Fraud Modeling Manager
Company: Disability Solutions
Location: Phoenix
Posted on: April 16, 2024
Job Description:
Job Title:Fraud Modeling ManagerLocation:CityScapeWhat you'll
do:Financial Crimes Compliance has a business need to actively work
with customers, educating them on how to reduce the risk of fraud
that could negatively impact their business and result in financial
loss to the bank. Due to the various accounting software products
our customers use, the Fraud Modeling Manager will also assist our
internal customers with integration and promote the use of the
banks' fraud monitoring. They will also be responsible to educate
internal customers on fraud trends and how to avoid them. When
there is fraud, the Fraud Modeling Manager will work closely with
the fraud team to incorporate potential new fraud typologies. The
Fraud Modeling Manager ensures fraud modeling systems are following
model governance and leads the team for emerging fraud risks by
working with the Fraud Risk Team.What we are looking for:
Responsibilities:
- Build and oversee a team of advanced data analysts Modelers as
they work with key stakeholders, audit, and Model Governance to
understand fraud related business strategy, questions, and
goals.
- Works with internal customers to identify gaps and
opportunities for change/improvement within the CMC Financial
Crimes Compliance team (FCC) as it relates to risk.
- Work with the internal customer Fraud Analysts to implement
bank systems that focus on reducing fraud/loss risk while training
them on the proper thresholds and typologies controls to make the
use of those systems effective.
- Work closely with Operations and Corporate Security Fraud
Analysts to help architect new strategies and beta
products/processes designed to address fraud risk for existing and
upcoming products and services.
- Monitor and manage the fraud modeling team working on a fraud
loss to control the bank's risk once fraud has occurred on a client
account to actively reduce the bank's risk of taking a financial
loss.
- Educate internal customers on why controlling Fraud risk is
important to their business.
- Drive usage and adoption of WAB products/systems that are
focused on controlling risk through a structured process of direct
client communication, analysis, and training.
- Assists in the development of internal and external user guides
and training sales officers, WAB Operations Team members, and our
internal customers on Fraud.
- Creates and maintains Fraud models, model reports, and any
Fraud Ad hoc strategies.
- Works with fraud team for implementation, tuning, remediating,
and retiring Fraud models/IT Systems.
- Assist in developing fraud short and fraud long-term
initiatives for department to align with business strategies.
- Support team's continuous development to advance their
technical skillsets, and to stay informed of industry innovations
in analytics and tools.Qualifications:
- Bachelor's degree (BA) or equivalent from a college or
university and 7 or more years related experience or, 10 or more
years related experience.
- Relevant experience
- Experience with Payment Rails and Bank data Check/Wire/ACH
Fraud alerts, alarm systems, and access control systems
preferred.
- Advanced knowledge of general banking, including an
understanding of bank products, services, regulations, policies,
and procedures, with an emphasis in Financial Crimes.
- Strong statistical analytical skills and expert knowledge of
data visualization tools and SQL/Python/SAS/ other coding
languages.Benefits you'll love:We offer all the important things
you'd want - like competitive salaries, an ownership stake in the
company, medical and dental insurance, time off, a great 401k
matching program, tuition assistance program, an employee volunteer
program, and a wellness program. In addition, you'll have the
opportunity to bolster your business knowledge, learning the ins
and outs of how successful companies operate and manage their
finances, giving you invaluable hands-on experience to help grow
your career!About the company:Western Alliance Bank is a wholly
owned subsidiary of Western Alliance Bancorporation. Alliance Bank
of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank,
First Independent Bank, and Torrey Pines Bank are divisions of
Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western
Alliance Bank company.Western Alliance Bancorporation is committed
to equal employment and will consider all qualified applicants
without regard to race, sex, color, religion, age, nation origin,
marital status, disability, protected veteran status, sexual
orientation, gender identity or genetic information. Western
Alliance Bancorporation is committed to working with and providing
reasonable accommodations for individuals with disabilities. If you
are an individual with a disability and require a reasonable
accommodation to complete any part of the application process
and/or need an alternative method of applying, please email
HR@westernalliancebank.com or call 602-386-2488. When contacting
us, please provide your contact information and state the nature of
your accessibility issue. We will only respond to inquiries
concerning requests that involve a reasonable accommodation in the
application process.-- Western Alliance Bancorporation
Keywords: Disability Solutions, Surprise , Fraud Modeling Manager, Accounting, Auditing , Phoenix, Arizona
Didn't find what you're looking for? Search again!
Loading more jobs...