Fraud Analyst (Remote)

Fraud Analyst

Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc., is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $9.7 billion in assets and operates 45 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services, including small-ticket equipment leasing solutions, and is one of the top U.S. Small Business Administration (SBA) lenders according to the national SBA rankings by volume FY2024. Byline Bank is a member of FDIC and an Equal Housing Lender. At Byline Bank, we take pride in being an award-winning workplace.

Objective of Position : The Fraud Analyst is responsible for helping all Byline Staff in order to safeguard the Bank and its customers against fraud. Investigates fraudulent / illegal activities perpetrated by customers or employees. Help designs and implements programs to prevent such activities and to recover any incurred losses. May work with external local, state, and federal authorities as well as internal teams with matters relating to fraudulent / illegal activities.

Duties and Responsibilities :

• Help reviews case management software, alerts and investigate alerts as required.
• Performs independent analysis for cases involving suspicious activity including, but not limited to, elder financial abuse, check kiting, and counterfeit checks.
• Completes and assists with Suspicious Activity Reports (SARs) and Suspicious Activity Investigation Reports (SAIRs).
• Investigate fraud or Whistleblower issues.
• Facilitates and performs periodic (90 Day) SAR follow-up reviews.
• Assists Bank staff with instances of identified fraud.
• Help reviews and maintains Red Flag cases and Concern Reports.
• Proactively identifies instances of potential fraud and abuse.
• Maintains a solid working knowledge of current fraud trends.
• Attends fraud training sessions and networks with industry groups.
• All other duties as assigned.

Note : Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Qualifications :

Physical Demands / Work Environment : Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination enabling the use of office equipment. Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices. At Byline Bank, we value work-life flexibility and support a hybrid work environment for this position. This role allows for a combination of remote and in-office work, with occasional visits to the office based on business needs. Specific in-office days may vary and will be discussed during the interview process.

Compensation & Benefits : Byline Bank offers competitive industry rate salary bands with the goal of retaining and growing talented individuals. We regularly review and adjust our compensation structure as needed to ensure equity across teams and levels. The salary range for this position is between $52,000 to $64,000. In addition, Byline provides benefits including medical coverage, dental, vision, disability, 401k, paid time off and much more! The actual compensation package may vary based on factors such as skill set, experience level, and candidate's location.

Additional Information : Byline Bank is an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, respected, and valued. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and / or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics.

Byline Bank is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please contact us directly at 773-475-2900, Option #2.