Northwestern Mutual

Fraud Technology & Risk Consultant

Northwestern Mutual • $81K — $121K *
Milwaukee, WI 53215In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Cybersecurity, Information Technology, Computer Science, business, or related field.
  • 4-5 years of professional experience in relevant roles.
  • Knowledge of risk and regulatory requirements in financial crimes.
  • Experience with development and analytical tools such as PowerBI, MS Excel, and Ris; familiarity with Splunk is a plus.
  • Working knowledge of programming languages like SAS, SQL, or Python is an asset.
  • Strong analytical, decision-making, and interpersonal skills.

Responsibilities

  • Stay updated on financial crime trends and compliance standards to advance anti-fraud technology.
  • Improve operational effectiveness with scripting and orchestration tools for fraud prevention and detection.
  • Design, develop, and maintain automation scripts to enhance alert quality and reduce manual effort.
  • Provide strategic input and assistance in developing anti-fraud capabilities.
  • Consult with investigative teams during fraud incidents, offering technical expertise and leadership.
  • Analyze control gaps and recommend improvements to detection capabilities.
  • Develop fraud reports and dashboards tailored to departmental and business client needs.

Benefits

  • Flexible work arrangements including hybrid options.
  • Opportunity for career growth within a best-in-class company.
  • Access to professional development and training resources.
Full Job Description

About the Job:

TheFraud Technology & Risk Consultantwill work withinthe Anti-Fraud Department and with business areas across the enterprise to build and scale fraudprevention,detection and automation capabilities that reduce fraud loss, improve detection precision, and enable investigations.

What You'll Do:

 Stays abreast of financialcrimestrends, relevant regulationsand compliance standards to help ensure we’recontinually 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, andmaintainautomation scripts and workflows to increase alert quality and reduce manual effort.

  • Applynew perspectives and creative problem solving to provide strategic and tactical input and assistancefor the developmentand improvement of anti-fraud  capabilities.

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

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

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

  • Maintain and enhance operational documentation and knowledge base articles

  • Partner withthe Asst Director ofAnti-Fraud Technology Integrationto transition new capabilities into operations.

  • Use data toidentifytrends and drive improvements.

  • Coach,mentorand develop peers and provide quality feedback.

  • Assistwith incident consultationand support anti-fraud technology projects, as needed.

What Experience You'll Bring:

  • Bachelor’s degree inCybersecurity,information technology,Computer Science,businessor related field.

  • Minimum offour to fiveyears ofprofessionalexperiencerequired.

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

  • Excellent judgement, decision-making,analyticaland interpersonal skills.

  • High degree of organizational agility and comfort around senior leadership,demonstratedby the ability to influence, negotiate, communicateand 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 asPowerBI,MS Excel, and Ris 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 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!


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About Northwestern Mutual

Northwestern Mutual has been helping people and businesses achieve financial security for more than 160 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. Northwestern Mutual delivers financial security to millions with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages billion of dollars of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance).

Northwestern Mutual Careers

Joining Northwestern Mutual presents a unique opportunity to be part of a team that is dedicated to empowering personal and professional growth, innovation, and leadership in the financial services industry. As a company renowned for its commitment to excellence and a culture that values diversity and inclusion, Northwestern Mutual offers unparalleled job opportunities for both seasoned professionals and those at the start of their careers.

Work You’ll Do

At Northwestern Mutual, we believe in building strong relationships not only with our clients but also among our team members. By joining our team, you will collaborate with some of the most talented professionals in the industry, all united in their commitment to leadership and innovation. Our employees are equipped with top-tier benefits and diversity training that ensure their career journey is both rewarding and inclusive.

Explore Professional Growth and Development

Northwestern Mutual is committed to fostering an environment where career growth is not just a possibility but a priority. With a variety of positions available, from financial representatives to internships for budding professionals, our company is a place where your skills and passion can thrive. We provide extensive training programs and leadership development opportunities that prepare you for success in your current role and beyond.

Innovative Work Environment

Our team at Northwestern Mutual is at the forefront of integrating cutting-edge technology and innovative financial strategies to provide exceptional service to our clients. This focus on innovation is not just about staying current; it's about leading the way in the financial sector. Employees at all levels are encouraged to contribute ideas and take initiative, driving the company forward as a leader in the financial industry.

Be Part of Our Diverse and Inclusive Team

Diversity and inclusion are more than just buzzwords at Northwestern Mutual; they are integral to our company culture and business strategy. We are committed to creating a workplace where all employees can flourish. Our diversity training programs are designed to enhance understanding and foster an inclusive environment for all team members.

Networking and Career Advancement

Networking within Northwestern Mutual opens doors to expansive career advancement opportunities. We encourage our employees to engage in internal networking events, which often lead to mentorship and further career development. Whether you are looking to enhance your resume, prepare for an interview, or step into a leadership role, Northwestern Mutual provides the resources and support to help you achieve your professional goals.

Join Our Team

Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the job opportunities and internships available at Northwestern Mutual and find out how you can contribute to our legacy of innovation and leadership.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Northwestern Mutual.

SEARCH NORTHWESTERN MUTUAL JOBS

Join us and start your journey at Northwestern Mutual today, where your career is nurtured, your skills are honed, and your achievements are celebrated.
Learn more about Northwestern Mutual
Size
7,000 employees
Industry
Finance & Insurance
* Ladders Estimates

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