The Fraud Ops Group Manager is a senior management level position responsible for accomplishing results through the management of a team or department to drive fraud management policies, processes and procedures to minimize the impact of fraud in coordination with the Operations - Services team.The overall objective of this role is to manage fraud losses by ensuring analysts make appropriate decisions using risk/reward balance methodology.
Responsibilities:
Manage multiple teams or a functional area and a component of the fraud loss portfolio
Contribute to the development of fraud management policies, processes, procedures, tactics and strategies for portfolios under oversight
Manage fraud losses and ensure analysts make appropriate decisions, managing the execution of operational objectives and goals
Recommend, direct and approve fraud decisions on domestic and international corporate relationships using detailed financial, industry ratios
Redirect and participate in identifying resource needs to meet strategic objectives and initiatives, and assist in executing change initiatives
Develop, manage and execute merchant fraud and collusion detection strategies, and identify process improvements to support the area
Develops the information infrastructure to support improvement strategies across all portfolios
Evaluate subordinates' performance and make recommendations for pay increases, hiring, terminations and other personnel actions
Ensure essential procedures are followed and contribute to defining standards
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:
10+ years of experience in a related role
Senior to advanced level experience in a similar position
Robust understanding of the industry
Consistently demonstrates clear and concise written and verbal communication
Demonstrated ability to remain unbiased in a diverse working environment
Education:
Bachelor's degree/University degree or equivalent experience
Master's degree preferred
Controls:
Assess risk in processes we own and execute
Execute process control automation roadmap
Process SMEs partner with Control SMEs to represent process in ensuring control design is sound
Primary engagement with Reg Exec Team and Compliance partners
Residual Risk Reduction planning & execution
Issue Management:
Design CAPs / milestones in partnership with Issue Managers
Execute CAPs
Prepare documentation (system and procedure ownership)
SME in RFIs and IA / CIA meetings during credible challenge and issue validation
Audit/Exam:
Fraud Operations SME
Provide deliverables – system and procedure access and ownership
Prep docs for meetings and walk throughs with internal and external partners/examiners
Lead walk throughs
Critical review of samples provided in audits / exams to identify opportunities / prep responses
Provide RFI response
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Job Family Group:
Operations - Services------------------------------------------------------
Job Family:
Fraud Operations------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Jacksonville Florida United States------------------------------------------------------
Primary Location Full Time Salary Range:
$119,680.00 - $179,520.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Dec 26, 2024------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity reviewAccessibility at Citi.
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