Fraud Analyst I

We are looking for a detail-oriented Fraud Analyst to support fraud detection and case review activities for banking transactions in New Jersey. This Long-term Contract position is ideal for someone who can evaluate suspicious activity, research account behavior, and make sound recommendations based on findings. The role requires strong analytical judgment, clear internal communication, and consistent documentation practices in a fast-paced banking environment.

Responsibilities:

• Assess fraud alerts and determine appropriate actions to reduce potential financial exposure.
• Investigate suspicious transactions by reviewing account history, customer activity patterns, and available banking system data.
• Collaborate with branch teams and internal departments to gather context and clarify unusual account behavior when needed.
• Make informed pay or no-pay determinations based on the details uncovered during alert reviews.
• Communicate case outcomes and recommended actions to relevant internal stakeholders in a timely manner.
• Maintain accurate case files while following documentation, storage, and record retention requirements.
• Support team knowledge sharing by assisting with training for colleagues when requested.
• Complete additional fraud operations tasks and related assignments as directed by management.
• High school diploma or equivalent required.
• 0-3 years of experience in fraud analysis, banking operations, or a related field.
• Strong investigative and analytical abilities with the capacity to evaluate transactional activity effectively.
• Solid organizational skills with the ability to manage multiple alerts and deadlines efficiently.
• Comfortable using computer applications and banking systems to perform research and document findings.
• Effective written and verbal communication skills for working with branches and internal business partners.
• Ability to maintain accurate records and follow established documentation and retention standards.