FIU Fraud Detection Analyst (Remote hours: 11:30 AM - 8:30 PM EST)
About the position
The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions. We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here! The work hours for this position are Monday - Friday, 11:30 AM - 8:30 PM EST. SUMMARY/OBJECTIVES The FIU Analyst/Conduct will be responsible for assisting with FIU related functions such as analysis, investigation and disposition of alerts generated from the bank’s automated surveillance monitoring software, complete case investigations, and prepare SAR filings. Assist with various functions within the FIU department, such as case management, project implementation, and other tasks assigned by the bank’s Chief BSA Officer. ESSENTIAL FUNCTIONS Analyze internal accounts for fraudulent or suspicious activity through the use of various reports and alerts generated by the bank’s automated surveillance system. Conduct internal investigations and research in order to identify fraudulent or suspicious transactions based on evidence in order to mitigate reputational or financial risk and determine whether regulatory reporting is warranted. Interviewing witnesses/suspects and record interview notes. Perform forensic research using technology and bank systems including reviews of surveillance footage in order to determine root cause and quantifying risk/exposure. Process internal alerts by making a determination to clear or to escalate for further investigation based on an analysis of findings. Working with internal management and communicating any findings and recognizing opportunities for addressing improvements in systems, processes, or procedures to address areas of concern or vulnerabilities and mitigate risk. Working with the Bank’s InfoSec department to discover how frauds occur. Working with federal, state, and local law enforcement as necessary. Document all findings in a centralized case management system to ensure complete documentation is secured and maintained as required by law. Communicate with Bank personnel and management on CDD/EDD deficiencies detected during the account monitoring process. Maintain proficiency in all aspects of BSA/AML compliance and Fraud trends; attend FIU training as assigned by the Chief BSA Officer. Adhere to all provisions of SouthState Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures. Other duties and responsibilities may be assigned, according to the needs of the Bank.
Responsibilities
• Analyze internal accounts for fraudulent or suspicious activity through the use of various reports and alerts generated by the bank’s automated surveillance system.
• Conduct internal investigations and research in order to identify fraudulent or suspicious transactions based on evidence in order to mitigate reputational or financial risk and determine whether regulatory reporting is warranted.
• Interviewing witnesses/suspects and record interview notes.
• Perform forensic research using technology and bank systems including reviews of surveillance footage in order to determine root cause and quantifying risk/exposure.
• Process internal alerts by making a determination to clear or to escalate for further investigation based on an analysis of findings.
• Working with internal management and communicating any findings and recognizing opportunities for addressing improvements in systems, processes, or procedures to address areas of concern or vulnerabilities and mitigate risk.
• Working with the Bank’s InfoSec department to discover how frauds occur.
• Working with federal, state, and local law enforcement as necessary.
• Document all findings in a centralized case management system to ensure complete documentation is secured and maintained as required by law.
• Communicate with Bank personnel and management on CDD/EDD deficiencies detected during the account monitoring process.
• Maintain proficiency in all aspects of BSA/AML compliance and Fraud trends; attend FIU training as assigned by the Chief BSA Officer.
• Adhere to all provisions of SouthState Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures.
• Other duties and responsibilities may be assigned, according to the needs of the Bank.
• Accepts other duties as assigned.
Requirements
• Strong research and problem resolution skills.
• Customer service and ability to work with all levels of employees.
• Education: Bachelor’s Degree Preferred
• Certifications: CAMS (Certified Anti-Money Laundering Specialist) and/or CAFP (Certified AML and Fraud Professional) required or willingness to obtain within two years.
• Experience: Minimum 5 years advanced experience in a Fraud and/or BSA/AML related position in a financial institution.
• Must have significant experience with completing suspicious activity reports.
• Knowledge: Ability to interface with all business lines and legal entities and people of varying level, title and knowledge
• Excellent oral and written communication skills
• Must be detail oriented and proficient with PC work, including Microsoft Outlook, Word, Excel, PowerPoint, and other varying software if/as needed.
