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Fraud Analyst

Company: First Bank and Trust
Location: Decatur
Posted on: June 10, 2021

Job Description:

FirstBank Lubbock Bancshares began with the vision of one man, Barry Orr, and a promise. Barry promised his wife and friends that he would start a bank that would become profitable through relationships, hard work and determination. "It is our goal to be the BEST community bank in the Lubbock area," states Barry Orr, Chairman & CEO. "We knew we could help build a better Lubbock by serving the needs of customers our way."

The Fraud Analyst independently reviews and investigates suspected fraudulent activity at Heartland and its member banks. This position will use various monitoring systems and reports to identify suspected fraudulent or suspicious activity. The role will research fraudulent and suspicious activity and take appropriate measures to validate transactions and prevent a loss. All confirmed fraudulent activity will be referred to the Fraud Investigator. In addition, any suspicious activity will be referred to the Financial Intelligence Unit.


  1. Monitors various fraud monitoring software for fraud alerts.

  2. Reviews daily and periodic fraud reports.

  3. Interacts with member banks and customers to verify suspected fraudulent activity.

  4. Refers confirmed fraudulent activity to the Fraud Investigator for further review.

  5. Identifies and reports increase in fraud trends to the Fraud Program Manager.

  6. Acts as a backup to the BSA/AML Analysts.

  7. Provides member banks and departments guidance on fraud related issues.

  8. Maintains a high level of confidentiality when compiling investigative information and escalating issues.

  9. Maintains compliance with applicable rules and regulations related to money laundering and other company policies and procedures.

  10. Completes annual e-learning plan, attends external fraud training, and maintains knowledge of current and emerging fraud trends within the financial industry.


  1. Bachelor's Degree in related field - Business, Accounting, or Criminal Justice.

  2. 3-5 years of banking experience.

  3. 1-3 years experience in BSA/AML, fraud investigations or related activity.

  4. Knowledge of Bank Secrecy Act compliance, and various fraud and money laundering


  1. Experience with AML/Fraud systems, preferred.

  2. Ability to maintain the highest level of confidentiality.

  3. Ability to work remotely with supervision high level of independence.

  4. Strong organizational, analytical, and critical thinking skills.

  5. Ability to meet deadlines and prioritize deliverables.

  6. Strong customer service skills.

  7. Proficiency using Microsoft Office.


Certified Fraud Examiner (CFE) or Certified AML & Fraud Professional (CAFP), preferred

Scheduled Weekly Hours:


Time Type:

Full time

Keywords: First Bank and Trust, Decatur , Fraud Analyst, Other , Decatur, Illinois

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