Corporate Vice President, Fraud Risk Management
About The Position
The Anti-Fraud Strategy CVP plays a critical role in advancing New York Life's enterprise-wide fraud risk management strategy and governance framework. Reporting to the Head of Fraud Risk Management, this position serves as a senior advisor and strategic partner in shaping and operationalizing the company's fraud risk management capabilities. The incumbent will lead and coordinate enterprise efforts to mature the anti-fraud program, ensuring alignment across functions and integration of fraud risk principles into business processes, technology solutions, and governance activities. This role requires deep expertise, strong business acumen, and the ability to communicate with executive-level audiences through high-quality, professional documentation and presentations.
Requirements
- Bachelor's degree or equivalent work experience.
- 10+ years of relevant experience in fraud risk management, fraud operations, financial crimes, compliance, or related areas within financial services.
- Strong understanding of fraud risk frameworks, control design, and the three lines of defense model.
- Exceptional communication skills, with the ability to develop executive-ready materials and present complex concepts to senior audiences.
- Proven project leadership and organizational skills; able to manage multiple priorities and drive initiatives to completion with minimal oversight.
- Demonstrated influence and organizational effectiveness, fostering alignment and engagement across diverse business areas.
Nice To Haves
- Familiarity with insurance products and distribution channels, enabling nuanced insight into fraud risk exposure and prevention opportunities.
Responsibilities
- Support the development and implementation of the enterprise anti-fraud strategy, governance framework, and roadmap.
- Drive and coordinate cross-functional execution of strategic initiatives that advance the company's fraud risk management maturity across the enterprise.
- Track and report on progress of fraud strategy initiatives, highlighting milestones, challenges, and outcomes for leadership visibility.
- Oversee the development, documentation, and maintenance of enterprise fraud risk policies, standards, and procedures to ensure consistency, alignment, and regulatory compliance.
- Produce high-quality, executive-level reporting and presentations for senior leadership and governance committees.
- Monitor emerging fraud risks and industry developments to inform strategic priorities and partner with the Special Investigations Unit and business teams on control and prevention enhancements.
- Collaborate with fraud risk, technology, and business teams to align people, processes, and technology to fraud strategy objectives.
- Lead communication and change management efforts to promote awareness, engagement, and adoption of anti-fraud initiatives, incorporating insights from industry trends and best practices to enhance program effectiveness.
- Provide subject matter expertise and guidance to project teams, risk partners, and senior stakeholders to strengthen enterprise fraud risk management and drive continuous improvement.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Industry
Insurance Carriers and Related Activities
Number of Employees
5,001-10,000 employees
