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Head of Advanced Fraud Analytics - Director in New York, New York

This role supports fraud risk management within the Global Independent Fraud Risk team, with specific focus on leading Oversight and providing Subject Matter Expertise across Advanced Analytics, Machine Learning, Models and Data Science

  • Oversee the use of analytical fraud detection solutions as well as the implementation of fraud strategies, policy and projects.

  • Champion the use of machine learning and advanced statistics and data science to optimize trade-off between fraud detection, customer impact and operational costs.

  • Conduct thematic and product oversight reviews globally.

  • Provide subject matter expert advice on predictive models and advanced analytical solutions in the fraud domain space.

  • Help formulate a holistic fraud prevention strategy, encompassing customer on-boarding, authentication, and transaction monitoring, with special focus on on-line space and emerging financial solutions (such as mobile payments, etc.)

  • Work with businesses in driving Proof of Concept & Production deployment strategy, which fully leverages the Citi Innovation labs and external vendors.

  • Partner with Model Risk Management, Artificial Intelligence and Fair Lending COEs.

  • Support the establishment of proactive fraud prevention mechanisms.

  • Help shape the fraud management organization towards a more data and technology-driven mindset.

  • Identify and select vendors with unique solutions in the fraud prevention space.

Development Value:

This role provides a unique opportunity to build in-depth, hands-on knowledge on technical skills that are in high demand - analytics/data science, authentication and fraud strategy and risk management, while at the same time offering exposure to senior leadership.

Knowledge/Experience:

  • Seasoned professional with 12+ years of experience in Analytics or Data Science in Fraud or other Risk areas.

  • Experience in banking products in Consumer, Commercial or Investment Banking.

  • Understanding of analytical and statistical models supporting risk management.

  • Understanding and management of various drivers and metrics and the impact on Citi’s P&L.

Management Skills:

  • Ability to work effectively with individuals from diverse backgrounds, geographies and levels/positions.

  • Ability to work independently and to provide effective challenge.

  • Ability to communicate complex ideas effectively and persuasively. Thought leadership and clarity in presenting ideas to senior management.

  • Ability to influence and stablish relationships with key stakeholders from remote locations.

Technical Skills:

  • Understanding of fraud risk management, financial crimes, and credit lifecycle management.

  • Thorough understanding of fraud prevention practices and industry trends.

  • Strong knowledge and experience in using models and analytical tools to solve business problems, particularly in risk management.

Qualifications:

  • Master’s degree or higher in quantitative fields such as Statistics, Mathematics, Econometrics or Engineering.

  • Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.


Job Family Group:

Risk Management


Job Family:

Fraud Risk


Time Type:

Full time


Primary Location:

New York New York United States


Primary Location Salary Range:

$170,000.00 - $300,000.00


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 review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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