Loan Fraud Analyst Job at Atlanta Postal Credit Union, Atlanta, GA

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  • Atlanta Postal Credit Union
  • Atlanta, GA

Job Description

Job Description

Job Description

GREAT opportunity to join our Fraud and Compliance team! 5 years' experience in lending application and credit review. Seeking Consumer Loan Underwriting and Quality Control experience.

  • 99% of the cost of employee healthcare covered by the company
  • 100% of the cost of dental and vision covered by the company
  • 401K match offered
  • Culture focused on employee engagement & giving back
  • Mission dedicated to serving the credit union members (our customers)

Target hiring pay range: $20.57 - $25.71 per hour / $42,785 - $53,476

Purpose: The primary purpose of this position is to assist Atlanta Postal Credit Union (APCU) to live out our Mission, “To help our members achieve financial success by providing exceptional products and service.”

Summary: The Loan Fraud Analyst leverages their knowledge of the loan application and credit review processes to curtail and mitigate potential of losses related to APCU’s lending activities. They maintain engagement and partner with the leadership in the lending area to help in identifying current, emerging fraud risks.

Essential Duties and Responsibilities: Other duties may be assigned

1. Deliver outstanding service to both internal and external members that is in alignment with our Service Promises

2. Identifies fraudulent activity and fraudulent signals by thoroughly reviewing of applications, applicant submitted supporting documentation, and third party submitted documentation (dealership buyer’s orders, employment verifications, income verification documents, etc.)

3. As requested, or instructed, performs a variety of tasks to validate the accuracy of information or source(s) of information including but not limited to, addresses, place(s) of employment, collateral related documents and information, dealership information, etc.

4. Documents evidence and findings and supports accountability for processes and procedures.

5. Relies on the information reviewed and outcomes of the analysis to provide the lending team with a recommendation to proceed or not proceed with an application.

6. Tracks losses and prevented losses related to fraudulent loan applications and reports out within established time intervals.

7. Uses available technology, applications, and software to compare and validate the accuracy of information entered in the Loan Operating system and information returned from credit reporting agency(s).

8. Stays up to date on the loan application and loan documentation function and lifts concerns whenever process changes require changes in what items or information get reviewed from a fraud detection perspective.

9. May assist or perform tasks related to the Fair Lending risk assessment.

10. Builds and maintains positive working relationships with internal and external stakeholders.

11. Excellent problem solving and analytical skills.

12. Works independently, often with little supervision, ensuring tasks and needs are appropriately prioritized and accomplished and deadlines are met.

13. Effectively uses written and oral communication skills in daily correspondence and completion of tasks.

14. Complies with all aspects of BSA/AML and OFAC regulations as they relate to this position.

15. Attends ongoing training as needed, including on and off-site workshops and webinars to maintain a prominent level of knowledge related to the position.

16. May occasionally travel to branches, conventions, or other APCU facilities.

17. Other duties as assigned.

Supervisory Responsibilities: This position has no direct reports.

Qualification Requirements: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

REQUIRED EDUCATION and/or Experience:

• An associate degree in business, Business Administration, or related field of study; 2 years relative work experience in lieu of degree

• 5 years specific work experience in lending application and credit review

• 2 years work experience demonstrating independent decision making

• Proficiency with Microsoft Office products

• Working knowledge of job-related applications and technologies (LexisNexis, TransUnion TLO, Precise ID, Google searches, etc.)

PREFFERED Education and/or Experience:

• A bachelor’s degree in business, Business Administration, or related field of study

• 2 years supervisory experience

• Prior work experience in a credit union lending role

Physical Job Requirements:

Must be physically able to operate a variety of automated office machines such as calculator, computer, printer, facsimile, telephone, copier, etc. Must be able to stand, bend and stoop as needed. Must be able to lift and/or carry weights of 5 to 20 pounds.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The requirements for the position listed are general and are not all inclusive. If you have any questions concerning this position, please contact Human Resources.

Please note that an employment offer and your continued employment are contingent upon acceptable results of a background and credit check, satisfactory proof of your right to work in the U.S.

Job Tags

Hourly pay, Work experience placement,

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