KeyBank Fraud Detection Analyst in Albany, New York

Fraud Detection AnalystinAlbany, NYatKey Bank- Corporate

Date Posted:4/11/2018

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  • Location:

17 Corporate Woods Boulevard

Albany, NY

  • Job Type:


  • Experience:

Not Specified

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Job DescriptionAbout the Business

As a part of Financial Intelligence and Loss Prevention Services, the Fraud Detection and Risk Analysis team focuses on detecting and preventing fraud related activity to minimize losses to the bank and enhance our relationships with our customers. We execute on a pro-active strategy of fraud detection, protecting both the bank and our customer, while providing shareholder value.


Either 9am - 5:30pm or 9:30am – 6pm. Workdays may be Tuesday through Saturday or Monday through Friday.

About the JobPerform a variety of complex and specialized tasks associated with identifying suspected deposit fraud, counterfeit checks, and other potential fraud related transactions. Perform detailed examinations on depository relationships and transactions to confirm or disprove potential fraud related transactions and related activity.

Essential Job Functions

  • Perform detailed analysis on depository accounts that appear to have activity that would support suspicions of deposit fraud or counterfeit check activity and provide detailed documentary evidence to support findings.

  • Take precautionary measures on accounts and/ or transactions to mitigate risk to KeyBank and/ or Key Bank clients and provide direction to all lines of businesses supported by Fraud Services

  • Communicate information on deposit fraud suspects to account relationship officers, corporate investigations, and area management

  • Document daily review and analysis of suspect transactions, providing area management with reports recapping current efforts.

  • Obtain and provide detailed documentary evidence to support confirmed fraud activity.

  • Maintain ongoing communication with internal and external clients regarding associated account resolution.

  • Other specialized tasks when required.

Required Qualifications

  • Two years banking operations/ branch experience; or equivalent of education and experience

  • Proven accuracy and organizational skills.

  • Proven ability to manage multiple diverse tasks simultaneously.

  • Ability to complete functions within available timeframes and achieve service level agreements to ensure regulatory compliance.

  • Proven written and verbal skills.

  • Proven ability to analyze, solve problems, and make decisions effectively and independently.

  • Must be available to work scheduled hours between 10:30 AM and 7:00 PM, M-F

  • Microsoft Office / Windows Experience.

  • Experience in Fraud Investigations preferred

ABOUT KEY:KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.ABOUT THE BUSINESS:Key Enterprise Risk Management provides leadership on risk management strategies and initiatives for credit, market, compliance and operational risk, as well as portfolio management, quantitative analytics and asset recovery activities. Key's objective is to achieve and sustain strong enterprise risk management practices consistent with industry standards and regulatory expectations in support of business strategies. To reach this goal, risk is identified, measured and managed in a manner that promotes effective decision-making and instills accountability. A strong risk culture is critical to achieving our vision to become the best regional bank in the U.S.FLSA STATUS:Non-ExemptKeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.JobID: 28599BR