Fraud Risk Analyst

Post Date

Feb 01, 2024

Location

Chicago,
Illinois

ZIP/Postal Code

60602
US
Aug 22, 2025 Insight Global

Job Type

Contract,Perm Possible

Category

Financial Planning & Analysis

Req #

CHI-679487

Pay Rate

$32 - $48 (hourly estimate)

Job Description

The Fraud Analyst will report to the Fraud Investigations Manager of US Region Fraud Management. The Fraud Analyst is responsible for completing moderate to complex research and analysis of account activity to assess levels of risk and fraud type, making a fraud determination, completing all required investigative reports, and taking appropriate action to resolve fraud related inquiries in a multi-faceted, fast paced and dynamic environment, while ensuring the security of the customer's accounts.

Required Skills & Experience

* 4+ years of experience in fraud analysis experience, ideally coming from a bank or financial service institution.

o Experience with either

* Proficient with analytical reviews of check and/or credit card fraud.

* Experience reviewing and monitoring account activity for potential fraud AND utilizing alert-based systems for potential fraudulent activity.

* Strong understanding of fraud concepts, fraud controls, and process flows/systems.

* Experience identifying and reporting suspicious activity trends.

* Proficient in MS Suite, Excel, Outlook, SharePoint.

* Self-starter, prompt/timely, and strong organizational skills.

* Strong communication skills and able to not only identify deficiencies/risk with fraud, but formulate recommendations based on the analysis.

Nice to Have Skills & Experience

* Data analysis and recovery experience.

* Experience with fraud systems (Actimize, OASIS, Verafin).

* Experience with banking regulations with a fraud nexus (e.g. Regulations E and CC; Bank Secrecy Act; Identity Theft Red Flag Rule).

Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.