Card Fraud Analyst Job at Educational Federal Credit Union, Kendall, FL

V25uVHoybnlQeGJiTWlBSXhKT3pFQnlqNXc9PQ==
  • Educational Federal Credit Union
  • Kendall, FL

Job Description

Job Summary:

The Card Fraud Analyst is responsible for ensuring card-related fraud losses remain within established benchmarks. The Card Fraud Analyst proactively identifies fraud trends and monitors the performance of card fraud rules, and collaborates with the Risk Advisor to develop and refine rules.

We encourage you to view and apply directly at edfed.org/careers

Duties & Responsibilities:

  • Responsible for ensuring card-related fraud losses remain within the Board-approved benchmarks. Monitors industry and peer fraud data to ensure benchmarks align with top-quartile peer performance. Suggests changes to benchmarks as applicable.
  • Monitors the performance of card fraud rules at least weekly, ensuring that rules effectively prevent fraud while maintaining a low false-positive ratio, with real-time rules performing at 2:1 or less, and case creation rules performing at 6:1 or less.
  • Reviews daily incoming card fraud disputes to identify emerging threats.
  • Collaborates with the assigned Risk Advisor to develop and refine rules that do not meet false-positive ratio requirements and/or in immediate response to incoming disputes. Meets monthly with the assigned analyst to discuss the Visa DPS Risk Advisor Monthly Review.
  • Analyses recoverable versus non-recoverable fraud transactions to improve recoveries.
  • Maintains expertise for all aspects of the Falcon system.
  • Develops sophisticated card rules targeted to transactions types that present the highest risk of loss, such as card not present, cross border, force-post, pin-less, test, fallback, and tokenized transactions.
  • Periodically analyzes Visa Approval Rate, with particular emphasis on fraud declines as a percentage of the total Decline Rate.
  • Reviews monthly card fraud charge-offs to identify opportunities for recoveries.
  • Assists with developing an impending a strategy for managing notices received via the Compromise Account Management System.
  • Provides feedback to the Vice President, Card Products and Services concerning card fraud trends based on commonalities in disputes.
  • Periodically walks through the cardholder experience to ensure notifications and system are intuitive and perform as expected.
  • Develops and maintains peer contacts within the industry.
  • Performs other duties as assigned by management.

Requirements:

Associate’s degree or equivalent combination plus 2-5 years of relevant experience in the financial industry

Every employee is required to comply with all Bank Secrecy Act (BSA) policies and procedures, and to attend required BSA-related training as assigned.

The following are some benefits offered to employees:

  • Paid Holiday
  • Paid Birthday
  • Paid Sick and Personal Days
  • Paid Vacation
  • Retirement/401K with matching contributions
  • Medical, Dental and Vision Insurance
  • Life Insurance and Long Term Disability
  • Tuition reimbursement for Undergraduate and Graduate courses
  • Various Incentive Programs
  • Career opportunities

Job Tags

Holiday work, Immediate start,

Similar Jobs

The LINE Hotels

Coffee Shop Barista part time Job at The LINE Hotels

 ...invitation to explore something new.Job OverviewA Barista is responsible for anticipating the needs of coffee guests and providing them with everything they need...  ..., hotel or related experience preferredCoffee shop background and experience in high volume dining preferred... 

Livemomentous

Senior GTM & Product Marketing Manager (Park City) Job at Livemomentous

 ...best. Works with more than 150 teams in professional and NCAA sports, including champions and NFL teams. Push whats possible. Named...  ...the development and execution of the GTM strategy and product marketing for new product launches, ensuring alignment across cross-... 

LaborMax Staffing

2nd shift- pallet jack order picker. Job at LaborMax Staffing

2nd Shift freezer order picker. You will spend most of your time in the freezer and lift heavy boxes. Packages weigh between 5 lbs - 90 lbs The average package weight is 50 lbs - 70 lbs Warming bib provided. This is a cold storage logistics warehouse 2nd Shift, Picker,... 

Host Healthcare

Travel Medical Laboratory Technician Job at Host Healthcare

 ...Job Description Host Healthcare is seeking a travel Medical Lab Technician for a travel job in Aberdeen, Washington. Job Description &...  ...stipend amount to be determined. Posted job title: Medical Laboratory Technician About Host Healthcare At Host Healthcare, we... 

Photogenic

Souvenir Supervisor- Zoo Knoxville Job at Photogenic

 ...Souvenir Supervisor- Zoo Knoxville Since 2001, the core of Photogenic is creating unique souvenir photography solutions. As the Souvenir Division of Cherry Hill Programs, the Photogenic team brings the magic to every experience by capturing moments that last a lifetime...