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Sr. Associate, Fraud Risk

Company: Santander Holdings USA Inc
Location: Providence
Posted on: June 25, 2022

Job Description:

Boston, United States of America


USA Job Function Description: Ensures adherence to the policies and procedures established by the company. Manages policy, standard definition and monitoring of policy, standard implementation, ensuring harmonization and consistency of risk policies. Monitors and manages risk/exposure and compliance with the company's policies. Identifies, manages and reports on the company's risk areas. Evaluates the adequacy and effectiveness of data, document retention, and monitors systems.

Essential Functions/Responsibilty Statements:
Leads Fraud related projects ensuring clear business and technical requirements are documented, comprehensive end-to-end testing plans developed and managed, and implementation is fully coordinated.
Partners with operational risk group to assess Fraud controls and impacts relative to organizational initiatives including new products, channels and processes.
Builds data models to support business unit analytics and performance management
Determines and recommends business unit performance enhancements and efficiencies based on developed analytical models.
Implement real time fraud strategies across different payment types to mitigate losses while monitoring key performance indicators and customer impacts
Use SAS to conduct monthly and Ad-Hoc fraud reporting, fraud pattern analysis and produce rule performance metrics that are shared with first line and senior leaders
Lead the implementation of robust fraud strategies designed to improve fraud detection and minimize customer impacts
Proactively monitor, and build as needed, large datasets of customer transactions for fraud analysis in SAS
Work collaboratively and Provide mentorship to other team members on the team
Perform other duties and projects as assigned

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
Extensive knowledge with analytical tools such as SAS and data management.
Requires prior experience implementing payment fraud strategies, monitoring performance and producing reporting
Possess an analytical mindset with the ability to identify trends and react accordingly
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education: Bachelor's Degree or equivalent work experience

Work Experience: 5+ years ; Risk Management/Controls

Skills and Abilities:
Strong risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
Knowledge of workflow/processes and risks/controls, including: origination, underwriting, servicing, and collections/workout.
Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense
Advanced risk, process, and control validation and/or assessment skills.
Ability to direct, train and guide peers, subordinates and management.
Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
Ability to adjust to new developments/changing circumstances.

Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.

Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occassional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights: Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason. Bachelor of Science (BS) English

Primary Location: Boston, Massachusetts, United States of America

Other Locations: Massachusetts-Boston,New Jersey-Holmdel,Massachusetts-Dorchester,New Jersey-Florham Park,Rhode Island-Providence

Organization: Santander Bank N.A.

Keywords: Santander Holdings USA Inc, Providence , Sr. Associate, Fraud Risk, Other , Providence, Rhode Island

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