Enterprise Fraud Risk Management – Business Line Risk Manager

Role Overview

• Execute fraud risk assessment processes and early engagement efforts with business lines to ensure effective controls are in place for business changes, aligning with policy and strategic risk mitigation
• Work cross-functionally with business line product and enablement partners to evaluate, identify, and influence adoption of a risk-based approach to mitigate potential fraud risk from either new product development/ modification of an existing product offering/ significant strategy update
• Execution of fraud risk management governance routines, such as the Evaluation of all fraud-related PRISMs
• Independent fraud risk assessments
• Fraud incident oversight
• Root Cause Analysis of large adverse events
• Fraud risk assessment of Third-Party Service Providers
• Fraud related complaint analysis
• Partner closely with the PRISM office and business line stakeholders on key initiatives including ongoing assessment of the PRISM fraud assignment criteria and other strategic ventures and acquisitions
• Stay on top of emerging fraud risks in the industry to ensure the assessments take into consideration current operating environment and speed of execution
• Drive and support strategic fraud risk initiatives and special projects as needed, contributing to enterprise-wide fraud risk mitigation and governance enhancements
• Collaborate and provide support to partners within the Enterprise Fraud Risk Management and other second line partners

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than eight years of applicable experience
• Experience managing fraud risks within the financial services industry
• Extensive experience in operational risk governance routines, preferably in the financial services industry
• Excellent communication skills, both written and verbal
• Exceptional problem solving, critical thinking, and troubleshooting skills
• Ability to build relationships cross-functionally and over the phone
• Ability to work with and influence at all levels of the organization, including with executive leadership
• Ability to prioritize and manage multiple tasks, while establishing responsible deadlines
• Flexibility in day-to-day work and tolerance for ambiguity
• Positive ‘can-do’ attitude and a strong desire for continuous learning
• Attention to detail in writing, planning, and communication

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law