Has strong analytical and organizational skills and demonstrates the ability to solve complex ... Credit Risk Skills: * Customer and Client Focus * Data Collection and Entry * Due Diligence * Issue ...
Has strong analytical and organizational skills and demonstrates the ability to solve complex ... Credit Risk Skills: * Customer and Client Focus * Data Collection and Entry * Due Diligence * Issue ...
Wealth Management Fraud & Claims - Sr. Fraud Analyst
$24.04 - $31.25/hr
Has strong analytical and organizational skills and demonstrates the ability to solve complex ... Credit Risk Skills: * Customer and Client Focus * Data Collection and Entry * Due Diligence * Issue ...
Wealth Management Fraud & Claims - Sr. Fraud Analyst
$24.04 - $31.25/hr
Has strong analytical and organizational skills and demonstrates the ability to solve complex ... Credit Risk Skills: * Customer and Client Focus * Data Collection and Entry * Due Diligence * Issue ...
Market & Credit Risk Analyst Lead
Folsom, NJ · On-site
$97K - $156K/yr
Position Summary The Credit & Market Risk Analyst is responsible for analyzing and managing credit and market risk exposures, with primary focus on credit risk and a secondary focus on market risk.
Market & Credit Risk Analyst Lead
Folsom, NJ · On-site
$97K - $156K/yr
Position Summary The Credit & Market Risk Analyst is responsible for analyzing and managing credit and market risk exposures, with primary focus on credit risk and a secondary focus on market risk.
Market & Credit Risk Analyst Lead
$97K - $156K/yr
Position Summary The Credit & Market Risk Analyst is responsible for analyzing and managing credit and market risk exposures, with primary focus on credit risk and a secondary focus on market risk.
Market & Credit Risk Analyst Lead
$97K - $156K/yr
Position Summary The Credit & Market Risk Analyst is responsible for analyzing and managing credit and market risk exposures, with primary focus on credit risk and a secondary focus on market risk.
Wealth Management Fraud & Claims - Sr. Fraud Analyst
$24.04 - $31.25/hr
Has strong analytical and organizational skills and demonstrates the ability to solve complex ... Credit Risk Skills: * Customer and Client Focus * Data Collection and Entry * Due Diligence * Issue ...
Wealth Management Fraud & Claims - Sr. Fraud Analyst
$24.04 - $31.25/hr
Has strong analytical and organizational skills and demonstrates the ability to solve complex ... Credit Risk Skills: * Customer and Client Focus * Data Collection and Entry * Due Diligence * Issue ...
Vice President, Credit Risk
Warren, NJ · On-site
Deliver regular reporting and insightful analysis to executive leadership and risk committees. Underwriting Credit Risk * Provide oversight and independent challenge of underwriting-related credit ...
Vice President, Credit Risk
Warren, NJ · On-site
Deliver regular reporting and insightful analysis to executive leadership and risk committees. Underwriting Credit Risk * Provide oversight and independent challenge of underwriting-related credit ...
Vice President, Credit Risk
Warren, NJ · On-site
Deliver regular reporting and insightful analysis to executive leadership and risk committees. Underwriting Credit Risk * Provide oversight and independent challenge of underwriting-related credit ...
Vice President, Credit Risk
Warren, NJ · On-site
Deliver regular reporting and insightful analysis to executive leadership and risk committees. Underwriting Credit Risk * Provide oversight and independent challenge of underwriting-related credit ...
AVP, Credit Risk Reporting
Whippany, NJ · On-site
Analysis of risk data to identify trends, patterns, and outliers, and assess the impact of risk ... Barclays Services Corp. seeks AVP, Credit Risk Reporting (multiple positions) in Whippany, NJ:
AVP, Credit Risk Reporting
Whippany, NJ · On-site
Analysis of risk data to identify trends, patterns, and outliers, and assess the impact of risk ... Barclays Services Corp. seeks AVP, Credit Risk Reporting (multiple positions) in Whippany, NJ:
NJ · Hybrid
$195K/yr
Perform data clean up and analysis. * Resolve data integrity/upstream booking and data issues that ... Contribute to development of Credit Risk Reporting's management practices (e.g. Engage stakeholders ...
