Director, Fraud Risk Management - Digital Assets

At Early Warning, we’ve powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle®, Paze℠, and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses.

Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment.

Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship.

Overall Purpose

The Director of Fraud Risk Management is responsible for defining and implementing the fraud strategy, fraud policy requirements, and fraud prevention processes for Early Warning’s next-generation cross-border payments platform.

In this role, you will stand up a modern fraud prevention program for a new, global product. You will work cross-functionally with leadership, product, fraud management, and other teams, including other financial institutions and external vendors.

Essential Functions 

• Lead the fraud prevention strategy, policy, and execution for Early Warning’s global money movement initiative, ensuring alignment across business, technology, product, and compliance organizations. May lead a team of direct reports.

• Define and negotiate fraud prevention controls such as scores, rules, policies, and experiences, to deliver the optimal balance of risk, expense and experiences for clients, consumers and partners in the network. Lead the creation, implementation and appropriate usage of these controls.

• Deliver consistent communications to internal and external stakeholders regarding emerging risks, observed trends and related opportunities.

• Lead the creation, implementation and appropriate usage of data driven insights for constant monitoring of effectiveness, efficiency and opportunities in the application of scores, rules and logic in the execution of managing fraud risk.

• Interact, and influence based on data driven analysis, with senior executives both internal to the company and those of the participating financial institutions.

• Support the company’s commitment to protect the integrity and confidentiality of systems and data.
   

Minimum Qualifications

• Education and/or experience typically obtained through completion of a Bachelor’s Degree.

• 12 or more years of progressive experience in Fraud Risk Management, Decision Science, and/or Data Science 

• Experience with digital banking, payments, and/or payment networks 

• Proven track record of supporting new product launches from a fraud prevention perspective

• SQL/SAS competencies or comparable data analytics skills

• Proven track record of converting concepts to analysis to cases for change

• Exceptional executive presence, written and verbal communication skills

• Experience with digital banking, payments and/or payment networks

• Experience with financial institutions in the area of fraud risk management
   

Preferred Qualifications

• SAS/SQL or comparable analytic coding certification

• Experience with two or more financial institutions in the area of fraud risk management

• Experience in both consumer and commercial banking applications

• Additional related education and/or experience preferred

The above job description is not intended to be an all-inclusive list of duties and standards of the position.  Incumbents will follow instructions and perform other related duties as assigned by their supervisor.

Physical Requirements

Working conditions consist of a normal office environment.  Work is primarily sedentary and requires extensive use of a computer and involves sitting for periods of approximately four hours.  Work may require occasional standing, walking, kneeling, and reaching.  Must be able to lift 10 pounds occasionally and/or negligible amount of force frequently.  Requires visual acuity and dexterity to view, prepare, and manipulate documents and office equipment including personal computers.

Employee must be able to perform essential functions and physical requirements of position with or without reasonable accommodation.

The base pay scale for this position in:
Phoenix, AZ/ Chicago, IL / Washington, DC in USD per year is: $154,000 - $193,000.
New York, NY/ San Francisco, CA in USD per year is: $186,000 - $232,000.
Additionally, candidates are eligible for a discretionary incentive plan and benefits.

This pay scale is subject to change and is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific candidate, which is always dependent on legitimate factors considered at the time of job offer. Early Warning Services takes into consideration a variety of factors when determining a competitive salary offer, including, but not limited to, the job scope, market rates and geographic location of a position, candidate’s education, experience, training, and specialized skills or certification(s) in relation to the job requirements and compared with internal equity (peers). The business actively supports and reviews wage equity to ensure that pay decisions are not based on gender, race, national origin, or any other protected classes.

Some of the Ways We Prioritize Your Health and Happiness 

• Healthcare Coverage – Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses.

• 401(k) Retirement Plan – Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility.

• Paid Time Off – Flexible Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day.

• 12 weeks of Paid Parental Leave

• Maven Family Planning – provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.

And SO much more! We continue to enhance our program, so be sure to check our Benefits page here for the latest. Our team can share more during the interview process!

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Early Warning Services, LLC (“Early Warning”) considers for employment, hires, retains and promotes qualified candidates on the basis of ability, potential, and valid qualifications without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote equal employment opportunity and affirmative action, in accordance with all applicable federal, state, and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our employees.