Fraud Risk Analyst

U.S. Bank; Cincinnati (OH); On-site; USD 105,000 - 124,000; Full time

Benefits offered by this job

Healthcare

Life Insurance

Disability

Parental Leave

401(k)

Paid Vacation

Holidays

Adoption Assistance

Sick Leave

Job summary

U.S. Bank is seeking a Fraud Business Analyst to partner across Fraud Strategy, risk, and digital teams. You will analyze fraud risks, map processes, quantify losses, and translate data into actionable insights for leadership.

Responsibilities include evaluating controls, supporting pilot designs, and delivering reports that drive risk reduction across enterprise functions. Strong SQL/Python skills preferred.

Qualifications

• Bachelor’s degree or equivalent work experience.
• Typically 6+ years of applicable experience.
• Proficient in SAS, SQL, Python for data analysis.
• Translate data into actionable insights for senior leadership.
• Strong communication and project management skills.

Responsibilities

• Identify fraud vulnerabilities and map business processes.
• Quantify fraud losses and revenue impact.
• Develop enterprise-wide fraud controls and vendor testing support.
• Deliver structured reporting for executive decisions.

Skills

SQL/Python

Data analysis

Fraud analytics

Leadership

Stakeholder mgmt

Microsoft Office

Education

Bachelor’s degree or equivalent

Tools

SAS

Excel

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

The Fraud Business Analyst serves as a strategic partner across Fraud Strategy, business lines, digital teams, and enterprise risk functions. The role blends advanced fraud risk analysis with business consulting, solution evaluation, and cross-functional influence. This position identifies fraud vulnerabilities, maps and evaluates business processes, sizes financial impact (fraud losses, revenue impact, operational costs), and translates complex data into clear, actionable insights.

The Analyst applies deep domain knowledge in authentication, transaction risk, identity verification, and servicing workflows to recommend fraud controls, guide vendor solution testing, and support development of enterprise-wide fraud mitigation strategies. This role is also responsible for maintaining awareness of emerging fraud trends, assessing vendor capabilities, contributing to pilot design and evaluation, and delivering structured reporting that informs executive decision making.

The Analyst functions as a connector between technical teams, product owners, fraud operations, and enterprise partners—ensuring data-driven decisioning, process clarity, and delivery of measurable risk reduction.

Basic Qualifications

• Bachelor’s degree, or equivalent work experience
• Typically more than six years of applicable experience

Preferred Skills/Experience

• Ability to perform analysis using SAS, SQL, Python, or similar programming language to tie data from multiple sources together
• Proficiency in analytics related to financial management, cost benefit analysis, evaluating fraud prevention infrastructure, and making data driven recommendations
• Experience analyzing data to determine loss impact on any given product and determine multiple risk management strategies and enhancements
• Demonstrated ability to navigate ambiguity, synthesize complex data, and translate insights into actionable recommendations for senior leadership
• Capacity to conduct an analysis of business need and/or define and maintain complex process flows as needed, lead meetings, plan agendas, and conferring with business line leaders
• Strong project management skills
• Effective verbal and written communication skills working with and influencing at all levels of the organization, including senior leadership
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications and data analysis software
• Process mapping and ability to understand a business workflow to identify gaps and realize potential solutions

LOCATION EXPECTATIONS

This role requires working from a U.S. Bank Location three (3) or more days per week.

NOTE

This position is not eligible for current or future visa sponsorship.

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.

Benefits

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $105,400.00 - $124,000.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.