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

Discover. A brighter future.

At Discover Financial Services, you will engage in impactful work from the very start. Our culture is founded on three essential principles: We Play to Win, We Get Better Every Day, and We Succeed Together. We genuinely want you to develop and contribute to one of the leading digital banking and payments organizations globally. Your individuality is valued, providing you with the opportunity to excel.

Help shape your future while being instrumental in assisting millions of individuals in achieving a brighter financial outlook with Discover.

At Discover, you will be part of an environment where diversity, teamwork, and collaboration are paramount. We prioritize our employees just as much as our customers, consistently earning accolades for both. Our workforce is our greatest asset, and it is the reason Discover is recognized as a premier workplace. Be a key player in helping millions of consumers secure a brighter financial future while advancing your career.

Your role will involve collaborating with both internal and external teams to identify emerging threats within the payments landscape. You will be responsible for developing and implementing strategies to prevent payment data breaches and reduce fraud-related losses. Proactively managing and escalating risks and customer-impacting issues will be a critical part of your daily responsibilities.

Key Responsibilities:

As a Fraud Risk Investigator, you will play a crucial role in safeguarding the integrity and security of financial transactions. Your responsibilities will include:

• Supporting the management team in achieving strategic business goals.
• Assisting in the rollout of fraud prevention products and initiatives.
• Providing consultation and training regarding fraud incidents, programs, and trends to stakeholders.
• Monitoring and analyzing fraud trends to detect anomalies and aid in the development of preventive measures.
• Representing Discover at industry conferences and events.
• Collecting and managing documentation related to your work.
• Preparing and reviewing materials for audits and internal evaluations.
• Drafting technical documentation related to training and incidents as necessary.
• Investigating alerts generated by fraud detection systems.
• Utilizing fraud detection technologies and tools effectively.
• Assisting in identifying new threats and fraud prevention strategies.
• Staying informed about regulatory requirements.
• Supporting leadership functions as required.

Minimum Qualifications:

To be considered for this position, you 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 in lieu of a degree.

Preferred Qualifications:

While not mandatory, the following qualifications are advantageous:

• A Master's Degree in Security, Risk Management, Information Systems, Criminal Justice, Decision Analytics, or a related field.
• 6+ years of experience in Fraud, Information Security, Engineering, Criminal Justice, Decision Analytics, or a related area.
• 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).

Compensation:

The base salary for this role typically ranges from $75,500.00 to $127,000. Additional incentives may be included as part of a competitive compensation package. Factors such as geographical location, relevant experience, education, and skill level may influence the salary for this position.

Benefits:

We offer a comprehensive range of benefits and programs based on eligibility, including:

• 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

Discover is committed to fostering a diverse and inclusive workplace. We are an equal opportunity employer and do not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other legally protected status.