Manager, Fraud Risk

Majority - Miami, FL

Full-time - Manager

Miami, FL

Publishing Industries

About the position

The Manager of Fraud Risk at MAJORITY is responsible for designing and implementing strategies to detect, prevent, and investigate fraud within the fintech industry. This role involves building and leading a high-performing technical team dedicated to fraud monitoring, collaborating with various departments to enhance security measures, and ensuring compliance with regulatory requirements. The position is based in Miami, FL, and requires a proactive approach to mitigate risks and improve fraud detection processes.

Responsibilities

• Develop, implement, and continuously improve fraud prevention and detection strategies.
• Monitor and analyze fraud patterns, trends, and key metrics to stay ahead of new and potential fraud schemes.
• Work with data scientists to refine fraud detection models and improve detection accuracy.
• Oversee investigations of suspected fraudulent activities and prepare detailed reports.
• Lead and mentor a team of fraud analysts and investigators, providing guidance, training, and support.
• Partner with compliance, legal, risk, and product teams to align fraud prevention strategies with regulatory requirements.
• Communicate findings and recommendations to executive management and key stakeholders.
• Establish and maintain fraud prevention policies, protocols, and procedures.
• Evaluate and recommend fraud detection tools, platforms, and other technologies to enhance the company's fraud detection capabilities.
• Optimize the use of existing tools and systems, ensuring they meet the demands of a fast-growing customer base.

Requirements

• Bachelor's degree in Finance, Economics, Engineering or other related STEM field.
• Minimum of 3 years of experience in fraud management, preferably within the fintech or financial services industry.
• Knowledge of regulatory requirements (e.g., KYC, AML) and industry best practices for fraud prevention.
• Strong experience with data analysis tools (SQL, Python, R) and fraud detection technologies.
• Demonstrated ability to lead and develop a team and work with cross-functional stakeholders.
• Manage high-impact projects and translate organizational objectives into team-specific goals.