Director, Fraud Prevention

About the role

You'll be responsible for the design and implementation of fraud prevention strategy for the enterprise. You'll develop business engines for fraud estimation, identify risk and recommend verification standards addressing concerns. The Director of Fraud Prevention is recognized as a subject matter expert in fraud prevention and identity risk, staying informed of industry trends and best practices.

Responsibilities

• Design fraud prevention decisioning engines for all loan products which estimate fraud and identity risk for loan applications
• Recommend verification standards which address risk concerns discovered in loan applications
• Leverage data analytics and machine learning to aggregate 3rd party and in-house data to assess fraud and identity risk while maintaining a seamless client experience
• Evaluate risk concerns found in loan applications using data to enhance fraud prevention decisioning engines and verification standards
• Establish Key Performance Indicators (KPIs) and prepare periodic reports to review performance and effectiveness of fraud prevention and identity risk with senior leadership
• Communicate and embody the company’s vision of leveraging technology to automate fraud prevention and identity risk assessment and clearance as much as possible, while striving for a simple, frictionless customer experience
• Identify, implement, and drive adoption of best practices within the leadership community
• Lead and mentor the fraud prevention team and develop good thinkers and strategists with a mindset for automation and frameworks

Requirements

• 8 years of experience in fraud investigation
• 2 years of leadership experience
• Master’s degree in business, statistics, STEM, economics, or a related field
• Strong hands-on analytical and data skills including proficiency in SQL and Python for data extraction, manipulation and analysis
• Expertise in fraud prevention & identity risk
• Experience developing and implementing initiatives that impact the organization
• Experience mentoring and training team members

Qualifications

• Minimum qualifications: 8 years of experience in fraud investigation, 2 years of leadership experience, Master’s degree in business, statistics, STEM, economics, or a related field, strong hands-on analytical and data skills including proficiency in SQL and Python for data extraction, manipulation and analysis, expertise in fraud prevention & identity risk, experience developing and implementing initiatives that impact the organization, experience mentoring and training team members

Skills

• Strong analytical and data skills
• Proficiency in SQL and Python
• Expertise in fraud prevention and identity risk
• Leadership and mentoring experience

Benefits

• Health benefits
• 401K retirement plan
• Paid-time off

Pay

$66,500.00-$140,000.00

Schedule

N/A