Director, Enterprise Fraud and Risk Management

IRALOGIX,Inc•Charlotte, NC

6d•Hybrid

About The Position

IRALOGIX is the leading financial technology company transforming the $17 trillion IRA market with cloud-based, fully digital IRA solutions for America’s financial institutions. By modernizing how IRA accounts are managed, invested, and delivered, we expand access to retirement savings while helping our client-partners grow and compete. At IRALOGIX, we’re proud that our employees are part of a collaborative, fast-growing organization where ideas are valued and ownership is encouraged. We invest in sophisticated, next-gen technology, clear processes, and strong partnerships so our teams can do their best work and see the real-world impact of what they create. And we’re committed to building a workplace that supports learning, innovation, and long-term career development, allowing employees to grow alongside the company. As a Director, Enterprise Fraud and Risk Management you will serve as the lead of our fraud prevention, anti-money laundering (AML), and broader enterprise risk management programs. This role combines strategic oversight with hands-on development of detection systems, monitoring protocols, and regulatory reporting processes. The incumbent will build and maintain a comprehensive risk management framework using both internally developed tools and commercial solutions to protect our clients and the firm from fraud and other financial crimes.

Requirements

CAMS (Certified Anti-Money Laundering Specialist) or CFE (Certified Fraud Examiner) certification
Experience with Experience with retirement accounts, securities operations, and financial services administration
Familiarity with SQL, Python, or other data analysis programming languages
Experience implementing commercial fraud detection or AML monitoring systems
Prior experience building detection rules and monitoring algorithms
Understanding of OFAC sanctions screening and customer due diligence requirements
Analytical thinking: Ability to identify patterns, assess risk, and draw sound conclusions from complex data
Regulatory expertise: Deep knowledge of BSA/AML requirements and commitment to compliance
Initiative: Self-starter who can build programs from the ground up with minimal supervision
Attention to detail: Thoroughness in investigations, documentation, and regulatory filings
Collaboration: Ability to work effectively across departments and with external agencies
Adaptability: Comfort working in a dynamic environment with evolving threats and regulations
Discretion: Maintains confidentiality and handles sensitive information appropriately
Bachelor's degree in Finance, Accounting, Criminal Justice, or related field
10+ years of experience in fraud prevention, risk management, AML compliance, or financial crimes investigation
Strong understanding of Bank Secrecy Act (BSA), USA PATRIOT Act, and FinCEN regulations
Experience with SAR preparation and regulatory reporting requirements
Demonstrated ability to analyze complex financial transactions and identify suspicious patterns
Proficiency with data analysis tools and fraud/AML detection platforms
Knowledge of IRA regulations and contribution/distribution rules
Excellent investigative, analytical, and problem-solving skills
Strong written and verbal communication skills for regulatory reporting and stakeholder engagement

Nice To Haves

Experience applying AI and machine learning technologies to risk strategies and enhance fraud prevention.

Responsibilities

Monitor and analyze transactional activity across IRA accounts to identify unusual patterns, suspicious behavior, and potential fraud
Investigate alerts and cases involving suspected fraud, money laundering, or other financial crimes
Take prompt corrective action on identified risks, including account restrictions, enhanced due diligence, and case escalation
Coordinate remediation efforts with operations, client services, and legal teams
Track and report on risk incidents, trends, and resolution outcomes
Design and implement comprehensive fraud prevention and anti-money laundering detection programs
Evaluate, select, and integrate commercial fraud detection and AML monitoring tools
Develop and maintain internally-built detection rules, algorithms, and monitoring dashboards
Create and refine risk scoring models for account opening, contributions, distributions, and trading activity
Establish transaction monitoring thresholds and parameters appropriate for IRA operations
Build quality assurance processes to test detection system effectiveness
Develop and manage Suspicious Activity Report (SAR) filing program in accordance with FinCEN requirements
Prepare and submit timely SARs for money laundering, fraud, and other suspicious activities
Maintain Currency Transaction Report (CTR) filing processes as applicable
Document investigations and maintain case files meeting regulatory standards
Serve as primary liaison with law enforcement and regulatory agencies on financial crime matters
Stay current on BSA/AML regulations, OFAC requirements, and FinCEN guidance affecting IRA services
Create and maintain fraud prevention and AML policies and procedures
Develop training materials and conduct staff training on fraud indicators and reporting obligations
Establish Key Risk Indicators (KRIs) and reporting metrics for executive leadership and board oversight
Conduct periodic risk assessments of IRA products, services, and delivery channels
Prepare management reports on program effectiveness, trends, and recommendations
Experience in providing strategic guidance to be executed as part of the Risk and Fraud programs
Participates in executive strategy sessions to address risk issues across the entire organization