Fraud Prevention Associate jobs in Kentucky

As a BSA & Fraud Prevention Administrator, you are responsible for managing and monitoring ongoing performance within the Bank’s automated surveillance system, measuring and reporting risk associated with financial crime, and managing complex case investigations.

Responsibilities

Daily responsibilities include, but are not limited to, the following:

• Administers the AML/CFT and Fraud workflows within the case management system, ensuring parameters and thresholds are appropriate and tested at regular intervals
• Administers the Risk Identification workflows within the case management system, ensuring alerting and profile updates are made accordingly, and performs scheduled testing and tuning of statistical thresholds as needed
• Monitors for and communicates vendor generated updates and changes to impacted areas as needed; works with Compliance Training Officer to ensure procedures are updated and communicated to incorporate generated changes to workflows
• Manages high risk or complex cases and coordinates with the BSA & Fraud Prevention Officer for final reporting
• Assists the BSA & Fraud Prevention Officer with responses to external requests for information
• Assists the BSA & Fraud Prevention Officer regarding Financial Crime issues, inquiries, and system administration as needed.
• Assists the BSA & Fraud Prevention Officer in completing Risk Assessments related to AML/CFT and Fraud as needed.
• Conducts special projects as the need arises.
• Conducts other BSA/AML/Fraud related reviews as required.

Job Requirements

The successful candidate will have the following qualifications:

• High School Diploma or GED Equivalent
• College Degree preferred

• Minimum 5 years of banking experience in a BSA or Fraud related role

• Minimum 3 years of current BSA/AML/Fraud monitoring and investigation experience required

• Prior experience utilizing Verafin and Fiserv platforms strongly desired

• Exceptional knowledge of Bank Secrecy Act and related regulations governing banking.

• High degree of accuracy and attention to detail

• Ability to function in a multi-task environment.

• Capability to communicate and collaborate within the BSA and Fraud Prevention team as well as with Business Unit partners

• Strong critical thinking skills

• Strong planning and organizational skills; must demonstrate good analytical and problem solving skills in an ever changing environment.

• Strong PC skills (Excel and Word)

• Ability to define problems and propose solutions

• Ability to work independently with limited direction from supervisor

• Ability to navigate/administer AML software and its related functions

• Ability to assist the BSA & Fraud Prevention Officer with system enhancements, optimizations, calibrations

• CAMS, CBAP, CFE, or CAFP preferred.

Benefits

• 401(k) with a company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer / Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Health Savings Accounts
• Bank paid Life / AD& D insurance
• Voluntary Life / AD&D insurance
• Bank paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program

Physical Requirements

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position requires sitting the majority of the time with limited walking and standing. All work occurs indoors and within regular working hours. The noise level in the work environment is usually moderate.