OPT Fraud Specialist Jobs
Fraud Specialist roles involve investigating financial crimes, analyzing suspicious transactions, and protecting organizations from fraud losses. F-1 OPT students with degrees in finance, criminal justice, or data analytics qualify. Your 12-month OPT window is sufficient for most employer onboarding timelines, and STEM OPT extension may apply if your degree qualifies.
Find OPT Fraud Specialist JobsOverview
Showing 5 of 30+ Fraud Specialist jobs
See all 30+ Fraud Specialist Jobs
Sign up for free to unlock all listings, filter by visa type, and get alerts for new Fraud Specialist roles.
Get Access To All JobsINTRODUCTION
Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We’re nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We’re investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.
The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.
JOB PURPOSE & SCOPE
Performs complex reviews of high-risk activity leveraging internal and external data sources to detect and mitigate fraud loss for stakeholders.
ESSENTIAL JOB FUNCTIONS:
- Performs proactive fraud reviews derived from various alert and non-alert based sources to minimize fraud impacts.
- Responds to fraud incidents as described within the Bank’s Fraud Risk Management Program.
- Researches and forms initial determinations for moderately complex situations to mitigate potential losses to the Bank and stakeholders while providing detailed documentation.
- Analyzes and investigates unusual activity and transactional patterns through account surveillance, review of client background information, monetary transactions, and branch escalations while responding quickly to high-risk incidents.
- Utilizes various systems to accurately document fraud attempts, trends, and loss events.
- Conducts due diligence research within various third party and internal databases to make fraud determinations.
- Reviews various reporting and provides approvals and guidance to front-line employees.
- Engages management on fraud-related incidents and emerging trends and makes recommendations for process improvement.
KNOWLEDGE, SKILLS & ABILITIES:
- Knowledge of banking laws and regulations.
- Ability to communicate effectively and efficiently both verbally and in writing with all levels of management and staff.
- Ability to handle moderately complex situations requiring analysis or research while using independent judgement.
- Ability to work under general supervision.
- Ability to exercise discretion and sound judgment in decision making and maintain confidentiality.
- Ability to demonstrate initiative to accomplish work objectives.
- Ability to apply logic, interpret documents, and demonstrate ability to comply with procedures.
- Ability to work effectively in a fast paced and team environment.
- Ability to multi-task with excellent organizational skills.
- Ability to read and analyze data for suspicious behavior.
- Ability to maintain attention to detail.
- Ability to demonstrate effective time management skills and meet deadlines in a timely manner.
- Ability to work effectively and demonstrate flexibility in a continually changing environment.
- Ability to work extended hours.
- Skill in using a computer and Microsoft Office, including Outlook, Word, Excel, and PowerPoint.
BASIC QUALIFICATIONS:
- Bachelor’s degree or commensurate work experience, required.
- One (1) or more years of work experience in fraud detection and/or Bank Secrecy Act reporting, required.
- One (1) or more years of prior financial institution work experience required.
JOB EXPECTATIONS:
Operate customary equipment and technology used in a business environment, with or without accommodation.
Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.
LI-KC1
EEO STATEMENT:
Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.
INTRODUCTION
Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We’re nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We’re investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.
The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.
JOB PURPOSE & SCOPE
Performs complex reviews of high-risk activity leveraging internal and external data sources to detect and mitigate fraud loss for stakeholders.
ESSENTIAL JOB FUNCTIONS:
- Performs proactive fraud reviews derived from various alert and non-alert based sources to minimize fraud impacts.
- Responds to fraud incidents as described within the Bank’s Fraud Risk Management Program.
- Researches and forms initial determinations for moderately complex situations to mitigate potential losses to the Bank and stakeholders while providing detailed documentation.
- Analyzes and investigates unusual activity and transactional patterns through account surveillance, review of client background information, monetary transactions, and branch escalations while responding quickly to high-risk incidents.
- Utilizes various systems to accurately document fraud attempts, trends, and loss events.
- Conducts due diligence research within various third party and internal databases to make fraud determinations.
- Reviews various reporting and provides approvals and guidance to front-line employees.
- Engages management on fraud-related incidents and emerging trends and makes recommendations for process improvement.
KNOWLEDGE, SKILLS & ABILITIES:
- Knowledge of banking laws and regulations.
- Ability to communicate effectively and efficiently both verbally and in writing with all levels of management and staff.
- Ability to handle moderately complex situations requiring analysis or research while using independent judgement.
- Ability to work under general supervision.
- Ability to exercise discretion and sound judgment in decision making and maintain confidentiality.
