Fraud Data Analytics Specialist

Regions Bank; Birmingham (AL); On-site; USD 54,000 - 65,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Job summary

Regions Bank is seeking a Fraud Data and Analytics Analyst to transform data for operational and decision-making insights in fraud detection. You will work with senior analysts to gather and interpret data, providing leaders with actionable insights to protect the bank from financial loss.

Responsibilities include analyzing fraud threats, identifying savings opportunities, and developing reporting that communicates findings to management.

Qualifications

• Master's degree in Business, Computer Science, Information Systems, Finance, Statistics, Criminal Justice, Mathematics, Engineering, or related field
• Or Bachelor’s degree in Business, Computer Science, Information Systems, Finance, Statistics, Criminal Justice, Mathematics, Engineering, or related field and two (2) years of experience in a data analytics or related role

Responsibilities

• Performs in-depth analysis and interpretation of fraud-based threats impacting the bank by gathering and analyzing data, providing reports from the analysis, determining how fraud was conducted, quantifying losses, and providing recommendations to management to address the threat and mitigate losses
• Identifies fraud savings opportunities through net loss or operational efficiency / effectiveness
• Assesses effectiveness of current rule strategies and performs analysis to drive recommendations for enhancements
• Develops and executes transaction and system monitoring for unusual and/or suspicious merchants and other redemption activities
• Assists in preparing reports that are valuable, readable, and presentable to stakeholders
• Assists in the preparation of visual reports/presentations to present analysis to management
• Interprets, analyzes, and provides insights to teams and managers to determine operational impact, trends, and opportunities
• Performs data analysis to help achieve data automation
• Creates and maintains databases to help classify and store information
• Completes day-to-day deliverables and ad-hoc data reports to support business needs/projects and answer data-related questions
• Ensures compliance by performing quality data audits, mining, and management
• Monitors data and analytics trends and seeks opportunities for continuous improvement
• Partners with the centralized Data Governance team to implement and support data governance and data quality requirements
• Partners with the Model Governance team to support model governance activities including ongoing monitoring
• Stays abreast of best practices and fraud trends to optimize and refine controls used to detect fraudulent activity

Skills

SQL

SAS

Python

R

Machine Learning

Education

Master's degree

Bachelor's degree + 2 years experience

Tools

Tableau

Power BI

Snowflake

Hadoop

Job description

Regions Bank is seeking a Fraud Data and Analytics Analyst to transform data for operational and decision-making insights in fraud detection. You will work with senior analysts to gather and interpret data, providing leaders with actionable insights to protect the bank from financial loss.

Responsibilities include analyzing fraud threats, identifying savings opportunities, and developing reporting that communicates findings to management.