Fraud Risk Management Analyst at Fulton Bank in East Petersburg, PA

Overview

This is a full-time career opportunity that can be hybrid within the Fulton Bank footprint as follows: DC, DE, MD, NJ, PA, VA.

This position is responsible for protecting bank and customer assets from various financial crimes through rapid time-sensitive review, research, analysis and evaluation of customer transactions across all payment and access channels, including initiation of immediate fraud mitigation measures and the identification and appropriate escalation of suspicious activity to ensure compliance with all applicable laws and regulations. Fraud Risk Analysts conduct investigations as assigned. This position will require occasional travel.

Responsibilities

• Prioritizes and investigates all assigned alerts, as well as urgent fraud threats (both domestic and international) reported through the Fraud Risk Management emergency hotline, involving high value transactions as a part of fraud detection, mitigation and behavior analysis of potential suspicious activity; objectively determines and initiates appropriate action steps with the necessary urgency to mitigate fraud loss to the Bank and its customers including restricting account access, initiating return of payment items, etc.
• Conducts objective fraud investigations, which includes liaising on behalf of the bank with local, state or federal law enforcement authorities and/or regulatory report filing (i.e. – Suspicious Activity Reports).
• With ongoing vigilance, facilitate link analysis and identification of potential organized criminal activity and cyber fraud by recognizing common elements across individual alerts and investigations.
• Source, compile and prepare fraud incident and trend data in support of larger investigations or departmental initiatives.
• Collaborate with various lines of business and risk partners to support the fraud detection and mitigation strategies of the Bank
• Apply and ensure adherence to all applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Uniform Commercial Code (UCC), Bank Secrecy Act and USA PATRIOT Act.

Qualifications

Education

High School Diploma or equivalent. (Required)

Bachelor's Degree or the equivalent experience. Specialty: Business Administration or other applicable. (Preferred)

Experience

1 or more years banking experience with direct exposure to fraud. (Required)

Knowledge, Skills, and Abilities

• Exercise discretion and objective judgment on a routine basis to mitigate bank and/or customer losses with consideration given to minimizing negative customer impact or friction. (Required)
• Critical decisions requiring immediate attention, often with somewhat limited information or context due to time constraints, include whether or not to block/freeze accounts, return payment items, deny pending transactions, and de-market customer relationships due to ongoing potential risk. (Required)

Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Benefits

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

The hourly rate for this position is $20.43 - $32.31.

EEO Statement

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.