Fraud Analyst

Connexus Credit Union - Who We Are:

Serving members across all 50 states, Connexus Credit Union is a member-focused cooperative that is proud to return profits to member-owners through high yields for checking accounts and deposit products, as well as competitive rates on our loans. We are a remote first employer with the majority of our employees residing in the upper Midwest.

As an employer we foster collaboration and high performance to achieve excellence. We holistically care for and develop our employees to thrive personally and professionally. We are proud to share our success with our employees and those we serve.

Connexus offers an Amazing Benefits package:

• 25 days of paid time off and 7 paid holidays

• 16 hours of paid Volunteer Time Off

• 401K Retirement with up to 6% employer match

• Excellent Health, Dental, Vision insurance, including multiple plan options

• Health Savings Account with generous employer contributions

• Employer paid Life insurance, Short-Term and Long-Term Disability

• Tuition Reimbursement from $4,000 - $7,000 per calendar year

• Robust Learning and Development program that includes an annual professional development stipend

Responsibilities:

• Required to be fully knowledgeable and skilled in all areas of the department to review and monitor suspicious activities while identifying and mitigating potential risks to the credit union.

• Works in a dynamic, highly collaborative, fast-paced environment, where member experience and fraud prevention are the goal.

• Concentration on one specific or many different fraud typologies, such as external/internal fraud, consumer and commercial accounts, consumer lending, debit and credit cards, phishing or internet banking fraud, financial exploitation.

• Monitoring fraud software program (Verafin) for compliance with fraud reporting, which includes filing Suspicious Activity Reports (SAR), suggesting refinements and updates to better track and identify suspicious activity.

• Supports the monitoring and of fraud issues across all channels of credit union; prepares reports for management based on this tracking.

• Investigate Identity Theft Red Flag reports and document findings.

• Processes and prepares case files to and from governmental agencies and any fraud cases we elect to pursue.

• Conducts analysis of current and past fraud cases/trends, suggesting process refinements to enhance.

• Files cases of potential Elder Abuse with County agencies.

• Collaborate with other Connexus departments, other financial institutions, law enforcement authorities or customers when researching and resolving suspicious activity, under the direction of the Director BSA & Fraud.

Position Requirements:

• This position is Remote.

• Associate's Degree or commensurate experience is Required.

• 3+ years of experience in a financial institution or analytics is Required.

• Knowledge of BSA/AML/OFAC regulations with experienced using dynamic BSA/AML/Fraud monitoring systems.

• Self-motivated individual that is detail oriented and can accurately complete work within required time frames under minimum supervision driven by a sense of urgency.

• Possesses proficient skills to open, create, and modify various documents using the Microsoft Suite (e.g. documents, spreadsheets, email, etc) and enter/retrieve information using various applications/systems.

Connexus Credit Union's Recent Recognitions:

• 5 Best Credit Unions of 2024 – Nerdwallet

• The Best Credit Unions of 2024 – Bankrate

• Best Credit Union for using Any ATM - The Balance

Equal Opportunity Employer/Disabled/Veterans/41 CFR 60–1.4, 41 CFR 60-1.35