Overview
Skills
Job Details
The Senior Fraud Analyst participates actively in the Credit union s fraud prevention and risk management activities to mitigate both the credit union and our members exposure to potentially fraudulent activities. The position is responsible for evaluating member and situational/threat trends by channel, as well as cross-channel. Performs ongoing analytics and prepares recommendations which are presented to first line VP s and SVP s enterprise wide. The senior analyst leverages state-of-the-art industry data sciences tools to synthesize and analyze data; create recommendations and respond to fraud attacks. In addition, Senior fraud analysts will also help develop new fraud risk reporting utilizing business intelligence.
Responsibilities
- Develop and produce executive key performance metrics to report to senior management and enterprise risk team
- Utilize business intelligence to develop new methods for fraud risk reporting
- Develop analytics and make recommendations for enterprise fraud strategies to minimize fraud loss
- Assess fraud trends and provide real-time recommendations to mitigate potential fraud for the credit union and its members.
- Perform complex analysis and modeling to identify patterns of fraudulent transactions and create prevention methods
- Create, test, and implement rule criteria in applicable detection systems (FIS, Falcon, Verafin, Alloy etc.)
- Balance fraud prevention recommendations with member experience considerations
- Analyze loss data to recommend and implement appropriate loss prevention strategies
- Evaluate fraud cases and losses holistically to identify areas of improvement
- Create and deliver BI reporting to develop thorough reporting for senior leadership, boards, and examiners
- Maintain knowledge and understanding of current trends, laws, and issues affecting the area of expertise
- Attend educational events to increase professional knowledge
Qualifications
- Bachelor s degree in business administration, finance, computer science, risk management, or a related field (A comparable combination of work experience and training may be substituted for education requirements)
- 6+ years of data analysis experience, preferably with a financial institution
- 5+ years of Structured Query Language (SQL), Python, Spark, R, and SSRS report writing required
- 4+ years of experience with Business Intelligence tools such as PowerBI, Tableau, Qlik required
- 4+ years in fraud analytics required
- Strong knowledge of descriptive and predictive statistical tools
- Excellent verbal, written, and interpersonal communication skills to effectively communicate with team members and external stakeholders
- Excellent presentation skills to communicate complex results to business audiences not familiar with data and analytics
- Ability to prioritize tasks, deal effectively with competing and changing priorities to meet deadlines
- Accurate, detail-oriented, and organized with task management
- Strong analytical and problem-solving skills with the ability to interpret large amounts of data
Skills
- AI & Machine Learning
- Analytics
- Data Science
- Project Management