- Professional
- Escritório em Fair Lawn
Summary:
The Fraud Investigator will be responsible for preventing, detecting, investigating, and reporting fraudulent activities within the bank. This role requires a strong understanding of financial services, investigative techniques, and regulatory compliance to protect the bank and its customers from financial loss. The Fraud Investigator should be detail-oriented, analytical, and have strong familiarity with physical security controls such as video surveillance, card access, and burglar alarms.
Job Responsibilities:
- Investigations and Fraud Prevention
- Conduct thorough investigations of suspected fraudulent activities, including analyzing transaction patterns, reviewing account histories, and interviewing relevant parties.
- Work closely with law enforcement and regulatory agencies to support investigations and prosecutions.
- Perform site surveys, risk assessments, and recommend security enhancements.
- Provide training and support to bank staff on fraud prevention measures and detection techniques.
- Stay current on industry trends, regulatory requirements, and emerging fraud patterns to enhance investigative strategies.
- Assist in the development and implementation of fraud detection systems and policies to strengthen internal controls.
- Collaborate with internal departments including retail, lending, compliance, risk management, and legal to ensure a comprehensive approach to fraud prevention and detection.
- Monitor and analyze alerts generated by fraud detection systems to identify potential fraud trends and patterns.
- Response and Recovery
- Respond to robberies, burglaries, and acts of vandalism as required.
- Assist with recovering funds directly through the bank or through law enforcement and the court.
- Perform General Ledger accounting entries as they relate to losses and recoveries.
- Reporting
- Prepare detailed reports documenting findings, evidence, and recommendations for further action.
- Prepare and file accurate and timely Suspicious Activity Reports.
- Other Responsibilities
- Perform other job-related duties as may be assigned.
Job Requirements
- Bachelor’s degree in Criminal Justice, Finance, Business Administration, or a related field.
- Three to five years of experience in fraud investigations or related field, preferably within the banking, online banking, and /or financial services industry.
- Strong analytical skills with the ability to interpret complex data and identify anomalies.
- Excellent verbal and written communication skills, with the ability to present findings clearly and concisely
- Proficient in using investigative tools and software, as well as Microsoft Office Suite.
- Knowledge of relevant laws and regulations related to fraud and financial crimes.
- Strong attention to detail with the ability to work independently and as part of a team.
- Certification as a Certified Fraud Examiner (CFE) or similar credential is highly desirable
- Former law enforcement experience a plus.
Columbia Bank offers the following benefits:
- Medical, Dental, Vision and Rx which are contributory.
- Bonus programs.
- Employee Stock Option Program (ESOP).
- Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D).
- Paid Time Off (PTO) which includes Personal and Vacation Time.
- Paid Sick Time.
- Bank Holidays.
- Employees may participate in the 401k program.
Schedule:
Hybrid; 3 days in the office and 2 days work from home based on business need.
Columbia Bank and its affiliates is an Equal Opportunity Employer, including individuals with disabilities and veterans.