- Ability to demonstrate initiative to accomplish work objectives.
- Ability to apply logic, interpret documents, and demonstrate ability to comply with procedures.
- Ability to work effectively in a fast paced and team environment.
- Ability to multi-task with excellent organizational skills.
- Ability to read and analyze data for suspicious behavior.
- Ability to maintain attention to detail.
- Ability to demonstrate effective time management skills and meet deadlines in a timely manner.
- Ability to work effectively and demonstrate flexibility in a continually changing environment.
- Ability to work extended hours.
- Skill in using a computer and Microsoft Office, including Outlook, Word, Excel, and PowerPoint.
BASIC QUALIFICATIONS:
- Bachelor’s degree or commensurate work experience, required.
- One (1) or more years of work experience in fraud detection and/or Bank Secrecy Act reporting, required.
- One (1) or more years of prior financial institution work experience required.
JOB EXPECTATIONS:
Operate customary equipment and technology used in a business environment, with or without accommodation.
Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.
LI-KC1
EEO STATEMENT:
Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.
See all 30+ OPT Fraud Specialist Jobs
Sign up for free to unlock all listings, filter by visa type, and get alerts for new OPT Fraud Specialist Jobs.
Get Access To All JobsTips for Finding OPT Sponsorship as a Fraud Specialist
Target financial institutions and fintech companies
Banks, credit unions, and fintech firms hire fraud specialists regularly and have established OPT sponsorship pipelines. These employers are familiar with work authorization timelines and are more likely to file H-1B visa petitions for strong performers.
Highlight your analytical and data skills
Fraud roles increasingly rely on SQL, Python, and machine learning for anomaly detection. Candidates who can demonstrate hands-on experience with transaction data or fraud modeling stand out significantly from applicants with only investigative backgrounds.
Get your CAMS certification or start studying
The Certified Anti-Money Laundering Specialist credential signals serious commitment to compliance and fraud prevention. Many employers list it as preferred or required, and pursuing it during OPT demonstrates professional investment that supports future H-1B sponsorship conversations.
Understand your STEM OPT eligibility before applying
If your degree is in data science, statistics, or a qualifying STEM field, you may be eligible for a 24-month OPT extension. Confirming this early gives employers more confidence when considering you for sponsorship after your initial authorization period.
Frame your OPT status clearly in applications
Disclose your authorization status upfront and specify your end date. Employers in fraud and compliance roles are accustomed to background checks and documentation requirements, so proactive transparency about your OPT timeline removes friction from the hiring process.
Prepare to discuss fraud scenarios in interviews
Fraud Specialist interviews often include case-based questions about identifying suspicious patterns or escalating alerts. Practicing structured responses using real examples from internships or coursework demonstrates investigative judgment, which is exactly what sponsoring employers look for.
Fraud Specialist OPT: Frequently Asked Questions
Can F-1 OPT students work as Fraud Specialists?
Yes. F-1 students authorized for OPT can work as Fraud Specialists as long as the role is directly related to your degree field. Degrees in finance, accounting, data analytics, criminal justice, and information systems all commonly support Fraud Specialist positions. Confirm the connection between your major and the job description before applying.
Do Fraud Specialist employers typically sponsor H-1B visas?
Many do, particularly large financial institutions, insurance companies, and fintech firms with dedicated compliance teams. These employers sponsor H-1B petitions for high-performing OPT employees regularly. Smaller firms and regional banks are less consistent. Searching Migrate Mate filters for visa-sponsoring employers helps you focus your applications on companies with a track record of sponsorship.
Does a Fraud Specialist role qualify for STEM OPT extension?
It depends on your degree, not the job title. If your degree is in a STEM-designated field such as data science, statistics, information systems, or mathematics, you may qualify for the 24-month STEM OPT extension. Fraud roles that involve data modeling or quantitative analysis often support this connection. Confirm your CIP code with your Designated School Official.
What degrees support a Fraud Specialist OPT job?
Finance, accounting, economics, data analytics, computer science, criminal justice, and information systems degrees all align well with Fraud Specialist roles. USCIS requires that your OPT employment be directly related to your major area of study, so you should be able to explain how your coursework connects to the investigative or analytical work the role requires.
How much time do I have on OPT to transition to H-1B sponsorship as a Fraud Specialist?
Standard OPT gives you 12 months. If you qualify for STEM OPT, you can extend by 24 months, giving you up to 36 months total. The H-1B lottery runs once per year with a filing window in March, so timing matters. Starting a Fraud Specialist role by April or May of your OPT year gives you the best chance of being included in that cycle.