Director – Fraud Risk

Director – Fraud Risk

Requirements

• 8+ years of progressive experience in analytics functions, including at least 4-6 years as an individual contributor performing quantitative analysis
• Prior experience in fraud, disputes/chargebacks, and payment processing in consumer fintech, deposit and credit businesses is required
• Undergraduate Degree with a quantitative major in Statistics, Economics, Computer Science, Mathematics, or related field.
• Expert in exploratory and business analysis, experimental design, risk modeling, profitability drivers / unit economics
• Exceptional written and oral communication skills.
• Strong people leader and collaborator.
• Able to handle competing priorities and influence leadership decision-making.

Responsibilities

• Recruit, develop and manage Fraud strategy and analytics teams to drive Company and role objectives
• Develop strategy for risk capabilities (automated and manual) that will drive growth while minimizing risk including onboarding (authentication, KYC) and ongoing (ATO, transaction, first party fraud) account fraud, card and money movement transaction risk, debit and credit disputes processing and loss prevention and mitigation
• Collaborate with Engineering, Product, and Data teams and other internal and external partners to deliver the new capabilities, risk models and policies and policy changes on the Risk roadmap
• Forecast, manage and be accountable for total cost of risk including loss prevention and detection costs and cost of false positives to maximize risk adjusted returns
• Work closely with Finance to ensure a well managed process for provisioning, true-up and release of loss allowances
• Set and deliver the roadmap that includes end to end discovery, including exploratory analysis, business case development, experimental design, performance forecasting and monitoring, model development and monitoring, and incident management. The role will be working closely with a dedicated data analytics team to deliver on the vision and scope.
• Power the vision for fraud analytics. Identify and exploit emerging tools, capabilities, and/or data sources which will drive a strategic advantage for Current.
• Leverage subject matter expertise in regulations and external partners / value chains e.g. VISA, KYC Partners, Money-Movement Partners, and offshore vendors in order to deliver business results.
• Develop and own relevant vendor relationships.
• Partner with Fraud Operations and Compliance teams to ensure compliance, including procedure documentation and adherence.

Preferred Qualifications

• Fraud leader – Has experience in Fraud risk domain throughout the lifecycle of deposit, money movement and credit products
• Critical thinker – you consider problems from all angles to remove bias and touch bottom on key assumptions
• Intellectually curious – you seek to understand the why behind the numbers and love nerding out over a new insight
• Results-oriented – You ground contributions in real business and customer impact and prioritize effectively to maximize speed-to-impact.
• Fast learner – you have no problem picking up new skills or tools to get the job done.
• Exceptional written and oral communication skills. You drive consensus through grounded arguments, interpersonal skills, and negotiation skills.
• Creative problem-solver – able to identify obstacles and present viable solutions
• Thrive when working in a fast-moving, ambiguous environment
• Excited by large breadth of problem areas