The External Fraud Risk Oversight team within Financial Risk Management (FRM) is part of the Global Risk and Compliance (GRC) organization. The function is responsible for providing independent oversight on external fraud risk management.
The incumbent will assist in independent oversight of external fraud risk, which includes business processes and non-model tools. As an external fraud risk oversight analyst, you will be instrumental in monitoring and analyzing processes and controls to prevent First Party/Victim Fraud on Cards, Banking and Non-Card products. Your expertise will support the mitigation of potential fraud by ensuring oversight through effective challenge to First Line risk management teams.
Provide independent oversight on risk processes and non-model tools used in external fraud risk management for the Company.
Assist in development and enforcement of external fraud prevention policies and procedures. Recommend enhancements in existing processes to improve fraud detection capabilities.
Utilize advanced external fraud detection and monitoring tools to analyze and highlight emerging fraud trends and high loss fraud events.
2-4 years of experience in risk management, risk oversight and analytics.
Degree in a quantitative field (e.g., Engineering, Mathematics, Computer Science or Economics).
Knowledge of SQL and Python.
Strong technical and analytical skills with the ability to apply both quantitative methods and business skills to create insights and drive results.
Strong analytical skills, including a proving ability to translate complex and disparate information to develop a comprehensive and cohesive conclusion for colleagues, business partners, and senior leaders.
Ability to work independently and across a matrix organization partnering with business partners, functional owners, capabilities, technology teams and external vendors.
Rigorous and analytical approach to problem-solving, decision-making, and prioritization collaboration across teams/geographies.
This role is required to be on-site 3 days/week.
Prior experience in external fraud risk management.
Prior experience in oversight functions.
Prior experience in external fraud risk management.
Prior experience in oversight functions.