Full-Time

First Party Fraud Policy Officer

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$103.9k - $155.9kAnnually

+ Incentive Awards + Retention Awards

Senior

Jacksonville, FL, USA

Primary location is Jacksonville, Florida.

Category
Risk Management
Finance & Banking
Required Skills
SQL
Data Analysis
Requirements
  • 6+ years experience, Demand Deposit related experience or analysis and data mining experience strongly preferred
  • Experience with writing and implementing fraud strategies in leading fraud decision engines is desired.
  • Previous experience in statistical and data analysis with working knowledge of at least one of the following statistical software packages: SAS/SQL (required) SPSS, or equivalent; SAS Enterprise Miner experience is a plus.
  • Bachelor’s/University degree or equivalent experience
Responsibilities
  • Guard against intelligent, adaptive perpetrators of financial crime.
  • Analyze, design & implement transactional fraud mitigation strategies while maximizing client experience across multiple Retail portfolios.
  • Develops and implements effective Fraud detection and prevention strategies to mitigate fraud losses while ensuring an appropriate balance between risk and customer experience at application, point of sale and within client contact points.
  • Proactively identifies fraud detection issues at the strategy and portfolio level and provide analytical/modeling solutions.
  • Manages large scale end to end projects, including vendor score business case development, technology implementation, score model upgrades, and technological implementation assessments.
  • Leverages customer data to build risk segmentation and mitigation strategies.
  • Completes complex analyses identifying authentication strategy and procedure gaps, manage implementation process across several business groups to affect change.
  • Identifies portfolio monitoring gaps and work with MIS team to develop and build necessary reporting.
  • Conducts substantial interaction with Policy, Operations, Credit Risk, and other functional business partners to optimize business strategies.
  • Applies subject matter expertise to the prioritization and planning of projects in conjunction with fraud management policies and strategies.
  • Adheres to strict audit and control requirements; participate in audit related activities and assist Citi Retails Services Fraud Analytics Team Lead with completion of the audit and compliance related activities.
  • Performs other duties and functions as assigned.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Citigroup provides a variety of financial services to individuals, businesses, and governments around the world. Its offerings include consumer banking, credit services, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to facilitate cross-border transactions and serve a diverse clientele. Citigroup's products work by leveraging its extensive global network and technology to provide efficient banking solutions, generating revenue through interest on loans, service fees, trading, and investment management. What sets Citigroup apart from its competitors is its strong focus on sustainability and social responsibility, as demonstrated by its investments in environmental, social, and governance (ESG) initiatives. The company's goal is to create a positive financial and social impact while ensuring growth and profitability.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

New York City, New York

Founded

1812

Growth & Insights
Headcount

6 month growth

12%

1 year growth

12%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's investment in Pylon enhances access to institutional-grade mortgage products.
  • The €410 million investment in SeQura supports international market expansion.
  • Citi strengthens SME lending with a £200 million debt funding package for iwoca.

What critics are saying

  • Increased competition from fintechs like Pylon may lead to market cannibalization.
  • SeQura's expansion may not meet expectations, affecting Citi's returns.
  • Citi's large debt funding packages increase exposure to credit risk.

What makes Citigroup unique

  • Citi operates in over 160 countries, offering a vast global network.
  • The company integrates technological innovations for seamless banking solutions.
  • Citi's commitment to ESG initiatives sets it apart in sustainability efforts.

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