Job details
Salary $130,000 - $160,000 a year job type full-time
Full job description
Location: for those who work at home - various, ohio 44145 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 riskFraud risk management has responsibility for oversight of fraud risk horizontally across the enterpriseThe team provides subject matter expertise and oversight for fraud risks, including establishing and maintaining policies and standards specific to fraud risk management; providing review and challenge in conjunction with the operational risk lob oversight teams to the lobs for risks, controls, and programs related to fraud; aggregating exposure for fraud risk; working with the lobs to create and monitor risk indicators for fraud and evaluating and reporting on enterprise risk appetite for fraud risk.
Reporting to the senior director, fraud risk management, the fraud analytics and reporting oversight leader is responsible for developing and leading the 2lod monthly fraud risk review process to create a quantitative and qualitative view of the aggregate fraud risk profile for keybank from an enterprise perspective, inclusive of internal and external fraudKey areas of focus include review and challenge of front-line metrics/reporting, execution of the operational loss program for fraud losses, aggregation of fraud related data points and oversight of fraud detection tools/strategiesThe fraud analytics and reporting oversight leader will partner with leaders in both the lob and the 2lod to achieve these outcomesEssential functions
Review and challenge effectiveness of fraud strategies, tools, and controls across the enterprise
Integrate outputs of fraud oversight processes into a monthly view of aggregated fraud risk, inclusive of new business initiatives, findings, metric development, model risk and risk assessments
Own 2lod fraud metrics and partner with the front line to create an aggregated fraud dashboard, inclusive of kris and kpis to measure risk across the fraud life cycle
Partner with the model risk team to understand impacts of model related findings to the fraud risk profile
Create oversight processes for non-model fraud detection tools/strategies and opine on effectiveness of strategies; identify opportunities for enhancement
Partner with finance and lobs to create a robust fraud loss forecast process and establish and execute a review/challenge process annually and ongoing as warranted as trends and performance may change
Provide oversight and challenge for key fraud related technology initiatives
Execute requirements of the operational loss program for fraud losses, completing root-cause analysis and developing an aggregate view of loss trends, issues, and emerging risks
Analyze fraud related near miss and industry events and assess control environment of key to determine if actions need to be taken to mitigate potential risk
Use analytics to identify emerging fraud trends/risks
Develop strong working relationships with senior leaders to include both enterprise fraud services and lob leaders and risk stakeholders within the fraud ecosystem
Develop and maintain industry partners/network to benchmark processes and trends
Build, lead and develop a diverse and high performing team
Required qualifications
10+ years in fraud risk management experience in the first or second line or a combination of both
Bachelor`s degree or equivalent; master’s degree in finance, business, accounting or analytics preferred
Advanced microsoft office skills
Ability to synthesize data into actionable items and articulate a clear strategy
Excellent verbal, written and interpersonal communication skills
Strong analytical skills will high attention to detail and accuracy
Ability to interact with all levels of an organization
Industry fraud specific certification (e.gCfe)
Compensation and benefits this position is eligible to earn a base salary in the range of $130,000 to $160,000 annually depending on job-related factors such as level of experienceCompensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performancePlease click here for a list of benefits for which this position is eligibleKeycorp is an equal opportunity and affirmative action employer committed to building a diverse, equitable and inclusive cultureAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing hr_compliance@keybank.com.
