YOUR Why

The Fraud Specialist plays a crucial role in protecting our client and their customers by leading fraud prevention, detection, and investigation efforts. This position develops and executes fraud mitigation strategies, oversees investigations into suspicious activity, and ensures monitoring systems operate effectively and in compliance with regulatory requirements. With strong analytical and investigative skills, the Fraud Specialist identifies emerging risks, guides fraud awareness training, and drives proactive measures that safeguard the organization from financial loss.

How YOU Will Spend YOUR Days

• Develop and maintain fraud detection programs, policies, and procedures.

• Monitor real-time fraud detection systems and alerts across all banking channels (e.g., debit/credit cards, ACH, wire, mobile, and online banking).

• Investigate and analyze suspected fraudulent transactions and behaviors.

• Identify fraud trends and implement strategies to mitigate emerging threats.

• Manage end-to-end fraud investigations, including evidence collection, documentation, and resolution.

• Work with law enforcement and regulatory agencies (e.g., FinCEN, FBI) as needed.

• File Suspicious Activity Reports (SARs) when appropriate.

• Maintain accurate and comprehensive records of all fraud incidents and outcomes.

• Ensure compliance with relevant laws, regulations, and internal policies (e.g., BSA/AML, Reg E, OFAC).

• Perform regular fraud risk assessments across departments and processes.

• Coordinate with compliance and internal audit teams on fraud-related reviews.

• Supervise and mentor fraud analysts or fraud prevention staff.

• Provide training/guidance to bank personnel on fraud awareness and prevention practices.

• Promote a culture of ethical behavior and fraud risk awareness throughout the organization.

• Evaluate and manage fraud detection tools, software, and third-party service providers.

• Partner with IT and cybersecurity teams to enhance digital security and fraud detection capabilities.

• Recommend and implement system enhancements to improve fraud prevention.

What YOU Bring

• Bachelor’s degree in Finance, Accounting, Business, or related field is required.

• 3+ years specifically focused on transaction fraud investigation/analysis within the banking industry.

• Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS), and/or Certified Financial Crime Specialist (CFCS) is preferred.

• Proficient in fraud detection software, core banking systems, and Microsoft Office.

• Deep understanding of fraud typologies in banking (card fraud, wire fraud, synthetic ID, check fraud, etc.).

• Strong investigative and analytical skills with attention to detail.

• Knowledge of relevant laws and regulations: Reg E, Reg CC, BSA/AML, UDAAP, OFAC, etc.

• Hands-on experience with warranty claims, return submissions (check and ACH), and other ways to recoup funds from a fraudulent transaction is preferred.

• Excellent communication and interpersonal skills; able to work cross-functionally.

• Strong decision-making and risk assessment abilities.

• Experience mentoring and/or managing teams is highly desired.

Location: Hybrid (4 days per week onsite) in Denver, CO - local candidates only.

* Please note that for the first 3 months, you’ll need to be onsite 5 days per week for training and onboarding

Compensation: $60k - $85k per year

No third parties: no C2C or sponsorship available