Fraud Manager

Westlake ServicesLos Angeles, CA
279d$120,000 - $140,000

About The Position

Westlake Financial is the largest privately held finance company in the Nation. With assets nearing $24 Billion and revenues of approximately $4.4 Billion, we are offering an exciting opportunity to join a highly successful organization poised for continued growth and expansion within the Auto Finance and Technology industries. Westlake's success is rooted in our ability to work dynamically and leverage technology to navigate fast-paced environments. We are looking to hire a talented and motivated individual who thrives in an entrepreneurial environment that encourages innovation and critical thinking. Westlake Financial believes in people with the purpose and passion to assist our more than 21,000 dealer partners throughout North America. We are seeking a proactive and experienced Fraud Manager to join our Originations team at Westlake Financial Services. The Fraud Manager will be responsible for managing a team of Fraud Analysts responsible for the detection and investigation of fraudulent documents and activity. Ensuring the protection of the company's financial assets and mitigating risk associated with fraudulent activities. Will work closely with cross functional departments such as risk management, dealer compliance, and WFI to identify and address fraud trends.

Requirements

  • Strong leadership and team management skills, with ability to motivate, coach and develop a team.
  • Ability to analyze data, identify trends, and make sound judgments.
  • Excellent communication skills, both written and verbal, with the ability to present findings and recommendations to senior management.
  • Ability to identify and resolve complex problems.
  • Strong attention to detail and the ability to manage multiple priorities effectively.
  • Ability to maintain confidentiality and handle sensitive information with discretion.
  • Strong organizational and time management skills, with the ability to work under pressure in a fast-paced environment.

Responsibilities

  • Develop, implement, maintain fraud detection and prevention strategies to minimize exposure to fraudulent activities.
  • Utilize data analysis tools and fraud detection technologies to identify suspicious activities and trends.
  • Lead, mentor and develop a team of fraud analysts.
  • Manage/Audit the workload for the fraud team to ensure investigations are handled efficiently and accurately.
  • Provide coaching, training, and support team to enhance their knowledge and capabilities in fraud detection.
  • Ensure the team is adequately trained and equipped to perform their duties effectively.
  • Work closely with other departments such as risk management, dealer compliance and WFI to address fraud-related issues and develop cross-functional solutions.
  • Identify and escalate new fraud trends, escalate as need.
  • Prepares and presents fraudulent activity to management and Fraud Prevention team.
  • Works closely with Point Predictive, Sentilink.

Benefits

  • Medical, Dental, and Vision benefits
  • Life Insurance, Flexible Spending Account
  • 401K matching
  • Employee Stock Ownership Program, plus company matching
  • Wellness Program, Daily Team Exercises
  • Westlake University, Certification Programs
  • Career Path Opportunities
  • Discounts on Parks, Museums, Movie Tickets, and Attractions
  • AT&T Wireless Discounts
  • Paid Vacations Days
  • Paid Sick days
  • Paid holidays
  • Rental Car Discounts
  • Dell Member Purchase Program
  • UKG Wallet - pay advance

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What This Job Offers

Job Type

Full-time

Career Level

Manager

Industry

Credit Intermediation and Related Activities

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