Fraud Specialist Jobs in South Elgin, IL
A Fraud Specialist is a professional who plays a pivotal role in detecting and preventing fraudulent activities within the banking industry. This includes analyzing transactions, identifying suspicious activity, and conducting investigations to minimize financial losses caused by fraud. They often work closely with law enforcement and other relevant authorities to resolve fraud cases, and may also be involved in improving or developing fraud detection and prevention systems. They play a key role in maintaining a bank's reputation and customer trust by ensuring the safety and security of financial information.
To be effective in their role, a Fraud Specialist should possess strong analytical and problem-solving skills, excellent communication abilities, and a keen eye for detail. They should be familiar with banking laws and regulations, and proficient in using banking software and technologies. Certifications such as the Certified Fraud Examiner (CFE) or Certified Financial Services Security Professional (CFSSP) can also be beneficial. Prior to becoming a Fraud Specialist, individuals might have experience in roles such as a Bank Teller, Fraud Analyst, or Risk Analyst, where they gain relevant skills and knowledge in detecting and preventing fraudulent activities.
Debit Card Fraud Analyst I, II - Downers GroveNew
- Downers Grove, IL (19 miles from South Elgin, IL)
- 3 hours ago
- Downers Grove, IL (19 miles from South Elgin, IL)
- 3 hours ago
Minimum Requirements - All levels High school diploma (or equivalent) and two or more years of Retail Banking experience or related Operations function; or equivalent combination of education and experience...
Debit Card Fraud Analyst - Downers Grove
- Downers Grove, IL (19 miles from South Elgin, IL)
- 3 hours ago
- Downers Grove, IL (19 miles from South Elgin, IL)
- 3 hours ago
Minimum Requirements - All levels High school diploma (or equivalent) and two or more years of Retail Banking experience or related Operations function; or equivalent combination of education and experience...
Debit Card Fraud Analyst I, II - Downer's Grove
- Downers Grove, IL (19 miles from South Elgin, IL)
- 4 days ago
- Downers Grove, IL (19 miles from South Elgin, IL)
- 4 days ago
Minimum Requirements - All levels High school diploma (or equivalent) and two or more years of Retail Banking experience or related Operations function; or equivalent combination of education and experience...
- Westchester, IL (23 miles from South Elgin, IL)
- 9 days ago
- Westchester, IL (23 miles from South Elgin, IL)
- 9 days ago
At least two years of fraud detection and prevention experience, preferably in a financial institution Certification in CFE, GCFE, CEH, CHFI or other forensic examination certifications would be an...
Demographic Data for South Elgin, IL
Moving to South Elgin, IL? Find some basic demographic data about South Elgin, IL below.
Fraud Specialist Online Courses and Training Opportunities
Salary for Fraud Specialist Jobs in South Elgin, IL
Required or preferred licenses and certifications for Fraud Specialist positions.
Highest Education Level
Fraud Specialists in South Elgin, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Fraud Specialist position
- Insurance Claims
- Statistics
- Interviewing
- Incident Management
- Report Writing
- Military Background
- Law Enforcement
- Claims
- Criminal Investigations
- Inbound
- Corporate Security
- Criminal Justice
- Reimbursement
- Relationship Management
- Retail Banking
- Consumer Lending
- Lending
- BSA
- Automated Clearing House
- Private Banking
- OFAC
- Mortgage Processing
- Wire Transfers
- Financial Services
- Wealth Management
- Internal Control
- Anti-Money Laundering
- Fraud Investigation
- Due Diligence
- Resolution
- Risk Management
- Finance
- Relationship Management
- Closing
- Math
- Auditing
- Investigation
- Data Analysis
- Documentation
- Reporting
- Regulations
- Policy Development
- Multitasking
- Problem Solving
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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Here are some other career titles that require similar skills
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