NJ · On-site
$188.18 - $195/hr
Perform data clean up and analysis. * Resolve data integrity/upstream booking and data issues that ... Contribute to development of Credit Risk Reporting's management practices (e.g. Engage stakeholders ...
... Fraud Analyst to support our prospective client within the United States Attorney's Office ... Utilize standard reference works, financial publications, reporting services, and credit agencies ...
... Fraud Analyst to support our prospective client within the United States Attorney's Office ... Utilize standard reference works, financial publications, reporting services, and credit agencies ...
... Fraud Analyst to support our prospective client within the United States Attorney's Office ... Utilize standard reference works, financial publications, reporting services, and credit agencies ...
... Fraud Analyst to support our prospective client within the United States Attorney's Office ... Utilize standard reference works, financial publications, reporting services, and credit agencies ...
Credit Analyst
$99K - $163K/yr
Within the Business Insurance Credit Risk Management team at Travelers, credit analysts play a critical role in managing the credit risk exposure created by loss sensitive insurance programs. As a ...
Credit Analyst
$99K - $163K/yr
Within the Business Insurance Credit Risk Management team at Travelers, credit analysts play a critical role in managing the credit risk exposure created by loss sensitive insurance programs. As a ...
This role will support Emerging Risk Fraud Strategies primarily in Digital products; Zelle/Wires ... Analyze complex data to provide insights into incoming and loss trends or identify potential ...
This role will support Emerging Risk Fraud Strategies primarily in Digital products; Zelle/Wires ... Analyze complex data to provide insights into incoming and loss trends or identify potential ...
Credit Analyst
$99K - $163K/yr
Within the Business Insurance Credit Risk Management team at Travelers, credit analysts play a critical role in managing the credit risk exposure created by loss sensitive insurance programs. As a ...
Credit Analyst
$99K - $163K/yr
Within the Business Insurance Credit Risk Management team at Travelers, credit analysts play a critical role in managing the credit risk exposure created by loss sensitive insurance programs. As a ...
... Fraud Analyst to support our prospective client within the United States Attorney's Office ... Utilize standard reference works, financial publications, reporting services, and credit agencies ...
... Fraud Analyst to support our prospective client within the United States Attorney's Office ... Utilize standard reference works, financial publications, reporting services, and credit agencies ...
Job expectations include evaluating data to assess potential fraud risk and creating mitigation ... Credit, Debit, Digital, Call Center, etc.) * Bachelor's/Master's degree in a relevant field.
Job expectations include evaluating data to assess potential fraud risk and creating mitigation ... Credit, Debit, Digital, Call Center, etc.) * Bachelor's/Master's degree in a relevant field.
This role will support Emerging Risk Fraud Strategies primarily in Digital products; Zelle/Wires ... Analyze complex data to provide insights into incoming and loss trends or identify potential ...
This role will support Emerging Risk Fraud Strategies primarily in Digital products; Zelle/Wires ... Analyze complex data to provide insights into incoming and loss trends or identify potential ...
VP, Commercial Credit Risk
Fort Lee, NJ · On-site
Collaborate with credit risk analytics and data teams to validate scorecard performance, calibrate rating thresholds, and ensure alignment with regulatory expectations (FDIC guidance, Interagency ...
VP, Commercial Credit Risk
Fort Lee, NJ · On-site
Collaborate with credit risk analytics and data teams to validate scorecard performance, calibrate rating thresholds, and ensure alignment with regulatory expectations (FDIC guidance, Interagency ...
VP, Commercial Credit Risk
Edgewater, NJ · On-site
$200K - $225K/yr
Partner with risk analytics teams to validate model performance and ensure alignment with regulatory expectations. Portfolio Review & Risk Assessment Independently review annual credit reviews and ...
VP, Commercial Credit Risk
Edgewater, NJ · On-site
$200K - $225K/yr
Partner with risk analytics teams to validate model performance and ensure alignment with regulatory expectations. Portfolio Review & Risk Assessment Independently review annual credit reviews and ...
