Fraud Quality Control Analyst

Cottonwood Heights, UT - USA

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

The role:

The Fraud Quality Control Analyst provides oversight of the work completed by both SoFi Fraud Operations staff and/ or outsourced items with third-party vendors to ensure we are in compliance with state and federal laws and regulations and SoFis policies and procedures. The Fraud QC Analyst serves as a Subject Matter Expert and will proactively support SoFis Fraud Operation divisions in its QC function by conducting evaluations of Unusual ACtivity Reports for PL banking invest and credit card products.

What youll do:

Review Unusual Activity Report submissions to ensure that the Unusual Activity Report meets regulatory standards is well-written and provides a clear summary of money movement and account activity.
Keep informed of current Fraud and Risk policies
As necessary diagnose correct and document issues risks and problems using Quality Conrol (QC) practices
Build effective relationships with internal/external stakeholders and ensure alignment between stakeholders
Identify coaching insights and opportunities. Provide information to management regarding opportunities for coaching and training of employees to improve the handling of calls/alerts
Escalate high-risk issues behaviors or trends to management for corrective/remedial action as required
Provide recommendations to improve the effectiveness of the fraud review process while maintaining cost-effectiveness
Follow up with the business unit to ensure corrective actions are executed timely.
Prioritize competing responsibilities based on workload and demands
Maintain an awareness of and act in accordance with team goals and business unit policies
Perform ad hoc duties as assigned

What youll need:

Must have 2-3 years of previous Fraud Investigations experience in a financial services environment in multiple products (checking/savings lending credit card etc.)
Must have a strong understanding of the Bank Secrecy Act and SAR process
Self-motivated and able to work independently applying analytical skills required to manage reviewing tasks
Strong written communication skills are required to answer questions and communicate issues clearly & concisely to associates customers as well as management
Ability to multitask and manage competing priorities
Must be detail-oriented with an ability to work in a fast-paced environment
Proficient with Microsoft Office Suite (Word Excel PowerPoint)
Decision-making skills (experience making decisions uncovering needs)
Ability to react to change quickly and implement new processes & procedures

Required Experience:

The role:The Fraud Quality Control Analyst provides oversight of the work completed by both SoFi Fraud Operations staff and/ or outsourced items with third-party vendors to ensure we are in compliance with state and federal laws and regulations and SoFis policies and procedures. The Fraud QC Analyst...

The role:

What youll do:

Review Unusual Activity Report submissions to ensure that the Unusual Activity Report meets regulatory standards is well-written and provides a clear summary of money movement and account activity.
Keep informed of current Fraud and Risk policies
As necessary diagnose correct and document issues risks and problems using Quality Conrol (QC) practices
Build effective relationships with internal/external stakeholders and ensure alignment between stakeholders
Identify coaching insights and opportunities. Provide information to management regarding opportunities for coaching and training of employees to improve the handling of calls/alerts
Escalate high-risk issues behaviors or trends to management for corrective/remedial action as required
Provide recommendations to improve the effectiveness of the fraud review process while maintaining cost-effectiveness
Follow up with the business unit to ensure corrective actions are executed timely.
Prioritize competing responsibilities based on workload and demands
Maintain an awareness of and act in accordance with team goals and business unit policies
Perform ad hoc duties as assigned

What youll need:

Must have 2-3 years of previous Fraud Investigations experience in a financial services environment in multiple products (checking/savings lending credit card etc.)
Must have a strong understanding of the Bank Secrecy Act and SAR process
Self-motivated and able to work independently applying analytical skills required to manage reviewing tasks
Strong written communication skills are required to answer questions and communicate issues clearly & concisely to associates customers as well as management
Ability to multitask and manage competing priorities
Must be detail-oriented with an ability to work in a fast-paced environment
Proficient with Microsoft Office Suite (Word Excel PowerPoint)
Decision-making skills (experience making decisions uncovering needs)
Ability to react to change quickly and implement new processes & procedures