Full-Time

Fraud Support Associate I

Posted on 1/15/2025

M&T Bank

M&T Bank

10,001+ employees

Full-service banking for individuals and businesses

Financial Services

Compensation Overview

$21 - $34.29Hourly

Entry, Junior

Bridgeport, CT, USA

Hybrid position requiring 2 days per week onsite.

Category
Customer Support
Customer Success & Support
Required Skills
Risk Management
Customer Service
Data Analysis
Requirements
  • Associates degree, OR in lieu of a degree, a combined minimum of 2 years’ higher education and/or related work experience.
  • Proficient in the use of personal computers, including work processing, spreadsheet, presentations and industry-specific software.
  • Experience communicating effectively with all levels of personnel.
  • Experience making decisions quickly and accurately as well as handling multiple tasks simultaneously.
  • Displayed ability to work with minimal supervision.
  • Ability to work holidays and be flexible in terms of work scheduling.
Responsibilities
  • Identify and/or address customer needs to incoming questions regarding Digital and Card exclusions.
  • Research and resolve customer issues related to web banking and Card transactions in a timely and accurate manner. Including but not exclusive making decisions regarding the placement of exclusions by researching the current activity and analyzing the normal pattern of activity to mitigate potential losses.
  • Escalate and ensure resolution of complex problems as appropriate.
  • Change user credentials and reissue cards as necessary when fraud is suspected.
  • Place exclusions for Digital and Card access to allow authorized transactions to properly process.
  • Research and respond to inquiries for additional information from Internal Departments regarding ongoing investigations. May be responsible for providing detailed client information to Investigators as well as making outbound calls to obtain needed information.
  • Responsible for customer issue until resolution or escalation and follow-up with the customer once servicing is complete to ensure their immediate needs and expectations have been met.
  • Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Desired Qualifications
  • Minimum of 1 year of customer service related fraud experience.
  • Experience working with Contact Center systems.
  • Experience working in a fast-paced environment

M&T Bank provides a variety of banking services to individuals, small businesses, and larger enterprises. Its offerings include mortgage assistance programs, personal and business checking accounts, and mobile banking solutions. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a customer-focused approach. M&T Bank's business model is based on traditional banking services such as loans, deposits, and investment products, generating revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded its services and market presence.

Company Stage

IPO

Total Funding

N/A

Headquarters

Buffalo, New York

Founded

1993

Simplify Jobs

Simplify's Take

What believers are saying

  • M&T Bank's $1.5 billion senior notes offering strengthens its financial position.
  • Decreased prime rate may attract more borrowers, increasing loan volume.
  • Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

What critics are saying

  • Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.
  • Integration challenges from the United Bank merger may disrupt operations.
  • Decreased prime rate could reduce interest income, impacting profitability.

What makes M&T Bank unique

  • M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.
  • The bank offers a wide range of traditional and digital banking services.
  • Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Help us improve and share your feedback! Did you find this helpful?

Benefits

401(k) Company Match

401(k) Retirement Plan

Flexible Work Hours

Hybrid Work Options

Paid Vacation

Paid Holidays

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account