Vice President, Fraud Detection

Fidelity • Jersey City, NJ

2d • Hybrid

About The Position

VP, Fraud Detection Fraud Risk & Control Job Description The Fraud Detection Analytics Team is responsible for ensuring that fraudulent events such as account log-in, account opening, payment attempts, etc. occurring on Fidelity’s platform are detected and mitigated on a timely manner. Fraud Detection Team leverages a combination of vendor and internally developed tools and models which enable real-time detection and interdiction at various stages of the customer lifecycle. As the VP, Fraud Detection, your role is to build strategies that make use of the various models/AI solutions and data sources available to enable timely and accurate detection of fraud events, to ensure customer interactions are risk-assessed in a contextualized and holistic manner, minimizing false positive and contributing to a remarkable customer experience. You will collaborate with product, technology and data science teams to build solutions that accurately detect and interdict fraud, while satisfying strict SLA’s and seamlessly integrating with customer experience. Specifically, you will:

Requirements

• Bachelor’s or master’s degree in quantitative fields with 12 years of experience in Fraud Risk management in financial institutions.
• Experience in leveraging AI/Machine Learning solutions to optimize fraud detection
• Hands-on experience in generating analytical insights from large-scale data using python, SQL or similar programming languages
• Experience in project management and problem solving in a complex environment.
• Excellent communication skills and ability to collaborate with a diverse set of key stakeholders

Responsibilities

• Leverage cutting-edge AI/Machine Learning Solutions to define Fraud Detection strategies across Fidelity’s products and business lines.
• Use anomaly detection and linking/graph solutions to enable discovery of fraud rings and coordinated events.
• Design profiling and trust solutions to offer intuitive and customized experiences to Fidelity’s customers.
• Collaborate with partner teams to respond to fraud events, mitigate risk and customer impact.

Benefits

• comprehensive health care coverage and emotional well-being support
• market-leading retirement
• generous paid time off and parental leave
• charitable giving employee match program
• educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees