Lead Fraud Strategies Management

Early Warning® • Chicago, IL

4d • $104,000 - $145,000 • Hybrid

About The Position

The Lead Fraud Strategies Management role analyzes, creates, and deploys rules and scores based on internally and externally developed fraud risk models and applications. The work supports decisions that balance risk, expense, and customer experience across varied payment-network operating environments, directly or in partnership with financial institutions.

The role identifies and evaluates opportunities in policies, strategies, operational processes, technology, and controls that affect network experience, costs, and risk. It develops fact-based analyses and business valuations, recommends changes, and champions those changes in partnership with fraud, operations, technology, product, financial institutions, and resellers. The position also supports the protection of the integrity and confidentiality of company systems and data.

The position follows Early Warning’s hybrid work model. The normal office environment is primarily sedentary and involves extensive computer use. The listed pay ranges are $104,000–$130,000 per year in Phoenix, Chicago, and Washington, DC, and $125,000–$145,000 per year in New York City and San Francisco. Candidates are also eligible for a discretionary incentive plan and benefits.

Requirements

• Bachelor’s degree, or typically obtained equivalent education and/or experience.
• At least 8 years of fraud risk management experience in fraud policy, prevention, strategy, or operations, or a master’s degree with at least 3 years of direct or related fraud risk experience.
• SQL/SAS competency or comparable data analytics skills.
• A proven track record of converting concepts into analysis and cases for change.
• Exceptional written and verbal communication skills.
• Experience with digital banking, payments, and/or payment networks.
• Experience working with financial institutions in fraud risk management.
• Eligibility to work in the United States for any employer at the date of hire; the role is not eligible for employment visa sponsorship.
• Ability to perform the essential functions and physical requirements, with or without reasonable accommodation.
• Visual acuity and dexterity to view, prepare, and manipulate documents and office equipment, including personal computers.
• Ability to lift 10 pounds occasionally and/or a negligible amount of force frequently.

Nice To Haves

• SQL/SAS or comparable analytic coding certification.
• Quality Control and/or Independent Testing development and management experience.
• Process Design or Process Reengineering certification.
• Additional related education and/or experience.

Responsibilities

• Identify opportunities in policies, strategies, operational processes, technology, or controls that affect the network’s experience, cost, or risk.
• Conduct fact-based analyses of opportunities and observed risks, estimate potential impact, and make recommendations.
• Develop a strong understanding of the network’s functionality, infrastructure, and utilization.
• Create business valuations of the impact of proposed changes, based on team analyses or other sources.
• Champion changes through direction, influence, and education in fraud strategies, analysis, operations, and controls.
• Partner with technology, product, and other teams to create end-to-end visibility and agreement on risk, experience, and expense tradeoffs.
• Work with financial institutions and resellers to understand risk profiles, threat vectors, and experiential targets, and develop insights, modifications, or customer solutions as appropriate.
• Support the company’s commitment to protecting the integrity and confidentiality of systems and data.
• Perform other related duties as assigned by the supervisor.

Benefits

• Competitive medical plans (PPO/HDHP), dental insurance, and vision insurance.
• Company contributions to a Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health, and dependent-care expenses.
• 401(k) plan with a 100% company Safe Harbor match on the first 6% deferred, immediately upon eligibility.
• Flexible Time Off for exempt employees and generous paid time off for non-exempt employees.
• 11 paid company holidays and a paid volunteer day.
• 12 weeks of paid parental leave.
• Maven Family Planning support, including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.
• Discretionary incentive plan.

What This Job Offers

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