Senior Fraud Analyst (Hybrid Work Schedule)

Title: Senior Fraud Analyst (Hybrid Work Schedule)

State Role Title: Senior Fraud Analyst (Hybrid Work Schedule)

Hiring Range: $89,186-$95,000

Pay Band: UG

Agency: Virginia Retirement System

Location:Richmond, VA

Agency Website:varetire.org

Recruitment Type: General Public - G

Job Duties:

• Recommend and implement solutions based on analysis of fraud issues; recommend strategies and controls to mitigate their impact, using existing tools
• Create and support monthly, quarterly, and ad-hoc reports, covering fraud metrics, fraud strategy performance and trends analysis
• Learn and gain expert proficiency on a variety of informational tools including decision engine(s)
• Create and manage new/existing fraud strategies to address changing dynamics
• Responsible for professional writing (including: creation of process documents & fraud investigation summaries
• Maintain investigative files including notes, final conclusions and actionable items
• Maintain fraud team SharePoint site and document collaboration efforts
• Participate as required, in cross functional working groups amongst peers
• Join and attend relevant fraud support organizations (such as International Association of Financial Crime Investigators (www.IAFCI.org) and Enterprise Fraud Management educational events).
• Adhere to reasonable service delivery schedules for various tasks owed to colleagues
• Interact with external law enforcement entities regarding on-going fraud investigations
• Interact with retirees, as required

Minimum Qualifications:

• Bachelor's degree in related field, required; an equivalent combination of education and experience may also be considered
• Five years of demonstrated experience conducting intelligence analysis in fraud investigation, and/or cybercrime
• Advanced understanding of intelligence analysis methodologies, tools, and techniques including identity and authentication
• Experience conducting root cause analysis and trend analysis via data and statistics reporting
• Working knowledge of identity and authentication vendors/companies in the U.S. marketplace
• Willingness to execute routine transactional duties, alongside emerging fraud investigations
• Exposure to methods/options for designing and implementing effective fraud controls and rules
• Proficiency in Microsoft Excel
• Exceptional critical thinking, analytical, and problem-solving abilities, with a strong attention to detail
• Excellent interpersonal skills, including verbal and written communication
• Intuitive personality that uses facts paired with strong emotional intelligence
• Investigative curiosity, and process analysis skills

Additional Considerations

• Previous experience with threat intelligence platforms and data analysis tools

Special Instructions

*VRS is unable to provide sponsorship, for this position*


You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to "Your Application" in your account to check the status of your application for this position.

Currently, this position has a hybrid work schedule, which means working in the office two days (Tuesdays and Wednesdays) and working remotely (Mondays, Thursdays, and Fridays) three days a week. The selected candidate must be able to work in the office any day of the week as required by the manager.

Contact Information

Name: Human Resources

Phone: 804-697-6697

Email: careers@varetire.org

In support of the Commonwealth's commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.

Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.