Business Banking Fraud Risk Lead- Vice President

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? As a Fraud Risk Lead within the Fraud Risk Center of Excellence, you will manage the fraud loss lines for Business Banking Lending, reporting directly to the Head of Fraud Risk for Secured Lending. Your responsibilities will include monitoring loss line trends, conducting root cause analysis, and adjusting strategies to minimize losses, all while maintaining an optimal customer experience. You will also work closely with partners in risk and supported businesses to ensure that fraud risks associated with new business initiatives are properly represented and understood, and that adequate controls are in place to manage these risks according to the business' risk appetite.

Job responsibilities 

• Be Accountable for fraud & credit abuse risks associated with our Business Banking Lending Product, i.e. accountable for fraud strategy [analytical product knowledge] to mitigate losses & oversight with relationship management and presentation skills
• Build strong relationship skills given interaction with 1st line to effectively manage the fraud strategy outputs, conduct case analysis with stakeholders to validate strategies, and a need to build a fraud culture in the product
• Bear strong analytical experience & skills to effectively determine available strategy opportunities, through dynamic & complex methodologies; to include potential to work with vendors on technical solutions
• Synthesize analysis into concise, executive-level communications
• Work independently, with multiple layers of the organization

Required qualifications, capabilities and skills

• 7+ years risk management experience; and an understanding of the Business Banking/Small Business Lending business
• Independent problem solving skills.
• Understanding of the Business Banking/Small Business Lending business
• Able to synthesize quantitative and qualitative analysis into concise, executive-level communications
• Excellent written and verbal communications skills

Preferred qualifications, capabilities and skills

• 5+ year’s in consumer mortgage originations or investigation experience.
• SAS Enterprise Guide, SQL, Tableau