Project Specialist IV

If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.

• Develop, implement, and manage first line fraud product strategy and practice to ensure comprehensive coverage of internal and external fraud. Ensure adequacy of coverage for end-to-end processes that span multiple businesses.
• Understand upcoming threats and formulate fraud risk strategies and design and develop solution in partnership with technology organization to mitigate the risk
• Actively engage assigned units, subsidiary and affiliates to ensure that the fraud risk practice is balanced, comprehensive and a transparent reflection of CNB compared to risk appetite.
• Work directly with the leadership team to embed an understanding of the fraud risk profile and risk appetite into strategic decision making; challenge decision making that contradicts profile and risk appetite.
• Requirement Gathering and Analysis:
  Collaborate with stakeholders, including fraud analysis ts, risk managers and technology teams to gather requirements for fraud detection and prevention systems. Analyze and prioritize requirements based on business impact and feasibility
• Translate requirements into detailed specifications and design fraud prevention and detection solutions. Create a roadmap for system enhancements and new features considering both short term goals and long term vision
• Design the solution and build requirement for tool to support the reporting of fraud risk profiles, analysis and exposures to the Executives, Senior Management and RBC on a regular basis. Reporting should include existing and emerging areas of risk, implications for operational risk appetite, and the ability of the risk management and control infrastructure to support business activities.
• Quality Assurance and Testing:
  Collaborate with the quality assurance teams to define test plans and ensure the effectiveness of fraud detection algorithms and systems. Conduct user acceptance testing to validate the functionality and performance of the developed solutions
• Identify requirements for deep dive, initiate or lead deep dive assessments in the bank, as required.
• Participate in committees or associated governance/review activities on key business initiatives ensuring that existing and emerging fraud risks for new products, processes and transformational initiatives are identified.

• Associate’s Degree in a related field of work and a minimum of two (2) years of relevant work experience
• Bachelor’s Degree in a related field preferred

• Fundamental concepts, practices and procedures of fraud product development.

• Completing projects on time and budget.
• Communicating clearly and informatively, editing work for spelling and grammar, and presenting numerical data effectively.
• Completing tasks on time or notifying the appropriate person with an alternate plan.
• Collecting, researching and analyzing data.

• Identify and resolve problems in a timely manner.
• Work well in group problem solving situations.
• Continuously build knowledge and skills in project management and/or administration.
• Respond to requests for service and assistance and meet commitments.
• Read and interpret written information.
• Support and explain the reasoning for decisions, as well as include appropriate people in the decision-making process.

This is the pay range that Magnit reasonably expects to pay for this position: $50.33/hour - $53.96/hour

Benefits:
Medical, Dental, Vision, 401K