Fraud Prevention Analyst in Chicago, IL at TradeStation

Date Posted: 11/22/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Chicago, IL
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/22/2020

Job Description

Fraud Prevention Analyst
Chicago, IL or Remote
#WeAreTradeStation
TradeStation is an on-line brokerage firm seeking to level the playing field for self-directed investors and traders, empowering them to claim their individual financial edge.  We have built a team of amazing people who work together in a high-performance culture to provide our clients with exceptional products and services.  We offer a collaborative and flexible work environment, competitive salaries, comprehensive benefits and an unlimited PTO policy.
We are seeking a motivated, experienced individual to join our company as a Fraud Prevention Analyst. As part of our anti-fraud team, you will analyze and review a broad range of financial data, including trades, transfers, and the movement of funds to uncover potentially fraudulent activity. You must be familiar with data analysis techniques, software, and processes, and you should possess the creative problem-solving abilities necessary to suggest new methods of analysis and prevention.
ESSENTIAL JOB FUNCTIONS:
  • Collect and analyze large volumes of financial data for potential fraud
  • Collate data and produce reports for senior managers and stakeholders
  • Recognize patterns of fraud and suggest new methods of detection, mitigation, and prevention
  • Assist with the implementation of new processes and software solution
  • Manage Fraud Prevention email inbox and tracking system and logs
  • Complete or assist in complex internal and external fraud investigations
  • Conduct fraud risk analyses using advanced methods and research tools provided by the company or obtained through other reliable resources
  • Perform “root-cause” analysis by incorporating relevant case information, as well as supporting documentation
  • Participate in ad-hoc requests, special projects and regulatory exams directed by other organizations within the compliance or legal departments
  • Performs other duties and projects as assigned
KNOWLEDGE, SKILLS & ABILITIES:  
  • Ability to work with third-party fraud tools, including case management / alert systems to aid in the prevention and detection of fraud
  • Strong written and verbal communication skills, including the ability to communicate technical analyses to a non-technical audience
  • Self- motivated, dependable, adaptable and detailed- oriented
  • Expected to detect patterns in/and anticipate criminal activity
EDUCATION & EXPERIENCE:
  • Bachelor’s Degree from a four-year college/university or equivalent work experience required
  • 5+ years of experience developing strategies and managing major initiatives within a complex fraud mitigation environment to include:
    • prevention, detection and/or investigative aspects of fraud and/or broker dealer/FCM operational risk
    • regulatory adherence, funds availability, and/or model development.
  • Experience in cryptocurrency and/or banking is a plus
CERTIFICATIONS:
  • Series 7 and 3 required or must be obtained within the first six months