Commercial Card Fraud Strategy Leader

Citizens Financial Group • Johnston, RI

2d • $146,000 - $178,000

About The Position

The Commercial Card Fraud Strategy Leader leads the end‑to-end strategy, analytics, and program oversight for fraud and credit risk within the Commercial Credit Card portfolio. The position is responsible for building advanced fraud detection capabilities, shaping risk controls, and driving operational excellence across products, processes, and systems. With a focus on analytical innovation, cross‑functional partnership, and strong governance, this leader will guide a high‑performing team to reduce losses, enhance customer experience, and ensure compliance with corporate and regulatory requirements.

Requirements

• 10+ years of experience in fraud strategy, fraud prevention, data analytics, or risk management.
• 5+ years of experience in fraud risk management at commercial card issuers
• Deep expertise in identity and payment fraud methods, tools, and processes for prevention, detection, and fraud operations.
• Advanced proficiency in data science techniques, including machine learning, predictive modeling, and statistical analysis.
• Experience with fraud detection platforms, rule engines, and data visualization tools.
• Strong understanding of payment processing systems, card networks, and risks specific to card transactions and corporate expense management.
• Excellent analytical, organizational, and problem-solving skills.
• Strong verbal and written communication skills, with the ability to present requirements and issues clearly.
• Ability to lead multiple projects simultaneously, prioritize effectively, and thrive in a fast-paced, evolving environment.
• Proficiency in MS Office suite and analytical tools such as Python, R, SQL, and/or SAS.
• Knowledge of risk management principles and regulatory compliance requirements.
• Bachelor’s degree required; advanced degree preferred.
• In lieu of a degree, additional years of segment-specific or risk-related experience may be considered.

Nice To Haves

• Experience in underwriting (credit) and card fraud/disputes is preferred.

Responsibilities

• Risk Strategy & Oversight Lead end-to-end reviews of current fraud and credit risk management capabilities, strategies, and controls.
• Oversee and monitor the Commercial Credit Card portfolio to reduce credit and fraud losses, mitigate employee misuse, and balance customer experience.
• Identify risks, develop controls, and evaluate their effectiveness, escalating issues as appropriate.
• Deliver timely escalation of risk issues to senior management and collaborate on action plans.
• Analytical Leadership Build and mentor a team of data scientists and analysts to develop and implement advanced machine learning and statistical models for fraud detection and prevention.
• Drive portfolio fraud analytics across customer segments, providing actionable insights for risk strategies.
• Develop predictive models to monitor and mitigate emerging fraud threats, integrating real-time detection with engineering and IT teams.
• Use data-driven insights to recommend improvements to fraud prevention systems and technologies.
• Program Development & Collaboration Develop a comprehensive fraud risk management program for Commercial Card and Expense products, including key indicators for tracking and reporting.
• Partner with internal stakeholders, external vendors, and customers to launch and update risk controls across products.
• Act as Business Segment Relationship Manager (BSRM) for vendor partnerships, ensuring compliance with Third Party Risk Management requirements.
• Collaborate with audit, business segment, and corporate risk teams to address issues and support strategic goals.
• Operational Excellence Manage, mentor, and develop a team within the Fraud Strategy & Analytics group, fostering a collaborative, innovative, and high-performance culture.
• Establish team goals, measure performance, and ensure alignment with company objectives.
• Drive operational efficiencies and scale through process improvements, automation, and staff development.
• Develop chargeback management strategies for card issuing and travel businesses.
• Documentation & Compliance Responsible for creation and approval of risk assessments for new product launches/enhancements.
• Update documentation regularly, including credit policies, procedures, and process flows.
• Ensure adherence to corporate and business unit policies and regulatory requirements.

Benefits

• We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more.
• Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees