Payments Fraud Analytics Lead

Payments Fraud Analytics Lead

The Payments Fraud Analytics Lead is responsible for leading the Bank's fraud prevention and risk management activities for payment systems to mitigate both the Bank's and our clients' exposure to potential fraudulent activities. The manager evaluates industry, client and situational / threat trends by payment type, as well as cross-channel. The position is responsible for ongoing analytics and recommendations which are presented to senior executive management enterprise wide, and used to rapidly respond to emerging fraudulent activities. In addition, the manager is responsible for developing and implementing the Bank's Fraud Prevention analytics to support new products such as Zelle, as well as new product features such as increases to existing debit cards.

Develop the Bank's payments fraud strategy to minimize the Bank's payments fraud losses.

Assess trends impacting payments fraud and provide real-time recommendations to mitigate potential fraud against the Bank and clients.

Define, formulate and create complex analytical models to assess payments fraud activities. Create models to assess payments fraud activity within a specific payment system and across payment systems.

Serve a Bank's Knowledge Expert on Payments Fraud and accountable for developing the Bank's Payments Fraud Strategy. Actively participate in key payments initiatives.

Create, test and implement rule criteria. Balance fraud prevention recommendations with client experience considerations. Updates may be required on a 24 / 7 / 365 basis to prevent fraud.

Analyze loss data and recommending / implementing appropriate loss prevention strategies. Evaluate fraud cases and losses holistically to identify potential trends, and areas of improvement.

Participate actively in development of Fraud Policies and Risk Management activities, supporting a broad-spectrum of business units across the Bank.

Develop and produce executive key performance metrics and report to senior management and enterprise risk.

Create and deliver reports as requested by clients, implement state of the art analysis tools and forecast processes that ensure global delivery of actionable information as necessary.

Required Qualifications :

• Bachelor's Degree or equivalent
• Minimum 5 years in financial services experience with deep knowledge of payment systems. Demonstrated ability to work in an enterprise wide role and to lead through influence.
• Minimum 3 years with fraud strategy and rule writing
• Minimum 3 years of experience using reporting / query tools such as Brio, MS Query, MS Access, Excel, Crystal Reports or Business Objects and Falcon system / scoring.

Additional Qualifications :

Compensation : Starting base salary : $101,231 - $172,355 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions.

Benefits and Perks :

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including :

About Us :

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.

Inclusion and Equal Opportunity Employment :

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.