Fraud Risk Analytics Specialist

Velera Solutions, LLC; United States; Remote; USD 61,000 - 94,000; Full time

Benefits offered by this job

Competitive wages

Medical with telemedicine

Dental and Vision

401k (with employer match)

Paid Time Off (PTO)

Maternity, Parental, Family Care

Job summary

Velera Solutions, LLC, a leading payments CUSO, seeks a Risk Prevention Analyst to assess operational risk and design fraud mitigation strategies using AI and ML. You will analyze transaction data, write rules, and collaborate with internal teams to protect clients and drive efficiency.

You will partner with FDWC and client teams, monitor fraud trends, develop BI reporting for senior leadership, and ensure timely delivery within SLAs.

Qualifications

• Bachelor’s degree in Business, Statistics, Mathematics, Computer Science, Engineering or Economics or related field or combination of education and experience required.
• Five (5) years within the financial service industry required.
• Three (3) years professional experience in risk analytics, mitigating risk and/or fraud services required.
• Payments processing system knowledge preferred.
• Experience with, , Fraud Detection Work Center and/or FDR system experience required.

Responsibilities

• Develop and implement Fraud strategies leveraging transaction data, machine learning models and advanced analytics tools to mitigate fraud losses and maintain superior customer experience.
• Coordinate the Risk Analytics team's tasks and ensure adherence to established turnaround times and SLAs; manage projects assigned to the team.
• Create and deliver BI reporting to develop thorough reporting for senior leadership, boards, and examiners.
• Collaborate with other internal teams to serve as client advocate for fraud and risk items and special projects or mitigations.
• Regularly monitor and report risks within your work area's scope, including Information Security risks.

Skills

SQL

Fraud detection

Data analytics

Education

Bachelor’s degree in Business, Statistics, Mathematics, Computer Science, Engineering or Economics or related field

Tools

DefenseEdge

Falcon

Advance Defense

Fraud Navigator

FDR system

Job description

Velera Solutions, LLC, a leading payments CUSO, seeks a Risk Prevention Analyst to assess operational risk and design fraud mitigation strategies using AI and ML. You will analyze transaction data, write rules, and collaborate with internal teams to protect clients and drive efficiency.

You will partner with FDWC and client teams, monitor fraud trends, develop BI reporting for senior leadership, and ensure timely delivery within SLAs.