Risk Analyst Jobs

About The Position

Requirements

• Bachelor’s degree or equivalent work experience.
• Typically more than six years of applicable experience.
• Strong background in fraud analytics and rule development, including identifying fraud trends and translating findings into rule changes.
• Strong understanding and experience with SQL, SAS, and Python, including the ability to independently design analytical frameworks, automate complex processes, build predictive models, and turn large-scale data into actionable strategies and business recommendations.
• Ability to perform strategy testing, segmentation analysis, or champion/challenger experiments and analyze large datasets for strategy testing, treatment analysis, and performance evaluation.
• Knowledge of Fair and Responsible Banking principles and compliance considerations in strategy development.
• Comprehensive knowledge of bank systems and experience with fraud decisioning platforms and rule engines.
• Thorough understanding of fraud typologies, including First-Party Fraud, Third-Party Fraud, and Synthetic Identity Fraud, and experience developing mitigation strategies.
• Strong verbal and written communication skills, including presenting complex analyses, fraud trends, and recommendations to senior leaders and executive stakeholders.
• Ability to influence cross-functional partners with data-driven recommendations and effective communication.
• Ability to manage multiple priorities in a fast-moving environment, with strong organization, attention to detail, and decision-making.
• Commitment to compliance, internal controls, and ethical use of technology, including responsible use of approved AI tools.
• Proficient computer navigation skills, including Microsoft Office and data analysis software.
• Ability to work from a U.S. Bank location three or more days per week.

Nice To Haves

• Experience supporting fraud strategy development in account origination, onboarding, identity verification, or digital banking.
• Experience with external fraud and identity providers such as Socure, LexisNexis, or SentiLink.
• Bachelor’s degree in a quantitative field.
• Master’s degree.

Responsibilities

• Develop, implement, and continuously refine fraud rule strategies using departmental data, balancing fraud mitigation, false positive rates, and organizational priorities.
• Analyze large, complex datasets to identify emerging fraud trends, performance shifts, and strategic opportunities.
• Translate analytical findings into actionable recommendations and communicate strategy updates, rule performance insights, and business impacts to management, partners, and stakeholders.
• Monitor and evaluate rule performance, detect anomalies, validate thresholds, and identify opportunities to strengthen strategies and processes.
• Use approved AI, analytics, automation, and visualization tools to accelerate insights, improve efficiency, and enhance fraud detection.
• Collaborate with operations, technology, risk management, and cross-functional teams to validate rule effectiveness, conduct root-cause analysis, and align with compliance and governance standards.
• Design and execute strategy tests and champion/challenger initiatives to evaluate rule performance and identify optimization opportunities.
• Support rule development and sustainable fraud strategies in areas including First-Party Fraud and Third-Party Fraud.

Benefits

• Medical, dental, and vision healthcare.
• Basic term and optional term life insurance.
• Short-term and long-term disability insurance.
• Pregnancy disability and parental leave.
• 401(k) and employer-funded retirement plan.
• Paid vacation of 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, 401(k) contribution, and pension, subject to eligibility requirements.