Meritrust Credit Union

Enterprise Fraud Analyst

Location US-KS-Wichita
Posted Date 1 week ago(2/15/2018 12:38 PM)
Job ID
# Positions
Risk Management
Mon-Fri 8am-5pm
Regular Full-Time
8710 E. 32nd Street North


The primary function of this position is to assist the Credit Union in fraud loss detection and prevention efforts. To support and advise on matters involving fraud from all areas of the Credit Union including mitigation options. This position will keep the Chief Risk Officer apprised of trends and escalate items when needed.



  • Perform daily monitoring in the areas of check, ATM, online banking, new account, plastic card, and loan fraud.
  • On call duties outside of normal business hours as necessary for active fraud issues.
  • Provide analysis of enterprise wide fraud mitigation tools and provide recommendations for maximizing their effectiveness.
  • Review checks and e-deposits exceeding certain parameters.
  • Identify emerging fraud trends and make recommendations accordingly to mitigate risk.
  • Utilize all available methods of fraud detection and monitoring.
  • Responsible for limiting account fraud, abuse, and potential losses to the Credit Union as a result of high-risk activity.
  • Recommend suspension and/or closure of accounts identified with abuse.
  • Promotes fraud awareness and prevention to staff and membership via training, alerts, website, and Meritline posts.
  • Reviews and analyzes new accounts for potential high-risk activity. Makes necessary recommendations to new account policies and procedures to reduce the Credit Union’s exposure.
  • Create and provide customized training to departments in the awareness and prevention of fraud.
  • React quickly and efficiently when trends emerge; notify appropriate Credit Union employees in a timely manner.
  • Coordinate, communicate, and work with all departments in matters involving fraudulent activity.
  • Review accounts or transactions escalated by the Fraud Specialist.
  • Prepares documentation for prosecution against individuals that have caused a financial loss to the Credit Union.
  • Provide reporting to the Quality Risk Manager and Chief Risk Officer in a timely manner.
  • Participate in projects related to mitigation of fraud.
  • Perform other related duties of similar scope and complexity.
  • Maintain confidentiality in all matters.
  • Present a positive image of the Credit Union in all interactions.


  • 3-5 years’ experience in the financial services industry
  • 3 years’ experience in fraud related activities is required for this position
  • Strong analytic ability coupled with a common sense approach to risk
  • Ability to work across organizational lines to foster teamwork, trust, and quality execution
  • Maintain high level of credibility with managers and functional areas of the Credit Union
  • Ability to work independently in a changing environment
  • Understanding of banking regulations
  • High School Graduate - Preferred four year degree




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