What are the responsibilities and job description for the Transaction Risk Oversight Professional position at The Charles Schwab Corporation?
Job Description:
The Transaction Risk Oversight and Monitoring department within the Financial Crimes Risk Management Enterprise is responsible for protecting clients' and the firm's assets by assisting in prevention and mitigation of fraud and scam losses. As a Senior Manager, you will work closely with peers and business partners to identify risks and target illicit behaviors.
Responsibilities:
• Analyze and perform deep-dive analysis into behavior of scams
• Serve as a subject matter expert (SME) with respect to scam program topics and lead related processes and projects
• Work with Operations and 1LOD partners to identify gaps in system/operations process flows ensuring alignment of strategy/intent, execution, policies
Required Skills and Qualifications:
Bachelor's degree in Statistics, Mathematics, Economics, Business Analytics, Operations Research, or similar quantitative field
Strong understanding of scams and fraud
Demonstrable knowledge of the risk management framework, and experience with second-line of defense oversight, monitoring, and assurance activities
Experience and working with RCSAs
5 years of experience in analytical roles developing intermediate/advanced SQL queries and gathering data from transactional databases across multiple platforms
Proven ability to leverage PowerPoint and other MS Office Applications to effectively present findings
Highly analytical with ability to solve problems and successfully understand and articulate the linkage between business decisions, business objectives, and analytical approaches & findings
Strong programming skills leveraging analytical tools such as SAS, R or Python
Advanced ability to evaluate large quantities of data, summarize key findings and recommend a course of action to management
Strong interpersonal skills to successfully build long-term relationships with colleagues and business partners
Highly effective verbal and written communication
Understanding of risk-based decision strategy development and decision engines
The Transaction Risk Oversight and Monitoring department within the Financial Crimes Risk Management Enterprise is responsible for protecting clients' and the firm's assets by assisting in prevention and mitigation of fraud and scam losses. As a Senior Manager, you will work closely with peers and business partners to identify risks and target illicit behaviors.
Responsibilities:
• Analyze and perform deep-dive analysis into behavior of scams
• Serve as a subject matter expert (SME) with respect to scam program topics and lead related processes and projects
• Work with Operations and 1LOD partners to identify gaps in system/operations process flows ensuring alignment of strategy/intent, execution, policies
Required Skills and Qualifications:
Bachelor's degree in Statistics, Mathematics, Economics, Business Analytics, Operations Research, or similar quantitative field
Strong understanding of scams and fraud
Demonstrable knowledge of the risk management framework, and experience with second-line of defense oversight, monitoring, and assurance activities
Experience and working with RCSAs
5 years of experience in analytical roles developing intermediate/advanced SQL queries and gathering data from transactional databases across multiple platforms
Proven ability to leverage PowerPoint and other MS Office Applications to effectively present findings
Highly analytical with ability to solve problems and successfully understand and articulate the linkage between business decisions, business objectives, and analytical approaches & findings
Strong programming skills leveraging analytical tools such as SAS, R or Python
Advanced ability to evaluate large quantities of data, summarize key findings and recommend a course of action to management
Strong interpersonal skills to successfully build long-term relationships with colleagues and business partners
Highly effective verbal and written communication
Understanding of risk-based decision strategy development and decision engines
