Fraud Risk Manager
Company: Citizens Financial Group
Location: Medford
Posted on: January 13, 2021
|
|
Job Description:
Job Description - Fraud Risk Manager (210092)Job Description
Fraud Risk Manager - (210092)Description The Fraud Risk Manager is
accountable for monitoring and developing fraud risk strategies for
Citizens Consumer Bank Deposit accounts. The risk manager will take
the lead in the development of fraud processes, strategies and
controls to mitigate fraud risk during the new account origination
process while balancing customer experience, operational and
product P&L impacts. Responsibilities include evaluation of new
tools and processes to enhance detection, and reporting on overall
Fraud losses and trends in addition to monitoring strategy
performance. Reconcile numerous metrics and condense/summarize
portfolio performance for our Executives and Business Partners.The
incumbent will drive reductions in fraud application losses through
effective rule and model management, analytics and partnership with
Fraud Operations, Product team and external vendors.Primary
responsibilities include:Monitor and develop fraud strategies,
tools, processes, models and ensure that they deliver superior
fraud detection while balancing approval rate and product P&L
impacts. Explain variances and recommend remedial actions to all
stakeholders. Mine application data to develop segmentation to
improve fraud detection and minimize impact to legitimate
applications.Strong partnership with vendors and Product team
effectively managing the fraud controls for new-account application
based on ROIEnsure that all activities and duties are carried out
in full compliance with regulatory requirements, Risk Management
Framework and internal Citizens Bank Policies and Policy
StandardsDevelop, 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 solutionsEffectively manages competing
priorities of requests working under strict deliverables
Qualifications Required Skills/Experience:Bachelor---s degree in
Operations Management, Mathematics, Statistics, Actuarial Sciences,
Economics or other quantitative, business or technical discipline,
or equivalent combination of education and business applied
experience. Master---s degree preferred.5 years of advanced
analytics work experience preferably in Financial Services
industryStrong knowledge of the fraud management life cycle and
industry trendsHigh proficiency with data extraction/mining tools
(data processing and analysis) like SQL, SASProficient with
Microsoft Office applications; Advanced Excel. PowerPoint Strong
problem solving and analytical skillsExcellent communications (oral
and written), interpersonal / business partnering, and
organizational skillsStrong knowledge of the fraud management life
cycle and industry trendsPrevious experience with managing fraud
application risk at another financial institution is a plus
Preferred Skills/Qualifications:Strong knowledge of the fraud
management life cycle and industry trendsPrevious experience with
managing fraud application risk at another financial institution is
a plusHours and Work ScheduleHours per week: 40Work Schedule:
8:00am - 5:00pm, Monday - Friday LI-Sourcer3 Primary Location:
US-CT-BridgeportOther Locations: US-MA-Medford, US-RI-Johnston,
US-NC-CharlotteWork Locations: CT-Bridgeport-1000 Lafayette
Boulevard 1000 Lafayette Boulevard Bridgeport 06604-4728Job:
AdministrationOrganization: USA01_Citizens Financial GroupSchedule:
RegularEmployee Status: Full-timeTravel: NoJob Posting: Jan 8,
2021, 5:17:32 PM
Keywords: Citizens Financial Group, Medford , Fraud Risk Manager, Executive , Medford, Massachusetts
Click
here to apply!
|
Didn't find what you're looking for? Search again!
Other Executive JobsSenior Software Program Manager for Simulink Description: Contact us if you need reasonable accommodation because of a disability in Company: The MathWorks Location: Natick Posted on: 01/22/2021 Associate, Business Control & Risk Management Description: Associate, Business Control Risk Management - 2004376 Santander---s Commercial Banking Division is an active provider of capital, treasury management and risk management solutions to thousands of small (more...) Company: Santander Holdings USA Inc Location: Boston Posted on: 01/22/2021 Assoc Director, US Ad / Promo Regulatory Review, GI Description: By clicking the ---Apply--- button, I understand that my employment application process with Takeda will commence and that I agree with Takeda---s Privacy Notice, Privacy Policy and Terms of Use.Job DescriptionAre (more...) Company: Takeda Location: Lexington Posted on: 01/22/2021 Drug Substance Operations, Manager/Senior Manager Description: Position SummaryKaruna Therapeutics is seeking a highly motivated professional with experience in cGMP API process chemistry to join the CMC group. This position will be responsible for managing the drug (more...) Company: Karuna Pharmaceuticals Location: Boston Posted on: 01/22/2021 Senior Project Manager Description: Our PURPOSE---to enable healthier lives everywhere, every day---is driven by a PASSION to become global champions for women---s health. We succeed by fulfilling our PROMISE to bring The Science of Sure-- (more...) Company: Hologic Location: Marlborough Posted on: 01/22/2021 Manager, Global Regulatory Affairs Development, Oncology Description: By clicking the ---Apply--- button, I understand that my employment application process with Takeda will commence and that I agree with Takeda---s Privacy Notice, Privacy Policy and Terms of Use.Job DescriptionAre (more...) Company: Takeda Location: Boston Posted on: 01/22/2021 Client Development Director Description: Numerator is a data and technology company reinventing market research. Headquartered in Chicago, IL, Numerator has 1,600 employees worldwide. The company blends proprietary data with advanced technology (more...) Company: Numerator Location: Boston Posted on: 01/22/2021 Senior Manager, GTM Sales Strategy and Planning (Opportunity for Working Remotely) Description: Search JobsJob DescriptionBusiness SummaryVMware software powers the world---s complex digital infrastructure. The company---s cloud, networking and security, and digital workspace offerings provide a (more...) Company: VMware Global Location: Boston Posted on: 01/22/2021 VP Customer Success Enablement Description: Job : 642589Release Date: 1/15/2021Company: Software Services, Boston, MASalary: ConfidentialRemarks:Now, more than ever, the Company team is committed to our customers. We 're taking steps to help restaurants (more...) Company: ExecuNet Location: Boston Posted on: 01/22/2021 Director, Risk Management Description: Director, Risk Management - 2003051 The Payment Systems and Deposit Risk Director is responsible for helping to facilitate the Payment Systems and Deposit Risk function to identify, assess, monitor and (more...) Company: Santander Holdings USA Inc Location: Woburn Posted on: 01/22/2021 |