Fraud Specialist Jobs
A Fraud Specialist is a professional who plays a pivotal role in detecting and preventing fraudulent activities within the banking industry. This includes analyzing transactions, identifying suspicious activity, and conducting investigations to minimize financial losses caused by fraud. They often work closely with law enforcement and other relevant authorities to resolve fraud cases, and may also be involved in improving or developing fraud detection and prevention systems. They play a key role in maintaining a bank's reputation and customer trust by ensuring the safety and security of financial information.
To be effective in their role, a Fraud Specialist should possess strong analytical and problem-solving skills, excellent communication abilities, and a keen eye for detail. They should be familiar with banking laws and regulations, and proficient in using banking software and technologies. Certifications such as the Certified Fraud Examiner (CFE) or Certified Financial Services Security Professional (CFSSP) can also be beneficial. Prior to becoming a Fraud Specialist, individuals might have experience in roles such as a Bank Teller, Fraud Analyst, or Risk Analyst, where they gain relevant skills and knowledge in detecting and preventing fraudulent activities.
Investigates possible fraudulent activity that has been detected through the fraud detection software, the banks core system, and business units of the bank....
JOB REQUIREMENTS: Bachelors Degree 5 years law enforcement experience (local, state, or federal) or 3 health care fraud investigative experience....
Knowledge of fraud prevention methodologies, tools, and technologies....
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
Fraud Specialist Dallas, TX, United States (Hybrid) JOB DESCRIPTION The Fraud Specialist is responsible for reviewing fraud reports and internal notifications to identify fraudulent or suspicious activity...
Submit documentation to MasterCard for merchant disputes and outsourced fraud investigations.7. Issue member credits at appropriate time intervals based on regulatory requirements.8....
If you are motivated and believe in the credit union philosophy of "People Helping People," join our team! Responsibilities: 50% Perform investigations involving moderately complex fraud claims....
Experience equivalent to 3 years in fraud investigations and processing....
investigations....
Educates credit union employees to identify and respond to potential fraud trends and situations Work as a liaison with law enforcement agencies in conducting fraud investigations to file police reports...
crime patterns....
equivalent Three years of experience in fraud investigations, risk management, help desk, business analysis, or related fields, including experience with different fraud types and working with fraud...
Wage Range: Min: $20.49, Mid: $24.63, Max: $28.76 A Brief Overview Fraud Prevention Analyst analyze fraud prevention data, identify potentially fraudulent situations, and proceed with the appropriate...
FRAUD DETECTION SPECIALIST I WHAT IS THE OPPORTUNITY?...
In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines...
Fraud Specialist Online Courses and Training Opportunities
Salary for Fraud Specialist Jobs Nationwide
Required or preferred licenses and certifications for Fraud Specialist positions.
Highest Education Level
Fraud Specialists offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Fraud Specialist position
- Interviewing
- Report Writing
- Law Enforcement
- Surveillance
- Criminal Investigations
- Discretion
- Inbound
- Corporate Security
- Criminal Justice
- Retail Banking
- Commercial Banking
- BSA
- Automated Clearing House
- Private Banking
- OFAC
- Wire Transfers
- Wealth Management
- Financial Services
- Anti-Money Laundering
- Investment Banking
- Internal Control
- Fraud Investigation
- Payment Processing
- Due Diligence
- Loss Prevention
- Resolution
- Business Administration
- Referrals
- Tableau
- Risk Management
- Finance
- General Office Duties
- Accounting
- Analytical Skills
- Retail
- Prioritizing
- Written Communication
- Investigation
- Auditing
- Microsoft Outlook
- Documentation
- Data Analysis
- Reporting
- Filing
- Regulations
- Microsoft PowerPoint
- Multitasking
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Microsoft Word
- Time Management
- Organization
- Customer Service
- Research Skills
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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