VP- Fraud

PAYMENTS FRAUD ANALYTICS LEAD What Is the Opportunity

The Payments Fraud Analytics Lead is responsible for leading the development, implementation, and management of fraud prevention strategies and analytics for the organization’s payment systems. This role focuses on driving enterprise-wide fraud prevention initiatives, analyzing fraud trends, and ensuring the organization’s payment processes are secure. The Lead will oversee the creation of fraud detection models, provide strategic recommendations to senior leadership, and collaborate with cross-functional teams to mitigate risks while maintaining a seamless client experience.

This position requires a high level of expertise in fraud analytics, leadership, and strategic planning.

• Lead the analysis of large datasets to identify fraud patterns, trends, and vulnerabilities across payment systems and channels.
• Oversee the development and maintenance of advanced analytical models to assess fraud activity and recommend actionable solutions.
• Deliver executive-level reports and dashboards, highlighting fraud risks, trends, and mitigation strategies to senior leadership.
• Monitor fraud-related metrics and key performance indicators (KPIs) to ensure the effectiveness of fraud prevention strategies and recommend enhancements.

• Develop and implement enterprise-wide fraud prevention strategies for payment systems, ensuring alignment with organizational goals.
• Lead the creation, testing, and implementation of fraud detection rules and criteria to minimize fraud losses while balancing client experience.
• Evaluate fraud cases and losses holistically to identify systemic vulnerabilities and recommend preventive measures.

• Collaborate with internal teams to establish and enforce fraud policies, procedures, and controls.
• Assess emerging fraud trends and provide real-time, strategic recommendations to mitigate risks to the organization and its clients.
• Drive the development of fraud prevention strategies for new products and features, ensuring risks are proactively addressed.

• Serve as subject matter expert on payments fraud analytics, providing insights and strategic guidance to stakeholders.
• Lead cross-functional teams, including Risk, Compliance, Technology, and Operations, to ensure fraud prevention strategies are effectively implemented.
• Oversee fraud-related projects and initiatives, ensuring timely delivery, alignment with organizational goals, and measurable outcomes.

• Bachelor's Degree or equivalent
• Minimum 5 years in financial services experience with deep knowledge of payment systems. Demonstrated ability to work in an enterprise wide role and to lead through influence.
• Minimum 3 years with Falcon (or comparable system) fraud strategy and rule writing
• Minimum 3 years of experience using reporting/query tools such as Brio, MS Query, MS Access, Excel, Crystal Reports or Business Objects and Falcon system/scoring.

• Master’s Degree in Business Analytics, Data Science, or related fields.
• 7+ years of experience in financial services, with deep knowledge of payment systems and fraud prevention strategies.
• Experience with advanced fraud detection systems and tools (e.g., Falcon, SAS, Actimize or similar platforms).
• Strong communication and leadership skills, with the ability to present complex information to senior executives and cross-functional teams.

• Proficiency in data analysis tools and reporting platforms (e.g., Tableau, Alteryx, Anaconda, Snowflake).
• Ability to synthesize large quantities of data into concise presentations with sound business conclusions.
• Strong organizational and time management skills, with the ability to manage multiple priorities in a high-pressure environment.
• Flexibility to handle urgent fraud-related updates on a 24/7/365 basis, as needed.
• Demonstrated ability to lead cross-functional teams and influence stakeholders at all levels of the organization.

Starting base salary:…