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CIBC US · 23 hours ago

Analyst, Check Fraud Investigation

Chicago, IL

Full-time

Hybrid

Entry, Mid Level

$60K/yr - $75K/yr

2+ years exp

CIBC US is building a relationship-oriented bank for the modern world, seeking talented professionals dedicated to client service. The Fraud Analyst role focuses on identifying check fraud and kiting behavior, conducting research and analysis of account activity, and ensuring the security of customer accounts while resolving fraud-related inquiries.

BankingFinancial Services

No H1B

Responsibilities

The Fraud Analyst will report to the Fraud Operations Manager of the Fraud Management US Region

This role is focused on identifying check fraud and kiting behavior

The Fraud Analyst is responsible for completing moderate to complex research and analysis of account activity to assess levels of risk and fraud type, making a fraud determination

The Fraud Analyst will take appropriate action to resolve fraud related inquiries in a multi-faceted, fast paced and dynamic environment, while ensuring the security of the customer’s accounts and the banks risk tolerance

Demonstrates a strong understanding of fraudulent behaviors and effectively identifies suspicious activities

Experienced with industry-standard fraud detection tools and software applications

Proficient in recognizing key indicators and warning signs associated with check fraud

Extensive experience in detecting check fraud and uncovering kiting schemes

Monitor alert-based systems for potential fraudulent activity

Collaborate with various Operations functions to ensure all escalated fraud incidents where a filing obligation may exist have been properly escalated

Assist in identifying and reporting suspicious activity trends to the Lines of Business in order to mitigate future Bank or client losses

Demonstrates a strong sense of urgency and is able to work in a fast-paced, ever-changing environment with a strong focus on risk mitigation and client experience

Has strong analytical and organizational skills and demonstrates the ability to solve complex problems by reviewing related information

Will follow established processes and guidelines in daily activities to do what is right for clients and the bank, adhering to all applicable laws and regulations

Remains positive and focused during times of pressure or adversity

Make timely, fact-based decisions and can act decisively when required

Excellent time management and prioritization skills

Detailed understanding of Fraud operations

Experience working in a team environment

Self-motivated and goal-oriented

Excellent verbal and written communication skills

Highly adaptable during periods of change

Ability to learn and adapt to new information and technology platforms

Qualification

Fraud detection toolsCheck fraud detectionAnalytical skillsRisk managementAdvanced ExcelCommunication skillsTeam collaborationTime managementProblem-solvingAdaptability

Required