Risk Analyst I - (Fraud Strategy)

Credit One Bank; Las Vegas (NV); On-site; USD 80,000 - 110,000; Full time

Job summary

Credit One Bank is seeking a Fraud Risk Analyst I to join the Fraud Risk team in Las Vegas, NV. You will analyze data to detect fraud trends, develop and manage strategies, and present insights to leadership.

The role emphasizes collaboration across departments and timely execution of multiple initiatives. The ideal candidate has a quantitative degree and 3+ years in risk or a related field, with proficiency in SAS/SQL and MS Office.

Qualifications

• Bachelor's degree in a quantitative field such as Business, Finance, Economics, or Statistics.
• 3+ years in a Risk Management or quantitative role (credit cards/financial services preferred).
• Experience with fraud detection and mitigation: identity theft, verification, first-party fraud, account takeover.
• Proficiency in SAS and/or SQL (or similar language).
• Ability to query large data sets and transform findings into actionable insights.
• Proficiency with Microsoft Office (Excel, Word, PowerPoint, Visio).
• Strong analytical, communication, and problem-solving skills.
• Ability to independently develop fraud risk strategies and drive change.

Responsibilities

• Detect fraud trends by analyzing data and recommending strategies to reduce fraud losses.
• Perform tracking, reporting, and create presentations on KPI metrics.
• Develop, implement, and manage Fraud Risk Strategies related to third- and first-party fraud.
• Identify areas for improvement and optimize existing Fraud Risk Strategies.
• Conduct ad hoc analyses and present actionable insights to management.
• Collaborate with stakeholders and departments to align fraud risk efforts.
• Balance multiple initiatives and meet tight deadlines.

Skills

Analytical skills

Communication skills

Problem-solving skills

Education

Bachelor's degree in Business/Finance/Economics/Statistics

Tools

SAS

SQL

Excel

PowerPoint

Visio

Job description

Position Summary

As a Fraud Risk Analyst I, you will work within the Fraud Risk team to develop, implement, and manage Fraud Risk Management strategies that reduce fraud losses and increase profitability, while improving the customer experience. Operating in a fast-paced environment, the position will provide opportunities to leverage your strong analytical, communication, and problem‑solving skills.

Summary of Essential Job Functions

• Detect fraud trends by analyzing data and recommending strategies to reduce fraud losses
• Perform tracking, reporting, and create presentations on Key Performance Indicators (KPI)
• Develop, implement, and manage Fraud Risk Strategies related to third‑ and first‑party fraud types
• Take initiative to identify areas of improvement and ways to optimize existing Fraud Risk Strategies
• Perform ad hoc analyses and communicate actionable insights to management
• Partner and collaborate with other key stakeholders and departments
• Balance multiple initiatives and set priorities to meet tight deadlines

Position Requirements

• Bachelor's degree, preferably in Business, Finance, Economics, Statistics or another quantitative discipline
• 3+ years of experience in a Risk Management or quantitative role, preferably in credit cards or financial services
• Working knowledge of detection and mitigation practices for fraud types, including identity theft and verification, first‑party fraud, and account takeover
• Proficiency in SAS and/or SQL, or a similar programming language
• Ability to query large amounts of data and transform into actionable insights
• Experience using the Microsoft tool suite (Excel, Word, PowerPoint, Visio)
• Strong analytical, communication, and problem‑solving skills
• Ability to independently build effective fraud risk strategies and create meaningful change within the organization

Credit One Bank is an equal opportunity employer committed to diversity and inclusion and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin. Reasonable accommodations can be made for those who require them, including access to job applications and workplace accommodations.