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Sr Transaction Risk Analyst

First Data Jersey City, NJ

Job Description



Telecheck - Sr Transaction Risk Analyst Overview

Develops and implements innovative solutions and processes to reduce warranty expenses for portfolio of accounts while increasing the accuracy of transactional declines that FD issues to the merchants. This will require a unique ability to understand and develop both the business objectives as well as the technical ability to develop new tools to accomplish those objectives. Creates an infrastructure of databases and reporting tools to enhance FD's ability to access and utilize data that is necessary to make effective decisions. Executes and follows through on the implementation of such tools. Identifies opportunities to improve accuracy of scoring processes, which will include the development of new scoring models, refreshing existing models to take advantage of new data and/or seasonal trends, developing new variables for use in scoring models, etc. Analyzes ambiguous data to understand trends, reach conclusions, and develop strategies to improve portfolio performance. Designs, develops, and implements web-based reporting interfaces through the use of programming languages such as PERL, Java, HTML, etc. Uses SQL, SAS, and Access to extract, analyze, and manipulate data.

Job Responsibilities

  • Manages portfolio that produces $30 million in yearly warranties/check guarantees. Risk management is a key FD transactional differentiator. As such, portfolio revenue of $35 million is won and potentially lost if risk management is not conducted properly. Additionally, if risk management is not conducted properly, there is impact to Telecheck reputation and public image, legal exposure and operational areas.
  • Direct driver in the ability to meet forecast of yearly financial plan; tasked with approximately $2 million in yearly savings. For these accounts, create statistical business models and rule sets to reduce net write-off, monitor accounts to validate authorization system processing and that accounts perform to expectations. Serves as a technical leader within group and manages more substantial portfolios.
  • Will work in a real-time environment on the Fraud Desk to identify fraud transactions and act on accordingly.

First Data (NYSE: FDC) is a global leader in commerce-enabling technology, serving approximately six million business locations and 4,000 financial institutions in more than 100 countries around the world. The company's 22,000 owner-associates are dedicated to helping companies, from start-ups to the world's largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.4 trillion per year. To learn more about First Data, visit FirstData.com.


Job Requirements

  • 4 year degree required and advanced business degree preferred.
  • 4-6 years general business experience with 5+ years experience in an analytical, Finance or IT role.
  • Strong background in a technical and analytical business environment with a proven track record of success and increasing responsibilities.
  • Extensive experience working with, understanding, and analyzing large amounts of data. This will include a demonstrated ability to efficiently retrieve data from multiple data sources with strong Access.

First Data is an Affirmative Action Equal Opportunity Employer (Minorities/Females/Vets/Disabled/LGBT)
First Data provides equal opportunities to all employees and applicants for employment without regard to sex, race, color, religion, marital status, national origin, age, genetic information, sexual orientation, gender (including gender identity/expression), disability, veteran status and military status, pregnancy or pregnancy-related medical conditions, or any other factor that may be protected by law.


Job Details

Date Posted March 15, 2019
Date Closes April 18, 2019
Requisition 2521530
Located In Jersey city, NJ
SOC Category 00-0000.00

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