Fraud Prevention Analyst

Mechanics Bank is currently searching for a Fraud Prevention Analyst to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role will be working on-site at our Corona, Irvine or Cerritos offices.

The Fraud Prevention Analyst researches account activity to assess the risk level to ensure customer satisfaction. This position is responsible for performing fraud monitoring related to the analysis of, in-clearing and internal On Us Checks, Deposits, Large Wire Transfers review and ACH transactions. Ensuring that all suspicious activity is reviewed in a timely manner to mitigate any potential risks.

What you will be doing:

• Researches potential fraud and communicates possible solutions. Verify potential fraud On Us Checks, Deposit and ACH as identified in the Bank's Fraud Detection System identifies high risk transactions with customer and/or business portfolios.

• Communicates fraudulent transactions with Management. Notify branch operations on any questionable items to obtain approval.

• Review and identify any unusual or suspicious activity to determine any potential losses.

• Monitors customer and transactional records to identify unauthorized transactions and fraudulent accounts.

• Ensure confidentiality of all information collected during investigations. Maintain all Fraud Logs up to date for management and accounting purposes.

• Track and retain return data for future reference and reporting. Interacts with the bank and customers to validate information and confirm or cancel authorizations.

• Monitor status of Online Interfaces to ensure all communications lines are functional and resolve any problems with appropriate vendors. Perform end-of-day balancing with Federal Reserve, Core Deposits system, and foreign exchange correspondent relationship. Research and resolve wire validation errors.

Who you are:

• Associate's Degree preferred. Additional experience may be considered in lieu of degree.

• 3 years' experience in Bank Operations required.

• Knowledge of investigative procedures and processes.

• Knowledge of banking standards, practices and procedures.

• Ability to utilize fraud detection software.

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Pay Range: $22.00 - $30.00 hourly

Final compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.

• Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.

• Please view Equal Employment Opportunity Posters provided by OFCCP here.

• To learn more about Mechanics Bank's California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit https://www.mechanicsbank.com/California-Consumer-Residents