Risk Analyst - Fraud Risk Management

KeyBank; United States; Remote; USD 77,000 - 90,000; Full time

Job summary

An established industry player is seeking a skilled Risk Analyst to join their Fraud Risk Management team. In this pivotal role, you will oversee fraud risk across the enterprise, developing processes and tools to enhance fraud oversight. You will collaborate with leadership to review and challenge findings, maintain a comprehensive fraud scheme library, and lead initiatives to strengthen fraud risk management. This position offers flexibility with mobile or home-based options, making it an ideal opportunity for those looking to make a significant impact in a dynamic environment.

Qualifications

• 3+ years of experience in fraud/risk management.
• Strong knowledge of fraud controls and risks.

Responsibilities

• Monitor and understand fraud risks within the organization.
• Maintain the fraud scheme library and develop procedures.

Skills

Fraud Risk Management

Problem-Solving

Communication Skills

Project Management

Adaptability

Education

Bachelor's Degree

Degree in Statistics or Mathematics

Tools

Microsoft Office

SharePoint

GRC (Governance, Risk, Compliance)

Job description

Join to apply for the Risk Analyst - Fraud Risk Management role at KeyBank

Location:

For Those Who Work At Home - Various, Ohio 44144

About The Job

This role is part of the Fraud Risk Management team, which is a second line of defense (2LOD) risk team within Operational Risk. Fraud Risk Management oversees fraud risk across the enterprise.

Reporting to the Director, Fraud Risk Assessment Leader, the Risk Analyst will develop and execute processes, tools, and documentation to support enterprise-wide fraud risk oversight, including internal and external fraud. Responsibilities include maintaining the fraud scheme library, reviewing and challenging risk findings with operational risk teams, monitoring fraud-related issues, and developing risk indicators.

Essential Job Functions

1. Understand and monitor fraud risks and issues within the organization.
2. Review and challenge findings, controls, and risk ratings in accordance with policies.
3. Maintain and update the fraud scheme library.
4. Review reports and analyses with leadership monthly.
5. Develop and maintain departmental procedures.
6. Lead or participate in risk-related projects and initiatives.
7. Present findings and recommendations to leadership and teams.
8. Identify opportunities for control and reporting improvements.
9. Stay informed about industry changes and best practices.
10. Support initiatives to strengthen fraud risk oversight.

Required Qualifications

• Bachelor's Degree or equivalent experience.
• At least 3 years of fraud/risk management experience.
• Knowledge of fraud controls, risks, and schemes.
• Experience managing projects across functions.
• Strong problem-solving and communication skills.
• Proficiency in Microsoft Office, SharePoint, GRC.
• Ability to adapt and learn quickly.

Preferred Qualifications

• Degree in Statistics, Mathematics, or related field.
• Over 5 years of experience in fraud/risk management, particularly in second line of defense.

Compensation and Benefits

Salary ranges from $77,000 to $90,000 annually, with eligibility for incentives. Role may be mobile or home-based, supporting flexible work arrangements.

KeyBank is an Equal Opportunity Employer. Reasonable accommodations available upon request.