Job Description
About the position
The Fraud Investigator is responsible for investigating, documenting, and/or approving the investigation and documentation of Fraud related alerts, cases, suspicious activity reports (SARs), and any other reports and/or referrals that could lead to such investigation. He or she will represent Atlantic Union Bankshares Corporation (AUB) and its related subsidiaries as a dedicated point of contact for law enforcement inquiries related to financial crimes investigations. The Fraud Investigator serves as a second line of defense subject matter expert for Investigations and Fraud threat intelligence. Other responsibilities may be assigned at the discretion of the FIU Fraud Investigations Manager.
- Responsibilities
- Investigate internal and external fraud events perpetrated against AUB, its related subsidiaries, and stakeholders.
- Document and decision complex alerts and cases to identify reportable suspicious activity.
- Ensure Suspicious Activity Reports are accurate and approved for filing within regulatory guidelines.
- Conduct customer outreach as needed to follow up on status of fraud investigations and obtain additional information.
- Review procedures covering the investigation and reporting of suspected financial fraud crimes.
- Recommend changes in processes and procedures to the FIU Fraud Investigations Manager.
- Serve as a point of contact for other business lines with general questions or concerns about investigations.
- Assist in the oversight of processes for internal referral of questionable activity or behavior.
- Serve as a representative of AUB with local, state, and/or federal law enforcement agents on cases referred by AUB or on cases requiring AUB’s assistance as it relates to financial crimes investigations.
- May testify in court on behalf of AUB for fraud cases.
- Participate in professional and community associations relating to law enforcement and criminal investigations.
- Distribute pertinent information to departments throughout the organization that may be affected by current Fraud trends.
- Develop, analyze, and report trends to the FIU Fraud Investigations Manager as required.
- Analyze corporate needs and suggest creative ideas to enhance comprehensive corporate-wide fraud risk mitigation processes.
- Attends training seminars as deemed necessary by the direction of the FIU Fraud Investigations Manager or higher.
- Requirements
- Bachelor’s degree in criminal justice, Business or a related field, or a combination of education and experience equivalent to such a degree
- Must have 5 or more years of banking, business, or criminal justice related experience
- Must have a minimum of 2 years’ experience in fraud or financial crimes investigations
- Previous experience in delivering FinCEN SAR filings for Fraud events
- Demonstrated ability to interact with management, law enforcement, General Counsel, and other business lines with tact and diplomacy while achieving stated objectives.
- Ability to explain complex fraud issues in simple and clear ways.
- Working knowledge of fraud and financial crimes banking laws, regulations, operations, and procedures.
- Advanced written, oral, data analytics, interpersonal and negotiating skills with ability to prepare and present technical presentations and guide internal customers.
- Working knowledge of financial institution operations.
- Ability to research, analyze and recommend improved processes.
- Nice-to-haves
- Certification as a compliance professional (i.e.: CAMS, CAFP, CFE)
- Benefits
- This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program.
- General information on our comprehensive benefits package can be found by visiting https://www.atlanticunionbank.com/about/careers/benefits
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