Fraud Analyst, Secured Lending
Employment Information
Report this job
Job expired or something wrong with this job?
Job Description
Fraud Analyst investigating secured-lending fraud for Upstart’s AI lending marketplace. Analyzing typologies, preparing SAR referrals, and strengthening fraud controls across lending operations.
Responsibilities:
- Own first-line fraud detection and investigation across assigned secured lending product lines
- Investigate suspicious activity and fraud indicators across application, origination, and servicing
- Investigate application, identity, income/employment, collateral, occupancy, valuation, loan stacking, and dealer-related fraud typologies
- Prepare fraud escalation and SAR referral packages documenting facts, evidence, typology, and recommendations
- Conduct early payment default fraud file reviews for loans reaching 60+ days past due within 90 days of origination
- Monitor and analyze fraud trends across origination channels, dealers, geographies, synthetic identity patterns, and channel-level risk signals
- Produce fraud metrics and trend reporting
- Maintain Auto dealer fraud scorecards and channel-level fraud indicator tracking, including pattern-based referrals and dealer suspension triggers
- Triage fraud-related alerts from the QC Engine and provide feedback to improve detection rules and origination controls
- Coordinate with Operations, Compliance, Legal, and Risk on fraud controls, law enforcement information requests, and regulatory response support
- Identify regulatory fraud risks and support compliance with applicable OCC, FFIEC, BSA/AML, Red Flags Rule, and product-specific requirements
- Maintain audit-ready investigation records, typology documentation, and program evidence for examinations
Requirements:
- 3+ years of experience in fraud investigation, fraud analytics, or financial crimes within consumer lending, banking, or a regulated financial institution
- Bachelor's degree or equivalent practical experience
- Experience investigating consumer lending fraud, including application, identity, income/employment, and collateral fraud
- Experience preparing fraud investigation case documentation, evidence assemblies, typology analyses, and written escalation packages
- Familiarity with SAR referral processes and 12 CFR 21.11 SAR thresholds and timelines
- Working knowledge of BSA/AML requirements applicable to consumer lending, including CIP/CDD, OFAC screening, suspicious activity monitoring, and Red Flags Rule obligations
- Working knowledge of OCC enterprise fraud risk management and FFIEC BSA/AML Manual requirements
- Experience with fraud trend analysis, application fraud-rate monitoring, typology identification, and channel/geographic concentration analysis
- Ability to manage workload, meet deadlines, and proactively communicate risk with minimal supervision
- Strong cross-functional collaboration skills with Operations, Compliance, Legal, and Risk
- Preferred: dealer-channel fraud investigation experience, including power booking, ghost down payments, straw purchases, VIN cloning, title washing, and F&I product abuse
- Preferred: dealer-level fraud scorecards and monitoring or suspension workflows
- Preferred: collateral fraud investigation in home equity lending
- Preferred: CIP/CDD execution and fraud red flags in account draw activity and maintenance
- Preferred: fraud indicators across income, identity, appraisal, and title documentation
- Preferred: Certified Fraud Examiner (CFE) designation or progress toward certification
- Preferred: fraud metrics reporting to management committees
- Preferred: EPD review processes and OCC fraud loss classification requirements
- Preferred: translating investigation findings into examination-ready documentation
- Preferred: collaboration across fraud, compliance, legal, and quality control functions in fintech
Benefits:
- Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly
- 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually
- Employee Stock Purchase Plan (ESPP) with discounted stock purchase options for eligible employees (US only)
- Comprehensive health coverage, including medical, dental, vision, and wellness resources
- Health Savings Account contributions from Upstart for eligible plans (US only)
- Life insurance and disability coverage
- Paid time off, sick leave, and company holidays
- Paid family and parental leave
- Family-centered benefits supporting fertility, parenthood, and caregiving
- Employee Assistance Program (EAP) offering mental health support and life-centered resources
- Financial planning tools and financial concierge service (US only)
- Annual wellness allowance
- Annual productivity allowance for relevant tools and resources
- Team events, all-company updates, and employee resource groups (ERGs)
- Onsite perks, including catered lunches and fully stocked micro-kitchens when working from an office
Similar Jobs
Quality Review and Audit Analyst
Risk Adjustment Quality Analyst reviewing medical records, HCC coding, and CMS compliance for Cigna Healthcare. Auditing data and supporting compliant health-plan risk-adjustment programs.
