The Role

• We are seeking an experienced and dynamic senior leader to head Fraud Risk Strategy to join our team.
• The leader  will play a critical role in managing and mitigating financial losses and payment partner compliance due to fraud risk in our merchant acquiring and remittance business .
• This individual will lead a team responsible for developing and implementing risk management strategies, policies, and procedures to protect the company’s interests while ensuring a positive experience for our customers.

Responsibilities 

• Develop and implement enterprise risk management strategies to identify, assess, and mitigate risks across the organization.
• Develop and execute comprehensive risk management strategies to identify, assess, and mitigate fraud -related risks.
• Foster a culture of continuous improvement, innovation, and collaboration within the team.
• Lead a team of a high performing team to monitor seller activities, detect fraudulent behavior, and enforce compliance with company policies and industry regulations.
• Implement data-driven risk assessment models and analytical tools to proactively identify emerging risks and trends.
• Establish and enhance policies and procedures governing fraud  risk management.
• Collaborate with cross-functional teams, including product, legal, compliance, and technology, to develop and enhance risk mitigation solutions and processes.
• Conduct regular reviews and audits of accounts, transactions, and activities to ensure adherence to risk management protocols.
• Stay abreast of industry trends, regulatory developments, and best practices in fraud  risk management to inform strategic decision-making and enhance risk mitigation efforts.
• Provide timely and accurate reporting on key risk metrics, trends, and incidents to senior management and relevant stakeholders.
• Drive continuous improvement initiatives to optimize risk management processes, enhance operational efficiency, and support business growth objectives.
• Foster a culture of risk awareness, accountability, and compliance throughout the organization through training, communication, and collaboration.

Required Competency and skillset to be a waver

• Bachelor’s Degree in Business, Finance, Risk Management, or related field; advanced degree or relevant professional certifications (e.g., FRM, CRM, CFA) preferred.
• Proven 15+ years’ experience in risk management, preferably in a fintech or financial services environment, with a focus on fraud prevention.
• Proven track record of leadership and team management, with the ability to inspire and motivate a diverse team of professionals.
• Strong analytical skills and proficiency in data analysis, risk modeling, and statistical techniques.
• Deep understanding of financial products, payment processing, and regulatory and scheme requirements related to fraud  risk management.
• Excellent communication skills, with the ability to effectively communicate complex concepts and findings to diverse audiences.
• Strategic thinker with the ability to develop and execute risk management strategies aligned with business objectives.
• Demonstrated ability to thrive in a fast-paced, dynamic environment and effectively manage competing priorities.
• High level of integrity, ethics, and professionalism, with a commitment to upholding the highest standards of risk management and compliance.