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Payment Card Fraud Strategies- Strategic Analyst III

Newark, Delaware;

Job Description:

Fraud Prevention and Detection is looking for an experienced analytical professional to join our Account Takeover team within Payment Card Fraud Strategies. We are looking for smart, energetic candidates with strong technical backgrounds, a great sense of urgency and an excellent approach to teamwork.  

The role will be responsible for several key areas:

1.  Development of new fraud strategies using statistical and analytical techniques and other quantitative methods.  Goal will be to identify and mitigate new and emerging fraud threats.

2.  Identifying new sources of data (internal or vendor-provided) that can enrich our existing fraud detection processes, be added to our decision systems, and allow for new detection strategies to be developed. Will require close coordination with partners in Fraud Technology.

3. Leading role managing projects related to technology initiatives including decision engine enhancements and authentication tool deployment. 

4. Optimization of existing detection strategies to determine areas where rules can be adjusted to decline fewer false positives and improve the ROI and overall performance of our fraud strategies.

5. Development of both ad-hoc and more standardized reporting (MIS.)

6. Analysis of our fraud models to assess performance and effectiveness and making recommendations to continue using or redevelop these models.

Enterprise Role Overview

Responsible for performing more complex analysis and modeling for multiple products with the goal of maximizing profits and asset growth and minimizing risk and operating losses and/or other financial and marketing exposures. Develops complex program models to extract data and uses multiple databases to acquire statistical and financial data. Utilizes portfolio trends to propose policy/procedural changes within segmentation structure to produce optimal results. Excels at risk/reward trade off. Build relationships with external agencies. Participates in the rollout of company-wide pilot programs developed as a result of programmed models. Duties primarily include the regular use of discretion, independent judgment, the ability to communicate with multiple levels of management and the utilization of core leadership behaviors. SAS and/or MicroStrategy experience preferred; 2-5 years experience preferred.

Required Skills & Experience

•  Minimum of 3+ years of analytical experience, with emphasis on strategy building, modeling, authentication controls or other quantitative work. 

•  Strong proficiency/mastery of SAS and SQL. 

•  Bachelor’s degreePreferred, but not required - ideally in a quantitative discipline such as mathematics, computer science, statistics, engineering, or business OR appropriate work experience and certifications/training

Desired Skills & Experience

•  Inquisitive, curious mindset able to work autonomously with limited direction

•  Experience in financial services is very helpful, with preference to fraud, credit, cyber security, decision management, fraud and/or authentication controls or marketing analytics

•  Superior communication skills, and comfort presenting work to team members as well as senior executives

•  Familiarity with predictive modeling tools such as SAS Enterprise Miner or Knowledge Studio

•  Strong PowerPoint skills to create clear presentations

•  Great organizational skills and project management skills

•  Adaptability and ability to thrive in a dynamic environment

•  Intellectual curiosity and strong urge to figure out the “whys” of a problem and come up with creative solutions     

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Monday-Friday, 8AM-5PM

Referral Bonus Amount:

1000

Job Description:

Fraud Prevention and Detection is looking for an experienced analytical professional to join our Account Takeover team within Payment Card Fraud Strategies. We are looking for smart, energetic candidates with strong technical backgrounds, a great sense of urgency and an excellent approach to teamwork.  

The role will be responsible for several key areas:

1.  Development of new fraud strategies using statistical and analytical techniques and other quantitative methods.  Goal will be to identify and mitigate new and emerging fraud threats.

2.  Identifying new sources of data (internal or vendor-provided) that can enrich our existing fraud detection processes, be added to our decision systems, and allow for new detection strategies to be developed. Will require close coordination with partners in Fraud Technology.

3. Leading role managing projects related to technology initiatives including decision engine enhancements and authentication tool deployment. 

4. Optimization of existing detection strategies to determine areas where rules can be adjusted to decline fewer false positives and improve the ROI and overall performance of our fraud strategies.

5. Development of both ad-hoc and more standardized reporting (MIS.)

6. Analysis of our fraud models to assess performance and effectiveness and making recommendations to continue using or redevelop these models.

Enterprise Role Overview

Responsible for performing more complex analysis and modeling for multiple products with the goal of maximizing profits and asset growth and minimizing risk and operating losses and/or other financial and marketing exposures. Develops complex program models to extract data and uses multiple databases to acquire statistical and financial data. Utilizes portfolio trends to propose policy/procedural changes within segmentation structure to produce optimal results. Excels at risk/reward trade off. Build relationships with external agencies. Participates in the rollout of company-wide pilot programs developed as a result of programmed models. Duties primarily include the regular use of discretion, independent judgment, the ability to communicate with multiple levels of management and the utilization of core leadership behaviors. SAS and/or MicroStrategy experience preferred; 2-5 years experience preferred.

Required Skills & Experience

•  Minimum of 3+ years of analytical experience, with emphasis on strategy building, modeling, authentication controls or other quantitative work. 

•  Strong proficiency/mastery of SAS and SQL. 

•  Bachelor’s degreePreferred, but not required - ideally in a quantitative discipline such as mathematics, computer science, statistics, engineering, or business OR appropriate work experience and certifications/training

Desired Skills & Experience

•  Inquisitive, curious mindset able to work autonomously with limited direction

•  Experience in financial services is very helpful, with preference to fraud, credit, cyber security, decision management, fraud and/or authentication controls or marketing analytics

•  Superior communication skills, and comfort presenting work to team members as well as senior executives

•  Familiarity with predictive modeling tools such as SAS Enterprise Miner or Knowledge Studio

•  Strong PowerPoint skills to create clear presentations

•  Great organizational skills and project management skills

•  Adaptability and ability to thrive in a dynamic environment

•  Intellectual curiosity and strong urge to figure out the “whys” of a problem and come up with creative solutions     

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22088652

Band: H5

Manages People: No

Travel: Yes, 10% of the time

Manager:

Talent Acquisition Contact:

Lisa Doggett [C]

Referral Bonus:

1000