Head of Financial Crimes Compliance

Rho•New York City, NY

9d•$200,000 - $260,000•Onsite

About The Position

Rho is hiring its first Head of Financial Crimes Compliance to build and lead a best-in-class fraud and financial crimes program from the ground up. This leader will define the strategic vision and operational framework for detecting, preventing, and responding to complex fraud and financial crime risks across Rho’s business banking and corporate card products. Working cross-functionally with Product, Engineering, Data, and Compliance, you’ll architect scalable systems, analytics, and controls that protect our clients and platform as we continue to grow. This is a rare opportunity to establish and scale a critical function at the intersection of innovation, regulation, and trust. This role is based out of our NYC office 5 days/week.

Requirements

Technical fluency: demonstrate expertise in applying advanced analytics to fraud problems at scale
B2B domain knowledge: Strong understanding of fraud patterns specific to business customers, including onboarding (KYB), payment flows, and commercial account risks.
Regulatory and Industry Acumen: Up-to-date knowledge of relevant US banking, AML, and payments regulations as well as emerging fraud schemes and prevention best practices (with an ability to adapt strategies for new regulations or evolving commercial products).
People management: 10+ years of experience in fraud risk management and team leadership
Customer-centricity: Strong commitment to balancing robust fraud controls with excellent customer experience, especially for commercial/B2B clients.
Execution and Agility: Track record of driving measurable results in fast-paced, high-growth environments, and rapidly adapting to new threats or business priorities.

Responsibilities

Fraud and AML Strategy: Define, own, and continuously evolve Rho’s comprehensive fraud and financial crimes prevention and detection strategy across business banking and corporate card products.
Advanced Fraud Detection & Analytics: Champion and partner with Data, Engineering, and Product to produce innovative fraud models, including ML models and behavioral graphs that catch synthetic entities, account takeover ( ATO), and business email compromise (BEC) before a dollar moves. You will drive continuous improvement in the technology and team.
Onboarding & Transaction Monitoring: Own and continuously enhance business KYC/KYB and transaction monitoring processes to prevent fraud, stop bad actors, and minimize false positives while ensuring a seamless client onboarding experience.
Critical Incident Response: Run war-room forensics on material incidents, automate remediations, and turn post-mortems into improved models and processes. Lead investigations and rapid response for high-stakes fraud cases (e.g., synthetic entities, account takeover, business email compromise), driving thorough root cause and post-mortem analysis..
Cross-Functional Risk Control: Partner with Product, Engineering, and Compliance teams to design, launch, and iterate on controls addressing new fraud threats tied to innovative products or changing regulations.
Build & scale the Fraud function: Hire, train, and develop a team of fraud risk analysts to support the growth of our revenue and client base. Drive continuous improvement and provide feedback to product, data, and engineering teams to ensure that fraud and AML models and alerts are continually improved, not just quarterly.