Sr Fraud Investigator

ABOUT THE ORGANIZATION

SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals.

The anticipated salary range for this role is between $61,000.00 and $89,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers.

To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank.

Specialties

Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services

JOB SUMMARY:

The Sr. Fraud Analyst will be responsible for managing daily tasks associated with Fraud protocols to ensure all regulatory expectations are met and fraud losses are minimized to the reasonable possible extent. Responsibilities include the identification of unusual and/or potentially fraudulent activity, the management of the associated alerts, and the investigation and reporting of internal and external financial crimes against the bank.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

• Complete investigations that may result in Suspicious Activity Reports and apply appropriate risk mitigation measures, while ensuring appropriate documentation of all research and analysis is conducted in accordance with applicable documented guidelines.

• Actively support managers and supervisors with Fraud investigations, while coordinating with team members and other departments to determine the proper course of action in handling potentially suspicious activity as required by applicable global regulatory, law enforcement or, Financial Intelligence Units (FIU).

• Review and analyze transactional data for potential suspicious activity, including those generated from various alert detection systems and processes.

• Review and analyze fraud alerts and account activity for unusual or suspected fraudulent activity that derive from the bank's alert detection systems and processes.

• Conduct due diligence, evaluate the circumstances, and recommend appropriate risk-based actions for any cases of potential fraud; escalate as necessary.

• Collaborate with personnel from other departments when conducting investigations, as appropriate.

• Communicate with Fraud Management on internal control deficiencies detected during the account monitoring/investigative processes.

• Maintain knowledge of the bank's products, services, customers and geographic locations, and the potential fraud risks associated with those activities.

• Maintain proficiency in all aspects of Fraud compliance.

JOB SPECIFICATIONS:

• Educational Experience: Bachelor's degree and 2+ years of experience in fraud prevention, financial compliance investigations, Anti-Money Laundering, or a related field preferred.

• 2+ year(s) of experience in writing and preparing Suspicious Activity Reports (SARs) or similar in accordance with applicable regulatory requirements preferred.

• Certified Fraud Examiner (CFE) or Certified Financial Crimes Investigator preferred.

• Ability to identify fraud trends, and high-level understanding of financial investigations.

• Problem solving / critical thinking skills and ability to exercise independent judgment.

• Strong deductive reasoning, critical thinking, problem solving, and prioritization skills.

• Strong knowledge of fraud related matters and typologies.

• Self-motivated, with ability to actively manage workloads.

• Excellent interpersonal skills, including verbal, written and presentation communication skills.

• Computer literacy including proficiency with Microsoft Office (Excel, PowerPoint, Word, Outlook).

EOE STATEMENT

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

CCPA DISCLOSURE

Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at ~~~. Persons with disabilities may contact our Customer Contact Center toll-free at ~~~ to request the information in this Notice in an alternative format.