Credit Risk Fraud Analyst information
What does a credit risk fraud analyst do?
A Credit Risk Fraud Analyst is responsible for identifying, assessing, and mitigating risks related to credit fraud within financial institutions. They analyze transaction patterns, customer profiles, and credit data to detect suspicious activities or potential fraud. Their work involves using analytical tools and data models to monitor accounts, investigate anomalies, and recommend controls to prevent losses. By staying updated on emerging fraud trends, they help protect the company and its customers from financial crimes.
What are the key skills and qualifications needed to thrive as a credit risk fraud analyst?
To thrive as a Credit Risk Fraud Analyst, you need strong analytical skills, a background in finance or statistics, and a solid understanding of risk management principles. Familiarity with fraud detection software, data analysis tools like SQL or Python, and relevant certifications such as Certified Fraud Examiner (CFE) are typically required. Strong attention to detail, problem-solving abilities, and effective communication make candidates stand out in this role. These skills are crucial for accurately identifying fraudulent activities, minimizing losses, and maintaining the integrity of financial institutions.
How does a credit risk fraud analyst typically collaborate with other departments to minimize fraud losses?
Credit Risk Fraud Analysts work closely with teams such as IT, compliance, customer service, and operations to identify, investigate, and mitigate fraudulent activities. They regularly communicate findings from data analysis to these departments, ensuring that suspicious patterns are addressed promptly. Collaboration often includes participating in cross-functional meetings, sharing insights on emerging fraud trends, and helping to develop new prevention strategies. This teamwork is essential for creating a holistic approach to managing risk and protecting both the organization and its customers.
What is the difference between Credit Risk Fraud Analyst vs Credit Analyst?
| Aspect | Credit Risk Fraud Analyst | Credit Analyst |
|---|---|---|
| Primary Focus | Detecting and preventing fraud related to credit risk | Assessing creditworthiness of borrowers |
| Skills & Certifications | Fraud detection, risk assessment, certifications like CFE | Credit analysis, financial statement evaluation, certifications like CFA or CCFA |
| Work Environment | Financial institutions, fraud prevention teams | Banks, lending companies, credit departments |
| Industry Usage | High in fraud prevention and risk management | High in lending and credit approval processes |
While both roles involve credit assessment, the Credit Risk Fraud Analyst specializes in identifying and preventing fraudulent activities related to credit, whereas the Credit Analyst focuses on evaluating a borrower's creditworthiness to approve loans. Understanding these differences helps in choosing the right career path or job search focus.
What are popular job titles related to Credit Risk Fraud Analyst jobs in New Jersey?
For Credit Risk Fraud Analyst jobs in New Jersey, the most frequently searched job titles are:
What job categories do people searching Credit Risk Fraud Analyst jobs in New Jersey look for?
The top searched job categories for Credit Risk Fraud Analyst jobs in New Jersey are:
What cities in New Jersey are hiring for Credit Risk Fraud Analyst jobs?
Cities in New Jersey with the most Credit Risk Fraud Analyst job openings:
Full-time
PTO
Re-posted 27 days ago
Bank Of America rating
8.2
Based on 532 frontline employees who took The Breakroom Quiz
51st of 173 rated banks
Job description
Job Description:
Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance.
Merrill's Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America.
At Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas and experiences, helping to create a work community that is culture driven, resilient, results focused and effective.
Job Description:
This job is responsible for handling complex and escalated customer situations regarding possible fraudulent account activity. Key responsibilities include receiving inbound calls and takes appropriate action requiring accuracy on complex transactions. Job expectations include performing functions related to research and resolution of fraudulent activity, service support, and delivering practical, innovative solutions to clients while focusing on retention and re-establishing client confidence.
Wealth Management Fraud & Claims associates will handle inbound calls from clients, branch offices, banking centers, and various internal associates. They will also be responsible for the claim initiation and status updates of various fraud and billing disputes, on our clients' bank accounts. Associates will handle a wide variety of claim types including but not limited to: credit card, debit card, ATM, check fraud, ACH, and online wire transfers for wealth banking products.
