NEWARK, DEPosted 24 days ago

Job summary

• Job post source

  This job is directly from City National Bank

• Job overview

  The Fraud Investigator Specialist at City National Bank is responsible for analyzing and investigating fraudulent activities impacting clients and the bank, aiming to reduce fraud risk through root cause analysis and operational improvements.

• Responsibilities and impact

  The role involves analyzing client transactions for fraud, conducting thorough investigations, documenting findings, coordinating internal events, communicating fraud trends, and supporting fraud operations to enhance detection and prevention.

• Compensation and benefits

  The position offers a starting base salary range of $65,296 to $104,304 annually, eligibility for bonuses or commissions, comprehensive healthcare coverage, 401(k) matching, career development resources, paid time off, and specialized health and family planning benefits.

• Experience and skills

  Candidates must have a Bachelor's degree or equivalent, at least 5 years of experience in risk management or fraud investigations, strong analytical and communication skills, proficiency in MS Office, and preferably certifications like CFE or CFCI and familiarity with programming tools such as Snowflake, Python, or SAS.

• Career development

  City National Bank provides career development opportunities through tuition reimbursement, internal upskilling, training resources, and career mobility support via a dedicated recruitment team.

• Work environment and culture

  City National Bank fosters an inclusive and diverse work environment valuing integrity, community, and client relationships, promoting equal opportunity employment and supportive colleague resource groups.

• Company information

  City National Bank, founded in 1954 for entrepreneurs, is a subsidiary of Royal Bank of Canada and is known for its integrity, community focus, and strong client relationships in the financial services industry.

• Application process

  Applications are accepted on an ongoing basis through careers.cnb.com until the position is filled, with no mention of additional documentation or deadlines.

• Unique job features

  The role stands out due to its focus on root cause analysis, use of advanced fraud detection tools, and involvement in coordinating fraud risk events across the organization.

Company overview

City National Bank, headquartered in Los Angeles, is a premier financial institution known for providing a wide range of banking, investment, and trust services. Established in 1954, it has grown significantly, particularly after its acquisition by the Royal Bank of Canada in 2015. The bank primarily serves affluent individuals, entrepreneurs, and businesses, generating revenue through personal and commercial banking, wealth management, and real estate lending. Its strong reputation for personalized service and financial expertise makes it a distinguished player in the banking industry.

How to land this job

• Tailor your resume to highlight your experience in fraud investigations, root cause analysis, and risk management, emphasizing your ability to analyze complex financial transactions such as credit, cash, wire transfers, and loans.

• Showcase your proficiency with internal bank systems, external research tools, and advanced computer skills including MS Excel, Word, and Outlook, as well as any familiarity with programming tools like Python or Snowflake if applicable.

• Apply through multiple channels including City National Bank’s corporate careers site and LinkedIn to maximize your application’s visibility and ensure it reaches the right hiring teams.

• Connect with professionals in City National Bank’s fraud operations or risk management divisions on LinkedIn, using ice breakers such as asking about recent fraud trends they have encountered or commenting on their insights regarding fraud prevention strategies.

• Optimize your resume for ATS by incorporating keywords from the job description such as 'fraud investigations,' 'root cause analysis,' 'risk management,' 'transaction monitoring,' and 'fraud prevention' to improve your chances of passing automated resume screenings.

• Consider using Jennie Johnson’s Power Apply feature to automate and streamline your job application process, ensuring your resume is tailored, applications are submitted through multiple platforms, and LinkedIn networking is efficiently managed, freeing you to focus on interview preparation and skill enhancement.