Senior Associate, Fraud Detection/Surveillance

Are you a sharp, analytical thinker with a passion for preventing financial fraud? Do you thrive in a fast-paced and dynamic work environment? If so, we have an exciting opportunity for you to join our team as a Senior Associate in Fraud Detection/Surveillance at The Bank of New York Mellon. As a global financial institution, we take pride in our reputation for integrity and are dedicated to maintaining the highest standards of ethical and professional conduct. In this role, you will play a critical role in protecting our clients, shareholders, and the financial system from fraudulent activities. We are seeking a highly skilled and experienced individual with a strong understanding of fraud detection and surveillance techniques, as well as a commitment to staying ahead of emerging threats. If you are looking for a challenging and rewarding career in the financial industry, we invite you to apply for this position.

1. Conduct thorough and ongoing analysis of financial data to identify potential instances of fraud.
2. Utilize advanced fraud detection tools and techniques to proactively identify and prevent fraudulent activities.
3. Collaborate with cross-functional teams to develop and implement strategies for fraud prevention and mitigation.
4. Stay up-to-date on the latest industry trends and emerging fraud threats to continuously improve fraud detection and prevention protocols.
5. Conduct investigations into suspected fraudulent activities, including gathering evidence, conducting interviews, and collaborating with law enforcement agencies.
6. Develop and maintain strong relationships with internal stakeholders, such as Compliance, Risk Management, and Legal teams.
7. Prepare and present reports on fraud trends, incidents, and prevention efforts to senior management and other key stakeholders.
8. Monitor and review suspicious activity reports and take appropriate action to mitigate potential risks.
9. Conduct regular audits and reviews of fraud detection and prevention processes to ensure effectiveness and compliance with regulatory requirements.
10. Provide guidance and training to junior team members on fraud detection and surveillance techniques and best practices.
11. Identify and recommend process improvements to streamline and enhance fraud detection and prevention processes.
12. Maintain the highest levels of ethical and professional conduct in all aspects of the job.

According to JobzMall, the average salary range for a Senior Associate, Fraud Detection/Surveillance in Boston, MA, USA is $71,000- $109,000 per year. This range can vary depending on factors such as experience, education, and specific job responsibilities.

The Bank of New York Mellon Corporation is an American worldwide banking and financial services holding company headquartered in New York City. Bank of New York was established in 1784. BNY Mellon was formed with the merger of The Bank of New York and the Mellon Financial Corporation.