Director, Fraud Risk

Welcome to First Data, a global leader in financial technology solutions. We are currently seeking a dynamic and experienced Director of Fraud Risk to join our team. In this role, you will be responsible for leading and executing our fraud risk management strategy, ensuring the safety and security of our customers' financial transactions. We are looking for a highly motivated and results-driven individual with a strong background in fraud risk management and a proven track record of implementing effective controls and mitigating fraudulent activity. If you are passionate about protecting customers and have a keen eye for identifying potential risks, then we want to hear from you. Join us in our mission to drive innovative and secure payment solutions for our clients.

1. Develop and execute a comprehensive fraud risk management strategy for the company.
2. Lead a team of fraud risk professionals to identify, assess, and mitigate potential risks.
3. Monitor and analyze fraud trends and patterns to proactively identify and address potential threats.
4. Collaborate with cross-functional teams, including technology and operations, to implement effective fraud prevention controls.
5. Conduct ongoing risk assessments and make recommendations for process improvements and enhancements to mitigate fraud risk.
6. Stay updated on industry best practices and regulations related to fraud risk management.
7. Develop and maintain relationships with external partners and vendors to enhance fraud prevention efforts.
8. Conduct regular training and education sessions for employees on fraud prevention and awareness.
9. Prepare and present regular reports to senior leadership on fraud risk management initiatives and outcomes.
10. Develop and maintain fraud risk policies and procedures to ensure compliance with regulatory requirements.
11. Investigate and resolve fraud incidents, including working with law enforcement and other external parties as necessary.
12. Monitor and review fraud detection systems and tools to ensure accuracy and effectiveness.
13. Stay updated on emerging fraud trends and technologies to continuously enhance fraud prevention efforts.
14. Collaborate with other departments, such as legal and compliance, to ensure fraud risk management aligns with overall company policies and objectives.
15. Uphold the company's values and standards of ethics and integrity in all fraud risk management activities.

According to JobzMall, the average salary range for a Director, Fraud Risk in Berkeley Heights, NJ, USA is $162,000 - $195,000 per year. This may vary depending on the specific company, industry, and level of experience of the individual.

First Data is the #1 merchant services acquirer providing payment processing solutions for small/large businesses and financial institutions. Now Fiserv!