Fraud Analyst

Xai

New York +1 more

On-siteCareer-pivot friendly

Who this role is best for

Best suited to candidates with 2+ years in financial crime detection and strong communication skills working in fintech or digital banking environments.

Best fit for

Candidates with 2+ years in fraud investigation within fintech or digital banking environments
— “Minimum of 2 years of direct experience in fraud investigation, fraud operations, or fraud risk management within the financial services or fintech sector.”
Individuals who thrive in a flat organizational structure and take initiative in leadership roles
— “Leadership is given to those who show initiative and consistently deliver excellence.”
Professionals with a background in BSA/AML compliance and a keen interest in evolving fraud typologies
— “Stay current on emerging fraud typologies, AML regulations, and industry best practices.”

Things to consider

Must meet U.S. export regulations, which restrict eligibility to U.S. citizens or residents
— “To conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158”
The role demands direct collaboration with Engineering and senior management on complex cases
— “Collaborate with Engineering and senior management to investigate complex cases and recommend risk mitigation actions.”

How to stand out

Emphasize experience with transaction monitoring systems and fraud detection tools in your resume and interview
— “Experience using transaction monitoring systems, case management platforms, and fraud detection tools.”
Highlight your ability to document investigations and findings clearly for audit purposes
— “Maintain accurate documentation of investigations, findings, and decisions to support audit and regulatory examinations.”
Demonstrate your knowledge of SAR filing processes and FinCEN requirements in your application materials
— “Familiarity with SAR filing processes and FinCEN requirements.”
Showcase your ability to train others on fraud and AML red flags
— “Provide guidance and training to front-line staff on fraud and AML red flags as needed.”

Pace · SteadyCollaboration · HighAutonomy · MediumDecision Impact · CompanyLevel · Mid

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

support internal and external audits
assist in the development of transaction monitoring rules
stay current on emerging fraud typologies

Typical background

financial services or fintech sectorBSA/AML regulationsfraud investigation

Skills & requirements

Required

Fraud InvestigationAML ComplianceBSA ComplianceCustomer Due DiligenceTransaction Monitoring

Preferred

SAR Filing ProcessesFincen RequirementsEmerging Fraud Trends

Stack & domain

Fraud InvestigationBsa/amlOFAC SanctionsTransaction Monitoring SystemsCase Management PlatformsFraud Detection ToolsCustomer Due DiligenceEnhanced Due DiligenceSAR Filing ProcessesFincen RequirementsEmerging Fraud TrendsAnalytical SkillsCommunicationDocumentationTrainingPolicy And Procedure UpdatesCAMSCFEFinancial ServicesFintechDigital Banking

About the role

Original posting from Xai via Greenhouse

SpaceXAI’s mission is to create AI systems that can accurately understand the universe and aid humanity in its pursuit of knowledge. Our team is small, highly motivated, and focused on engineering excellence. This organization is for individuals who appreciate challenging themselves and thrive on curiosity. We operate with a flat organizational structure. All employees are expected to be hands-on and to contribute directly to the company’s mission. Leadership is given to those who show initiative and consistently deliver excellence. Work ethic and strong prioritization skills are important. All employees are expected to have strong communication skills. They should be able to concisely and accurately share knowledge with their teammates.
ABOUT THE ROLE:
We are seeking a Fraud Analyst to join our BSA/AML team. In this role, you will support the detection, investigation, and mitigation of financial crime risks, with a strong emphasis on fraud-related activity. You will play a key part in ensuring XMoney remains compliant with Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and related regulations while protecting the company and its customers from fraud and illicit activity.
RESPONSIBILITIES:
Monitor, investigate, and escalate potential fraud, money laundering, and suspicious activity alerts using transaction monitoring systems and case management tools.
Conduct thorough reviews of customer activity, account behavior, and transaction patterns to identify red flags related to fraud and financial crime.
Perform customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring reviews.
Collaborate with Engineering and senior management to investigate complex cases and recommend risk mitigation actions.
Maintain accurate documentation of investigations, findings, and decisions to support audit and regulatory examinations.
Assist in the development, testing, and tuning of transaction monitoring rules and fraud detection scenarios.
Stay current on emerging fraud typologies, AML regulations, and industry best practices; contribute to policy and procedure updates.
Support internal and external audits, regulatory exams, and independent reviews of the BSA/AML program.
Provide guidance and training to front-line staff on fraud and AML red flags as needed.
BASIC QUALIFICATIONS:
Minimum of 2 years of direct experience in fraud investigation, fraud operations, or fraud risk management within the financial services or fintech sector.
Working knowledge of BSA/AML regulations, OFAC sanctions, and related compliance frameworks.
Experience using transaction monitoring systems, case management platforms, and fraud detection tools.
Strong analytical skills with the ability to interpret complex data and identify patterns of suspicious or fraudulent activity.
Excellent written and verbal communication skills, including the ability to draft clear investigative narratives and regulatory filings.
PREFERRED SKILLS AND EXPERIENCE:
Experience in a fintech, payments, or digital banking environment.
CAMS, CFE, or other relevant compliance/fraud certifications.
Familiarity with SAR filing processes and FinCEN requirements.
Experience collaborating across Fraud, Compliance, and Risk functions.
Knowledge of emerging fraud trends (e.g., account takeover, synthetic identity, payment fraud, mule activity)
COMPENSATION AND BENEFITS:
$100,000 - $135,000 USD
Base salary is just one part of our total rewards package at xAI, which also includes equity, comprehensive medical, vision, and dental coverage, access to a 401(k) retirement plan, short & long-term disability insurance, life insurance, and various other discounts and perks.
ITAR REQUIREMENTS:
To conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.
SpaceXAI is an equal opportunity employer. For details on data processing, view our Recruitment Privacy Notice.

Source: Xai careers (Greenhouse)