Director of Fraud Risk
ClarityPay
full-time
Posted on:
Location Type: Hybrid
Location: Atlanta • 🇺🇸 United States
Visit company websiteJob Level
Lead
Tech Stack
PythonSQL
About the role
- Define, implement, and maintain the comprehensive enterprise-wide fraud risk management framework, policies, and standards (including prevention, detection, and response).
- Be accountable for total cost of risk, including fraud losses, cost of false positives, and operational expenses. Define Key Risk Indicators (KRIs), monitor performance against defined risk appetite, and prepare executive-level materials for senior governance forums.
- Provide independent risk oversight and effective challenge to the 1st Line Fraud Operations and Business Units, ensuring controls are documented, tested, and operating effectively.
- Oversee the fraud incident management lifecycle, ensuring timely escalation, root cause analysis, and effective, end-to-end remediation of control weaknesses.
- Lead the strategic implementation of robust Know Your Customer (KYC), Identity Verification (IDV), and anti-Account Takeover (ATO) protocols, leveraging advanced data and encryption technology to enhance security without creating unnecessary user friction.
- Partner with Engineering and Data Science teams to drive the roadmap for automated risk capabilities, including the development, validation, and implementation of machine learning models and sophisticated rules engines to proactively identify and flag high-risk behavior.
- Develop robust monitoring and surveillance systems for the 1,900+ merchants and various distribution channels served by ClarityPay to detect coordinated fraud rings, anomalous origination patterns, and merchant performance risk.
- Provide subject matter expertise and proactive risk advisory support for all new product launches, services, and strategic projects, ensuring controls are built in from the ground up (Shift-Left Risk Management).
Requirements
- 8+ years of progressive, hands-on experience in Risk Management
- 3-5 years in a leadership role specifically focused on fraud detection and prevention within the FinTech, banking, or payments industry.
- Deep expertise in the technical tools used for fraud defense, including rules engines, device intelligence, consortium data, and machine learning models.
- Strong analytical mindset with expert experience in SQL and proficiency with Python or R for large-scale data manipulation, exploratory analysis, and pattern detection.
- Strong working knowledge of financial crime typologies and regulatory compliance requirements (e.g., related to KYC/AML) and industry best practices.
- Exceptional communication and presentation skills, with a proven ability to influence stakeholders, negotiate cross-functionally (Product, Engineering, Finance), and mentor a team of analysts.
- A passion for honest financial products and transparency, and a proven ability to uphold our value of pushing the envelope by taking smart, accountable risks to innovate our fraud detection capabilities.
Benefits
- Health insurance
- Flexible work arrangements
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
fraud risk managementKey Risk Indicators (KRIs)root cause analysisKnow Your Customer (KYC)Identity Verification (IDV)anti-Account Takeover (ATO)machine learning modelsSQLPythonR
Soft skills
analytical mindsetcommunication skillspresentation skillsinfluence stakeholdersnegotiationmentoringproactive risk advisorystrategic implementationteam leadershipproblem-solving