Fraud Risk Officer

At Citigroup, we are looking for a highly motivated Fraud Risk Officer to join our team. The ideal candidate will have excellent analytical, communication, and problem-solving skills, with a passion for data-driven decision-making. The Fraud Risk Officer will be responsible for developing, implementing, and monitoring effective fraud risk management strategies in a fast-paced, customer-focused environment.To be successful in this role, the candidate should have a Bachelor’s degree in Business, Finance, or a related field, as well as previous experience in risk management or fraud risk. Experience in financial services and/or credit/debit card fraud is highly desirable. The ideal candidate should also be able to demonstrate strong analytical and problem-solving skills, excellent communication and interpersonal skills, and an ability to work independently and collaborate with stakeholders.We are looking for a self-starter who is passionate about working in a dynamic and customer-centric environment. If you are a motivated, reliable, and analytical professional with a commitment to providing exceptional customer service, we would love to hear from you!

Responsibilities of a Fraud Risk Officer:

1. Develop, implement, and monitor effective fraud risk management strategies in a fast-paced, customer-focused environment.
2. Analyze customer data to identify potential fraud patterns or trends.
3. Maintain an up-to-date understanding of customer behavior and emerging fraud risks.
4. Monitor and analyze customer accounts for suspicious activities and take appropriate actions.
5. Work closely with other departments to ensure successful implementation of fraud prevention initiatives.
6. Prepare and present reports to stakeholders on fraud risk trends and mitigation strategies.
7. Respond to customer inquiries regarding fraud risk and prevention.
8. Identify areas of improvement in fraud prevention and risk management processes.
9. Collaborate with other teams to ensure compliance with all applicable laws and regulations.
10. Maintain records of all fraud investigations.

According to JobzMall, the average salary range for a Fraud Risk Officer in New York, NY, USA is $55,000 to $100,000 per year.

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.