Director of Fraud

ABOUT THE ROLE:

The Director of Fraud Operations leads the Fraud functions for loan originations and Servicing. Responsible for the analysis of fraud trends, the development of mitigation strategies and deployment of creative solutions to effectively manage fraud losses, maximize revenue, and support business growth. The Director is responsible to build and develop a multifaceted team of fraud analysts that provide both real-time and trending insight into fraud vulnerabilities and countermeasure opportunities. The Director guides the development and optimization of fraud mitigation controls within our framework of tools to ensure the business meets or exceeds Fraud Loss goals while supporting business growth targets. The Director must measure and monitor fraud performance for the purpose of statistically quantifying risk and opportunity. The Director also seeks and designs creative solutions to fraud risk challenges through optimization of existing controls, pursuit of new tools and expanded use of alternative data.

WHAT YOULL DO AT SPLASH:

• Develop and communicate vision for the team, define success and how it will be measured
• Utilize critical thinking skills to help analyze business issues, collaborates with stakeholders to resolve problems, is strategic, and gains consensus on the best solution
• Hire, develop, supervise, and retain key talent as you build out the fraud department
• Ensure individuals have the skills and tools needed to support the development and execution of fraud mitigation efforts
• Research and understand industry best practices for fraud mitigation strategies, techniques and risk
• Build key relationships by establishing trust, confidence and credibility with senior leaders and executives
• Partner with key areas of the business (e.g., Operations, Credit Management, Product, Compliance, Lending Partnerships) to ensure strategies are comprehensive, fit for purpose and executed as designed
• Research and understand relevant regulations and work with Compliance and Operations partners to ensure strategies are in compliance
• Ensure controls are in place to mitigate any potential risk of fraud

WHAT YOULL BRING TO SPLASH:

• Bachelor’s Degree or equivalent education in Business Management, Statistics, Mathematics
• 7+ years work experience directly related to Fraud Risk and/or Credit Risk
• 7+ years or more experience demonstrating understanding of risk management disciplines, varying analytic practices and fraud risk concepts
• Demonstrated  ability to work independently, remain organized, and prioritize work in order to work on multiple projects over the same time period with accuracy and attention to detail
• Proven success in analyzing large amounts of data which foster actionable business decisions
• Experience managing data or fraud analysts with a proven capacity to lend guidance, insight and comprehension of in-depth, detailed analysis they produce
• Solid understanding of operational execution necessary to contextualize and support recommended strategic deployments