First Entertainment Credit Union is looking for a GRC Fraud Analyst who resides within Enterprise Risk Management (ERM) and provides independent second-line oversight of enterprise fraud risk across products, channels, technologies, and third-party relationships.
The GRC Fraud Analyst partners closely with Fraud Operations, Compliance, Technology, Innovation, Legal, and Business Leaders to ensure fraud risks are identified, assessed, monitored, and governed within the organization’s risk appetite. This position also supports responsible innovation, data-driven risk practices, and forward-looking fraud risk management aligned with regulatory expectations.
This is a full-time opportunity reporting to the VP, ERM. Candidates must reside within Arizona, California, Colorado, Florida, Georgia, Idaho, Nevada, New Mexico, New Mexico, Ohio, Texas, and Washington to be considered. Candidates who reside within the Los Angeles county are expected to work with our hybrid work model. Depending on the location, the targeted salary for someone in the state of California is between $90k ~$110k.
Responsibilities
Enterprise Fraud Risk Oversight (Second Line)
- Provide independent ERM oversight of fraud risk across all business lines and delivery channels.
- Develop, maintain, and refresh enterprise fraud risk assessments, scenarios, and typologies.
- Map fraud risks to products, processes, technologies, and third-party relationships.
- Align fraud risk ratings with enterprise risk appetite statements, tolerances, and limits.
- Assess the design and effectiveness of fraud prevention and detection controls.
- Support and challenge first-line Fraud Operations through RCSAs, control reviews, and issue validation.
- Track fraud-related issues, action plans, and remediation through closure.
- Contribute to fraud-related policies, standards, procedures, and governance documentation.
- Leverage data analytics, dashboards, and key risk indicators (KRIs) to identify trends and emerging fraud risks.
- Support fraud risk considerations for innovation initiatives, including advanced monitoring, rule optimization, behavioral analytics, and AI/ML-enabled fraud controls.
- Conduct horizon scanning for new fraud typologies related to digital banking, payments, fintech partnerships, and evolving customer behavior.
- Partner with Technology and Innovation teams to assess fraud risk impacts of new products, platforms, and integrations.
- Prepare executive-level and board-ready fraud risk reporting.
- Monitor fraud losses, near misses, KRIs, and control effectiveness.
- Provide risk-based insights on residual risk, trends, concentrations, and forward-looking exposure.
- Support enterprise risk committees, working groups, and governance forums.
- Support regulatory exams, internal audits, and independent reviews related to fraud risk management.
- Ensure fraud risk oversight aligns with applicable laws, regulations, and supervisory guidance, including Reg E, NACHA, UCC, GLBA, BSA/AML, and NCUA/OCC expectations.
- Assist in drafting management responses and remediation plans for fraud-related findings.
- Partner with Fraud Operations, Compliance, Cybersecurity, Legal, Internal Audit, and Business Leaders
- Support third-party and vendor fraud risk assessments.
- Serve as an ERM advisor on fraud risk for strategic initiatives and innovation programs.
At First Entertainment, your role and every role are essential to our Mission [We build lifelong financial relationships with the people in entertainment based on a deep understanding of how they live and work], Core Values [Members First + Ownership + Integrity + Innovation + Inclusivity + One Team], and we expect you to uphold them.
Requirements
- Bachelor’s degree in Risk Management, Finance, Business, Data Analytics, or a related field.
- 3–7 years of experience in fraud risk, ERM, GRC, compliance, audit, or financial crime.
- Strong understanding of fraud typologies, risk assessment methodologies, and internal control frameworks.
- Experience preparing risk assessments, issue management documentation, and senior management reporting.
- Experience in banking, credit unions, fintech, or other regulated financial institutions highly preferred.
- Familiarity with GRC platforms such as Archer, MetricStream, or ServiceNow GRC a plus.
- Exposure to fraud analytics, automation, AI/ML tools, or innovation programs preferred.
- Professional certifications such as CFE, CRISC, CAMS, CIA, or similar desired.
- Proficiency in Microsoft Office Suite products.
- Effective communication skills across all audience levels.
- Ability and flexibility to travel to HQ for business meetings as requested.
Skills Required
- Bachelor's degree in Risk Management, Finance, Business, Data Analytics, or related field
- Reside within AZ, CA, CO, FL, GA, ID, NV, NM, OH, TX, or WA (Los Angeles County candidates hybrid expected)
- 3-7 years of experience in fraud risk, ERM, GRC, compliance, audit, or financial crime
- Strong understanding of fraud typologies, risk assessment methodologies, and internal control frameworks
- Experience preparing risk assessments, issue management documentation, and senior management reporting
- Experience in banking, credit unions, fintech, or other regulated financial institutions
- Familiarity with GRC platforms (Archer, MetricStream, ServiceNow GRC)
- Exposure to fraud analytics, automation, AI/ML tools, or innovation programs
- Professional certifications such as CFE, CRISC, CAMS, CIA, or similar
- Proficiency in Microsoft Office Suite products
- Effective communication skills across all audience levels
- Ability and flexibility to travel to HQ for business meetings as requested
What the Team is Saying
First Entertainment Credit Union Compensation & Benefits Highlights
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Leave & Time Off Breadth — PTO includes a minimum of four weeks for full‑time new hires, plus sick days, holidays, and volunteer time off.
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Healthcare Strength — Medical, dental, vision, FSAs, life/AD&D, an EAP, gym reimbursement, and mental‑health resources (such as a Calm subscription) are part of the core package.
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Retirement Support — A 401(k) with employer match is offered with potential profit‑sharing contributions.
First Entertainment Credit Union Insights
What We Do
Named one of the top 10 Credit Union in California by Forbes, First Entertainment Credit Union has been the financial ally since 1967 for the creators of entertainment and those who support them. With more than 2.1 billion in assets and over 90,000 members, we are constantly looking for talents to help us build a high trust, high performance and workplace of choice culture while growing our business. As a teammate, you will enjoy an inclusive workplace culture and an employer-of-choice environment. At First Entertainment Credit Union we believe Your Story Matters and that includes our members, employees, community, and those interested in joining our growing team.
Why Work With Us
At First Entertainment, we believe our teammates are capable of great things. We celebrate their commitment to excellence and aim to foster that dedication through both professional and personal growth. We don't believe in merely employing workers but in empowering future leaders. We help our teammates bring their own career stories to life.
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First Entertainment Credit Union Teams
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Hybrid Workspace
Employees engage in a combination of remote and on-site work.
