Charles Schwab

Visa Debit Card Fraud Risk Manager

Charles Schwab

Phoenix, AZ, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Charles Schwab! We are a leading financial services company with a focus on empowering individuals to achieve their financial goals. As a Visa Debit Card Fraud Risk Manager, you will play a critical role in protecting our clients from fraudulent activity and ensuring the integrity of our Visa debit card program. We are seeking an experienced and highly motivated individual who is passionate about risk management and has a strong understanding of fraud prevention strategies. If you are a proactive and detail-oriented professional with excellent analytical skills and a strong sense of accountability, we encourage you to apply for this exciting opportunity.

  1. Develop and implement strategies to prevent and detect fraudulent activity on Charles Schwab's Visa debit card program.
  2. Monitor and analyze data to identify potential fraudulent patterns and trends.
  3. Collaborate with internal teams and external partners to gather and share information on potential fraud cases.
  4. Conduct thorough investigations of suspected fraudulent activity and take necessary actions to mitigate risk.
  5. Utilize data analysis and risk assessment tools to identify potential vulnerabilities and recommend proactive measures to prevent future fraud.
  6. Stay up-to-date on industry trends and best practices in fraud prevention and continuously improve processes and procedures.
  7. Work closely with the Compliance team to ensure all fraud prevention procedures comply with regulatory requirements.
  8. Train and educate team members and other departments on fraud prevention strategies and procedures.
  9. Maintain accurate and detailed records of fraud cases, investigations, and outcomes.
  10. Communicate effectively with clients and provide excellent customer service in resolving any fraud-related issues.
  11. Collaborate with Visa and other external partners to stay informed on industry updates and changes in fraud prevention technology.
  12. Identify and escalate any potential risks or gaps in the fraud prevention process to senior management.
  13. Prepare and present reports on fraud trends and prevention efforts to senior management.
  14. Maintain a high level of confidentiality and discretion in handling sensitive information related to fraud cases.
  15. Uphold the company's values and ethical standards in all aspects of the job.
Where is this job?
This job is located at Phoenix, AZ, USA
Job Qualifications
  • Strong Understanding Of Fraud Risk Management: A Visa Debit Card Fraud Risk Manager At Charles Schwab Should Have Extensive Knowledge And Experience In Identifying, Assessing, And Mitigating Fraud Risks Associated With Debit Card Transactions. This Includes Understanding Fraud Trends, Patterns, And Methods Used By Fraudsters.

  • Analytical And Data-Driven Mindset: The Ideal Candidate Should Possess Strong Analytical Skills And Be Able To Interpret Large Amounts Of Data To Identify Potential Fraud Risks. They Should Also Be Able To Use Data To Develop And Implement Effective Fraud Prevention Strategies.

  • Knowledge Of Industry Regulations: A Visa Debit Card Fraud Risk Manager Should Be Well-Versed In Industry Regulations And Compliance Requirements Related To Debit Card Fraud. This Includes Regulations Set By Visa And Other Relevant Authorities.

  • Experience With Fraud Detection Tools And Technologies: Charles Schwab Is A Leading Financial Institution And, Therefore, Requires A Candidate Who Is Proficient In Using The Latest Fraud Detection Tools And Technologies. This May Include Knowledge Of Machine Learning, Ai, And Other Advanced Analytics Solutions.

  • Communication And Collaboration Skills: To Effectively Manage Fraud Risks, The Candidate Should Have Excellent Communication And Collaboration Skills. They Should Be Able To Work Closely With Cross-Functional Teams, Including Fraud Investigators, It, And Customer Service, To Quickly Respond To Potential Fraud Incidents.

Required Skills
  • Risk Management

  • Financial Analysis

  • Data Analysis

  • Auditing

  • Compliance Knowledge

  • Risk assessment

  • Investigative skills

  • Fraud prevention

  • Fraud

  • Fraud detection

  • Fraud Trends

  • Fraud Monitoring

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Organizational skills

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Visa Debit Card Fraud Risk Manager in Phoenix, AZ, USA is $68,000 to $93,000 per year. However, this can vary depending on factors such as experience, education, and specific job responsibilities.

Additional Information
Charles Schwab is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 29th, 2024
Apply BeforeJune 21st, 2025
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About Charles Schwab

Through its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services.

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