Apply on Employer Site

Velera · 10 hours ago

Risk Prevention Analyst- Remote

United States

Full-time

Remote

Entry, Mid Level

$60K/yr - $77K/yr

2+ years exp

Velera is the nation’s premier payments credit union service organization and an integrated fintech solutions provider. The Risk Prevention Analyst is responsible for providing operational risk assessments and fraud mitigation strategies, collaborating with clients and internal teams to enhance fraud detection and prevention measures.

CreditFinTechManagement Consulting

No H1B

Responsibilities

Coordinate the Risk Analytics team's tasks and ensure adherence to established turnaround times and SLAs; manage projects assigned to the team; Ensure quality of all team outputs

Maintain awareness of member client fraud trends and suggest internal procedure changes to Risk Analytics Manager to remain efficient

Continually supervise department workflow to ensure time-sensitive functions are meeting department standards

Maintains productive relationships with all internal stakeholders including Fraud Operations, Risk Management, Product, Retail, Finance as well as external vendors

Advise internal contacts on sensitive issues and recommend client procedures and new product developments

Maintains productive relationships with all internal stakeholders including Fraud Operations, Risk Management, Product, Retail, Finance as well as external vendors

Create and deliver BI reporting to develop thorough reporting for senior leadership, boards, and examiners

Work closely with a designated client list to ensure efficient and effective fraud mitigation through various communication channels such as calls and emails

Uses advanced business, analytical and technical knowledge to participate in discussions with cross functional teams to understand and collaborate on business objectives and influence solution strategies

Translates recommendation into communication materials to effectively present to colleagues for peer review and mid-to-upper-level management. Incorporates visualization techniques to support the relevant points of the analysis and ease the understanding for less technical audiences

Identifies and gathers the relevant and quality data sources required to fully answer and address the problem for the recommended strategy through testing or exploratory data analysis (EDA). Integrates/transforms disparate data sources and resolves appropriate data hygiene techniques to apply

Consults external clients and internal staff on fraud detection and prevention matters, inquiries, and solutions to meet client and business needs. Writes rules, builds custom solutions for clients, and monitors fraud for their client group

Identifies risk exposure associated with fraud trends that have the potential to cause financial losses and poor member experience in client portfolios to determine if mitigation measures are necessary

Leverages knowledge of fraud prevention tools to consult with clients on their fraud and risk goals, review key fraud performance metrics, consult on available fraud tools, and recommend strategic means to minimize risk exposure and improve member experience

Collaborates with other internal teams to serve as client advocate for fraud and risk items and special projects or mitigations

Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures

Responsible for reporting risks identified to the appropriate team and/or management. Additionally, responsible for managing, monitoring and reporting risks within your work area's scope, including, but not limited to Information Security risks

Regular and reliable attendance is required. Some on-call work is required. This position may require early/late hours and availability during weekends to ensure client support on fraud monitoring or mitigation

Remain current with industry and client fraud trends

Perform other duties as assigned