Fraud Operations Analyst

Wealthfront is currently hiring a fully remote Fraud Operations Analyst I to be responsible for daily fraud monitoring and investigation functions.  Fraud Operations is a division of Wealthfront Brokerage and works closely with Brokerage Operations Compliance and all other divisions of Wealthfront Corporation including the engineering and product teams.

Fraud Investigations Responsibilities

• Assist in the identification of unusual financial activity indicative of money laundering financial fraud and/or financial crime.

• Conduct complex investigations aimed at identifying criminal activities and preventing fraud on our platform.

• Perform data-driven analysis to identify vulnerabilities and/or proactively determine potential issues or areas of improvement.

• Perform thorough analyses of account and transaction histories to detect and elaborate on established patterns related to fraud and anti-money laundering (AML) typologies.

• Conduct holistic account and transaction monitoring in support of Wealthfront’s BSA/AML and Sanctions programs.

• Coordinate fraud investigations and recoveries with contra firms.

• Present findings of investigations to different stakeholders within the firm.

• Create implement and update policies and procedures to further develop Wealthfront’s anti-financial crime and transaction monitoring program.

• Research fraud identity and user behavior to contribute to rules models and other detection systems.

Cross-Functional Responsibilities

• Coordinate with Financial Crimes Compliance to ensure fraud and non-fraud-related cases are properly escalated for investigation and SAR filing consideration.

• Partner with Engineering teams to implement automated solutions.

• Work with other product areas to develop new data driven controls for optimizing user experience while detecting and preventing fraud.

• Work with our support team to resolve client issues.

Requirements

• 1-3 years of analytical experience in the financial services industry.

• Strong research and investigation skills ideally adept at aggregating and synthesizing large amounts of information including transaction data.

• Ability to work efficiently and independently in a fast-paced high-volume and technology-driven environment.

• Knowing when to use judgment to make risk based decisions with current (and sometimes limited) information.

• Strong written and oral communication with attention to detail analytical skills investigative research and documentation experience.

• Experience with SQL and/or dashboard creation is preferred.

• Assist in the identification of process improvements and automation opportunities.

• Understanding fraud schemes; including Wire ACH Debit Card Online Account Takeover Identity Theft Elder Financial Exploitation and New Account Fraud.

• Maintain subject matter expertise and ensure work completed adheres to applicable regulations policies and procedures.

• Knowledge of FINRA NACHA SEC and MSRB rules is a plus.

• Experience conducting Anti-Money Laundering (AML) Anti-Threat Finance (ATF) and/or OFAC related analysis and/or investigations and Financial Intelligence analysis and Counter-Intelligence a plus.

• Embody the qualities of being a true team player - humility intelligence and openness to both positive and constructive feedback.

Estimated annual salary range: $79000-95000 USD plus equity.

Benefits include medical vision dental 401K plan generous time off parental leave wellness reimbursements professional development employee investing discount and more!

About Wealthfront

Wealthfront started with the ambition to transform the investment advisory business with the goal to unlock access to high quality investment advice for millions who were underserved by the traditional institutions. We built one of the first automated investment products that allows you to invest in a personalized portfolio of thousands of companies in seconds for a remarkably low fee. We then expanded. We now work with partner banks to offer exceptional banking features through a Wealthfront Brokerage Cash Account which makes it remarkably easy for people to automate their finances end-to-end and eliminated the hassle of money management all of which resulted in attracting more than $70 billion of our client’s hard earned money pioneering the robo-advisor category and transforming the broader industry. And yet we have a long way to go to achieve our mission to build a financial system that favors people not institutions.

Wealthfront’s vision is to make it delightfully easy to build long-term wealth on your own terms. This vision is more relevant than ever because millions more people are getting into the market early and investing their hard earned savings in a handful of stocks. While this is a great way to start it is inconsistent with building long-term wealth. We want to empower young investors to expand their horizon and easily explore and execute on a wider range of investing strategies make informed investment decisions that are consistent with their values and beliefs while also making it effortless to grow and compound their savings exponentially in a way that’s transformational to their lives and their long-term future.

For more information please visit www.wealthfront.com .

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race religion color national origin gender sexual orientation age marital status veteran status or disability status.

Please review our candidate privacy notice .