Fraud Analyst
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Job Location:
Monthly Salary:
Posted on:
9 hours ago
Vacancies:
1 Vacancy
Job Summary
Current Employees of LendingClub: Please apply via your internal Workday Account
LendingClub Corporation (NYSE: LC) is the parent company of LendingClub Bank National Association Member FDIC. We are the leading digital marketplace bank in the U.S. having helped our nearly 5 million members secure over $90 billion in loans to refinance high-cost debt and achieve their financial goals. Members today have mobile-first access to a growing range of products and services designed to work seamlessly together to deliver value in new ways. Everyone deserves a better financial future and our team is committed to making that a reality. Join the Club!
About the Role
Reporting to the Sr Director Purchase Finance & Deposit Fraud Operations the Purchase Finance Fraud Analyst will provide fraud mitigation support through the utilization of analytic tools for fraudulent trend recognition identifying and preventing potential fraud on customer applications and providers. The Fraud Analyst should work closely with the Manager of Fraud to detect and mitigate new fraud trends while aligning with outside departments to optimize the fraud controls and communication in place. The analyst will act as a liaison and primary point of contact to law enforcement and other FIs for investigations and inquiries. The utilization of data & trend identification techniques will be key in decision-making aspects of the position.What Youll Do
- Perform manual reviews and analysis of new account applications and existing customer/provider accounts identifying and preventing potential fraud
- Perform alert triage via the Banks Fraud Detection software(s) utilizing risk scores and trend analysis in the decisioning of alerts. Manage case management for large scale fraud cases
- Assist Leadership in ongoing identification of high-risk behaviors of the current customer and provider base
- Assist in the implementation of mitigation strategies (whether technical or procedural) to curb new fraud trends and patterns
- Work closely with Customer Service Operations and Compliance teams to optimize policies and controls to improve monitoring and due diligence of transactions consumers and providers
- Communicate and collaborate between law enforcement government agencies and financial institutions to prevent fraud related losses as well as provide criminal action or collections of any account causing the Bank a loss
- Work closely with other departments in the identification management and communication of fraud and ID Theft cases
- Assist with various fraud related duties as needed by the Data Office
- Perform back-office functions related to research and resolution of fraudulent activity and applicable reporting
- Support in ongoing bank audits and risk assessments as applicable
About You
- Bachelors degree in related field; or equivalent job experience
- 2 years prior banking experience preferably in an investigative and analytical role or exposed to fraud-related behavior in the Consumer and Business segments
- Knowledge of third-party online fraud analytic tools such as Verafin and/or Alloy
- Proficiency in online and internal application research across applicable systems
- Proficiency in reporting and analytical tools utilized by the Banks fraud team and Data Office
Work Location
Lehi
We are currently working a hybrid schedule and our teams are in-office Tuesdays Wednesdays and Thursdays.
Time Zone Requirements
Primarily MT
#LI-Hybrid
#LI-SS1
LendingClub is an equal opportunity employer and dedicated to diversity equity and inclusion in the workplace. We do not discriminate on the basis of race religion color national origin sex (including pregnancy childbirth reproductive health decisions or related medical conditions) gender gender identity gender expression sexual orientation age marital status veteran status disability status political views or activity or other applicable legally protected characteristics. We believe that a variety of perspectives will make our teams and business stronger as we work together to transform the traditional banking system.
We are committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you need assistance or an accommodation due to a disability please contact us at
Required Experience:
IC
Key Skills
- Microsoft Office
- Risk Management
- Financial Services
- Customer Service
- Fraud
- Root cause Analysis
- Law Enforcement
- Banking
- Analysis Skills
- Authentication
- Qualitative Research Interviewing
- ACH
