Fraud Prevention Analyst 6-Month Term

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients developing strategies products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information visit .

What we offer :

Work-life flexibility

Hybrid workenvironment

Variable annual incentive plan

Generous annual vacation allotment

Top-notch flexible benefits planincluding family building and gender affirmation

Retirement Plan matched contributions at 6%

Access toa learning platform and educational assistancesupport

Access to a virtual wellness platform

Career development opportunities

Wellness Flex Fund to support personal interest and activities

Day off to volunteer in your community andother paid time off options

Corporate discounts

• subject to employment agreement

Job Summary :

As a Fraud Prevention Analyst youll coordinate analysis of debit card and online banking fraud data to respond effectively to new situations and trends. Youll manage data from various sources including Interac alerts and Suspicious Activity Reports and facilitate information sharing between Central 1 Interac and member credit unions to identify and prevent fraudulent activity.

Schedule Example : (actual schedule may be different depending on business operations)

Sunday 6 : 20AM - 6 : 30PM

Monday 6 : 20AM - 6 : 30PM

Tuesday 6 : 20AM - 6 : 30PM

What youll be doing :

Perform analysis of transaction data from the PRM Fraud Detection System

Responsible for identifying new skim locations through Central 1 CPP Analytics Application with fraud data reported by credit unions and / or the PRM Fraud Detection System

Send out PRM Fraud Alerts (FA)s to credit unions and follow-up with the response to update PRM

Provide assistance to the FAS group as to when to send PRM Fraud Alerts (FA)s to credit unions

Monitor fraud transaction trends and recommend modifications to the rules in PRM that would result in reduced loss prevention

Issue Common Point of Purchase Alerts to credit unions throughout the country to advise of suspected or confirmed skimming incidents as reported by the Interac Association.

Complete analysis of transaction data related to Common Point of Purchase Alerts (CPPs) and send Suspicious Activity Alerts (SAAs) to credit up with credit unions for response to alerts to ensure compliance with Interac requirements. Provide ongoing updates to active SAA investigations

Issue Interac e-Transfer alerts and communicate to credit unions Interac

Issue Interac Online Payment alerts and communicate to credit unions and Interac

Provide assistance to the credit union staff to ensure the most expedient methods of reporting suspected or confirmed skimming activities is followed

Expert knowledge of PRM the CPP system and Interac regulations

Maintain database of authorized users and user passwords for the CPP system

Maintain database of skimming information and update records as . Review data to analyze fraudulent activity and to determine if Member Cards have been used at a suspected skimming location

Respond to credit unions requests for assistance in resolving outstanding orphan cards where a credit union has reported fraudulent activity and no common point of purchase has been determined

Provide information to the law enforcement department and financial institutions regarding suspected and confirmed skimming locations

Maintain reports of fraud alert volumes and locations to analyze trends and determine future requirements

Research revise and maintain educational materials for credit unions regarding the FAS system

Provide technical support to the FAS group (on-call 24 hours / 7 days a week)

Act as the technical backup when the FAS Manager Operations is not available

What youll have :

Bilingual (French / English) considered a strong asset while not required

2 years post-secondary education in a related field

2 years experience in accounting finance auditing criminology loss prevention law or fraud investigation with some exposure to fraud prevention

Exceptional command of French and English language and proven customer service skills are .

Experience with processor operations card association rules and technology associated with payment systems is an asset

Proficiency in computer skills and automated office systems is essential.

Strong analytical and problem-solving skills are

Able to work independently as well as part of a team

High level of confidentiality is essential in this role

Strong attention to detail and high degree of accuracy

Able to multi-task and handle several conflicting priorities simultaneously

Salary : $50000 - $58000

The salary represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge skills qualifications experience and education / training.

#LI-Hybrid

Central 1 does not use Artificial Intelligence (AI) technology to screen assess or select applicants during our recruitment process. This job posting is for an existing specific vacancy within our organization. All applications will be considered exclusively for the position described in this posting.

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.

Required Experience :

IC

Key Skills

Microsoft Office,Risk Management,Financial Services,Customer Service,Fraud,Root cause Analysis,Law Enforcement,Banking,Analysis Skills,Authentication,Qualitative Research Interviewing,ACH

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 50000 - 58000