Fraud Analyst

Job Title: Fraud Analyst

External Job ID: NEMSJP00173825

Location: New Castle, DE

Duration: 5+ Months

2 months in office 5 days a week for training (No exceptions)

3 days a week in the office after training contingent on performance.

The Cash & Trade Proc Assoc Analyst 2 is an entry level role responsible for assisting the function with any projects and initiatives related to cash management in coordination with the Transaction Services team. The overall objective is to facilitate multiple complex transaction types from end to end, including escalation as needed.

Controlled Disbursement- Fraud Wire Recall Review Analyst is responsible for handling fraud investigation and regulatory reporting. Requires good understanding of Fraud and reputational risk. The incumbent requires to work with internal and external line of business at all levels.

Responsibilities:

• Liaise with other business unit to detect fraud effectively

• Case monitoring of existing accounts with fraudulent wire activity

• Escalate suspicious cases to investigation unit by providing all relevant information in order to prevent loss to the client and Citi

• Ensure all cases details are provided for accurate reporting

• Review detailed fraud detection information from various sources that provide suspect or unusual activity requiring research and follow-up

• Provide prompt and appropriate action on identified suspect customers and accounts.

• Draft narratives and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements.

• Case management, provide detail evidence, all supporting documentation.

• Adhere to all process, procedures, compliance rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

• Maintain high level of productivity and accuracy.

• Other duties as assigned and or needed.

Qualifications:

• Four Year College Degree or equivalent experience.

• Minimum 1 - 5 years of experience in reviewing customer transactions and information for identifying potentially suspicious activity and fraud reviews/investigations.

• Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements preferred

• Work experience in a financial institution with job specific work experience in Fraud Monitoring.

• Excellent accuracy and strong attention to detail

• Good organizational skills - ability to multitask and prioritize

• Excellent organizational and time management skills.

• Excellent research skills including experience with online search tools, such as but not limited to KYC, Cognos.

• Advanced proficiency in Microsoft Word, Excel, Access, and Outlook.

• Strong attention to detail and follow-up skills.

• Strong writing, analytical and communications skills. Must be able to multitask and complete projects on time.

• Ability to understand and draw conclusions from research conducted.

• Should be a self-starter, and organized, and must have the ability to work independently, without supervision.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.