Fraud Analyst

Responsibilities

• Own first-line fraud detection and investigation across assigned secured lending product lines
• Investigate key fraud risks including application, identity, income, and collateral fraud
• Prepare comprehensive fraud escalation and SAR referral packages
• Conduct early payment default (EPD) fraud file reviews
• Monitor and analyze fraud trends across origination channels and geographic concentrations
• Maintain dealer fraud scorecards and channel-level fraud indicator tracking
• Integrate with Secured Lending QC team to triage fraud-related alerts
• Coordinate with Operations, Compliance, Legal, and Risk on fraud control enhancements
• Proactively identify regulatory risks related to fraud and maintain audit-ready records

Requirements

• 3+ years of experience in fraud investigation, fraud analytics, or financial crimes
• Experience in consumer lending, banking, or a regulated financial institution
• Bachelor's degree or equivalent practical experience
• Experience investigating application, identity, income, and collateral fraud
• Familiarity with SAR referral processes and 12 CFR 21.11
• Working knowledge of BSA/AML program requirements (CIP/CDD, OFAC, Red Flags Rule)
• Knowledge of OCC enterprise fraud risk management and FFIEC BSA/AML Manual
• Experience with fraud trend analysis and typology identification
• Strong cross-functional collaboration skills

Preferred Qualifications

• Experience investigating dealer channel fraud (power booking, VIN cloning, etc.)
• Experience maintaining dealer-level fraud scorecards
• Experience investigating collateral fraud in home equity lending
• Certified Fraud Examiner (CFE) designation or progress toward certification
• Experience reporting fraud metrics to management committees
• Familiarity with EPD review processes and OCC fraud loss classification

About the Company

At Upstart, we’re united by a mission that matters: to radically reduce the cost and complexity of borrowing for all Americans. As the leading AI lending marketplace, we partner with banks and credit unions to expand access to affordable credit through technology that’s both radically intelligent and deeply human.