Risk Management Specialist

Summary

Join BambooHR as a Risk Management Specialist in a Utah-based hybrid role, contributing to the streamlining and centralization of fraud prevention processes. You will identify, investigate, and mitigate fraudulent activities, working cross-functionally to build sustainable processes. This position demands strong analytical skills, attention to detail, and the ability to thrive in a fast-paced environment. Experience in fraud detection and prevention, process improvement, and understanding of financial systems is crucial. The ideal candidate will possess a Bachelor's degree and relevant experience. BambooHR offers a comprehensive benefits package, including paid time off, health benefits, retirement plan, and various perks.

Requirements

• Bachelor’s degree in Finance, Criminal Justice, Business Administration, or a related field
• Minimum of 2-3 years of experience in fraud detection, investigation, or a related field
• Strong analytical and problem-solving skills
• Excellent attention to detail and accuracy
• Proficient in using fraud detection software and tools
• Strong communication and interpersonal skills
• Ability to work independently and as part of a team
• Knowledge of relevant laws and regulations related to fraud and financial crimes

Responsibilities

• Work cross functionally within the organization to identify proactive measures and a sustainable process for mitigating/preventing fraud
• Develop and implement fraud prevention strategies and controls
• Prepare detailed reports on fraud cases and present findings to management
• Distribute workload and ensure investigations are completed timely
• Ensure fraud documentation and processes are up to date
• Assist in creating department specific training
• Provide training and support to staff on fraud detection and prevention techniques
• Assist in the development and maintenance of fraud detection tools and systems
• Monitor and analyze transactions to identify suspicious activities and potential fraud
• Conduct thorough investigations of suspected fraud cases, including gathering and analyzing evidence
• Collaborate with internal departments, such as Customer Service, Legal, and Compliance, to resolve fraud cases
• Stay up-to-date with the latest fraud trends, techniques, and regulatory requirements
• Respond promptly to fraud alerts and take appropriate action to mitigate risks
• Maintain accurate and organized records of all fraud cases and investigations

Preferred Qualifications

• Experience in the financial services industry
• Familiarity with data analysis and reporting tools
• Ability to handle sensitive information with discretion and confidentiality
• Strong organizational and time management skills
• Certification in fraud examination (CFE) or a related certification

Benefits

• 4 weeks paid time off
• 11 paid holidays
• Paid vacation time
• Medical with HSA and FSA options, dental, and vision
• 401(k) with a generous company match
• Access to a personal financial planner
• Legal and life insurance
• Financial Peace University (paid one-year subscription)
• Paid time to volunteer in the community
• Educational Benefits (assistance with higher education expenses)
• Amazing Office Amenities (gym, pickleball courts, cafe, free drinks)
• Flexible Work Models (in-office, work-from-home, or hybrid)