Sr. Fraud Risk Management Analyst

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

Benefits offered by this job

Healthcare

401(k)

Paid vacation

11 paid holidays

Adoption assistance

Disability leave

Job summary

U.S. Bank is seeking a Fraud Analytics Risk Analyst to join the Enterprise Fraud Risk organization.

You will investigate fraud losses, claims, and data to identify root causes and emerging trends, and provide independent, data-driven challenge to fraud strategies and controls. You will develop benchmarks, KRIs, and governance for transparent, auditable analyses, while collaborating across teams on data modernization initiatives including Databricks and cloud platforms.

Qualifications

• Bachelor's degree or equivalent work experience.
• Six+ years of applicable analytics/risk management experience.
• Experience querying relational databases and large datasets from multiple sources.
• Proficiency in SAS, SQL, Python or R; ability to learn new tools.
• Strong written and verbal communication skills for business audiences.
• Experience with fraud, financial crimes or operational risk data in financial services.

Responsibilities

• Perform independent, data-driven analyses of fraud losses, claims, complaints, alerts, and other risk indicators to identify root causes and trends.
• Provide credible challenge to fraud strategies, detection rules, controls and reporting.
• Develop benchmarks, thresholds, segmentation, KRIs, and trend analyses for fraud exposure and loss performance.
• Design repeatable, auditable analytical methodologies and governance processes.
• Identify emerging fraud threats and opportunities; recommend risk mitigations to stakeholders.
• Assess fraud risk implications of changes in business, products, models, or technology; provide recommendations.

Skills

SQL

Python

R

SAS

Power BI

Tableau

Databricks

Cloud analytics

Written communication

Education

Bachelor's degree in quantitative field

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 Analytics Risk Analyst supports U.S. Bank’s Enterprise Fraud Risk organization by delivering the analysis that recurring reporting cannot. This analyst investigates fraud losses, claims, complaints, and operational data to identify root causes and emerging risk trends, and provides independent, data-driven credible challenge to business line fraud strategies, processes, and controls.

Core Responsibilities

• Perform independent, data-driven analyses of fraud losses, claims, complaints, alerts, operational data, and other risk indicators to identify root causes, control gaps, emerging fraud risks, and customer impacts.
• Provide effective second-line credible challenge to business line fraud strategies, detection rules, controls, processes, and performance reporting through analytical deep dives and independent assessments.
• Develop independent benchmarks, thresholds, segmentation frameworks, key risk indicators, and trend analyses to assess changes in fraud exposure, control effectiveness, customer outcomes, and loss performance.
• Design and maintain transparent, repeatable, and auditable analytical methodologies, monitoring frameworks, and governance processes that can be independently validated, refreshed, and reproduced as new data becomes available.
• Proactively identify emerging fraud threats, control weaknesses, and monitoring opportunities by sourcing and analyzing relevant data assets, developing actionable insights, and recommending risk mitigation actions to business and risk management stakeholders.
• Assess the fraud risk implications of significant business, product, strategy, model, vendor, and technology changes through independent impact analyses and provide risk-based recommendations
• Support strategic data and cloud modernization initiatives involving fraud analytics, monitoring solutions, reporting assets, and analytical controls, including migration to Databricks, Azure, cloud data platforms, and enterprise data domains.

Basic Qualifications

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

Preferred Skills And Experience

• Bachelor’s degree in a quantitative field, or equivalent work experience
• Four or more years of experience in analytics, risk management, fraud, financial crimes, or a related field
• Experience querying relational databases and working with large data sets from multiple sources
• Proficiency in at least one analytical language or platform (SAS, SQL, Python, R, or similar), with the flexibility to learn new tools
• Strong written and verbal communication skills, including presenting findings to a business audience
• Experience with fraud, scams, payments, claims, complaints, or operational risk data in financial services
• Experience working with unstructured or free-text data and building categorization logic
• Experience providing credible challenge or independent risk oversight
• Experience with Power BI, Tableau, or similar visualization tools; interest in Databricks and cloud analytics platforms
• Comfort using AI tools such as Microsoft Copilot within an analytical workflow
• Familiarity with regulatory, audit, or governance environments
• This role requires working from a U.S. Bank location three (3) or more days per week.
• We are hiring in the following locations:
• Tempe, AZ
• Minneapolis, MN
• Charlotte, NC
• Cincinnati, OH

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.