Charles Schwab Payments Fraud Strategy Analyst in Westlake, Texas
Westlake - TX, TX2050R, 2050 Roanoke Road, 76262-9616
We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.
As a company, we were established by Chuck at http://www.aboutschwab.com/about/leadership/charles_schwab over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.
In Corporate Risk Management, we provide an integrated risk management strategy that supports the delivery of predictable financial and operational performance in order to produce successful client and shareholder outcomes. We are organized around six primary functions: Credit, Market, and Investment Risk; Enterprise Risk; Information Security Risk; Model Risk, Operational Risk; and Deposits & Payments Risk. Our Deposits & Payments Risk team manages the risk of loss in deposit and payment services offered through Schwab Bank and Brokerage affiliates.
What you’ll do:
As a Payments Fraud Strategy Analyst, you will support our Deposits & Payments Risk Management team by having a hands-on role in the effective management of our debit card, wire, check, ACH, and online bill pay products to acceptable levels of risk. The Manager will work closely with business partners to gather, prepare and analyze data to identify risks and describe variances to targets and trend. This person will also be accountable for recommendations targeted at striking the balance between the risk of fraud loss and a superior client experience.
Key job responsibilities will include, but are not limited to:
Design, compile and analyze data and KPI reporting to identify and communicate variances from established targets.
Daily monitoring and analysis of transaction data to identify and escalate emerging fraud trends.
Secondary review and back-testing of fraud management strategies; participation in strategy implementation.
Development and presentation of ad hoc analyses targeted towards remediating emerging fraud threats and assessing new product/service risk.
Monitoring vendor performance for adherence to established Service Level Agreements.
Data management activities including compiling, joining, cleansing and enriching data across multiple data sources.
What you have:
Ideally 2 - 5 years of experience in business and/or financial analytics.
Experience in retail payments and/or online payment management services a plus.
Basic understanding of risk-based decision strategy development; some knowledge of decision engine strategies and concepts a plus
Strong analytical background, with intermediate level skills in SQL and/or SAS, Teradata, or related; advanced skills in Microsoft Excel.
Understanding of online and mobile banking channels with an emphasis on digital security: authentication, data, etc.
Strong communication and presentation skills
Excellent and proven relationship skills.
A bachelor’s degree in Business, Finance, or related field.
What you’ll get:
Comprehensive Compensation and Benefits package
Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts
Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program
Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions
Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships
Not just a job, but a career, with an opportunity to do the best work of your life
Learn more about Life@Schwab at http://www.aboutschwab.com/careers/lifeatschwab/" .
Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab's hiring decisions. All other submissions should be performed online.
Languages:English - spoken
Current Licenses / Certifications:None
Relevant Work Experience:Risk Analysis
Position Located In:TX - Westlake, CO - Lone Tree
Job Type:Full Time
Activation Date: Tuesday, May 22, 2018
Expiration Date: Saturday, June 23, 2018