Fraud Specialist

Fraud Specialist

US Alliance Group Inc – Rancho Santa Margarita, CA 92688

US Alliance Group, Inc. (USAG), based in Rancho Santa Margarita, California, is a leader in the dynamic merchant services industry. Our typical customers stay with us much longer, often twice as long as the industry average. Talented and effective Fraud Specialist employees are vital to our continued success. We are actively seeking a Fraud Specialist.

The Fraud Specialist works in our Compliance Department. The Fraud Analyst is responsible for conducting thorough investigations of both direct and indirect fraud cases within the organization. This role involves analyzing complex data, identifying potential fraudulent activities, and implementing measures to prevent future occurrences. The Fraud Analyst will work closely with various departments to ensure compliance with regulatory requirements, mitigate risks, and safeguard the company’s assets.

Responsibilities:

·      Conduct in-depth investigations into suspected fraud cases, both direct (internal) and indirect (external).

·      Analyze transaction data, customer behaviors, and patterns to identify anomalies indicative of fraudulent activity.

·      Utilize fraud detection tools and methodologies to trace, document, and report fraudulent activities.

·      Collaborate with internal teams to gather necessary evidence and information for investigations.

·      Prepare detailed reports of findings for each investigation, including recommendations for corrective actions.

·      Maintain comprehensive documentation of all investigations, ensuring compliance with legal and regulatory standards.

·      Provide regular updates to the VP of Compliance on ongoing investigations and emerging fraud trends.

·      Ensure that all fraud-related activities are conducted in compliance with relevant laws, regulations, and internal policies.

Qualifications:

·      Excellent oral and written communication skills with the ability to effectively communicates upward, downward, and laterally

·      Advanced familiarity with standard concepts, practices, and procedures within fraud, MSBs, and other non-bank financial institutions

·      Assist with reporting relating to compliance analytical data to varying recipients, highlighting implications of findings

·      Use logic and sound reasoning to identify and assess the strengths and weaknesses of

alternative solutions, conclusions, or approaches

·      Excellent attention to detail and accuracy

·      Self-starter with the ability to work independently and collaboratively in a team to achieve goals and identify and solve problems

·      Ability to work in a rapidly changing deadline intensive environment while effectively managing multiple responsibilities and prioritizing accordingly

·      Analytical skills with the ability to assess and present quantitative and qualitative data

·      Intermediate knowledge of Windows based computers and computing software including but not limited to Word, Excel, Outlook, and PowerPoint

We offer a competitive salary, great employee incentives, paid time off, medical and dental/vision package, and Simple IRA in a great work environment.

This is not an exhaustive list of duties/position requirements.

If interested, submit resume online.

Job Type: Full Time

Salary: $58,000.00 to $68,000.00 annually

Monday-Friday 8am to 5pm (Non-Remote)

This position is subject to a background check, credit report, and pre-employment drug screening.

To review US Alliance Group Inc.’s CCPA Employee Notice, please copy and paste the following link into your web browser: https://usag-inc.com/ccpa-employee-notice/