About Company
Wells Fargo is a diversified financial services company with operations around the globe. We provide banking, investment, mortgage, and consumer and commercial finance products and services. With a rich history spanning over 160 years, we are committed to helping our customers succeed financially, providing them with reliable services and innovative solutions. We pride ourselves on a culture of integrity, teamwork, and customer focus. At Wells Fargo, we believe our team members are our greatest asset, and we foster an inclusive environment where diverse perspectives are valued and professional growth is encouraged. Joining Wells Fargo means becoming part of a leading financial institution dedicated to making a positive impact on the lives of our customers and the communities we serve.
Job Description
Are you a meticulous problem-solver with a passion for protecting financial integrity? Wells Fargo is seeking a dedicated and proactive Fraud Analyst to join our team in Denver, Colorado. In this critical role, you will be at the forefront of safeguarding our customers and the company from sophisticated financial fraud. You will be responsible for conducting in-depth investigations, analyzing complex transaction data, identifying emerging fraud trends, and implementing robust prevention strategies. This position demands a keen eye for detail, strong analytical capabilities, and excellent communication skills to articulate findings and collaborate with various internal and external stakeholders. You will utilize advanced fraud detection tools and your expertise to uphold the security and trust customers place in Wells Fargo. This is a dynamic environment where continuous learning and adaptation are essential to combat evolving fraud schemes. If you are passionate about risk mitigation, possess a strong sense of ethical responsibility, and are eager to contribute to a secure financial landscape, we encourage you to apply. We are seeking an individual who thrives in a fast-paced setting and is committed to making a significant difference in protecting our assets and maintaining our reputation.
Key Responsibilities
- Conduct thorough and timely investigations into suspected fraudulent activities across various financial products and services.
- Analyze complex data sets, transaction patterns, and account behavior to identify and prevent potential fraud schemes.
- Utilize advanced fraud detection tools and systems to monitor suspicious activity and generate actionable insights.
- Prepare detailed reports, summaries, and documentation of fraud cases, findings, and resolution steps.
- Collaborate effectively with internal teams, including legal, compliance, and product development, to enhance fraud prevention measures.
- Communicate investigative findings, risks, and recommendations clearly and concisely to management and relevant stakeholders.
- Stay informed on current fraud trends, regulatory requirements (e.g., BSA, AML, KYC), and industry best practices.
- Assist in the development and refinement of fraud detection rules, policies, and procedures.
- Provide guidance and support to junior team members on fraud analysis techniques and case handling.
- Participate in cross-functional projects aimed at improving fraud prevention and detection capabilities.
Required Skills
- 2-4 years of experience in fraud detection, investigation, financial analysis, or a related risk management field.
- Strong analytical and critical thinking skills with meticulous attention to detail.
- Proficiency in data analysis tools and software (e.g., Microsoft Excel, SQL, Tableau, or similar).
- Excellent written and verbal communication skills, with the ability to present complex information clearly.
- Demonstrated ability to work independently and collaboratively in a fast-paced, high-volume environment.
- Fundamental knowledge of financial products, banking operations, and payment systems.
- Understanding of relevant regulatory requirements pertaining to fraud and financial crime prevention.
Preferred Qualifications
- Bachelor's degree in Finance, Business Administration, Criminal Justice, Economics, or a related quantitative field.
- Relevant certifications such as Certified Fraud Examiner (CFE) or Anti-Money Laundering and Financial Crime Specialist (ACFCS).
- Experience with specific fraud detection platforms, case management systems, or risk scoring models.
- Prior experience working within a large financial institution or banking environment.
- Familiarity with emerging fraud technologies, including AI/ML applications in fraud detection.
Perks & Benefits
- Comprehensive medical, dental, and vision insurance plans.
- 401(k) retirement savings plan with generous company matching contributions.
- Paid time off, including vacation, sick leave, and company holidays.
- Tuition reimbursement and extensive professional development opportunities.
- Employee assistance programs and wellness initiatives to support overall well-being.
- Competitive compensation packages and performance-based incentive programs.
- Employee discounts on various financial products and services.
- Opportunities for career advancement and internal mobility within a global organization.
- Inclusive and diverse work environment that values individual contributions.
How to Apply
To apply for this challenging and rewarding opportunity as a Fraud Analyst at Wells Fargo, please click on the application link below. We look forward to reviewing your qualifications and learning how you can contribute to our team.