Fraud Investigator (Remote)

 SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $70,000.00 and $125,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

JOB SUMMARY:

The primary role of the Fraud Investigator will be to investigate cases escalated from the Fraud Operations team, analyze evidence and draft Suspicious Activity Reports (SARs) to ensure compliance with regulatory requirements. They work closely with various departments to identify trends and implement preventative measures.  

PRINCIPAL DUTIES AND RESPONSIBILITIES:

•    Conduct thorough investigations of fraud cases. 
•    Gather, analyze and document evidence from various sources, including transaction records and internal and external research.
•    Collaborate with personnel from other departments when conducting investigations, as appropriate.
•     Prepare detailed and accurate Suspicious Activity Reports (SARs) in compliance with regulatory guidelines.
•    Actively support managers and supervisors with fraud investigations, coordinate with team members and other departments to determine the proper course of action in handling potentially suspicious or fraudulent activity. 
•    Communicate with fraud management regarding internal control deficiencies detected during the investigative processes.
•    Maintain knowledge of the bank’s products, services, customers and geographic locations, as well as the potential fraud risks associated with those activities.
•    Stay proficient in all aspects of fraud compliance and regulatory requirements.
 

JOB SPECIFICATIONS:

•    Educational Experience: Bachelor’s degree and 3+ years of experience in fraud prevention, financial compliance investigations, Anti-Money Laundering, or a related field preferred.
•    3+ year(s) of experience in writing and preparing Suspicious Activity Reports (SARs) or similar in accordance with applicable regulatory requirements preferred.
•    Certified Fraud Examiner (CFE) or Certified Financial Crimes Investigator preferred.
•    Ability to identify fraud trends, and high-level understanding of financial investigations.
•    Problem solving / critical thinking skills and ability to exercise independent judgment.
•    Strong deductive reasoning, critical thinking, problem solving, and prioritization skills.
•    Strong knowledge of fraud related matters and typologies.
•    Self-motivated, with ability to actively manage workloads.
•    Excellent interpersonal skills, including verbal, written and presentation communication skills.
•    Computer literacy including proficiency with Microsoft Office (Excel, PowerPoint, Word, Outlook).

SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.