Sr. Associate, Fraud Risk
Company: Santander Holdings USA Inc
Posted on: June 25, 2022
Boston, United States of America
WHAT YOU WILL BE DOING
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
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
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
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
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
Advanced risk, process, and control validation and/or assessment
Ability to direct, train and guide peers, subordinates and
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
Other Locations: Massachusetts-Boston,New
Organization: Santander Bank N.A.
Keywords: Santander Holdings USA Inc, Providence , Sr. Associate, Fraud Risk, Other , Providence, Rhode Island
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