Fraud Technology Risk Analyst at Fidelity Investments

Merrimack, New Hampshire, United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

Bachelor’s degree in Information Security, Risk Management, Computer Science, or related field
Minimum of 5-8 years of experience in technology risk, fraud risk management, or cybersecurity
Strong understanding of fraud schemes, detection technologies, and risk management frameworks
Strong analytical, communication, and presentation skills with the ability to influence across levels
Excellent verbal and written communication skills to prepare and present recommendations to fraud risk partners and senior management
Affinity for solving complex problems, comfort with ambiguous situations, and ability to find innovative ways to mitigate fraud risk using advanced analytical and critical thinking skills
Preferred: Professional certifications such as Certified Fraud Examiner (CFE), Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP), or Certified in Risk and Information Systems Control (CRISC)
Preferred: Experience in financial services or other highly regulated industries
Preferred: Knowledge of machine learning or AI-based fraud detection systems

Responsibilities

Provide independent oversight and effective challenge of fraud-related technology risks across the enterprise as a key member of the second line of defense
Evaluate fraud risk controls and ensure alignment with regulatory expectations and industry best practices
Monitor and assess emerging fraud threats and their potential impact on the organization’s technology environment
Perform independent review of fraud risk management practices within technology and business units
Develop and execute fraud risk assessments and scenario analyses
Evaluate the design and effectiveness of fraud detection and prevention controls in technology platforms
Partner with cybersecurity, fraud operations, and data analytics teams to identify control gaps and recommend remediation strategies
Review and validate control testing results and issue remediation plans
Contribute to the development and maintenance of fraud risk management policies, standards, and procedures
Enable compliance with applicable regulatory requirements and alignment with industry frameworks (e.g., FFIEC, NIST, ISO27001, AICPA Trust Principles)
Collaborate extensively with Fidelity’s risk organization, first line fraud teams, and business groups, providing subject matter expertise to support the fraud risk management program
Report to the Technology Risk leader and manage a small team of technology risk associates

Skills

technology risk

fraud risk management

cybersecurity

fraud detection

risk management frameworks

analytical skills

communication skills

Certified Fraud Examiner

CISA

CISSP

CRISC

machine learning

AI-based fraud detection

Fidelity Investments

Investment management and financial services provider

About Fidelity Investments

Fidelity Investments offers a range of financial services and tools designed to help individuals manage their investments and stay informed about the markets. Their products include mobile applications and market monitoring tools that provide users with real-time market quotes, news, and trading capabilities. For example, the Fidelity Market Monitor for Glass delivers daily market quotes directly to Google Glass, while the Fidelity app for Windows Phone 8 allows users to access news and trading tools on their mobile devices. Additionally, features like the Watch List Visualization for iPad help users track stock price changes over time using a heatmap. What sets Fidelity apart from its competitors is its focus on integrating new technologies and user-friendly interfaces to enhance the investment experience. The goal of Fidelity Investments is to empower individuals with the information and tools they need to make informed financial decisions.

Boston, MassachusettsHeadquarters

1946Year Founded

$120,238.8MTotal Funding

DEBT_FINANCINGCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Mental Health Support

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Parental Leave

Student Loan Assistance

Tuition Reimbursement

Risks

Loss of key personnel like Gita Bal may impact Fidelity's research capabilities.

Increased competition from Vanguard's new division could draw clients away from Fidelity.

Potential reputational risk from Bitcoin ETF outflows could affect Fidelity's offerings.

Differentiation

Fidelity Labs offers innovative beta products like Market Monitor for Google Glass.

Fidelity's mobile solutions are available on multiple platforms, including Windows Phone and iPad.

Fidelity's Open Limit Order Visualization provides unique insights into order execution proximity.

Upsides

Increased adoption of wearable tech could boost Fidelity's mobile solutions.

Growing interest in Bitcoin ETFs suggests expansion in Fidelity's digital asset offerings.

Rise of AI could benefit Fidelity's data analytics and AI-driven investment strategies.

Land your dream remote job 3x faster with AI

Try Jobo Free