Senior Manager, Fraud and AML

Rocket Money•Washington, DC

2d•$150,000 - $180,000•Hybrid

About The Position

Rocket Money is seeking a Senior Manager, Fraud and AML to own fraud and AML strategy and execution end-to-end across its Financial Products. This is a foundational role, as the first dedicated fraud and AML hire, responsible for defining detection, prevention, and response strategies as the product portfolio scales. The role includes serving as the AML Compliance Officer, with support from legal and parent company teams. The position requires a deep dive into data and analytics to monitor performance, investigate anomalies, and translate findings into actionable strategies. Collaboration with product, engineering, operations, data, finance, legal, and banking/brokerage partners is essential. This role is ideal for someone with first-line-of-defense fraud and AML experience who enjoys quantifying trade-offs between loss and member experience and wants to build a critical function for a company impacting millions.

Requirements

6+ years in fraud prevention with BSA and AML compliance for deposit and/or brokerage products (ideally both) at a fintech — at least some of that time as a first line of defense.
Direct experience serving as, or partnering closely with, an AML Compliance Officer.
Strong analytical and quantitative skills — comfortable defending a guardrail or threshold with data, not just intuition.
Exceptional communicator — you can make complex fraud and AML systems simple.
You thrive in ambiguity and are energized by the accountability of owning a high-stakes function from scratch.

Nice To Haves

Experience launching or scaling fraud and AML programs at a fintech offering deposit and/or brokerage products.
People management experience.
Deep familiarity with US regulatory landscape.
Industry certifications such as CAMS, CFCS, or CFE.
Master's degree in business, statistics, STEM, economics, or a related quantitative field.

Responsibilities

Lead fraud and AML strategy and set the long-term direction across Financial Products, shaping how we detect, prevent, and respond to risk as the business grows.
Track emerging fraud and money laundering threats, attack patterns, and industry best practices, and bring that perspective into our strategy and roadmap.
Quantify fraud loss, AML risk exposure, and program health on an ongoing basis — translating data into clear loss targets, thresholds, and recommendations.
Investigate anomalies and flag emerging fraud and AML risks before they become losses or compliance findings.
Design and continuously refine fraud and AML policies and mitigations.
Own and scale fraud and AML operations across savings products, and lay the foundation for our future investments product.
Lead fraud and AML incident response — root cause, what we change, and how we prevent recurrence.
Craft clear, concise documentation — policies, procedures, decision proposals, and incident write-ups.
Serve as Rocket Money's AML Compliance Officer for bank partnership products, with support from our legal team and our parent company's legal, AML, and compliance teams.
Own and improve our BSA and AML program — day-to-day BSA/AML compliance, risk assessments, training, and SAR referrals — leveraging parent-company and cross-functional expertise.
Ensure ongoing compliance with the Bank Secrecy Act (BSA) and related regulations.
Lead annual independent testing and bank partner audits.
Serve as the primary fraud and AML point of contact with our bank and brokerage partners.
Partner with product, engineering, operations, data, finance, and legal to develop and refine risk controls and align on shared metrics, definitions, and trade-offs.
Present fraud and AML posture, decisions, and trade-offs to senior leadership.