Senior Investigator - Fraud Investigations
Newark, Delaware;Fort Worth, Texas; Chandler, Arizona; Addison, Texas
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
This job is responsible for participating in or leading financial crime investigations in diversified operations within the bank to gather information relative to current or prospective clients. Key responsibilities include leading routine to complex investigation task forces, consulting on investigative related issues, identifying issues and control weaknesses, and sharing recommendations to line management to minimize exposure. Job expectations include formulating and recommending action plans in response to allegations, including crime reports and court proceedings.
Responsibilities:
Reviews and analyzes information gathered from databases to investigate alleged financial violations committed by a person or organization, including misuse of funds, misconduct, and corruption
Prepares investigative reports, presents findings to senior management and relevant stakeholders, and supports control partners by recommending corrective actions to prevent future incidents and improve organizational practices
Coordinates investigations by providing direction to multiple investigators, identifying issues and control weaknesses, sharing potential recommendations for courses of action, and testifying in court proceedings as needed
LOB Job Title: Senior Investigator - Fraud Investigations
As a Bank of America Senior Financial Crimes Investigator you will conduct complex financial crime investigations within diversified bank wide operations spanning multiple lines of businesses including case analysis, evaluation, developing fact based opinions and providing recommendations to management actions necessary to resolve fraud trends. A senior investigator may participate in, or lead investigative related task forces and/or special projects that represent significant loss exposure and/or are highly visible. You may provide consultation and guidance to line of business and senior management on investigative related issues. You may identify significant issues and control weaknesses, and make recommendations to line management to minimize exposure or loss. A senior investigator may formulate and recommend actions in response to allegations, file crime reports and testify in court proceedings. You will analyze, evaluate and make recommendations to management on investigations that expose the bank to large losses. You will prepare reports for management covering investigative details, results and recommend loss and recovery prevention actions. You may interpret and analyze information gathered from numerous databases and third party sources and identify "red flags" that prompt further inquiry, and drive process changes to close gaps and mitigate risk. Provide policy and performance improvement recommendations to senior management and work closely with senior project managers in the development of new fraud strategies. This position may require you to coordinate and provide direction to law enforcement partners on complex investigations.
Required Qualifications:
Minimum of five years of investigative experience law enforcement, or fraud prevention, or bank security
Excellent written and verbal communication skills
Strong PC and analytical ability
Detail-oriented, an independent thinker and able to handle multiple cases concurrently requiring multi-tasking skills
Must be able to interview internal and external fraud suspects demonstrating strong presentation skills, having the ability to organize and communicate complex data and facts leading to an admission of involvement
Must be a team player and able to build strong working relationships both internal and external to Bank of America
Must be able to influence process, policy and procedure changes which may have been a contributing factor in the fraud event
Desired Skills:
Knowledge of the UCC and criminal code and bank operations is highly desirable.
A bachelor degree is preferred, or the equivalent law enforcement, bank security or investigative experience in lieu of a four-year degree.
CFE (Certified Fraud Examiner certification - Current and recognized industry certification(s) in fraud investigation, cyber crime, financial crime investigation
Skills:
Due Diligence
Interpret Relevant Laws, Rules, and Regulations
Investigation Management
Research
Risk Management
Analytical Thinking
Attention to Detail
Collaboration
Data Collection and Entry
Relationship Building
Adaptability
Business Process Analysis
Continuous Improvement
Issue Management
Networking
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
