# Fraud Analyst, Secured Lending

**Company:** [Upstart](https://hotfix.jobs/companies/upstart)
**Location:** Remote
**Role:** Other
**Salary:** $116k – $160k/yr
**Experience:** 3+ years
**Skills:** Fraud Investigation, Sar Preparation, Bsa/Aml, Red Flags Rule, Occ Requirements, Ffiec Bsa/Aml, Cip/Cdd, Ofac Screening, Fraud Trend Analysis, Identity Fraud, Synthetic Identity, Collateral Fraud, Application Fraud, Dealer Fraud
**Posted:** 2026-07-02

> Own first-line fraud detection, investigation, and SAR preparation for HELOC and Auto lending products. Investigate application, identity, income, collateral and dealer fraud; analyze trends; prepare regulatory referrals; and collaborate on control enhancements in a regulated AI-powered lending environment.

## Job Description

## 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.

## Similar roles

- [Tax Services Manager](https://hotfix.jobs/jobs/fca01cc2-7891-46c3-9fe1-e5be0e3d6719) - April - Remote - $114k – $125k/yr
- [Enablement Content Developer - Interactive & Simulations](https://hotfix.jobs/jobs/afa7ac38-97cb-4cc8-8644-cae548507238) - Wiz - Remote - $114k – $156k/yr
- [Public Policy Manager, State and Local](https://hotfix.jobs/jobs/e765fdde-09ac-489c-ae4a-5d3eddc08f1f) - Lyft - New York, NY - $118k – $148k/yr
- [Industrial Warehouse Engineer](https://hotfix.jobs/jobs/c3ff3970-a7d4-4755-85fc-fd36e11114ac) - Fluidstack - Remote - $120k – $160k/yr
- [Events Manager](https://hotfix.jobs/jobs/5a77d245-ff73-404d-a0ab-ce124b9d5f04) - Notable - San Mateo, CA - $120k – $150k/yr

**Apply:** https://hotfix.jobs/jobs/bfa9cc58-144f-438f-a7a2-5107e8610a0a
**Canonical:** https://hotfix.jobs/jobs/bfa9cc58-144f-438f-a7a2-5107e8610a0a