Sr. Fraud Strategy Analyst

3M HEALTHCARE; Kansas City (MO); On-site; USD 57,560 - 124,170; Full time

Benefits offered by this job

Paid time off

401(k) matching

Annual incentive

Health insurance

Dental insurance

Vision insurance

Wellbeing program

Job summary

UMB is seeking a Sr. Fraud Strategy Analyst to support multi‑channel payment fraud strategy and reporting for senior executives. You will work with card, Check, ACH, wire, and digital channels to identify risks and drive data-driven decisions.

You will build and validate analyses, develop controls, and present findings to leadership while ensuring regulatory compliance and collaboration with industry peers.

Qualifications

• Bachelor’s degree in statistics or an equivalent field, or at least 5 years of data analytics or banking industry experience.
• At least 4 years of hands-on experience with card, check, ACH and/or wire fraud strategy development and analysis.
• Proficiency in First Data’s Defense Edge, IBM’s Safer Payment or an equivalent fraud strategy system.
• Proficiency in SAS or an equivalent system.
• Knowledge of analysis tools such as Angoss Knowledge Studio.
• Strong problem-solving, analytics, and reporting skills.
• Ability to manage time, meet deadlines, and work under limited supervision.
• Experience working proactively and collaboratively in a team environment.
• Legal authorization to work in the United States; work visa sponsorship is not available for this position.

Responsibilities

• Provide data to help identify emerging fraud trends and UMB’s overall fraud performance across all payment channels.
• Analyze fraud trends using statistical modeling, including decision tree analysis, and recommend actionable solutions to the Manager, Enterprise Data Strategy.
• Provide appropriate data and reports to meet overall business needs and expectations of the enterprise fraud unit.
• Identify fraud exposure and adjust fraud prevention systems to detect and mitigate fraudulent transactions.
• Continuously evaluate the effectiveness of existing analytical tools.
• Produce data and reporting to fulfill overall business needs and expectations of the Director of Enterprise Fraud Operations and the bank’s senior executives.
• Provide quality oversight to all strategy changes, including validating analysis supporting any changes.
• Ensure compliance with all regulatory requirements.
• Identify new product fraud risks and develop/implement appropriate controls and safeguards.
• Communicate regularly with peer banks and industry organizations to maintain awareness of industry risks and trends.
• Stay current with UMB’s fraud policies and procedures.
• Furnish and deliver professional presentations at various forums and committees to multiple levels of leadership.

Skills

Fraud analytics

Data reporting

Regulatory compliance

Team collaboration

Time management

Communication

Problem solving

Attention to detail

US work authorization

Education

Bachelor’s degree in statistics or equivalent + 5 years analytics/banking experience

Tools

First Data Defense Edge

IBM Safer Payment

SAS

Angoss Knowledge Studio

Job description

The Sr. Fraud Strategy Analyst reports directly to the Manager, Enterprise Fraud Strategy, supporting business reporting and analytical needs for multi‑channel payment systems. These channels include Card (Debit and Credit), Check, Digital Online Banking, Mobile, Wire, ACH & P2P. The role works as a member of a multi‑channel data team, operating the systems and tools used for the creation of reports consumed by line‑of‑business senior executives and for managing fraud prevention strategies across all payment channels.

Responsibilities

• Provide data to help identify emerging fraud trends and UMB’s overall fraud performance across all payment channels.
• Analyze fraud trends using statistical modeling, including decision tree analysis, and recommend actionable solutions to the Manager, Enterprise Data Strategy.
• Provide appropriate data and reports to meet overall business needs and expectations of the enterprise fraud unit.
• Identify fraud exposure and adjust fraud prevention systems to detect and mitigate fraudulent transactions.
• Continuously evaluate the effectiveness of existing analytical tools.
• Produce data and reporting to fulfill overall business needs and expectations of the Director of Enterprise Fraud Operations and the bank’s senior executives.
• Provide quality oversight to all strategy changes, including validating analysis supporting any changes.
• Ensure compliance with all regulatory requirements.
• Identify new product fraud risks and develop/implement appropriate controls and safeguards.
• Communicate regularly with peer banks and industry organizations to maintain awareness of industry risks and trends.
• Stay current with UMB’s fraud policies and procedures.
• Furnish and deliver professional presentations at various forums and committees to multiple levels of leadership.

Qualifications

• Bachelor’s degree in statistics or an equivalent field, or at least 5 years of data analytics or banking industry experience.
• At least 4 years of hands‑on experience with card, check, ACH and/or wire fraud strategy development and analysis.
• Demonstrated aptitude in First Data’s Defense Edge, IBM’s Safer Payment or an equivalent fraud strategy system.
• Proficiency in SAS or an equivalent system.
• Knowledge of analysis tools such as Angoss Knowledge Studio.
• Strong problem‑solving, analytics, and reporting skills.
• Ability to manage time, meet deadlines, and work under limited supervision.
• Experience working proactively and collaboratively in a team environment.
• Legal authorization to work in the United States; work visa sponsorship is not available for this position.

Compensation and Benefits

Compensation Range: $57,760.00 – $124,170.00. UMB offers competitive and varied benefits to eligible associates, including paid time off, 401(k) matching, annual incentive pay, paid holidays, comprehensive health, dental, vision and other insurance coverage, health savings and flexible spending accounts, dependent care accounts, adoption assistance, an employee assistance program, fitness reimbursement, tuition reimbursement, a wellbeing program, and an associate emergency fund. Benefit offerings and eligibility requirements vary.

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