Fraud Analyst, Secured Lending

Responsibilities

• Own first-line fraud detection and investigation across assigned secured lending product line(s), monitoring for suspicious activity and fraud indicators across application, origination, and servicing.
• Investigate key fraud risks and emerging typologies, including application fraud, identity fraud (true-name and synthetic), income and employment misrepresentation, collateral fraud, and Auto dealer-related fraud patterns.
• Investigate product-specific fraud typologies including occupancy misrepresentation, valuation inflation, and undisclosed liabilities or loan stacking.
• Prepare comprehensive fraud escalation and SAR referral packages for review — documenting facts, evidence, typology, and recommendations.
• Conduct early payment default (EPD) fraud file reviews — performing fraud indicator review on loans reaching 60+ days past due within 90 days of origination.
• Monitor and analyze fraud trends across origination channels, including application fraud rates, dealer-level fraud indicators, geographic concentrations, synthetic identity patterns, and channel-level risk signals; producing fraud metrics and trend reporting.
• Maintain dealer fraud scorecards (Auto) and channel-level fraud indicator tracking, including pattern-based referrals and dealer suspension triggers in coordination with Vendor Management and dealer oversight functions.
• Integrate closely with the Secured Lending QC team — triage fraud-related alerts surfaced by the QC Engine's daily monitoring output; provide typology and red flag feedback to improve detection rules and origination controls.
• Coordinate across Operations, Compliance, Legal, and Risk on fraud control enhancements, law enforcement information requests, and regulatory response support.
• Proactively identify regulatory risks related to fraud in your product line(s) and adjacent areas, including obligations under OCC Bulletin 2019-37, FFIEC BSA/AML Manual, Red Flags Rule (12 CFR Part 41, Subpart J), 12 CFR 21.11, and product-specific fraud risk requirements.
• Support examination readiness by maintaining audit-ready fraud investigation case records, typology documentation, and program evidence aligned with OCC, FDIC, and CFPB expectations.

Minimum Qualifications

• 3+ years of experience in fraud investigation, fraud analytics, or financial crimes within consumer lending, banking, or a regulated financial institution.
• Bachelor's degree or equivalent practical experience.
• Experience investigating consumer lending fraud — including application fraud, identity fraud, income/employment misrepresentation, and collateral fraud.
• Experience preparing fraud investigation case documentation — fact and evidence assembly, typology analysis, and written escalation packages for compliance or legal review.
• Familiarity with SAR referral processes, 12 CFR 21.11 SAR thresholds and timelines.
• Working knowledge of BSA/AML program requirements applicable to consumer lending, including CIP/CDD, OFAC screening, suspicious activity monitoring, and Red Flags Rule obligations.
• Working knowledge of OCC enterprise fraud risk management and FFIEC BSA/AML Manual requirements relevant to fraud investigation and suspicious activity reporting.
• Experience with fraud trend analysis — application fraud rate monitoring, typology identification, channel and geographic concentration analysis.
• Ability to manage own workload, meet deadlines, and proactively communicate risk to timelines with minimal supervision.
• Strong cross-functional collaboration skills — able to work effectively with Operations, Compliance, Legal, and Risk on fraud escalation and control improvement initiatives.

Preferred Qualifications

• Experience investigating dealer channel fraud, including power booking, ghost down payments, straw purchases, VIN cloning, title washing, and F&I product abuse.
• Experience maintaining dealer-level fraud scorecards and pattern-based dealer monitoring or suspension workflows.
• Experience investigating collateral fraud typologies in home equity lending — occupancy misrepresentation, appraisal inflation, undisclosed liabilities/loan stacking.
• Familiarity with CIP/CDD execution requirements and fraud red flags in account draw activity and maintenance.
• Experience identifying fraud indicators across income, identity, appraisal, and title documentation within origination files.
• Certified Fraud Examiner (CFE) designation or active progress toward CFE certification.
• Experience with fraud metrics reporting to management committees (Credit Committee, Risk Committee, or equivalent).
• Familiarity with EPD review processes and OCC fraud loss classification requirements.
• Ability to translate investigation findings into structured, examination-ready documentation for OCC, FDIC, or CFPB.