Fraud Tradeoff Analyst
U.S. Bank
full-time
Posted on:
Location Type: Hybrid
Location: Minneapolis • Arizona • Minnesota • United States
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Salary
💰 $119,765 - $140,900 per year
About the role
- Analyze enterprise fraud performance across deposits, digital, payments, authentication, and account lifecycle domains to identify material loss drivers, customer friction, operational impacts, and emerging risks.
- Develop and apply a fraud tradeoff framework to evaluate initiatives across fraud loss reduction, customer experience, operational efficiency, and financial impact, enabling clear, data-driven prioritization decisions.
- Engineer and maintain fraud loss-avoidance methodologies, ensuring consistent, audit-ready measurement of net benefit, including losses avoided, review costs, false-positive friction, and revenue impacts.
- Perform advanced and ad-hoc analytics to assess control effectiveness, conduct root-cause analysis on fraud events, and identify optimization or decommissioning opportunities.
- Support strategic sizing and business cases by quantifying expected benefits, costs, risks, and tradeoffs for fraud initiatives, tools, and enhancements.
- Partner with Fraud Strategy, Risk, Operations, Digital, and Technology teams to align priorities, evaluate tradeoffs, and drive measurable outcomes from analytics-informed initiatives.
- Collaborate with modeling and AI/ML teams to support predictive fraud capabilities through analytical input, performance assessment, and value tracking.
- Translate complex analytics into clear, executive-ready insights and narratives, ensuring findings inform action, investment decisions, and continuous improvement.
- Ensure analytical rigor and data quality, validating assumptions, strengthening methodologies, and promoting transparent, decision-ready metrics used confidently by stakeholders and governance forums.
- Assess operational impacts of fraud controls, including alert volumes, review capacity, false-positive burden, and workflow efficiency, identifying opportunities to reduce friction while maintaining effective risk mitigation.
Requirements
- Bachelor’s degree, or equivalent work experience
- Typically more than eight years of applicable experience
- Comprehensive knowledge of all departmental data sources, and of fraud risk and operations management associated with the product lines
- Strong analytical skills relative to evaluating fraud prevention infrastructure and forecasting fraud loss trends
- Strong project management skills
- Effective verbal and written communication skills
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications and data analysis software
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
fraud analysisdata-driven prioritizationfraud loss-avoidance methodologiesadvanced analyticsroot-cause analysispredictive analyticsquantitative analysisdata validationrisk mitigationfinancial impact assessment
Soft Skills
analytical skillsproject managementeffective communicationcollaborationstrategic thinkingproblem-solvingdecision-makingnarrative developmentstakeholder engagementcontinuous improvement