Senior Associate, Fraud Detection/Surveillance

About the role

The role of Fraud Detection and Surveillance is located in Boston, MA. This role involves researching and analyzing global fraud and AML activities, reviewing low risk queues, and communicating with clients to revise scoring models and establish new rules for cards in affected regions while ensuring minimal adverse effects on cardholders.

Responsibilities

• Researches and analyzes global fraud and AML activities, reviewing low risk queues and communicating with clients to revise scoring models and establish new rules for cards in affected regions while ensuring minimal adverse effects on cardholders.
• Reviews moderate-risk information to detect possible data breaches or suspicious AML-related activity, identifying and alerting impacted consumers and clients, and discussing strategic changes and potential impacts with clients.
• Demonstrates strong understanding of established rules, clients, and queues; reviews and tests the validity of established rules to ensure effective detection mechanisms and breach response.
• Analyzes global trends to monitor and recommend rule sets for clients, revising low risk queues and scoring models appropriately, identifying breaches and addressing AML-related alerts, and ensuring client assets are protected through activities such as card reissuance.

Requirements

• Bachelor’s degree or the equivalent combination of education and experience.
• 5-7 years of total work experience preferred.
• Experience in Finance preferred.
• Strong analytical skills with the ability to interpret complex data and trends.

Qualifications

• People leadership experience may be applicable in some geographies; no direct reports required but may provide guidance to less experienced team members.

Skills

• Strong analytical skills.
• Ability to interpret complex data and trends.

Benefits

• Competitive compensation package.
• Flexible global resources and tools.
• Health and wellness programs.
• Generous paid leaves, including paid volunteer time.
• Equal Employment Opportunity/Affirmative Action Employer.

Pay

The base salary for this position is expected to be between $58,000 and $120,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

Schedule

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.