Senior Associate, Fraud Detection/Surveillance

BNY Mellon • Boston, MA

9h • $58,000 - $120,000 • Onsite

About The Position

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We’re seeking a future team member for the role of Fraud Detection and Surveillance to join our team. This role is located in Boston, MA (4 days in office expectation per week).
In this role, you’ll make an impact in the following ways:
Researches and analyzes global fraud and AML activities, reviewing low risk queues and communicating with clients to revise scoring models and establish new rules for cards in affected regions while ensuring minimal adverse effects on cardholders
Reviews moderate-risk information to detect possible data breaches or suspicious AML-related activity, identifying and alerting impacted consumers and clients, and discussing strategic changes and potential impacts with clients
Demonstrates strong understanding of established rules, clients, and queues; reviews and tests the validity of established rules to ensure effective detection mechanisms and breach response
Analyzes global trends to monitor and recommend rule sets for clients, revising low risk queues and scoring models appropriately, identifying breaches and addressing AML-related alerts, and ensuring client assets are protected through activities such as card reissuance

Requirements

• Bachelor’s degree or the equivalent combination of education and experience
• 5-7 years of total work experience preferred
• Experience in Finance preferred
• Strong analytical skills with the ability to interpret complex data and trends
• People leadership experience may be applicable in some geographies; no direct reports required but may provide guidance to less experienced team members

Responsibilities

• Researches and analyzes global fraud and AML activities, reviewing low risk queues and communicating with clients to revise scoring models and establish new rules for cards in affected regions while ensuring minimal adverse effects on cardholders
• Reviews moderate-risk information to detect possible data breaches or suspicious AML-related activity, identifying and alerting impacted consumers and clients, and discussing strategic changes and potential impacts with clients
• Demonstrates strong understanding of established rules, clients, and queues; reviews and tests the validity of established rules to ensure effective detection mechanisms and breach response
• Analyzes global trends to monitor and recommend rule sets for clients, revising low risk queues and scoring models appropriately, identifying breaches and addressing AML-related alerts, and ensuring client assets are protected through activities such as card reissuance

Benefits

• BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy.
• We provide access to flexible global resources and tools for your life’s journey.
• Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior