The Northwestern Mutual Life Insurance Co logo

Fraud Technology & Risk Consultant

  • $89,440–$134,160 Per Year

Highlights

About the Job: The Fraud Technology & Risk Consultant will work within the Anti-Fraud Department and with business areas across the enterprise to build and scale fraud prevention, detection and automation capabilities that reduce fraud loss, improve detection precision, and enable investigations. Skills: Cross Functional Partnering & Planning: Facilitates collaboration, communication, coordination, and planning with individuals and teams from different functions within the organization, and who have different areas of expertise, to achieve common goals.

Numbers & Facts

LocationMilwaukee, WI
IndustryFinancial Services
Salary$89,440–$134,160 Per Year
Company Size5,000 to 9,999 employees
Year Founded1857
Websitehttps://www.northwesternmutual.com/

Description

About the Job:

The Fraud Technology & Risk Consultant will work within the Anti-Fraud Department and with business areas across the enterprise to build and scale fraud prevention, detection and automation capabilities that reduce fraud loss, improve detection precision, and enable investigations.

What You'll Do:

Stays abreast of financial crimes trends, relevant regulations and compliance standards to help ensure we're continually advancing our anti-fraud technology in line with enterprise needs and expectations.

  • Improve operational effectiveness and efficiency through scripting and orchestration tools aimed at preventing and detecting fraudulent activity.

  • Design, develop, and maintain automation scripts and workflows to increase alert quality and reduce manual effort.

  • Apply new perspectives and creative problem solving to provide strategic and tactical input and assistance for the development and improvement of anti-fraud capabilities.

  • Consult and collaborate with the investigative team and others as fraud incidents occur to provide technical expertise, guidance and thought leadership throughout the process.

  • Analyze control gaps and breakdowns, provide insights and recommend adjustments to detection capabilities.

  • Design and develop fraud reports and dashboards based on department and business client needs.

  • Maintain and enhance operational documentation and knowledge base articles

  • Partner with the Asst Director of Anti-Fraud Technology Integration to transition new capabilities into operations.

  • Use data to identify trends and drive improvements.

  • Coach, mentor and develop peers and provide quality feedback.

  • Assist with incident consultation and support anti-fraud technology projects, as needed.

What Experience You'll Bring:

  • Bachelor's degree in Cybersecurity, information technology, Computer Science, business or related field.

  • Minimum of four to five years of professional experience required.

  • Experience with engineering best practices to include analyzing, designing, developing, and deploying capabilities.

  • Excellent judgement, decision-making, analytical and interpersonal skills.

  • High degree of organizational agility and comfort around senior leadership, demonstrated by the ability to influence, negotiate, communicate and collaborate with all levels of employees.

  • Ability to be responsive to changing business needs, translate product requirements into technical requirements, manage and prioritize concurrent assignments, and handle ambiguity.

  • Knowledge of risk and regulatory requirements as they apply to financial crimes.

  • Experience with development and analytical tools such as PowerBI, MS Excel, and R is required; experience working with Splunk is a plus.

  • Working knowledge in programming languages such as SAS, SQL, or Python is an asset.

  • Prior experience and knowledge of NM products, services, and organization preferred.

Skills:

  • Cross Functional Partnering & Planning: Facilitates collaboration, communication, coordination, and planning with individuals and teams from different functions within the organization, and who have different areas of expertise, to achieve common goals.

  • Fraud Detection & Prevention: Investigates suspicious activities, analyzes data for irregularities, and implements measures to mitigate risks. Employs various techniques, such as data analysis, pattern recognition, and the implementation of preventive controls, to safeguard against fraudulent behavior within an organization or system.

  • Risk Consulting: Identifies, understands, and facilitates discussions/processes and provides recommendations/resources to manage risk in collaboration with business and process owners.

  • Interpersonal Savvy: Relates well to all kinds of people inside and outside of the organization. Builds appropriate rapport, constructive and effective relationships. Uses diplomacy and tact and diffuses high-tension situations comfortably.

  • Control Analysis: Monitors controls to ensure they are in place, operating as intended, and effective, and then identifies gaps and weaknesses that could result in risks.

  • Business Acumen: Applies knowledge of both general and organization-specific business issues/financial implications for the organization to problem solve.

  • Data collection & analysis: Gathers, stores, accesses, and uses information collected via quantitative (e.g., surveys or usage data) or qualitative methods (e.g., interviews, focus groups, document analysis). Analyzes data to uncover patters and insights to inform business decisions.

#LI-Hybrid

Compensation Range:

Pay Range - Start:

$81,280.00

Pay Range - End:

$121,920.00

Geographic Specific Pay Structure:

Structure 110:

$89,440.00 USD - $134,160.00 USD

Structure 115:

$93,440.00 USD - $140,160.00 USD

We believe in fairness and transparency. It's why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you're living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.

Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!

Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.

About Company

Who We Are

What we believe.

We believe relationships are built on trust. That our lives and our work matter. And that doing what’s right is good for everyone — our clients, our employees, our financial representatives and our communities.
These beliefs launched our company nearly 160 years ago. Today, they’re just a few of the reasons why people choose to build careers at Northwestern Mutual.

We’re known for our financial strength.

That means we’ll be here for the millions of people who are counting on us—our clients, our employees, our financial representatives and our communities.

We care.

We make a positive difference in our communities. Nationally, thousands have benefited from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they’re passionate about.


Why Work Here

We’re strong and growing.

In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We’re strong, innovative and growing. And we want you to grow with us.

We invest in our people.

We provide opportunities for employees to grow themselves, their careers, and, in turn, our business. Movement around the company is encouraged and we help our people build meaningful, long-term careers.

Be part of building our future.

We’re expanding our campus in downtown Milwaukee overlooking Lake Michigan. The Northwestern Mutual Tower and Commons will include a state-of-the-art employee Learning Institute, and will feature a natural light-filled, 21st century work environment. This signature development reinforces our commitment to job growth, attracting top talent and drawing new business to Milwaukee.

Enjoy Milwaukee.

Located on beautiful Lake Michigan, Milwaukee offers a perfect balance of big city and small town living. Home to Summerfest, the world’s largest music festival, Milwaukee has a thriving music scene, a celebrated annual film festival and vibrant performing arts community. Professional sports teams include the Milwaukee Brewers, Milwaukee Bucks and other major teams. And outdoor family fun is easy here. An extensive urban bike path network links our lakefront parks, beaches and other recreational hotspots.


Our Culture

We are always evolving.

At Northwestern Mutual, our employees, and our business, are always evolving. We are agile and continuously learning and improving. We have a work environment that empowers problem solving and encourages innovation—you will make an impact here.

We do what’s right.

Our “do-what’s-right” value is pervasive. We ask ourselves: “Is this in the best interest of our clients? Our employees? Our financial representatives?” Acting on this value improves our clients’ experience, and makes Northwestern Mutual a better place to work.

We recognize and develop possibilities in our people.

Onsite training and leadership development programs help employees succeed and grow. We also sponsor learning opportunities outside the company to help employees stay current in their fields, network with peers and gain external perspective.

Diversity makes us better.

We believe diversity and inclusion cultivate creativity, innovation and a better experience for our clients. That’s why we recruit and grow people who bring unique perspectives, ideas, beliefs and cultural backgrounds.

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