Risk Analyst I - Fraud Strategy

Description

Position Summary

The Fraud Investigation Analyst I will play a key role in helping defend Credit One Bank and its customers against fraud and abuse. Performing manual reviews at the account level, the Fraud Investigations Analyst I are on the front line of fighting fraud and plays a pivotal role in identifying new fraud trends and conducting root cause analysis that leads to fraud loss prevention. The role is primarily focused on analyzing 1st and 3rd party fraud risk within the Consumer Credit Card and Digital Banking portfolios. The right candidate will possess a mix of analytical, technical, and interpersonal skills that combine with fraud subject matter expertise to deliver a top-notch investigation.

Summary of Essential Job Functions

• Monitor for emerging fraud and abuse trends using fraud subject matter expertise
• Lead detailed root cause analysis to identify opportunities that predict, prevent, and mitigate fraud risk
• Understand and leverage the Bank's products, systems, and tools to investigate behavioral patterns through data analysis using data scripting or visualization tools
• Conduct phone and written interviews with cardmembers / vendors during investigation
• Review and monitor Digital Banking transactions for unusual / suspicious activity
• Partner with various business lines such as Digital Banking, Fraud Operations, and Compliance during the design of risk mitigation solutions and strategies
• Modify and / or create procedural documentation
• Perform User Acceptance Testing (UAT) for deployed strategies

Position Requirements

Preferred Skills and Experience

Credit One Bank, N.A. is a data-driven financial services company based in Las Vegas. Founded in 1984, Credit One Bank offers a spectrum of credit card products for people in all stages of financial life. Credit One Bank is an equal opportunity employer committed to diversity and inclusion and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin. Reasonable accommodation can be made for those who require them, including access to job applications and workplace accommodation. Employment at Credit One Bank is based on mutual consent (also known as at-will). This means that employees and the Bank may terminate the employment relationship at any time, with or without cause and with or without notice. Please contact the recruiter for this position to learn more. Credit One Bank does not accept unsolicited resumes from agencies and is not responsible for related fees.