Primary Location: United States,Delaware,Wilmington
Other Location: United States,Florida,Jacksonville; United States,Georgia,Atlanta; United States,New York,New York; United States,Texas,San Antonio; United States,Texas,Irving
Education: Master's Degree
Job Function: Risk Management
Shift: Day Job
Employee Status: Regular
Travel Time: Yes, 10 % of the Time
Job ID: 19003639
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all.
Fraud Risk Officer - Fraud Risk Innovations & Strategy Lead. The Fraud Risk Innovations & Strategy position will lead analysis efforts to identify opportunities for, design and implement custom fraud prevention and detection solutions. This position will require experience in risk assessment, technological sophistication and data mining techniques which will be critical to success. It will also require a strong analytical orientation and an understanding of Fraud types and a familiarity with operational processes.
Candidate will be responsible for:
Lead Data Intelligence capabilities end-to-end including Solutions Development, Capability Adoption and Relationship Management.
Developing analytical solutions to introduce and enable efficiencies within existing processes and fraud prevention strategies.
Using analytical data to create a story-board that Senior Management will use to approve new strategies, process changes or vendor solutions to minimize Fraud exposure.
Lead development and implementation of effective Fraud detection and prevention strategies to mitigate fraud losses while ensuring an appropriate balance between risk and customer experience.
Interface with internal and external partners to evaluate new tools to build detection and analytical capabilities.
Apply fraud subject matter expertise to the prioritization and planning of projects in conjunction with fraud management policies and strategies.
The position requires substantial interaction with Policy, Operations, and other functional business partners to optimize business strategies.
Strong Business, Risk Management and Data analytical skills with proven track record of complex processes and data analysis/deliverables
Ability to understand story behind data and summarize results adjusted to audience
Ability to independently challenge status-quo, identify opportunities, investigate issues and propose recommendations
Ability to work under tight deadlines
Individual should be analytical, flexible, team-oriented, have good interpersonal, communication, and follow-up skills with strong attention to detail and ability to multi-task.
Exemplary written and oral communication skills which can be leveraged to consistently succeed at all levels of the organization;
Candidates must have effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views. Strong presentation and relationship management skills are essential. This individual must be an articulate and effective communicator, both orally and in writing, with an energetic, charismatic and approachable style. Candidates must have effective persuasion skills, the ability to work effectively at the highest levels of the organization, and will display highly effective networking and influencing skills. This person will be comfortable acting as an agent for positive change with agility and flexibility.
Ability to work effectively in a cross-functional organization
Business and Technical Requirements
5+ years of experience with Fraud plus credit risk analytics in financial institutions
Extensive experience in SAS/SQL/R required and familiarity with big data preferred.
Master's Degree in Mathematics, Statistics, Engineering, Physics, Operations Research or Finance.
Internal Number: 5649355
eFinancialCareers is a career site specializing in financial services.