Apply Now
Apply Now
The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions. We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here! The work hours for this position are Monday - Friday, 11:30 AM - 8:30 PM EST. SUMMARY/OBJECTIVES The FIU Analyst/Conduct will be responsible for assisting with FIU related functions such as analysis, investigation and disposition of alerts generated from the bank’s automated surveillance monitoring software, complete case investigations, and prepare SAR filings. Assist with various functions within the FIU department, such as case management, project implementation, and other tasks assigned by the bank’s Chief BSA Officer. ESSENTIAL FUNCTIONS Analyze internal accounts for fraudulent or suspicious activity through the use of various reports and alerts generated by the bank’s automated surveillance system. Conduct internal investigations and research in order to identify fraudulent or suspicious transactions based on evidence in order to mitigate reputational or financial risk and determine whether regulatory reporting is warranted. Interviewing witnesses/suspects and record interview notes. Perform forensic research using technology and bank systems including reviews of surveillance footage in order to determine root cause and quantifying risk/exposure. Process internal alerts by making a determination to clear or to escalate for further investigation based on an analysis of findings. Working with internal management and communicating any findings and recognizing opportunities for addressing improvements in systems, processes, or procedures to address areas of concern or vulnerabilities and mitigate risk. Working with the Bank’s InfoSec department to discover how frauds occur. Working with federal, state, and local law enforcement as necessary. Document all findings in a centralized case management system to ensure complete documentation is secured and maintained as required by law. Communicate with Bank personnel and management on CDD/EDD deficiencies detected during the account monitoring process. Maintain proficiency in all aspects of BSA/AML compliance and Fraud trends; attend FIU training as assigned by the Chief BSA Officer. Adhere to all provisions of SouthState Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures. Other duties and responsibilities may be assigned, according to the needs of the Bank.
Responsibilities
• Analyze internal accounts for fraudulent or suspicious activity through the use of various reports and alerts generated by the bank’s automated surveillance system.
• Conduct internal investigations and research in order to identify fraudulent or suspicious transactions based on evidence in order to mitigate reputational or financial risk and determine whether regulatory reporting is warranted.
• Interviewing witnesses/suspects and record interview notes.
• Perform forensic research using technology and bank systems including reviews of surveillance footage in order to determine root cause and quantifying risk/exposure.
• Process internal alerts by making a determination to clear or to escalate for further investigation based on an analysis of findings.
• Working with internal management and communicating any findings and recognizing opportunities for addressing improvements in systems, processes, or procedures to address areas of concern or vulnerabilities and mitigate risk.
• Working with the Bank’s InfoSec department to discover how frauds occur.
• Working with federal, state, and local law enforcement as necessary.
• Document all findings in a centralized case management system to ensure complete documentation is secured and maintained as required by law.
• Communicate with Bank personnel and management on CDD/EDD deficiencies detected during the account monitoring process.
• Maintain proficiency in all aspects of BSA/AML compliance and Fraud trends; attend FIU training as assigned by the Chief BSA Officer.
• Adhere to all provisions of SouthState Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures.
• Other duties and responsibilities may be assigned, according to the needs of the Bank.
• Accepts other duties as assigned.
Requirements
• Strong research and problem resolution skills.
• Customer service and ability to work with all levels of employees.
• Education: Bachelor’s Degree Preferred
• Certifications: CAMS (Certified Anti-Money Laundering Specialist) and/or CAFP (Certified AML and Fraud Professional) required or willingness to obtain within two years.
• Experience: Minimum 5 years advanced experience in a Fraud and/or BSA/AML related position in a financial institution.
• Must have significant experience with completing suspicious activity reports.
• Knowledge: Ability to interface with all business lines and legal entities and people of varying level, title and knowledge
• Excellent oral and written communication skills
• Must be detail oriented and proficient with PC work, including Microsoft Outlook, Word, Excel, PowerPoint, and other varying software if/as needed.
Apply Now
Apply Now