Manager of Fraud Analytics

$86,840 - $139,360/Yr

TD Bank - Greenville, NC

posted 3 months ago

Full-time - Manager
Remote - Greenville, NC
10,001+ employees
Credit Intermediation and Related Activities

About the position

The Manager of Fraud Analytics, also known at TD Bank as Manager, Fraud Performance Management, plays a crucial role in overseeing products and business channels with the primary objective of minimizing fraud losses and identifying fraud patterns. This position is responsible for leading the development of fraud strategies aimed at mitigating fraud loss for the respective product or channel while balancing the impacts on customers and operations. The Manager will report on overall fraud losses and trends, as well as monitor the performance of rule strategies. Utilizing their expertise in SQL, the Manager will reconcile various metrics and summarize findings for executives and business partners. In this role, the Manager provides leadership in people management by hiring top talent, setting goals, developing staff, managing employee performance, and making compensation decisions. They will also review fraud attacks to understand and address coverage gaps, participate in quarterly and annual fraud loss forecasting exercises, and develop insights and rules to deliver on the fraud loss plan. The Manager will manage shifting network rules and liability requirements, uncover and resolve process gaps throughout the bank, and provide alert support to address emerging threats. The Manager of Fraud Analytics will also oversee strategy design and configuration in all fraud prevention platforms, ensuring adherence to change management protocols. They will participate in operational forecasting and capacity planning, manage fraud case prioritization strategies to optimize return on investment, and effectively partner with defect managers to identify and remediate coverage gaps. Additionally, the Manager will identify key reporting needs required to manage fraud losses and support existing monitoring by refreshing reports when data or requirements change. They will leverage their fraud expertise to help define fraud-resilient products and processes, provide post-launch IT validation and issue management, and ensure alignment and implementation of fraud policies.

Responsibilities

  • Oversee products and business channels to minimize fraud losses and identify fraud patterns.
  • Lead the development of fraud strategies to mitigate fraud loss for respective products/channels.
  • Report on overall fraud losses and trends, monitoring rule strategy performance.
  • Utilize SQL to reconcile metrics and summarize findings for executives and business partners.
  • Provide people management leadership by hiring, setting goals, and managing employee performance.
  • Review fraud attacks to understand and address coverage gaps.
  • Participate in quarterly and annual fraud loss forecasting exercises.
  • Develop insights and rules to deliver on the fraud loss plan.
  • Manage shifting network rules and liability requirements.
  • Uncover and resolve process gaps throughout the bank.
  • Provide alert support to address emerging threats.
  • Manage strategy design and configuration in all fraud prevention platforms.
  • Participate in operational forecasting and capacity planning.
  • Manage fraud case prioritization strategy to optimize return-on-investment.
  • Identify and address key reporting needs required to manage fraud losses.
  • Support project intent and ongoing partner projects; provide risk identification and cost estimates.
  • Provide monthly partner loss performance updates and participate in review sessions.

Requirements

  • Bachelor's Degree in a related discipline (e.g. Math, Statistics, Business) is required.
  • Master's Degree in a related discipline is preferred.
  • 7+ years of relevant experience in fraud analytics or related fields.
  • Experience with SQL/SAS/Data manipulation tools is required.
  • Previous experience with related fraud is preferred.
  • Solid understanding of TD Products and Channels is necessary.
  • People management experience is an asset.
  • Proven ability to develop effective relationships with internal and external business partners is required.
  • Strong interpersonal skills and ability to communicate complex analyses in both technical and non-technical terms.
  • Ability to take initiative and work independently under tight timelines.
  • Strong team collaboration skills and ability to manage multiple projects and priorities simultaneously.

Nice-to-haves

  • Knowledge of systems and processes related to fraud management is preferred.
  • Experience with fraud prevention platforms such as Falcon, TSYS, FIS, etc. is a plus.

Benefits

  • Competitive salary range of $86,840 - $139,360 USD.
  • Health and well-being benefits.
  • Savings and retirement programs.
  • Paid time off including Vacation PTO, Flex PTO, and Holiday PTO.
  • Banking benefits and discounts.
  • Career development opportunities.
  • Reward and recognition programs.
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