Fraud Modeling Manager

Company: Disability Solutions
Location: Phoenix
Posted on: April 16, 2024

Job Description:

Job Title:Fraud Modeling ManagerLocation:CityScapeWhat you'll do:Financial Crimes Compliance has a business need to actively work with customers, educating them on how to reduce the risk of fraud that could negatively impact their business and result in financial loss to the bank. Due to the various accounting software products our customers use, the Fraud Modeling Manager will also assist our internal customers with integration and promote the use of the banks' fraud monitoring. They will also be responsible to educate internal customers on fraud trends and how to avoid them. When there is fraud, the Fraud Modeling Manager will work closely with the fraud team to incorporate potential new fraud typologies. The Fraud Modeling Manager ensures fraud modeling systems are following model governance and leads the team for emerging fraud risks by working with the Fraud Risk Team.What we are looking for: Responsibilities:

• Build and oversee a team of advanced data analysts Modelers as they work with key stakeholders, audit, and Model Governance to understand fraud related business strategy, questions, and goals.
• Works with internal customers to identify gaps and opportunities for change/improvement within the CMC Financial Crimes Compliance team (FCC) as it relates to risk.
• Work with the internal customer Fraud Analysts to implement bank systems that focus on reducing fraud/loss risk while training them on the proper thresholds and typologies controls to make the use of those systems effective.
• Work closely with Operations and Corporate Security Fraud Analysts to help architect new strategies and beta products/processes designed to address fraud risk for existing and upcoming products and services.
• Monitor and manage the fraud modeling team working on a fraud loss to control the bank's risk once fraud has occurred on a client account to actively reduce the bank's risk of taking a financial loss.
• Educate internal customers on why controlling Fraud risk is important to their business.
• Drive usage and adoption of WAB products/systems that are focused on controlling risk through a structured process of direct client communication, analysis, and training.
• Assists in the development of internal and external user guides and training sales officers, WAB Operations Team members, and our internal customers on Fraud.
• Creates and maintains Fraud models, model reports, and any Fraud Ad hoc strategies.
• Works with fraud team for implementation, tuning, remediating, and retiring Fraud models/IT Systems.
• Assist in developing fraud short and fraud long-term initiatives for department to align with business strategies.
• Support team's continuous development to advance their technical skillsets, and to stay informed of industry innovations in analytics and tools.Qualifications:
  • Bachelor's degree (BA) or equivalent from a college or university and 7 or more years related experience or, 10 or more years related experience.
  • Relevant experience
  • Experience with Payment Rails and Bank data Check/Wire/ACH Fraud alerts, alarm systems, and access control systems preferred.
  • Advanced knowledge of general banking, including an understanding of bank products, services, regulations, policies, and procedures, with an emphasis in Financial Crimes.
  • Strong statistical analytical skills and expert knowledge of data visualization tools and SQL/Python/SAS/ other coding languages.Benefits you'll love:We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!About the company:Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Phoenix , Fraud Modeling Manager, Accounting, Auditing , Phoenix, Arizona