Sr. Fraud Strategy Analyst
About The Position
The Sr. Fraud Strategy Analyst reports directly to the Manager, Enterprise Fraud Strategy, supporting business reporting and analytical needs for multi- channel payment systems. These payment channels will include Card (Debit and Credit), Check, Digital Online Banking, Mobile, Wire, ACH & P2P. The Sr. Fraud Data Strategy Analyst works as a member of a multi-channel data team and operating associated systems and tools used for the creation of reports to be consumed by LOB (lines of business) senior executives and analysis for managing fraud prevention strategies across all payment channels. This role is hybrid (Mon through Thu on-site / Fri remote) at the UMB Technology & Operations Center located in downtown Kansas City, MO.
Requirements
- Bachelor's degree in statistics or equivalent field of study OR at least 5 years of data analytics or banking industry experience.
- At least 4 years of hands-on experience with card, check, ACH and/or wire fraud strategy development and analysis.
- Demonstrated aptitude in First Data's Defense Edge, IBM's Safer Payment or equivalent fraud strategy system.
- Demonstrates proficiency in SAS or an equivalent system.
- Knowledge of analysis tools such as Angoss' Knowledge Studio.
- Proficiency for problem solving, analytics, and reporting.
- Ability to manage time and meet deadlines works under limited supervision.
- Worked proactively and collaboratively in a team environment.
- Applicants must have legal authority to work in the United States.
- Work Visa sponsorship is not available for this position.
Responsibilities
- Works with the Enterprise Fraud Prevention and Claims teams to provide data to help identify emerging fraud trends and UMB's overall fraud performance across all payment channels.
- Analyze fraud trends using statistical modeling including decision tree analysis and recommend actionable solutions to the Manager, Enterprise Data Strategy.
- Works closely with the Manager, Enterprise Data Strategy to provide appropriate data and reports to meet overall business needs and expectations of the enterprise fraud unit.
- Collaborates with the Enterprise Fraud Prevention and Enterprise Fraud Claims teams to identify fraud exposure and make necessary strategy adjustments to the applicable fraud prevention systems to detect and mitigate fraudulent transactions.
- Continually evaluate the effectiveness of existing analytical tools.
- Works closely with the Enterprise Fraud Prevention and Claims Managers to produce appropriate data and reporting to fulfill overall business needs and expectations of the Director of Enterprise Fraud Operations and the bank's senior executives.
- Under the direction of the Manager, Enterprise Data Strategy will provide quality oversight to all strategy changes, to include validating the analysis supporting any changes.
- Ensures compliance with all regulatory requirements.
- Works closely with product partners to identify new product fraud risks and develop/implement appropriate controls and safeguards to effectively mitigate risk.
- Communicates regularly with peer banks and industry organizations to maintain awareness of industry risks and trends.
- Stay current with UMB's fraud policies and procedures.
- Furnishes and delivers professional presentations at various forums and committees to multiple levels of leadership.
Benefits
- Paid Time Off
- a 401(k) matching program
- annual incentive pay
- paid holidays
- a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- health savings, flexible spending, and dependent care accounts
- adoption assistance
- an employee assistance program
- fitness reimbursement
- tuition reimbursement
- an associate wellbeing program
- an associate emergency fund
- various associate banking benefits
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What This Job Offers
Job Type
Full-time
Career Level
Senior
