Fraud Investigator (Remote)

About The Organization

SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals.

The anticipated salary range for this role is between $70,000.00 and $125,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers.

To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank.

Specialties

Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services

Job Summary

The primary role of the Fraud Investigator will be to investigate cases escalated from the Fraud Operations team, analyze evidence and draft Suspicious Activity Reports (SARs) to ensure compliance with regulatory requirements. They work closely with various departments to identify trends and implement preventative measures.

Principal Duties And Responsibilities

• Conduct thorough investigations of fraud cases.
• Gather, analyze and document evidence from various sources, including transaction records and internal and external research.
• Collaborate with personnel from other departments when conducting investigations, as appropriate.
• Prepare detailed and accurate Suspicious Activity Reports (SARs) in compliance with regulatory guidelines.
• Actively support managers and supervisors with fraud investigations, coordinate with team members and other departments to determine the proper course of action in handling potentially suspicious or fraudulent activity.
• Communicate with fraud management regarding internal control deficiencies detected during the investigative processes.
• Maintain knowledge of the bank’s products, services, customers and geographic locations, as well as the potential fraud risks associated with those activities.
• Stay proficient in all aspects of fraud compliance and regulatory requirements.
  
  

Job Specifications

• Educational Experience: Bachelor’s degree and 3+ years of experience in fraud prevention, financial compliance investigations, Anti-Money Laundering, or a related field preferred.
• 3+ year(s) of experience in writing and preparing Suspicious Activity Reports (SARs) or similar in accordance with applicable regulatory requirements preferred.
• Certified Fraud Examiner (CFE) or Certified Financial Crimes Investigator preferred.
• Ability to identify fraud trends, and high-level understanding of financial investigations.
• Problem solving / critical thinking skills and ability to exercise independent judgment.
• Strong deductive reasoning, critical thinking, problem solving, and prioritization skills.
• Strong knowledge of fraud related matters and typologies.
• Self-motivated, with ability to actively manage workloads.
• Excellent interpersonal skills, including verbal, written and presentation communication skills.
• Computer literacy including proficiency with Microsoft Office (Excel, PowerPoint, Word, Outlook).
  
  

EOE STATEMENT

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

CCPA DISCLOSURE

Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.smbcmanubank.com/privacy/ccpa-disclosure . Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.