Fraud Prevention Analyst (Management Analyst 3)

Thurston, WA Full Time
POSTED ON 3/25/2024
drs.wa.gov 
Are you passionate about protecting customer data and assets from fraudulent activity? Do you enjoy examining data to identify suspicious patterns of fraudulent behavior? Do you have strong attention to detail for documenting processes and implementing policies, procedures and internal controls that ensure the consistent application of fraud prevention activities across the organization?  If your answer is Yes, this role as a Fraud Prevention Analyst (Management Analyst 3) may be the perfect opportunity for you!  

The Opportunity: 

This recruitment is open until filled. The first review of applications will be April 2, 2024, so your prompt response is highly encouragedThe hiring manager reserves the right to close this recruitment and/or make a hiring decision at any time during the recruitment process. 


Reporting to the Risk Management Director, you will serve as a subject matter specialist on detecting and preventing fraudulent activities and safeguarding the information and benefits held by DRS on behalf of the over 900,000 members and annuitants of the eight retirement systems, 15 retirement plans and the Deferred Compensation Program administered by DRS

Some of what you’ll do: 

  • Assess current agency practices related to detecting and preventing external fraud risks. 

  • Use framework for the design of internal controlsdetermine where opportunities to revisit or update agency controls exist. 

  • Create maturity models and control maps to inform where improvements are most needed. 

  • Lead reviews of suspected external fraud referred to the unit and use reliable data to offer timely support and advice to divisions 

  • Collect and analyze fraud data to understand and consult on external fraud patterns and trends. 

  • Stay abreast of current external fraud risks in peer agencies 

  • Support other risk management programs focusing on controls, risk management, and privacy.  

NOTE:? After successful completion of the review period and effectively demonstrating the ability to perform work independently, you may be eligible to telework up to two days per week, at the discretion of the Risk Management Director and with a telework agreement in place. The ability to work remotely is dependent on the nature of the tasks and projects assigned and the presence of a remote work environment that is safe and has an appropriate level of reliable connectivity. You must live within a reasonable commuting distance (less than 50 straight-line miles) to the DRS building in Tumwater, WA, and must be willing to adjust your telework schedule to attend mandatory meetings, trainings, etc., at the DRS facility

What we’re looking for (required qualifications): 

  • Proven experience researching and analyzing processes, policies, laws, rules, or regulations and applying the information to improve business processes and/or internal controlsThis experience is typically gained from a minimum of three (3) years of full-time professional work experience (bachelor’s degree with focus on business, public administration, finance, forensic science, or a related field, OR an internal control certification from a nationally recognized certification body (i.e., COSO, ICI, etc.) may substitute for up to one (1) year of experience); 

  • Proven experience collecting and using verbal and written information to understand and analyze fraud schemes, identify fraud risks, perform root cause analysis, and identify gaps in controls (experience identifying and mitigating fraud in a government benefit program is highly desirable); 

  • Experience leading small or medium groups to map processes, do a fraud brainstorm, and identify control improvement opportunities is also highly desirable; 

  • Demonstrated skill and proficiency in the use of Microsoft Office products, including Word, Excel, PowerPoint, Teams and SharePoint (version 2016 or newer); 

  • Demonstrated ability to effectively manage and respond to frequent and rapid changes in workload and priorities; and 

  • Demonstrated proficiency in the following competency areas: 


Attention to Detail 

Plans and organizes time and resources efficiently. Follows processes and procedures in the completion of work. Carefully monitors the details and quality of work and double-checks work product to ensure accuracy and consistency. 

 

Commitment to Diversity 

Recognizes the value of diversity. Helps create an environment that embraces and supports diversity, equity and inclusion. 

 

Communication 

Effectively conveys information in writing and through the spoken word, using language that is appropriate to both the complexity of the topic and the knowledge and understanding of the audience. Sees communication as a vital component of high performing teams. 

 

Dependability 

Shows commitment, dedication and accountability in work. Works effectively and fulfills commitments made to customers, peers and team members. Is reliable in punctuality and attendance; can be counted on to get things done. 

 

Ethics, Integrity, Values and Trust 

Earns the trust, respect and confidence of others through consistent honesty, forthrightness, and professionalism in all interactions. Keeps confidences and admits mistakes. Is seen as being direct and truthful in all situations. Displays extremely high standards of integrity and ethical conduct and models the behaviors expected of others in the organization. 

Why Work for DRS? 

At DRS, we are one team. We administer eight public retirement systems, 15 retirement plans, and the Deferred Compensation Program, and we serve over 930,000 current and former public employees in Washington. Our customers include fire fighters, teachers and school employees, state and local government employees, and public safety and law enforcement officers.  

Regardless of what our specific duties may be, we are all dedicated to one purpose: ensuring our members have the information, tools, expertise and services that ensure they receive the retirement benefits earned while in public service. We foster a diverse and inclusive environment where team members are fully engaged and supported in meeting (and exceeding) our customers’ expectations. All DRS leaders are focused on providing the coaching, mentoring, resources and support that team members need to be successful. 

At DRS, team members enjoy: 

  • A modern work environment 

  • Flexible work schedules 

  • Free parking 

  • Commute Trip Reduction Program 

  • Infants at Work Program 

  • Tuition reimbursement 

  • Eligibility for Public Service Loan Forgiveness 

  • Opportunities for professional growth 

  • Subscription to LinkedIn Learning 

  • Commitment to team member safety and wellness 

  • Community involvement/charitable giving 


Interested applicants who meet the qualifications and competencies in this announcement are encouraged to apply for this opportunity. Be sure to complete all sections of the electronic application and answer all supplemental questions. Resumes will not be accepted in lieu of completing the work history section of the application template.?Applications with comments "see attachments" will be considered incomplete.?Only those applicants whose background and experience most closely matches the desirable qualifications and competencies of this position will be considered for this opportunity. 

Please attach the following to your online application: 

  • A cover letter clearly describing how your knowledge, skills and abilities align with the job duties and qualifications of this position; and 

  • A chronological resume outlining your experience to-date. 

Important Information: 

  • If you are the preferred candidate for this position, a professional reference from your current or most recent supervisor will be required; 

  • If you are current or recent state employee, we will also review your personnel file as part of our selection process; 

  • A job offer is contingent upon completion of a background check that includes a criminal record review; 

  • Candidates who are offered a job with DRS must possess work authorization that does not require sponsorship by the employer for a visa now or in the future; 

  • DRS complies with the employment eligibility verification requirements of the federal employment eligibility verification form, I-9. The selected candidate must be able to provide proof of identity and eligibility to work in the United States consistent with the requirements of that form on the first day of employment. 

Veteran's Preference: Applicants wishing to claim Veteran's Preference should attach a copy of their DD214 (Member 4 copy), NGB 22, or signed verification of service letter from the United States Department of Veterans Affairs to their application. Please remove or redact any personally identifiable information such as social security numbers and year of birth. For additional information on Veteran's Preference and guidance on how to determine if you are eligible,?click here.? 


The Washington State Department of Retirement Systems is an equal opportunity employer supporting diversity, equity and inclusion. DRS does not discriminate on the basis of age, sex, marital status, sexual orientation, gender identity, race, creed, color, national origin, honorably discharged veteran or military status, or the presence of any sensory, mental or physical disability or the use of a trained dog guide or service animal by a person with a disability. 


If you need assistance with the online application or have questions regarding the recruitment, please contact Human Resource office at?drs.recruitment@drs.wa.gov. Persons?of disability needing assistance in the application process, or those needing this announcement in an alternate format, may call the Human Resources Office at (360) 664-7208 or TTY Relay Service at 711. 

Come join our team! 


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