Current jobs related to Fraud Prevention Specialist - Riverwoods, Illinois - Discover Financial Services

Discover. A brighter future.

At Discover Financial Services, we are committed to fostering a culture where every employee contributes to meaningful work from the very first day. Our collaborative environment is anchored in three core principles: We Play to Win, We Get Better Every Day, and We Succeed Together. We recognize and celebrate the unique qualities that each individual brings, providing opportunities for personal and professional growth.

As a pivotal member of our team, you will play a crucial role in safeguarding the financial transactions of millions, ensuring that our customers can trust in the integrity of their financial interactions.

In the role of Fraud Risk Investigator, you will be integral to our mission of maintaining a secure payments environment. Your responsibilities will encompass investigating and analyzing fraudulent activities, while collaborating with various internal and external teams to develop effective countermeasures against emerging threats.

Key Responsibilities:

• Support the management team in achieving strategic business goals.
• Assist in the rollout of fraud prevention products and initiatives.
• Provide consultation and training on fraud-related incidents and trends to stakeholders.
• Monitor and analyze fraud patterns to identify irregularities and inform preventative strategies.
• Represent Discover at industry conferences and events.
• Collect and manage documentation related to fraud investigations.
• Prepare materials for audits and internal reviews.
• Create technical documentation for training and incident reporting.
• Investigate alerts generated by fraud detection systems.
• Utilize advanced fraud detection tools and technologies.
• Identify emerging threats and develop training methods for prevention.
• Stay informed about regulatory requirements affecting the industry.
• Assist leadership with designated functions as needed.

Minimum Qualifications:

To be considered for this position, candidates should possess:

• A Bachelor's Degree in Security, Risk Management, Information Systems, Criminal Justice, Decision Analytics, or a related field.
• A minimum of 4 years of experience in Fraud, Information Security, Engineering, Criminal Justice, Decision Analytics, or a related area.
• Alternatively, 6+ years of relevant experience may substitute for a degree.

Preferred Qualifications:

Ideal candidates will also have:

• A Master's Degree in a relevant field.
• 6+ years of experience in related areas.
• Certifications such as PCIP, Certified Fraud Examiner (CFE), or Certified Financial Crimes Investigator (CFCI).
• Experience with SnowFlake or SQL programming languages.
• Advanced proficiency in Microsoft Office Suite (Word, Excel, SharePoint, PowerPoint).

At Discover, we value our employees as our greatest asset, and we are dedicated to creating a diverse and inclusive workplace. We are an equal opportunity employer and uphold the principles of fairness and respect throughout our hiring process.

Compensation:

The compensation for this role typically ranges between $75,500.00 to $127,000. Additional incentives may be included as part of a competitive total compensation package, influenced by factors such as geographical location, relevant experience, education, and skill level.

Benefits:

We offer a comprehensive benefits package that may include:

• Paid Parental Leave
• Paid Time Off
• 401(k) Plan
• Medical, Dental, Vision, & Health Savings Account
• Short-Term Disability, Life, Long-Term Disability, and Accidental Death & Dismemberment Insurance
• Recognition Programs
• Education Assistance
• Commuter Benefits
• Family Support Programs
• Employee Stock Purchase Plan

We invite you to explore the opportunities available at Discover Financial Services and consider how you can contribute to our mission of providing a brighter financial future for our customers.