Risk Prevention Analyst - Remote

Velera; United States; Remote; USD 54,000 - 69,000; Full time

Job summary

Join a forward-thinking company as a Risk Prevention Analyst, where you will play a pivotal role in safeguarding financial transactions. This remote position involves utilizing cutting-edge fraud mitigation tools and collaborating closely with clients to develop effective strategies. You will analyze data, create reports, and stay ahead of industry trends to ensure robust risk management. With a commitment to diversity and inclusion, this innovative firm offers competitive wages and a range of benefits, making it an excellent opportunity for those passionate about making a difference in the financial services industry.

Benefits

Medical, dental, vision insurance

Paid Time Off

Life and disability insurance

Retirement plans with employer match

Tuition reimbursement

Employee assistance and wellness programs

Qualifications

• 2+ years in risk analytics or fraud mitigation.
• Experience in financial services preferred.

Responsibilities

• Coordinate Risk Analytics tasks and manage projects.
• Create BI reports and monitor fraud trends.
• Advise on fraud detection and risk mitigation.

Skills

Risk Analytics

Fraud Mitigation

Data Analysis

Communication Skills

Education

Associate’s Degree in Business Administration

Equivalent Experience

Tools

DefenseEdge

Falcon

FDWC

FDR Systems

Job description

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Join the People Helping People

PSCU/Co-op Solutions is now Velera! PSCU and Co-op Solutions became a single entity on January 2, 2024, and our new company name was announced on May 7, 2024. Our new brand represents our shared mission and our ability to drive momentum for credit union success in a new era of financial services.

The Opportunity

The Risk Prevention Analyst is responsible for providing operational risk assessments using fraud mitigation tools, focusing on analysis, design, and AI technology related to fraud strategies, call queue creation, monitoring, support, and management. The role involves supporting external clients and internal staff on fraud detection and prevention, writing rules, creating solutions, monitoring fraud trends, and collaborating with various teams and management.

Day in the Life

1. Coordinate the Risk Analytics team’s tasks, ensure adherence to SLAs, manage projects, and ensure quality of outputs.
2. Stay updated on fraud trends and suggest procedural improvements.
3. Supervise department workflow to meet standards.
4. Maintain relationships with internal stakeholders and external vendors.
5. Advise on sensitive issues and new product developments.
6. Create and deliver BI reports for leadership and regulators.
7. Work closely with clients to ensure effective fraud mitigation.
8. Use technical knowledge to collaborate on business objectives and influence strategies.
9. Prepare communication materials for peer review and management presentations.
10. Gather and analyze relevant data, ensuring data quality and hygiene.
11. Consult on fraud detection, write rules, and monitor fraud for clients.
12. Identify risk exposures and recommend mitigation strategies.
13. Leverage fraud prevention tools and consult with clients on risk management.
14. Collaborate with internal teams on client advocacy and projects.
15. Ensure risks are identified, measured, and controlled according to policies.
16. Report risks to management and monitor within your scope.
17. Maintain reliable attendance; some on-call and after-hours work required.
18. Stay current with industry fraud trends.
19. Perform other duties as assigned.

Qualifications

• Associate’s Degree in Business Administration or related field, or equivalent experience.
• At least 2 years in the financial services industry.
• At least 2 years in risk analytics, fraud mitigation, or related services.
• Knowledge of payments processing systems preferred.
• Experience with DefenseEdge, Falcon, FDWC, or FDR systems required.

About Velera

At Velera, we foster a diverse, inclusive workplace where every employee can thrive. We are committed to diversity, equity, and inclusion. Learn more about our initiatives and commitment to a respectful work environment.

Pay Range

$54,000.00 - $68,800.00, adjusted based on experience and other factors.

Benefits

• Competitive wages
• Medical, dental, vision insurance
• Paid Time Off, Holidays
• Life and disability insurance
• Retirement plans with employer match
• HSA, FSA, and supplemental insurance options
• Employee assistance and wellness programs
• Tuition reimbursement

Velera is an Equal Opportunity Employer and E-Verify participant. We support accommodations for individuals with disabilities. For assistance, contact [e-mail].