Director, Fraud Risk Management - Digital Assets

Early Warning® • Chicago, IL

1d • Hybrid

About The Position

The Director of Fraud Risk Management is responsible for defining and implementing the fraud strategy, fraud policy requirements, and fraud prevention processes for Early Warning’s next-generation cross-border payments platform. In this role, you will stand up a modern fraud prevention program for a new, global product. You will work cross-functionally with leadership, product, fraud management, and other teams, including other financial institutions and external vendors.

Requirements

• Education and/or experience typically obtained through completion of a Bachelor’s Degree.
• 12 or more years of progressive experience in Fraud Risk Management, Decision Science, and/or Data Science
• Experience with digital banking, payments, and/or payment networks
• Proven track record of supporting new product launches from a fraud prevention perspective
• SQL/SAS competencies or comparable data analytics skills
• Proven track record of converting concepts to analysis to cases for change
• Exceptional executive presence, written and verbal communication skills
• Experience with digital banking, payments and/or payment networks
• Experience with financial institutions in the area of fraud risk management

Nice To Haves

• SAS/SQL or comparable analytic coding certification
• Experience with two or more financial institutions in the area of fraud risk management
• Experience in both consumer and commercial banking applications
• Additional related education and/or experience preferred

Responsibilities

• Lead the fraud prevention strategy, policy, and execution for Early Warning’s global money movement initiative, ensuring alignment across business, technology, product, and compliance organizations.
• May lead a team of direct reports.
• Define and negotiate fraud prevention controls such as scores, rules, policies, and experiences, to deliver the optimal balance of risk, expense and experiences for clients, consumers and partners in the network.
• Lead the creation, implementation and appropriate usage of these controls.
• Deliver consistent communications to internal and external stakeholders regarding emerging risks, observed trends and related opportunities.
• Lead the creation, implementation and appropriate usage of data driven insights for constant monitoring of effectiveness, efficiency and opportunities in the application of scores, rules and logic in the execution of managing fraud risk.
• Interact, and influence based on data driven analysis, with senior executives both internal to the company and those of the participating financial institutions.
• Support the company’s commitment to protect the integrity and confidentiality of systems and data.

Benefits

• Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses.
• 401(k) Retirement Plan – Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility.
• Flexible Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day.
• 12 weeks of Paid Parental Leave
• Maven Family Planning – provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.

What This Job Offers

• Job Type: Full-time
• Career Level: Director