Fraud Analyst

Job Description

Investigate, resolve and monitor the bank's Anti-Fraud Program, including the bank's cash management platform, and provides critical support to customers by managing all customer check / wire / Automated Clearing House (ACH) fraud cases from initial detection through ultimate resolution (recovery or denial). Ensures that customer check / wire / ACH fraud case files are complete, organized and well-documented, and that all activities performed are recorded. Supports internal CoBank notifications and customer and association communications, and if appropriate, assists in the preparation of regulatory reports. Conducts daily review and analysis of fraud monitoring systems' output and monthly analysis of fraud data.

Essential Functions

• Monitors continuous fraudulent activity for established fraud cases in order to file regulatory reports.
• Manages relationship between claimants and CoBank on ongoing fraud recovery cases through resolution.
• Tracks and coordinates customer-related fraud cases from confirmation of fraud to resolution of claim.
• Sends confirmed CoBank / Agriculture Credit Association (ACA) Fraud Case Notifications to relationship managers, management and executives as applicable, providing information and regular updates.
• Receives and processes recovery from counterparty banks for fraud cases.
• Performs continuous follow-up activates on recovery cases with counterparty banks.
• Monitors and tracks all open fraud cases, and coordinates communications, documentation and internal distribution of Fraud Cases Summary Report.
• Analyzes transaction returns to identify and record fraudulent items.

Education

Work Experience

Physical Exertion Details

Sedentary Exerting up to 10 pounds of force occasionally (Occasionally : activity or condition exists up to 1 / 3 of the time) and / or a negligible amount of force frequently (Frequently : activity or condition exists from 1 / 3 to 2 / 3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Travel Requirement Details

Occasional Travel occurs infrequently (typically, once a month or less).

About CoBank

The typical base pay range for this role is between $61,300 - $70,100. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.