Fraud Risk Analyst

About the position Responsible for managing, monitoring and coordinating fraud risk management projects for card, deposit and loan products. Predicts the level of fraud risk, develops policies and procedures used to evaluate and control fraud risk, and analyzes the potential profit/loss impact on the assigned product line of changes in risk management strategies. Develops and maintains the analytical framework and support systems for the fraud claim management and reporting processes. Design, implement, and monitor fraud detection rules.

Responsibilities

• Managing, monitoring and coordinating fraud risk management projects for card, deposit and loan products.
• Predicting the level of fraud risk.
• Developing policies and procedures used to evaluate and control fraud risk.
• Analyzing the potential profit/loss impact on the assigned product line of changes in risk management strategies.
• Developing and maintaining the analytical framework and support systems for the fraud claim management and reporting processes.
• Designing, implementing, and monitoring fraud detection rules.

Requirements

• Bachelor’s degree, or equivalent work experience
• Typically more than five years of applicable experience
• Experience writing fraud detection rules
• Programming experience in SAS, Python and/or SQL
• Comprehensive knowledge of all departmental data sources, and of fraud risk and operations management associated with the product lines
• Strong analytical skills relative to evaluating fraud prevention infrastructure and forecasting fraud loss trends
• Strong project management skills
• Effective verbal and written communication skills
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications and data analysis software

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

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