Fraud Investigations Analyst

Gusto is seeking a Fraud Investigations Analyst to join its Fraud Investigations team.

The Fraud Investigations Analyst will conduct end-to-end fraud investigations involving account takeover, business email compromise, identity theft, payment fraud, and other emerging fraud typologies.

Using a combination of investigative expertise, open-source intelligence, internal data, and AI-enabled tools, the Analyst will identify root causes, assess risk, and document investigative findings.

The ideal candidate will have 5+ years of fraud investigations, fraud detection, or similarly complex investigative work within a financial institution, FinTech, payment processor, or regulated environment.

Responsibilities:

• Analyze account activity, transactional behavior, authentication data, customer communications, and external intelligence sources to surface fraud indicators and build well-supported investigative narratives
• Synthesize investigative findings into clear case narratives and prepare Unusual Activity Referrals (UARs) for Financial Crime Compliance partners when appropriate; escalate high-risk events with sound, risk-based remediation recommendations
• Support customers impacted by fraud and coordinate with external banking partners on fund recovery efforts, including Letters of Indemnity
• Leverage AI-enabled tools to accelerate research, evidence gathering, and documentation, while critically validating AI-generated outputs for accuracy and compliance with Gusto's AI policies
• Collaborate with Risk, Compliance, Product, Engineering, and Data Science to surface emerging threats, close control gaps, and improve investigative tooling and AI-assisted workflows

Requirements:

• 5+ years of fraud investigations, fraud detection, or similarly complex investigative work within a financial institution, FinTech, payment processor, or regulated environment
• Strong investigative writing and analytical skills with the ability to document complex fact patterns, develop defensible narratives, and assess risk across ambiguous scenarios
• Experience across fraud typologies including account takeover, business email compromise, identity theft, payment fraud, and social engineering
• Sound investigative judgment with the ability to manage multiple investigations simultaneously, make risk-based recommendations under pressure, and communicate findings with empathy and clarity to customers, external institutions, and cross-functional stakeholders
• Experience using AI-enabled tools in day-to-day investigative workflows and the ability to critically evaluate AI-generated outputs for accuracy, completeness, and alignment with investigative standards
• Certified Fraud Examiner (CFE), CAMS, or other relevant financial crime certifications are a plus

Compensation:

• Cash compensation amount for this role is between $89,165/yr - 112,942/year in Denver and $110,640/yr -$136,456/year for New York/San Francisco
• Equity package and performance bonuses also included