Analista de Requisitos Pleno
Analista de Requisitos na Vox, empresa de soluções digitais para gestão pública. Levantando, documentando e validando requisitos para projetos de tecnologia.
IT Operational Analyst
IT Operational Analyst improving Liberty Dental Plan’s business systems and technology operations. Translating stakeholder needs into technical solutions and supporting continuous process improvement remotely across the United States.
IT Service Request Analyst
IT Request Fulfilment Analyst managing service requests, hardware provisioning, assets, and supplier coordination for Evri. Improving IT service performance through ServiceNow, SLA management, reporting, and accurate CMDB records.
Clinical Quality Performance Analyst
Clinical quality analyst supporting CVAUSA’s cardiovascular quality initiatives through SQL, Power BI, and clinical data analysis. Developing dashboards and insights to improve evidence-based patient care and outcomes.
Enrollment Analyst – ACA Enrollment
Enrollment Analyst processing ACA/Marketplace transactions for Peak Health’s health plan. Reconciling CMS records, validating eligibility, and supporting compliant enrollment operations.
Enrollment Analyst – ACA Enrollment
Enrollment Analyst processing ACA Marketplace transactions, eligibility, reconciliations, and member records for WVU Medicine’s Peak Health plan. Supporting CMS compliance, Open Enrollment, UAT, training, and process improvement.
Deal Desk Analyst
Deal Desk Financial Analyst structuring non-standard commercial agreements for Twilio’s communications platform. Modeling deal economics, managing Salesforce/CPQ workflows, and advising Sales, Legal, and Finance on pricing and margin.
Logistics Analyst
Logistics Analyst supporting F-35 inventory accountability and audit readiness for U.S. defense programs. Traveling extensively to conduct inventories, analyze lost property, and prepare site reports.
Epic Certified Applications Analyst – ASAP, Clin Doc
Epic Applications Analyst maintaining and enhancing Valley Health’s healthcare EHR systems. Managing system support, upgrades, testing, projects, and end-user solutions.
Senior Bank Reconciliation Analyst
Senior Bank Reconciliation Analyst managing custodial and clearing-account reconciliations for Selene Holdings’ mortgage servicing business. Ensuring regulatory compliance, resolving discrepancies, and improving reconciliation processes.
Analyst Team Lead
Senior insights analyst leading social-media analytics and reporting for DataEQ, which turns customer-feedback data into enterprise CX and risk insights. Presenting actionable findings and guiding methodology, clients and analyst-team development.
Strategic Provider Relationship Analyst
Provider Relationship Analyst strengthening Medicare Advantage provider networks for Blue Cross NC. Managing contracts, reimbursement analysis, education, compliance, and stakeholder issue resolution.
Senior Provider Relations Analyst – Contract Negotiation
Senior analyst managing independent pharmacy provider contracts for Prime Therapeutics, a pharmacy benefit management company. Resolving contract inquiries, compliance issues, and provider grievances.
Analista de Modelagem Pleno
Analista de Modelagem Pleno desenvolvendo modelos de risco de crédito com Python e Machine Learning na Experian. Analisando grandes bases de dados e traduzindo resultados em insights para clientes e áreas internas.
Analyste financier – services administratifs
Analyste financier chez Canam, fabricant de structures métalliques, responsable de l’analyse SG&A au Canada. Prévisions, clôtures financières et conseil stratégique auprès des gestionnaires.
Joint Facilities Analyst
Joint Facilities Analyst supporting Metronet’s fiber-optic network expansion through utility research, agreement administration, and compliance. Coordinating infrastructure records and utility partners to keep construction projects on schedule.
Senior Credit Analyst
Senior Credit Analyst shaping credit-card underwriting and portfolio strategies at Monzo, a UK digital bank. Analyzing profitability, risk, and customer outcomes across lending products.
PMO Analyst
PMO Analyst supporting the Change & Transition Delivery team at Target. Managing business change initiatives and ensuring projects are well governed and set up for success.
Contract Analyst I
Contract Analyst managing invoicing and contract activities within clinical research for ICON. Collaborating with internal teams and ensuring compliance with budgeting and clinical agreements.