CIT Group Inc. Associate, Fraud Investigator in Jacksonville, Florida
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of Dec. 31, 2017. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. For more information, visit cit.com.
The successful candidate will conduct investigations on actual and suspected cases of fraud and other related financial crimes in compliance with investigative protocols. The Investigator performs research on fraudulent activities conducted through CIT’s products and services. The fraudulent activities are analyzed through the use of various CIT operating systems, databases, and unusual transaction reports generated by the businesses and support areas. The Investigator will make a determination if the activity warrants the completion of a Suspicious Activity Report and/or filing of other regulatory or police reports.
The Fraud Investigator will:
• Investigate suspected, alleged or known fraud using both internal and external resources.
• Compile the necessary investigative documentation, contacting internal and external parties, and conduct interviews as necessary to complete investigations.
• Ensure that complete, accurate, and timely SARs are submitted to the department manager allowing sufficient time for review and subsequent submission to Financial Crimes Enforcement Network (FinCEN) and other regulatory agencies as necessary.
• Documenting the results of the investigation to support the decision to file or not file a SAR.
• Storing supporting documents in respective investigative files and systems according to documented guidelines.
• Prepare and present investigations for management (or designee’s) review.
• Perform other duties as assigned.
• Undergraduate degree preferred or equivalent work experience
• CFE credentials a plus
• Team player willing to accept challenges large and small and meet them under time pressure.
• 3+ years in an investigative role in a regulated financial institution
• Strong knowledge of Fraud scenarios
• Must have experience completing SARs and drafting SAR narratives
• Experience in a Bank or Bank Holding Company environment a plus
• Actimize Compliance Suite experience preferred.
• Effective communications skills, including excellent writing and oral communications ability.
• Demonstrated ability to focus on details and execute daily tasks independently and effectively.
• Must be able to meet deadlines and resolve problems in a timely manner
• Ability to work with a Bi-Coastal Management Team
• Proficiency in Windows and Windows based applications (e.g., Word, Excel and PowerPoint) skills
• Proficiency in internet and various database resources to facilitate due diligence/ investigations process
External Company Name: CIT Group LLC
External Company URL: https://www.cit.com/