This position will report to the Deposits Fraud Strategy team. The successful candidate will become a joint stakeholder in the overall effort to prevent and detect fraudulent activity directed against Discover Bank's rapidly expanding Product lines. This position will utilize extensive subject matter expertise on rapidly changing methods of money movement (applicable to Deposit products), and will design and deploy new, industry leading suite of MIS Reporting, and analysis. Develop Adhoc analysis to understand Fraud at Customer/ Account level. Proactively identify trends by Fraud Type and Fraud categories. Develop forecasting of loss exposure for the Deposits business. Develop MIS Reporting of Operations Infrastructure. Participate in Large Projects and advocate team interest in acquiring the right data. Collaborate with various teams to lead efforts to successfully deliver excellent results for the Fraud Strategy team. Develop reports to track unusual activity at account / customer level. Proactively identify trends or suspicious activity and Present findings to leadership. Design and implement investigation techniques for suspicious transfers to prevent fraud on open accounts. Provide world class customer service to the Deposits business including but not limited to helping them meet their customer experience goals and beat forecasted fraud losses on an annual basis. Own transfer limit & deposit hold or float strategy reporting from a Security perspective with the goal of maximizing Deposits to Discover Bank but minimizing fraud losses.
Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes
* Bachelors Degree (Masters degree preferred) * 5 (+) years of professional experience with substantial analytical experience. * SQL, SAS, Tableau * MS Office (Word, Excel, Powerpoint) * Excellent communications (oral and written), interpersonal / business partnering, and organizational skills.
* Fraud Experience is desirable * 2-4 years of Banking and Lending experience We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.
A little about us:
Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service.