Sr. Fraud Risk Management Analyst
About The Position
The Fraud Analytics Risk Analyst supports U.S. Bank’s Enterprise Fraud Risk organization by conducting analysis beyond recurring reporting. The role investigates fraud losses, claims, complaints, and operational data to identify root causes, emerging risk trends, control gaps, and customer impacts. It provides independent, data-driven credible challenge to business line fraud strategies, processes, and controls. The analyst develops and maintains independent analytical methods, benchmarks, monitoring frameworks, and governance processes, and provides risk-based recommendations to business and risk management stakeholders. The role also assesses fraud risk implications of significant changes to businesses, products, strategies, models, vendors, and technology, and supports fraud analytics and monitoring modernization initiatives involving Databricks, Azure, cloud data platforms, and enterprise data domains. The role requires working from a U.S. Bank location three or more days per week. Hiring locations are Tempe, Arizona; Minneapolis, Minnesota; Charlotte, North Carolina; and Cincinnati, Ohio.
Requirements
- Bachelor's degree or equivalent work experience.
- Typically more than six years of applicable experience.
- Experience querying relational databases and working with large data sets from multiple sources.
- Proficiency in at least one analytical language or platform, such as SAS, SQL, Python, R, or similar, and flexibility to learn new tools.
- Strong written and verbal communication skills, including presenting findings to a business audience.
Nice To Haves
- Bachelor’s degree in a quantitative field, or equivalent work experience.
- Four or more years of experience in analytics, risk management, fraud, financial crimes, or a related field.
- Experience with fraud, scams, payments, claims, complaints, or operational risk data in financial services.
- Experience working with unstructured or free-text data and building categorization logic.
- Experience providing credible challenge or independent risk oversight.
- Experience with Power BI, Tableau, or similar visualization tools; interest in Databricks and cloud analytics platforms.
- Comfort using AI tools such as Microsoft Copilot within an analytical workflow.
- Familiarity with regulatory, audit, or governance environments.
Responsibilities
- Analyze fraud losses, claims, complaints, alerts, operational data, and other risk indicators to identify root causes, control gaps, emerging fraud risks, and customer impacts.
- Provide second-line credible challenge to business line fraud strategies, detection rules, controls, processes, and performance reporting through analytical deep dives and independent assessments.
- Develop independent benchmarks, thresholds, segmentation frameworks, key risk indicators, and trend analyses to assess fraud exposure, control effectiveness, customer outcomes, and loss performance.
- Design and maintain transparent, repeatable, auditable analytical methodologies, monitoring frameworks, and governance processes that can be independently validated, refreshed, and reproduced.
- Identify emerging fraud threats, control weaknesses, and monitoring opportunities by sourcing and analyzing relevant data, developing actionable insights, and recommending risk mitigation actions.
- Assess fraud risk implications of significant business, product, strategy, model, vendor, and technology changes through independent impact analyses and provide risk-based recommendations.
- Support strategic data and cloud modernization initiatives involving fraud analytics, monitoring solutions, reporting assets, and analytical controls, including migration to Databricks, Azure, cloud data platforms, and enterprise data domains.
Benefits
- Healthcare, including medical, dental, and vision.
- Basic term and optional term life insurance.
- Short-term and long-term disability.
- Pregnancy disability and parental leave.
- 401(k) and employer-funded retirement plan.
- Paid vacation from two to five weeks depending on salary grade and tenure.
- Up to 11 paid holiday opportunities.
- Adoption assistance.
- Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase.
- Pension, subject to eligibility requirements.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
