Fraud Risk Officer Job Description Template
Our company is looking for a Fraud Risk Officer to join our team.
Responsibilities:
- Evaluate risk & return. Measure and interprets results. Identify MIS and data needs in the fraud risk environment;
- Evaluate potential control enhancements that improve business controls or reduce impact to customer experience;
- Takes responsibility for addressing problems, finding solutions and making prudent decisions;
- Maintain strong awareness of industry trends so these can be effectively communicated to Business partners and clients;
- Produce regular performance reporting for stakeholders to coordinate actions and mitigation plans;
- Strong analytical skills;
- Manage data quality issue research, investigation, and resolution through interactions with IT, BI, policy, analytics, and operational resources;
- Provide support for POCs with new vendor tools that combat fraud applications and account takeover;
- Provide governance over fraud Tableau site to mitigate negative impacts amongst the fraud functional areas;
- Identify data needs to improve monitoring and reporting of fraud trends;
- Design and create the texture behind quality rule identification and implementation;
- Develop innovative tools to eliminate manual profiling efforts by analytics and innovation teams;
- Build interactive scorecards and reporting needed to identify potential impacts of poor quality data on fraud decision-making;
- Address data related CAP and compliance issues;
- Create a roadmap that identifies potential future data/technology needs that allow for scalability within our data quality framework.
Requirements:
- Bachelor’s degree or equivalent work experience;
- Strong analytical skills;
- Strong knowledge of Information Security risks and controls;
- Supports diversity by actively building and cultivating strong connections and partnerships across businesses/regions;
- Strong project management abilities and direct experience with Agile methodology principles;
- Ability to work independently and influence others;
- Fraud experience in a Financial Institution;
- Experience with data analytics;
- Progressive leadership experience in a fraud-based role;
- CFE or willingness to obtain CFE within 12 months of hiring;
- Bachelor’s degree;
- Strong knowledge of the fraud management life cycle and industry trends.