Financial Intelligence Unit (FIU) Analyst I - Fraud

At TreviPay, we believe loyalty begins at the payment. Thousands of sellers use our global B2B payments and invoicing network to provide choice and convenience to buyers, open new markets and automate accounts receivables. With integrations to top eCommerce and ERP solutions and flexible trade credit options, TreviPay brings 40 years of experience serving leaders in manufacturing, retail and transportation.  

Every day, TreviPay employees are challenged and empowered in a supportive, collaborative, entrepreneurial environment. 

Job Summary

This role will be responsible for supporting the day-to-day operations of the Financial Intelligence Unit (FIU) including but not limited to performing reviews (initial, secondary, post decisioning, transactional and exception reports) of alerts generated through initial credit applications, existing account changes or alerts based on red flags, to either confirm alert item, clear or verify the application.  (fraud, verification, compliance).

In addition, this role will assist onboarding new business entities, sanctions-related tasks and analyzing business accounts for unusual or suspicious activity using various manual and automated reporting generated by TreviPay’s financial crimes and fraud alerting systems.  Although the role is primarily dedicated to identifying fraud and Know Your Customer (KYC) risk and related abnormalities, the role will also support financial crimes risk activity reviews, generally, including anti-money laundering (AML), Know Your Customer/Business (KYC/B), and sanctions.  This role will work closely with other members of the FIU located in Costa Rica, United States and United Arab Emirates

Also, he/she will maintain both system and external verification, investigation and research findings as required by the FIU Department guidelines.  This role will report to a U.S.-based manager within the FIU.

Duties and Responsibilities (List in order of time spent.)

o   Perform reviews (initial, secondary, post decisioning, transactional and exception reports) of alerts generated through initial credit applications, existing account changes or alerts based on red flags, to either clear or confirm alert item (fraud, verification, compliance).

o   Conduct verification calls and emails to applicants/customers to verify or confirm the alert or confirm the level of fraud or suspicion.

o   Clear and resolve alerts within the respective SOP timeframe related to the alerts.

o   Verify applicant/customer information using online sources/OSINT, 3rd party and internal databases.

o   Analyze and/or decision alerts/cases based on fraud alerts (external and internal), exception reporting or external notifications.

o   Maintain and monitor as needed any fraud rings or ongoing alert trends as needed.

o   Review, analyze, and organize data; draft investigative narratives including suspicious activity reports (or international jurisdictional equivalents)

o   Conduct thorough onboarding and ongoing customer due diligence measures in accordance with internal policies and CIP/KYC requirements and best practices

o   Analyze and recommend decisions for other alerts including adverse media and sanctions.

o   Assist to maintain the required watch lists database as required.

o   Review and evaluate alerts/cases consisting of potential sanctions matches, anomalous or potentially suspicious activity, fraud risk and KYC red flags, adverse media, and PEP matches identified by proprietary reporting or transaction monitoring platforms

Qualifications

Competencies/Skills 

o   An Intermediate knowledge of fraud, financial crime prevention, anti-money laundering regulations and fraud indicators/red flags.  

o   Able to evaluate the effectiveness of current processes, suggest improvements, and implement changes based on data-driven analysis.

o   A natural ability to seek out new information, experiences, and insights, and to question the status quo, a genuine interest in discovering how things work and finding new solutions to problems.

o   Time management skills and deadline orientated.

o   Problem solving skills when the answer or outcome is not clear.

o   Self-starter with a knowledge seeking behavior related to fraud, risk, compliance and process improvement.

o   Strong written communication, documentation, and project management skills.

o   Strong phone and verbal skills.

o   Proficiency in the following technologies:

o   MS Office Applications

o   ComplyAdvantage

o   LexisNexis

o   Advanced Excel and Database knowledge

o   Familiar with CRM software (i.e., Salesforce)

Years of Experience

o   2 – 3 years’ experience in progressing career roles, or single role related to financial crimes compliance, risk management and/or collections.  (Fraud, AML, sanctions)

o   Education (High School Diploma, Associate, Bachelors, masters)

o   Associate degree, Bachelors, Technical School diploma, or other two-year program or equivalent 

Certification/Licenses

o   Level I – None  

What is in it for me?

·       Work in a friendly and caring company where teamwork is key

·       Work with skilled people that are invested in your success and growth

·       Remote working is the new normal with flexible work options and paid holidays

·       Competitive salary with a comprehensive benefits package starting day one

·       Work in a fun environment that promotes creative thinking and a positive attitude

·       Career development opportunities

·       An open-door policy which means your voice will always be heard

·       A robust Employee Referral program

At TreviPay we believe:

·       in saying yes to unique and challenging requirements

·       empowered team members are creative team members

·       our products make the customer’s day just a little bit better

·       work/life balance makes us all more effective