Compliance/Fraud Analyst
Not Disclosed•Full-TimeHybrid
location_onWestborn Market, 860, Penniman Avenue, Plymouth, Wayne County, Michigan, 48170, United States
About Michigan Educational Credit Union
Michigan Educational Credit Union (MECU) is dedicated to serving its members with integrity and excellence. Our Compliance and Fraud department plays a critical role in safeguarding the institution by ensuring we operate in strict accordance with applicable laws, regulations, and internal policies. We foster a culture of accountability and continuous improvement, where every team member contributes to the security and trust of our financial community.
About the Role
The Compliance/Fraud Analyst is an entry-level to early-career position designed for individuals eager to launch a career in financial institution compliance, risk management, or audit. This role serves as the backbone of our compliance management program, providing essential support in regulatory monitoring, policy reviews, and operational oversight.
In this position, you will work closely with various departments across the organization, including Branch Operations, Lending, Digital Services, and Information Security. Your day-to-day activities will involve monitoring fraud alert queues, reviewing suspicious activity notifications, and assisting with investigations into potential account takeovers or policy exceptions. You will also support audit preparations, maintain compliance logs, and help ensure that our member-facing materials adhere to regulations such as Reg E, Reg Z, and BSA/AML requirements.
This is a unique opportunity to build a strong foundation in the credit union industry. The role offers significant growth potential within compliance, risk management, and fraud prevention functions, with ongoing training and professional development opportunities available to support your career advancement.
Work Environment & Location
This position is based on-site with hybrid flexibility determined by departmental needs and performance. You will work in an office environment that requires regular interaction with multiple departments and members. The role involves extended periods of computer work, occasional lifting of up to 15 pounds, and the ability to manage changing priorities and interruptions.
Hiring Process & Application
We are seeking motivated and detail-oriented candidates to join our team. If you are ready to apply your analytical skills and commitment to excellence in a dynamic financial environment, we encourage you to submit your application. Please note that starting pay is $25.00 per hour, with the rate potentially varying based on experience.
Equal Opportunity Employer
Michigan Educational Credit Union is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and members. We consider qualified applicants regardless of background, race, color, religion, gender, sexual orientation, national origin, disability, or veteran status.
Work location
Work model: Hybrid
Westborn Market, 860, Penniman Avenue, Plymouth, Wayne County, Michigan, 48170, United States
Plymouth, Michigan
Key Responsibilities
- check_circleMonitor and track regulatory updates impacting the credit union
- check_circleSupport ongoing compliance reviews and maintain compliance logs
- check_circleMonitor fraud alert queues and review suspicious transaction notifications
- check_circleConduct fraud investigations by gathering transaction details and documentation
- check_circleAssist with updates and maintenance of compliance-related policies and procedures
- check_circleSupport internal and external audits by gathering documentation and tracking findings
- check_circlePrepare reports and spreadsheets for management review
- check_circleAssist with employee compliance training assignments and tracking
- check_circleConduct regulatory research on rules such as Reg E, Reg Z, BSA/AML, and OFAC
- check_circle
Requirements
- verified1-2 years of experience in banking, credit union operations, compliance, audit, risk management, or related administrative roles
- verifiedProficiency in Microsoft Office products including Excel, Word, and Outlook
Nice to Have
1-2 years of experience in banking, credit union operations, compliance, audit, risk management, or related administrative roles. Previous customer service or financial institution experience. Experience in credit union regulations and compliance practices.
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Frequently asked questions about Compliance/Fraud Analyst at Michigan Educational Credit Union
What does a Compliance/Fraud Analyst at Michigan Educational Credit Union do?expand_more
A Compliance/Fraud Analyst at Michigan Educational Credit Union is responsible for the following: Monitor and track regulatory updates impacting the credit union; Support ongoing compliance reviews and maintain compliance logs; Monitor fraud alert queues and review suspicious transaction notifications; and Conduct fraud investigations by gathering transaction details and documentation.
What are the requirements for this Compliance/Fraud Analyst role?expand_more
To qualify for the Compliance/Fraud Analyst at Michigan Educational Credit Union position, applicants should have: 1-2 years of experience in banking, credit union operations, compliance, audit, risk management, or related administrative roles; and Proficiency in Microsoft Office products including Excel, Word, and Outlook.
Where is the Compliance/Fraud Analyst role at Michigan Educational Credit Union located?expand_more
Compliance/Fraud Analyst at Michigan Educational Credit Union is based in Westborn Market, 860, Penniman Avenue, Plymouth, Wayne County, Michigan, 48170, United States. This is a hybrid role.
Is this Compliance/Fraud Analyst job remote, hybrid, or on-site?expand_more
Michigan Educational Credit Union has listed this Compliance/Fraud Analyst role as hybrid.
How much experience is required for this Compliance/Fraud Analyst role?expand_more
Compliance/Fraud Analyst at Michigan Educational Credit Union typically requires 1–2 years of relevant experience at the entry level level.
What skills do you need for the Compliance/Fraud Analyst role at Michigan Educational Credit Union?expand_more
Key skills for Compliance/Fraud Analyst at Michigan Educational Credit Union include Microsoft Office; Excel; Word; Outlook; Reg E; Reg CC; Reg DD; and Reg Z.
What category does the Compliance/Fraud Analyst role belong to?expand_more
Compliance/Fraud Analyst at Michigan Educational Credit Union is part of the accounting & finance job category on Recrutus.
About Michigan Educational Credit Union
Michigan Educational Credit Union operates within the banking industry, providing financial services to residents in Metro Detroit and the surrounding counties. Headquartered in Plymouth, Michigan, this credit union focuses on serving the local community with accessible financial solutions. The organization maintains a presence across multiple counties in the region, aiming to support the economic well-being of its members. As a community-focused institution, it offers standard banking products tailored to the needs of individuals and families in the area. The credit union emphasizes local engagement and financial stability for those it serves in the greater Detroit metropolitan region.
Browse more roles: All Michigan Educational Credit Union jobs, accounting & finance jobs on Recrutus.