Job Description

• Reviews and analyzes financial transactions for unusual or suspicious patterns resulting in the continual optimization of fraud risk mitigation tools and processes.   
• Reviews and analyzes KYC identity proofing solutions for unusual or suspicious patterns resulting in the continual optimization of physical and digital identity proofing solutions.   
• Assesses fraud risk trends and patterns to develop proactive prevention strategies leveraging predictive analytics. 
• Performs root-cause analysis to identify vulnerabilities in processes or systems. 
• Provides detailed risk assessments and recommendations to mitigate potential threats. 
• Builds, optimizes and reports out on fraud performance on a monthly basis.   
• Conducts complex link analysis on large scale fraud events.     
• Prepares comprehensive reports with findings, supporting evidence, and recommendations. 
• Collaborates with law enforcement and regulatory agencies on fraud cases when necessary. 
• Ensures adherence to regulatory requirements and internal fraud prevention policies. 
• Contributes to the development and updating of fraud prevention, risk tolerance and risk management policies. 
• Works with internal and external teams (e.g., branch banking, contact centers, compliance, legal, digital banking, deposit product, lending product, operations, card processor, software suppliers, fraud working groups, etc.) to enhance fraud detection measures. 
• Contributes to the building of fraud training and awareness sessions on fraud prevention to credit union employees.   

• Proficient in data analytics tools such as R, Python, SAS, Tableau, PowerBI and Excel.   
• Working knowledge of banking risk management platforms. 
• Strong knowledge of regulatory requirements related to fraud and financial crime. 
• Strong working knowledge of fraud authorization, authentication, identity proofing, dispute resolution and loss recovery solutions.  
• Analytical and detail-oriented mindset. 
• Strong communication and report-writing skills. 
• Strong working experience with retail payments and consumer-based fraud tools preferred. 
• Working understanding of lean six sigma measurement systems preferred. 
• Ability to handle sensitive information with discretion and professionalism. 
• May require working under tight deadlines and handling high-pressure situations. 
  
  

• Senior Risk Analyst – Grade15/Exempt/$82,680.00 – $102,128.00 annually
  • Reports directly to assigned department leadership.
  • Self-starter and ability to work independently with periodic guidance with decision authority up to $100k in annualized value.
  • Bachelor’s degree in Data Science, Finance, Business Administration, or Criminal Justice with a minimum of 5 years of equivalent work experience; or 9 years of equivalent work experience.
  • Certifications such as a CFE (Certified Fraud Examiner) or CRMA (Certified Risk Management Assurance) or Lean Six Sigma preferred.
• Risk Analyst Lead – Grade 17/Exempt/$98.238.40 – $121,347.20 annually
  • Reports directly to assigned department leadership.
  • Self-starter and ability to work independently with periodic guidance with decision authority up to $250k in annualized value.
  • May be responsible for the coordination of other Risk Analysts daily activities.
  • Bachelor’s degree in Data Science, Finance, Business Administration, or Criminal Justice with a minimum of 7 years of equivalent work experience; or 11 years of equivalent related work experience.
  • Minimum of 1 year of leading/mentoring junior level team members.
  • Certifications such as a CFE (Certified Fraud Examiner) or CRMA (Certified Risk Management Assurance) or Lean Six Sigma preferred.