Fraud Detection Associate jobs in Stamford, CT

Fraud Detection Associate monitors account activity to detect possible customer fraud. Performs analysis to identify possible front-end and/or back-end fraud. Being a Fraud Detection Associate identifies areas for increased security procedures and reports to fraud prevention associates. May contact customers to verify or explain unusual account activity. Additionally, Fraud Detection Associate requires a high school diploma. Typically reports to a supervisor or manager. The Fraud Detection Associate possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)

S
VP, Consumer Bank Fraud Strategy Analyst
  • Synchrony Financial
  • Stamford, CT FULL_TIME
  • Job Description:

    Role Summary/Purpose:

    This position plays a key role in managing the fraud and loss mitigation capabilities for the Consumer Bank portfolio. This position is accountable for driving fraud strategy development & changes for the Consumer bank. This includes identifying solutions that increase fraud detection, mitigate losses, and optimize fraud alerts in account authentication and transactional behavior processes. In addition, the candidate will maintain a process of fraud instance evaluation and work with a team to launch new products and services in a protected and controlled fashion for the Consumer Bank. Accountability within the role also includes strategy planning, development, and implementation of Credit initiatives for new account acquisition, customer authentication, money movement capabilities and account management that maintain a balance between risk and reward in support of the Consumer Bank portfolio.

    We’re proud to offer you choice and flexibility. You have the option to be remote, and work from home, or come into one of our offices. You may be occasionally requested to commute to our nearest office for in person engagement activities such as team meetings, training and culture events.

    Essential Responsibilities:

    • Develop strategic recommendations on fraud detection/mitigation/alert optimization solutions and enhancements for bank.

    • Drive search for and evaluation of recommended solutions - providing related Strategy impact assessment and SME input into final decision.

    • Analyze and interpret transactional and customer pattern data for behaviors indicative of fraud activity.

    • Formulate and implement robust fraud prevention strategies that will enable us to detect fraud early in the lifecycle which will mitigate risks and protect the organization.

    • Leverage fraud detection tools, machine learning, and other technologies to enhance detection capabilities and stay ahead of emerging threats.

    • Work closely with cross-functional teams, including risk management, cybersecurity, and operations, vendors to align fraud prevention efforts with broader organizational goals.

    • Support Fraud Operations and support the production of consistent performance in working fraud alerts.

    • Develop and implement effective responses to detected fraudulent activities, coordinating with relevant teams for resolution.

    • Regularly monitor key performance indicators, generate reports, and provide insights on fraud trends and risks to stakeholders.

    • Stay informed about industry trends, best practices, and emerging technologies to continuously enhance fraud prevention strategies.

    • Develop and lead fraud vendor services, optimize deliverables, set, and manage budget and expense to ensure best outcome for the business.

    • Prepare and deliver Executive and Senior Management presentations to share results, drive new Strategy buy-in and facilitate informed decisions.

    • Serve as leader for Consumer Bank Credit and Fraud as needed.

    • Perform other duties and/or special projects as assigned.

    Qualifications/Requirements:

    • BA/BS Degree in related field required and 5 years in a financial services position with experience in bank fraud and/or AML/ Operations

    • Demonstrated expertise in financial crimes, regulatory compliance, payment association and other related governing rules/guidelines including ID Theft Red Flags, Vulnerable Americans, KYC/CIP/EDD/Patriot Act, Reg. CC, NACHA, UCC, FCRA and other related governing rules/guidelines.

    • 5 years Fraud Strategy Experience

    • 2 year Fraud and/or AML Investigative Experience

    • Strong analytical skills with demonstrable skills in data analysis and interpretation

    • Familiarity with industry fraud detection tools, machine learning, and statistical modeling

    • Expertise in customer behaviors patterns surrounding fraud

    Desired Characteristics:

    • MBA or other advanced degree in related field

    • Expertise with consumer banking laws and regulations

    • Ability to adapt strategies to changing fraud landscapes

    • Detail-oriented self starter capable of managing multiple priorities

    • Large project management experience in banking or financial services

    • Excellent communication and collaboration skills

    • Strong self manager, highly self motivated

    • Advanced computer skills (Excel, Word, PowerPoint, Outlook)

    • Certified Fraud Examiner (CFE)

    • Certified Anti Money Laundering Specialist (CAMS)

    Grade/Level: 12

                                                                

    The salary range for this position is 110,000.00 - 185,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.

    Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

    Salaries are adjusted according to market in CA, NY Metro and Seattle.

    Eligibility Requirements:

    • You must be 18 years or older

    • You must have a high school diploma or equivalent

    • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process

    • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

    • New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles.  Once this new hire time in position requirement is met, the associate will have a minimum 6 months’ time in position before they can post for future non-exempt roles.  Employees, level 8 or greater, must have at least 18 months’ time in position before they can post.  All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don’t meet the time in position or performance expectations).

    Legal authorization to work in the U.S. is required.  We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. 

