Director of Fraud

Aeropay

5d • Onsite

About The Position

The Director of Fraud is a member of the Risk & Compliance leadership team at
Aeropay. This role is responsible for developing, implementing and managing
Aeropay’s risk management strategies to protect our assets, uphold our
reputation and ensure sustainable growth. This primarily includes ownership of
the anti-fraud program, including identification, monitoring and investigation
of potential fraud. This role entails continuously identifying and controlling
fraud risks to drive the Aeropay fraud program forward. In addition, this role
will play a key role in establishing risk policies and fostering a culture of
risk awareness throughout the organization. The ideal candidate will possess a
unique combination of traditional banking risk management — ideally at a
partner/sponsor bank or ACH payments company — in addition to expertise in
FinTech innovation.

Requirements

• Bachelor’s degree in Finance, Business Administration, Risk Management or a related field
• 10+ years of experience in risk management, with at least 3+ years of experience in a leadership role within FinTech and/or traditional banking
• In-depth knowledge of Fraud & AML frameworks and regulations, especially suspicious activity monitoring
• Proven track record in developing and implementing risk management strategies that drive organizational success
• Exceptional communication and interpersonal skills

Responsibilities

• Lead and mentor a team of risk management professionals, promoting their development and ensuring high-performance standards
• Develop and execute a comprehensive anti-financial crime management strategy aligned with the organization’s goals and objectives
• Collaborate with senior leadership and various departments including Risk & Compliance, Revenue, Finance and Business Operations to integrate risk management practices into strategic planning
• Leverage prior experience and research to be recognized as a thought leader in payments fraud and AML monitoring
• Identify, analyze and prioritize risk mitigation across the organization, including reputational, financial, operational, fraud, strategic and compliance risks
• Complete onboarding reviews as needed
• Conduct regular assessments and audits to identify potential risks and develop mitigation strategies
• Create and maintain risk management procedures, frameworks and controls that define industry standards, comply with regulatory requirements and clearly outline expectations for the fraud team and relevant partners
• Ensure requirements are communicated effectively throughout the organization and that staff are trained on risk management practices
• Implement systems for continuous monitoring of risk factors and effectiveness of risk management strategies, including timeliness of reviews
• Prepare and present regular risk reports to the executive team and board of directors, highlighting key risks and mitigation efforts

Benefits

• Medical, Dental & Vision Coverage
• Flexible PTO
• 401(k) Employer Match
• Maternity/Paternity Leave

What This Job Offers

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