarily responsible for performing the daily monitoring of various systems and channels to ensure fraudulent and suspicious activity is identified and analyzed to protect company and customer data and assets.

Responsibilities:

Research and analyze transactions across multiple channels to uncover unusual activities indicative of fraud, identity theft, elder abuse and other financial crimes.
Analyze, assess, and decision fraud alerts generated by fraud detection systems in a fast-paced environment.
Investigate fraud referrals/incidents and perform necessary research to minimize risk and promote recovery.
Clearly document and support judgments, decisions and rationale, which will necessitate strong writing skills.
Create and maintain well-documented fraud cases.
Collaborate with other business lines to ensure proper risk management and fraud controls are practiced.
Escalate issues and situations requiring the attention of the Fraud Prevention Manager or BSA Officer.
Provide support and guidance to bank employees and management relating to fraud detection and prevention measures.
Promote fraud prevention initiatives and awareness through projects, process enhancements and outreach to business lines and personnel.
Maintain supporting documentation in accordance with bank standards and regulatory requirements.
Uphold the integrity of the Bank’s fraud prevention policies, procedures, systems and controls.
Provide advisory guidance in fraud prevention techniques and best practices for both internal and external clientele.

Desired Background/Skills:

Associates degree or equivalent experience required.
Minimum three years of experience in a fraud prevention role within a financial institution or similar.
Sound practical knowledge of fraud trends, methodologies and techniques.
Comprehensive understanding of products, services and transaction processing channels within a financial institution. Experience with Zelle preferred.
Strong analytical, research and investigative skills necessary.
Ability to maintain high level of professionalism and confidentiality.
Excellent prioritizing, time management and multi-tasking skills.
Exceptional quality and integrity of work produced within tight deadlines.
Ability to function both independently and within collaborative team environments.
Solid computer skills including the use of Microsoft Office products.
Excellent written and verbal communication skills.

Other Information:

Don’t miss out on this excellent opportunity to join a hardworking, supportive team- apply with us today to get started!

CoWorx is an equal opportunity employer dedicated to fostering a diverse and inclusive team. We believe that a varied workforce enhances our business outcomes and contributes to a brighter future for our internal teams, Field Talent, customers, and communities. We are committed to considering all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or veteran status, and we do not discriminate based on disability.
If you are a person with a disability and require assistance during the recruitment process, please reach out to us.

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Interested candidates please reference job code 237638 when responding to this ad.

Location: Boston, Massachusetts