Fraud Claims Analyst - Flagstar Bank : Job Details

Fraud Detection & Analysis - Analyze suspicious activity across consumer, commercial, and small business check processing. - Review account details, check images, signatures, endorsements, and customer behavior. - Identify anomalous patterns and potential fraud using velocity and value analysis. Claims Management - Assess and validate fraud claims from customers and other financial institutions. - Review supporting evidence and make sound decisions on claim legitimacy. - Ensure timely and accurate processing of multiple claims simultaneously. Regulatory & Risk Compliance - Maintain adherence to regulatory requirements and internal processing standards. - Escalate significant or unusual loss events to management promptly. Recovery & Reclamations - Handle Check Fraud Treasury Reclamations from the U.S. Department of the Treasury. - Investigate account activity to determine fund depletion and recovery potential. - Prepare documentation (e.g., indemnity agreements) for fund recovery eff...Claims Analyst, Fraud, Claims, Processing, Analyst, High School, Insurance