AVP II, Risk Analytics - O1

About the role

As a member of the Fraud Strategy team within the Risk Management department, you will guide the development of fraud risk acquisition strategies, mitigating fraud losses and credit exposure associated with fraudulent account originations across the credit card portfolio. This management position leads a team of analysts to create and optimize fraud strategies designed to detect and prevent identity theft, synthetic identity fraud, first-party, and other forms of acquisition-related fraud. The role is critical in advancing the department’s fraud prevention capabilities while maintaining superior customer and applicant experience throughout the account acquisition lifecycle.

Responsibilities

• Manage the priorities of the acquisition fraud strategy team and be responsible for achieving team-level goals, contributing to overall departmental objectives.
• Monitor acquisition portfolio performance, ensuring Key Performance Indicators (KPIs), Key Risk Indicators (KRIs), and Guardrails are established and aligned with senior leadership objectives.
• Create and maintain strategy, policy, and procedural documentation related to acquisition fraud risk management.
• Translate known and emerging fraud trends into data-driven analyses and real-time application fraud detection and prevention strategies.
• Employ analytical thinking and coding skills (SQL, Snowflake, PySpark, Databricks, or similar tools) to investigate applicant behavior, identity attributes, and account origination patterns to develop effective fraud mitigation strategies.
• Lead a team in conducting root cause analysis of acquisition fraud events and implementing appropriate preventative controls and strategies.
• Develop and optimize fraud rules, decisioning logic, and controls within application and onboarding decision engines.
• Partner with Operations, Compliance, Modeling (Development & Governance), Credit Risk, and Technology teams to strengthen acquisition fraud controls and improve application decisioning.
• Monitor the performance of acquisition fraud risk strategies to balance fraud loss prevention, credit risk outcomes, operational efficiency, and customer experience.
• Evaluate and leverage internal and external data sources, identity verification solutions, consortium data, and fraud intelligence platforms to enhance fraud detection capabilities.
• Develop dashboards and reporting that monitor application volumes, fraud rates, identity verification outcomes, decision engine performance, approval rates, and portfolio risk trends to support strategic decision-making.

Requirements

• 5+ years of analytical experience in financial services or consumer lending, with a minimum of 2 years in Fraud Risk Management, Acquisition Fraud, or a similar strategy environment.
• Bachelor's Degree, preferably in Economics, Business, Mathematics, Finance, or a related field.
• High proficiency and understanding of acquisition fraud risks, including identity theft, synthetic identity fraud, first-party fraud, and application fraud prevention methodologies.
• Demonstrated ability to manage, lead, and influence cross-functional partners and stakeholders.
• Proven decision-making skills with a confident and proactive communication style.
• Strong analytical mindset with advanced problem-solving capabilities.
• Proven track record of managing and developing a high-performing team of analysts.
• Proficient in Excel, Word, PowerPoint, and Visio.
• Collaborative team player with the ability to effectively manage competing priorities.

Preferred Qualifications

• Master's Degree in a related field.
• Experience designing and implementing strategies within an acquisition fraud decision engine or application decisioning platform.
• Experience working with identity verification solutions, device intelligence, consortium fraud data, synthetic identity detection tools, and digital onboarding controls.
• Knowledge of consumer lending, credit card account origination processes, and customer identification program (CIP) requirements.