Responsibilities:
Required Qualifications:
Desired Qualifications:
Skills:
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NJ - Pennington - 1400 American Blvd - Princeton Place At Hopewell Bldg. 4 (NJ2140)
Pay and benefits information
Pay range
$24.04 - $31.25 hourly pay, offers to be determined based on experience, education and skill set.
Predictable pay
This role is compensated with a base salary and is not incentive eligible.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance.
Merrill's Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America.
At Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas and experiences, helping to create a work community that is culture driven, resilient, results focused and effective.
Job Description:
This job is responsible for handling complex and escalated customer situations regarding possible fraudulent account activity. Key responsibilities include receiving inbound calls and takes appropriate action requiring accuracy on complex transactions. Job expectations include performing functions related to research and resolution of fraudulent activity, service support, and delivering practical, innovative solutions to clients while focusing on retention and re-establishing client confidence.
Wealth Management Fraud & Claims associates will handle inbound calls from clients, branch offices, banking centers, and various internal associates. They will also be responsible for the claim initiation and status updates of various fraud and billing disputes, on our clients' bank accounts. Associates will handle a wide variety of claim types including but not limited to: credit card, debit card, ATM, check fraud, ACH, and online wire transfers for wealth banking products.
Responsibilities:
- Services banking products with high-risk activity to maximize approval of legitimate transactions, minimize client impact at the point of sale, identify fraudulent activity and restrict account activity
- Assists Fraud Strategy partners with development of new tactics by facilitating controlled tests and simulations within the production environment
- Tests existing customer facing capabilities (credit, debit, transactions, deposit activity, and online activities) for unknown vulnerabilities resulting in potential fraudulent exploitation and unplanned loss
- Participates in triage related to Executive Escalations & Incident Response fraud activities
- Reviews and investigates reports of suspected fraudulent activity with accurate recording of data captured during client interactions
- Follows established processes and guidelines in daily activities to do what is right for clients and the bank, adhering to all applicable laws and regulation
- Assist clients and internal partners with banking claim and suspicious alert inquiries, initiation and updates
Required Qualifications:
- 1+ years of fraud servicing or call center experience.
- Has strong analytical and organizational skills and demonstrates the ability to solve complex problems by reviewing related information
- Demonstrates a strong sense of urgency and is able to work in a fast-paced, ever-changing environment with a strong focus on risk mitigation and client experience.
- Displays passion, integrity, commitment and drive to deliver a positive, differentiated service that improves our clients' financial lives
- Fully understands how life events can impact a client's financial situation and is prepared to actively advise solutions and analyze/resolve complex client problems through creative solutions
- Commitment to excellent attendance with proven reliability and can adhere to the agreed upon work schedule
- Dependable team-player attitude with an understanding that calls must be handled immediately, including weekends and holidays
- Communicates effectively and confidently with all clients to make their financial lives better
- Ability to engage with clients while navigating multiple screens - begin a conversation, anticipate what questions a client will have, actively share information using plain language, build rapport, and handle objections
- Comfortable receiving ongoing performance feedback and coaching
- Ability to learn and adapt to new information and technology platforms
- Minimum of an intermediate level of proficiency with computers and current technology
Desired Qualifications:
- Experience in a call center or a financial/banking center
- Fraud Detection and Prevention
- Credit Risk
Skills:
- Customer and Client Focus
- Data Collection and Entry
- Due Diligence
- Issue Management
- Oral Communications
- Active Listening
- Adaptability
- Attention to Detail
- Policies, Procedures & Guidelines
- Written Communications
- Business Acumen
- Collaboration
- Critical Thinking
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NJ - Pennington - 1400 American Blvd - Princeton Place At Hopewell Bldg. 4 (NJ2140)
Pay and benefits information
Pay range
$24.04 - $31.25 hourly pay, offers to be determined based on experience, education and skill set.
Predictable pay
This role is compensated with a base salary and is not incentive eligible.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
What Bank Of America employees say
Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
About Bank Of America
Sourced by ZipRecruiter
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Charlotte, NC, US