Fifth Third Bank Fraud Strategy Analyst II. in Cincinnati, Ohio


Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. We've staked our claim on looking at things differently to making banking a Fifth Third Better. This applies to our relationships with customers and employees alike.

We employ about 18,000 people, and what we offer is:

# A chance for employees to build their future, with supportive career development and financial wellness programs.

# An environment where we win together. We celebrate achievement and work collaboratively. We're also a three-time Gallup Great Workplace honoree.

# An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting.

It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member.

Enterprise Risk Management (ERM) is the process of identifying, quantifying and managing the risks that an organization faces while applying it to the overall Bank Strategy. While it is impossible to remove all risk from the organization effective risk management requires a strong risk culture and risk governance. Risk culture is the system of values and behaviors within the organization that shapes the day-to-day decisions that we all make. Developing a risk culture is a continuous process # it is consistent with, and builds upon, our Core Values, Leadership Competencies, and Code of Business Conduct and Ethics in that it is based on a common understanding that managing risk is everyone's responsibility and creates an environment that encourages the open exchange of ideas, willingness to elevate concerns, and a commitment to "doing the right thing." As such, risk culture is a critical element of the Bank's risk management efforts.


Responsible for leading the development, enhancement, and implementation

of fraud detection systems to detect and prevent fraudulent activity. Works with fraud operations and fraud strategy manager to identify trends and patterns.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank#s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.


-Identifies risk factors and trends of potentially fraudulent activity utilizing technical data analysis and statistical interpretation.

-Conduct root cause analysis to identify opportunities to predict, prevent and mitigate risk within processes and performance.

-Develops, implements, and refines critical fraud system controls for the purpose of detecting and preventing fraud, including testing to identify, measure, and validate fraud processes.

-Recommends enhancements and process improvements based on assessment of fraud systems and processes.

-Develops trending reports and key indicators to serve as early warning risk indicators for potentially fraudulent activity.

-Communicates significant issues to management; make recommendations when weaknesses are identified.

-Partners with lines of business and corporate partners to effect change and promote awareness through the coordination of fraud detection monitoring of system enhancements and statistical trend analysis.

-Identifies and aggregates Op Loss data.

-Completes data quality checks, including coordinating the resolution of data reconciliation issues.

-Completes root cause analysis and action plan evaluation on assigned losses.

-Assigns loss events for root cause analysis and actions plans to the LOB, as appropriate.

-Maintains an in depth awareness of company goals and industry trends.

-Demonstrate technical expertise and strong knowledge base in the area of fraud prevention risk management.

-Perform ad-hoc analysis as potential risks are identified.

-Develops and maintains comprehensive documentation for fraud detection systems.

-Participates in the evaluation of new applications and the identification of systems requirements for planning purposes.

-Be proactive in the development and execution of ideas, which reduce risk and improve Bancorp profitability.

-Assumes additional responsibilities and leads special projects as assigned.




-Bachelor's degree or equivalent work experience.

-Minimum of 3 years experience in risk management or analytical strategy role.

-Minimum of 3 years experience working with automated decisioning processes and rules based decisioning with strong PC/modeling skills.

-Strong interpersonal and relationship/building skills.

-Demonstrated ability to work with senior level business managers.

-Ability to work independently as well as in a team.

-Ability to manage processes and business line requirements.

-Excellent analytical, verbal, written and interpersonal communication skills.

-Demonstrated ability to learn and understand various applications and business intelligence/database tools.

-Demonstrated ability to interpret data, draw high-level conclusions and determine next steps.

-Demonstrated ability to work with significant volumes of data in various formats and databases.

Fifth Third Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.