    Our Commitment:

    When you join us, you’ll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard—but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we’re building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks , with more than 60% of our workforce engaged, you’ll find community to connect with an opportunity to go beyond your passions.

    This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.

    Reasonable Accommodation Notice:

    • Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

    • If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627.   Representatives are available from 8am – 5pm Monday to Friday, Central Standard Time

    Job Family Group:

    Credit

  • 11 Days Ago

P
Associate
  • Palm Venture Studios
  • Greenwich, CT FULL_TIME
  • Palm Venture Studios is seeking a talented and motivated individual to join our team as a Talent Associate. This would start part time (10-20 hours per week) but could grow into full time work over ti...
  • 21 Days Ago

K
Associate
  • Kforce
  • Stamford, CT FULL_TIME
  • A Kforce client is seeking to hire a M&A Associate in Stamford, Connecticut (CT). This role can be remote most of the time with one trip a quarter to Princeton, NJ office or hybrid (2 days a week) in ...
  • 23 Days Ago

C
Associate
  • Colliers International
  • Stamford, CT FULL_TIME
  • Make your next move an expert one.At Colliers it's not our success that sets us apart, it's how we achieve it. Our people are passionate, take ownership and always do what's right for our clients, peo...
  • 10 Days Ago

J
Associate
  • J. Morrissey
  • Norwalk, CT FULL_TIME
  • Our client, a health and wellness company, is looking for an Operations Associate to join their team. In this role, you will have an opportunity to ensure the day-to-day operations of the company are ...
  • 1 Month Ago

P
Associate
  • Pelham Berkeley Search
  • Stamford, CT FULL_TIME
  • High Profile Mid-sized Fund seeks energetic and diligent Operations Associate to work in a lead role as part of small team responsible for all Global Equities cash management and trade settlements . T...
  • 1 Month Ago

Filters

Clear All

  • Filter Jobs by companies
  • More

0 Fraud Detection Associate jobs found in Stamford, CT area

M
Associate Scientist
  • Manpower Engineering
  • Trumbull, CT
  • Our client, a chemical and consumer goods manufacturer, is seeking an associate Scientist to join their team. As an Asso...
  • 3/28/2024 12:00:00 AM

N
Research Associate
  • NYU Langone Health
  • New York, NY
  • NYU Grossman School of Medicine is one of the nation's top-ranked medical schools. For 175 years, NYU Grossman School of...
  • 3/27/2024 12:00:00 AM

N
Research Associate
  • NYU Langone Health
  • New York, NY
  • NYU Grossman School of Medicine is one of the nation's top-ranked medical schools. For 175 years, NYU Grossman School of...
  • 3/27/2024 12:00:00 AM

N
Associate Research Coordinator
  • NYU Langone Health
  • New York, NY
  • NYU Grossman School of Medicine is one of the nation's top-ranked medical schools. For 175 years, NYU Grossman School of...
  • 3/27/2024 12:00:00 AM

N
Anesthesia Associate
  • NYU Langone Health
  • Mineola, NY
  • NYU Langone Hospital-Long Island is a 591-bed university-affiliated medical center, which offers sophisticated diagnosti...
  • 3/26/2024 12:00:00 AM

N
Anesthesia Associate
  • NYU Langone Health
  • Mineola, NY
  • NYU Langone Hospital-Long Island is a 591-bed university-affiliated medical center, which offers sophisticated diagnosti...
  • 3/26/2024 12:00:00 AM

L
Associate Demand Planner
  • LG Electronics USA
  • Englewood Cliffs, NJ
  • LG's Mission is to be #1 by creating a better life for our customers. At LG we make products and services that make live...
  • 3/24/2024 12:00:00 AM

S
Associate Director of Sales
  • Sunrise Senior Living
  • Yonkers, NY
  • Overview The Associate Director of Sales (ADOS) is responsible for supporting and assisting the Sales and Marketing team...
  • 3/18/2024 12:00:00 AM

Stamford (/ˈstæmfərd/) is a city in Fairfield County, Connecticut, United States. According to the 2010 census, the population of the city is 122,643. As of 2017, according to the Census Bureau, the population of Stamford had risen to 131,000, making it the third-largest city in the state (behind Bridgeport and New Haven) and the seventh-largest city in New England. Approximately 30 miles (50 kilometers) from Manhattan, Stamford is in the Bridgeport-Stamford-Norwalk Metro area which is a part of the Greater New York metropolitan area. Stamford is home to four Fortune 500 Companies, nine Fort...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Fraud Detection Associate jobs
$40,668 to $55,110
Stamford, Connecticut area prices
were up 1.7% from a year ago

Fraud Detection Associate in Springfield, OH
They are the ones responsible for monitoring any activity, done by the customers, to determine the presence of the customer’s fraud.
February 09, 2020
Fraud Detection Associate in Lompoc, CA
They analyze all angles of people’s activity to determine if there is really the presence of fraud, either from the back end or front end of a specific activity.
December 31, 2019
Fraud Detection Associate in Lowell, MA
One of the jobs that are highly recognized in the public is a fraud detection associate.
January 16, 2020