• Job Description

  Req#: 35951

  Description

  
  The Fraud Strategy Sr Analyst is accountable for monitoring and developing fraud risk strategies for Credit Card. The Fraud Sr Analyst will take the lead in the development of fraud processes, strategies and controls to mitigate fraud risk from origination. Responsibilities include evaluation of new tools and processes to enhance detection, reporting on overall Fraud losses and trends in addition to monitoring strategy performance, analyze data and develop fraud rules to mitigate and prevent fraud losses and work with Vendor to implement fraud rules. Reconcile numerous metrics and condense/summarize performance for our Executives and Business Partners. The candidate will drive reductions in fraud losses through development of data driven solutions, which requires strong SLQ/SAS, analytic and problem solving skills, implementation and monitoring of effective fraud controls, while partnering with model management, Fraud Operations, Product team and external vendors.

  Primary responsibilities include:

  • Monitor and develop fraud strategies, tools, processes, models to deliver superior fraud detection while balancing approval rate and product P&L impacts
  • Assess new and existing products and services for fraud risk and propose mitigating controls
  • Strong partnership with vendors and Product team effectively managing the fraud controls for new-account application
  • Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Risk Management Framework and internal Citizens Bank Policies and Policy Standards
  • Develop, implement, monitor and provide performance tracking of fraud strategies and fraud prevention tools and processes
  • Conducts ongoing analysis to identify root cause of fraud trends and propose potential solutions
  • Effectively manages competing priorities of requests working under strict deliverables

  
  Required Skills/Experience:

  • Advanced skills using data extraction/mining tools (data processing and analysis) such as SQL, SAS
  • Proficient with Microsoft Office applications; Advanced Excel and PowerPoint
  • Strong problem solving and analytical skills preferably in Financial Services industry
  • Excellent communications (oral and written), interpersonal / business partnering, and organizational skills
    
    

  Preferred Skills/Qualifications:

  • Knowledge of the fraud life cycle, industry trends and fraud tools/solutions preferred
  • Experience with the project management lifecycle through Agile
  • Previous experience with managing fraud risk at another financial institution
  • Education
  • Bachelor’s Degree in Operations Management, Mathematics, Statistics, Actuarial Sciences, Economics or other quantitative, business or technical discipline
  • Master degree in Mathematics, Statistics, Operations Management, Economics or other quantitative, business or technical discipline preferred

  Candidates must currently be a U.S. Resident to be eligible for this role.

  • Please note that U.S. Immigration sponsorship or work visa is not available for this position and candidates must have permanent authorization to work in the U.S.

  Hours and Work Schedule

  Hours per week: 40

  Work Schedule: 8:30am - 5:00pm, Monday - Friday

  Pay Transparency

  The salary range for this position is $81,375- $135,625per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.

  We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

  Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

  Equal Employment Opportunity

  Citizens, its parent, subsidiaries, and related companies (Citizens), provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability, or history or record of a disability, ethnicity, gender, gender identity or expression, transgendered and transitioning individuals, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders.

• About the company

  Most innovative community bank in the US w/ @HeardOnHurd @Vault_405 @MidtownBank @RISE405 #cashmob inventor, Pres/CEO @JillCastilla, ❤️ #okc #edmond #MemberFDIC

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