As a Vice President in Asset Wealth Management Fraud Management, you will play a pivotal role in establishing and maintaining a comprehensive framework for risk-decisioning in investment activities. You will design and implement strategies to monitor and manage fraud risks, ensuring the protection of both the firm and our clients from fraudulent transactions across multiple banking channels. By working closely with technology partners, you will identify fraud trends and develop rules to mitigate risks, providing top-tier fraud protection and remediation services. Your role is crucial in supporting our unique client base, and you will operate with an end-to-end focus in a dynamic and collaborative team environment. Join us to drive innovation and excellence in fraud management while advancing your career in a fast-paced setting.
Job Responsibilities
- Develop, implement, and execute strategies, policies, and processes to manage and mitigate financial loss from fraudulent activities while balancing risk management and client experience.
- Create a target state framework and operating model for investment activity risk-decisioning and secure buy-in from senior leadership.
- Collaborate with internal technology, operations, legal, risk, and compliance partners to develop requirements for the target operating model and gain support.
- Lead the development of fraud detection capabilities through collaboration with the fraud prevention team and business units.
- Interpret complex data to formulate problem statements and draw conclusions about underlying risk dynamics and opportunities.
- Conduct data analysis, including data collection, synthesis, and translation of results into actionable solutions.
- Provide implementation support, including testing and process change management, ensuring compliance with Oversight and Control partners' requirements.
- Offer subject matter expertise for fraud escalations.
- Exercise initiative and judgment to resolve problems within established policies.
- Collaborate with industry peers to share best practices and trends.
Required Qualifications, Capabilities, and Skills
- Bachelor’s degree in a technology-related field or Finance.
- Five or more years of experience in technical analysis related to financial fraud.
- Seven or more years of experience in brokerage or fintech.
- Three or more years of direct people leadership experience.
- Experience with building or querying big data environments using languages such as SQL, Python, SAS, or Alteryx.
- Ability to analyze qualitative and quantitative data and convert raw data into useful insights to support business decisions.
- Skill in interpreting complex data to formulate problem statements and draw conclusions about underlying risk dynamics and opportunities.
- Proven ability to operate effectively in a matrix organization and work under pressure with tight deadlines.
- Demonstrates exceptional judgment and the ability to independently identify and escalate key issues, obtain appropriate information from further analysis, and develop actionable recommendations.
- Specific knowledge of core broker-dealer systems, operation of common broker-dealer products, applicable laws, and regulations, and how each may be impacted by fraudulent activities.
Preferred Qualifications, Capabilities, and Skills
- Series 7, 9, & 10 or 7, 24, 4, and 53 certifications.
- Experience coordinating multiple projects to delivery and establishing a governance framework.
Required or Additional Information
- Work schedules will vary within a full-time, 40-hour per week schedule. You must be willing to work during our operating hours, which may include evenings, weekends, and holidays. Specific information will be provided by the recruiter.
- Visa sponsorship is not available for this position.