Principal Fraud Detection Analytics

Discover Financial Services - Riverwoods, IL3.9

Full-timeEstimated: $78,000 - $110,000 a year
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At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We’re all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

Responsible for the development and implementation of best-in-class fraud detection analytics that leverages real-time customer and transactional data for transactions. Works closely with Business Technology, Decision Management, and Infrastructure teams to prioritize and push forward projects that will enhance the attribute set and data sources available for fraud decision on SAS Fraud Manager.

Responsibilities

Develops and implements best-in-class fraud detection analytics that leverages real-time customer and transactional data for card-present transactions.
Supports and leads key projects. Manages Security projects as they pertain to Card initiatives.
Champions new initiatives to achieve Fraud’s core goals and the goals of Business. Champions innovations to reduce fraud risk, improves operations, and leverages security to improve the customer experience.
Collaborates with Security’s Operations to ensure Strategies are feasible and streamlined for operational efficiency.
Reports fraud losses, trends, and variances to Senior Management and adapts strategies and resources allocation to current fraud environment.
Develops fraud scorecards for various channels of fraud and shares those with Senior Management in corresponding business units.
Minimum Qualifications

At a minimum, here’s what we need from you:
Master’s Degree Statistics, Economics, Engineering, Computer Science, other Quantitative fields or related field
2+ years of experience in fraud prevention analytics, quantitative analytics, or related field
Preferred Qualifications

If we had our say, we’d also look for:
4+ years of experience in Project Management
8+ years of experience in Fraud, Analytics, strategy within credit card industry, or related field
Discover Financial Services is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, among other things, or as a qualified individual with a disability.