Fraud Risk Analyst

Reposted Yesterday
Be an Early Applicant
4 Locations
In-Office
74K-122K Annually
Mid level
eCommerce • Fintech • Information Technology • Payments • Financial Services
At Fiserv, we aspire to move money and information in a way that moves the world.
The Role
Analyze fraud attacks, identify signatures and root causes, evaluate financial and operational impacts, recommend mitigation strategies, and monitor fraud-control performance. The role maintains early-warning dashboards and reports, mines complex datasets, conducts ad hoc analysis, develops fraud-prevention rules and machine-learning models, and presents data-driven findings to senior leaders. Candidates need a bachelor’s degree or equivalent experience, at least three years in fraud prevention or related fintech, banking, or ecommerce work, and three years of data-analytics experience.
Summary Generated by Built In

Calling all innovators - find your future at Fiserv.

We're Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants and consumers to one another millions of times a day - quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we're involved. If you want to make an impact on a global scale, come make a difference at Fiserv.

Job Title

Fraud Risk Analyst

What does a successful Fraud Risk Analyst at Fiserv do?
As a successful Fraud Risk Analyst, you will be responsible for executing analytical based processes to detect fraud attacks, analyze impacts, determine effective prevention and mitigation and monitor the performance of the fraud risk ecosystem. Additionally, you will conduct analysis relative to root cause evaluation and associated observed volumes as well as financial and operational impacts with associated recommended remediation paths. You will ultimately create fact and data-based insights, which will be used to inform and influence change across the organization.
What you will do:
-Enhance and execute analysis for identifying new fraud attacks, detect attack signatures and determine root cause of fraud events observed or attempted in the network using data associated with cardholder accounts that includes both financial and non-financial data.
-Maintain and monitor a robust suite of early warning monitors to systemically identify abnormal activity and possible pre-cursor attack activity; produce monitors via dashboards, daily monitoring reports and ad-hoc reporting.
-Quickly source, analyze and deduce root cause and effective mitigation options consistently and accurately across the network.
-Manage fraud ecosystem measures to monitor the effectiveness and performance of all fraud controls.
-Conduct ad-hoc analysis to ensure accuracy and speed by maintaining a robust set of analytical capabilities and datasets.

What you will need to have:
-Bachelor’s degree in Business and/or Computer Science or equivalent work experience.
--3+ years of related work experience in Fin Tech, Ecommerce, Banking and/or fraud prevention.
-3+ years of experience as a Data Analyst.
-Competency in Python/PySpark/SQL and/or comparable data analysis skills in Snowflake, Palantir, AWS, Azure, Splunk, PowerBI, Actimize and/or other Fraud Prevention Platform building Fraud Prevention Rules and Artificial Intelligence Machine Learning models.
-Experience mining complex datasets and generating business reports.
-Experience developing, creating and presenting complex concepts and outcomes to senior leaders in support of a positive ROI and decreasing Fraud.

What would be great to have:
-Master's degree in Computer Science or a related field.
-Fraud Certification in ACAMS CAFS, ACFE.
-Coding Certification and/or documented supporting use case, education.


#LI-AM2


You must currently possess valid and unrestricted U.S. work authorization to be considered for this role. Individuals with temporary visas including, but not limited to, F-1 (OPT, CPT, STEM), H-1B, H-2, or TN, or any candidate requiring sponsorship, now or in the future, will not be considered for this role.

Salary Range

$74,000.00 - $122,400.00

These pay ranges apply to employees in New Jersey and New York. Pay ranges for employees in other states may differ.

It is unlawful to discriminate against a prospective employee due to the individual's status as a veteran.

This position is not eligible for an annual incentive opportunity and is also not eligible to earn commissions.

Thank you for considering employment with Fiserv.  Please:

  • Apply using your legal name
  • Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

Our commitment to Equal Opportunity:

Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law. 

If you have a disability and require a reasonable accommodation in completing a job application or otherwise participating in the overall hiring process, please contact [email protected]. Please note our AskHR representatives do not have visibility to your application status. Current associates who require a workplace accommodation should refer to Fiserv’s Disability Accommodation Policy for additional information.

Note to agencies:

Fiserv does not accept resume submissions from agencies outside of existing agreements. Please do not send resumes to Fiserv associates. Fiserv is not responsible for any fees associated with unsolicited resume submissions.

Warning about fake job posts:

Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information. Any communications from a Fiserv representative will come from a legitimate Fiserv email address.

Skills Required

  • Bachelor's degree in Business, Computer Science, or equivalent work experience
  • 3+ years of related experience in fintech, ecommerce, banking, or fraud prevention
  • 3+ years of experience as a Data Analyst
  • Competency in Python, PySpark, SQL, or comparable data-analysis skills using relevant analytics, cloud, monitoring, business-intelligence, or fraud-prevention platforms
  • Experience mining complex datasets and generating business reports
  • Experience developing and presenting complex concepts and outcomes to senior leaders
  • Valid and unrestricted U.S. work authorization without current or future sponsorship requirement
  • Master's degree in Computer Science or a related field
  • Fraud certification such as ACAMS CAFS or ACFE
  • Coding certification or documented supporting use case and education

Fiserv Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fiserv and has not been reviewed or approved by Fiserv.

  • Healthcare Strength — Healthcare coverage is positioned as comprehensive, spanning medical, dental, and vision options alongside disability, life, and mental-health support resources. The offering is further reinforced by wellness programming and access to an employee assistance program with counseling.
  • Leave & Time Off Breadth — Time-off support appears broad, including paid holidays, sick time, and policies framed as well-being or recharge time. Parental leave and other leave types such as bereavement are also described as part of the overall package.
  • Retirement Support — Retirement benefits include a 401(k) plan with company matching and, for some legacy populations, access to a defined benefit pension plan. Equity-related programs such as an employee stock purchase plan are also described as available for eligible employees.

Fiserv Insights

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The Company
HQ: Milwaukee, WI
41,000 Employees
Year Founded: 1984

What We Do

Fiserv, Inc. (NYSE: FI) is a leading global provider of payments and financial services technology solutions, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com.

Why Work With Us

As a global leader in payments and financial technology, we proudly serve clients in more than 100 countries. As one of Fortune® magazine's "World's Most Admired Companies™" 9 of the last 10 years, one of Fast Company’s Most Innovative Companies, and a top scorer on Bloomberg’s Gender-Equality Index, we are committed to innovation and excellence.

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