Fraud and Risk Specialist

Posted Jan 4

Fraud & Risk Specialist

Remote

Paycor empowers leaders to develop winning teams. Our Human Capital Management (HCM) software modernizes every aspect of People Management from the way you recruit, onboard, develop, pay, and retain employees. Best of all? Our team is growing, and there’s never been a better time to join! If you love to Think Big, Dream Big, Compete to Win, and thrive in a fast-paced environment, we want to hear from you!

Job Summary

The Fraud & Risk Specialist will analyze the financial and fraud risk of existing client payrolls to identify high-risk activity and advise on appropriate action.

The Fraud & Risk Specialist partners with team members in the successful automation of Paycor’s Credit and Fraud due diligence data gathering and decisioning and communicates denials or conditions to applicable Paycor associates.

Essential Duties and Responsibilities

  • Perform ongoing risk assessments on current clients.
  • Communicate to appropriate Sales and Implementation associates when payroll activity requires additional follow up.
  • Coordinate with EFT associates to establish wire funding method where appropriate.
  • Serve as back-up to Accounts Receivable Specialists to collect delinquent accounts receivable and client fund returns.
  • Develop and implement additional risk analytics to identify other areas of potential exposure which need to be reviewed and approved prior to the payroll processing.
  • Work with Client Services on enhancements and adjustments to our internal job aids and talk tracks with the objective to improve the interactions Risk has with other departments.
  • Fully train on AML/BSA policy and fraud prevention procedures serving as the backup to the Fraud Analyst.
  • Research and address instances in which a client or client employee has been identified as being listed with OFAC or other government sanctions list.
  • Provide subject matter expertise to other team members when there is a question, concern, or issue.

Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements are representative of the knowledge, skill, and/or ability required.

  • Four-year degree or minimum of 5 years of work experience in A/R, Credit or other related financial field.
  • Ability to prioritize high-volume, time-sensitive workload at peak times, and juggle multiple competing demands with similar deadlines.
  • Ability to exercise good judgment within established guidelines.
  • Computer skills including Microsoft Office Suite. Intermediate Excel and strong data entry skills are required.
  • Strong interpersonal, verbal and written communication skills.
  • Professional but firm demeanor.
  • Strong problem solving and analytical skills.

Paycor Total Rewards

Paycor has an exciting, growth-focused culture, and we pride ourselves in providing best-in-class benefits to take care of our people. Some of our most popular benefits include:

  • A flexible virtual-first work philosophy
  • 401(k) with $.65 match for every dollar contributed up to 6% of eligible pay
  • Generous paid time off in addition to 10 paid holidays (including YOUR Holiday to celebrate a day or holiday you hold special)
  • Three medical plan options – including one with $0 cost to Associates
  • Our Employee Stock Purchase Plan, which enables you to buy PYCR stock at a discount

We also offer competitive compensation based on your education, experience, and training. For more information about our total rewards, please visit www.mypaycorbenefits.com.

Paycor Total Rewards

We are proud to provide best-in-class benefits delivering a personal and professional experience that meets you where it matters most – the well-being of you and your loved ones.

Highlights include:

  • A flexible virtual-first work philosophy
  • An initial equity award in Restricted Stock Units (RSUs) for all new Associates and on-going award opportunities to participate in the value created through Paycor’s growth
  • 401(k) with $.65 match for every dollar contributed up to 6% of eligible pay
  • Generous paid time off in addition to 10 paid holidays (including YOUR Holiday to celebrate a day or holiday you hold special)
  • Three medical plan options – including a $0 cost option and travel & lodging support to ensure access to medical care
  • Paid leave for birth parents, non-birth parents, elder caregivers, and military support
  • Sabbatical opportunities for tenured Associates
  • Employee Stock Purchase Plan, which enables you to buy PYCR stock at a 15% discount
  • Inclusive and accessible Employee Assistance Program (EAP) to help with everyday challenges

We also offer competitive compensation determined by each individual’s relevant experience, skills, and education. We anticipate the base pay for this position to be between $17.65/hr – $28.26/hr. In addition to base pay, Paycor Associates are eligible for a performance-based annual bonus. If your desired salary falls outside of these rates, we hope you’ll still apply as there may be other positions that better align.