Internal Fraud Risk Management Data Analyst

U.S. Bancorp India; Chennai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

U.S. Bancorp India is seeking an internal fraud risk analytics professional based in Chennai to evaluate, influence, and implement risk-based approaches against potential internal fraud.

The role collaborates with business lines and technical partners to mine complex data and deliver insightful risk reporting. Responsibilities include leading analytical projects, identifying emerging risks, and providing actionable recommendations to senior leadership.

Qualifications

• Bachelor's degree or equivalent work experience in a quantitative field.
• 5 to 7 years of total analytics experience.
• Experience with SAS/SQL/R/Python and data visualization tools.
• Knowledge of financial services regulations and risk management preferred.
• Strong communication and problem-solving skills.

Responsibilities

• Create and execute recurring risk reporting for management and stakeholders.
• Identify emerging trends and root causes for leadership visibility.
• Lead analytical projects across lines with extensive data mining.
• Identify new risks to monitor and provide actionable recommendations.
• Perform ad hoc analyses to evaluate controls and suggest enhancements.
• Collaborate with cross-functional teams including policy governance and data analytics.

Skills

Analytics

Education

Bachelor's degree in Business, Finance, Computer Science, Business Analytics, Statistics or other quantitative field

Tools

SAS

SQL

R

Python

Azure

Databricks

Synapse

Power BI

Tableau

Job description

Job Description

The internal fraud risk analytics professional will reside within the Enterprise Fraud Risk Management analytics area and will work cross-functionally with business lines and technical partners to evaluate, identify, and influence adoption of risk-based approach to mitigate potential internal fraud risk.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically, 5 to 7 years of total experience in Analytics

Preferred Skills/Experience

• Bachelor's degree in Business, Finance, Computer Science, Business Analytics, Statistics or other quantitative field required
• Extensive data analytics experience preferably in the financial services industry.
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Excellent presentation, interpersonal, written, and verbal communication skills
• Exceptional problem solving, critical thinking, and troubleshooting skills
• Advanced knowledge in Microsoft Office applications, including PowerApps
• Ability to prioritize and manage multiple tasks, while establishing responsible deadlines
• Flexibility in day-to-day work and tolerance for ambiguity
• Positive 'can-do' attitude and a strong desire to continue to learn and ask questions
• The ability to work well in a team environment
• Excellent communication skills, both written and verbal
• Ability to build relationships cross-functionally with both co-located and remote colleagues
• Attention to detail in writing, planning, and communication
• The ability to work with minimal oversight
• Experience with SAS, SQL, R, Python, Azure, Databricks, Synapse, or other similar applications
• Experience with dynamic reporting dashboards and data visualization tools (e.g. Power BI, Tableau)
• Ability to work with and influence at all levels of the organization, including senior leadership
• Knowledge of financial services products, systems, and data.

Roles and Responsibilities

• Create and execute recurring risk reporting for management and other key stakeholders - to demonstrate effective independent monitoring and trending insight.
• Proactively identify emerging trends and partner with key stakeholders to identity root cause for leadership visibility.
• Lead analytical projects using advanced analytical/statistical techniques and partnering with key stakeholders around the organization. The analytical projects could span across different business lines across the enterprise and requires extensive data mining skills often from complex databases, working with different products, data sources, and data types (customer, application, transaction, clickstream, etc.)
• Proactively and strategically lead efforts to identify new risks to monitor, source data needed, and provide actionable recommendations based on reported results, benchmarks, and discovered patterns.
• Perform ad hoc analysis to understand effectiveness of current controls and recommend enhancements.
• Closely work and provide support to partners in areas including Issue Management, Policy Governance, Data Analytics etc.
• Collaborate with business lines - to strengthen risk management policies, procedures, and practices.

Work Mode: WFO

Shift Timings: 1:30 PM to 10:30 PM

Location: Chennai

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.