What are the responsibilities and job description for the Head of Data Science- Fraud & Risk position at MoneyGram International?
Description
Head of Data Science- Fraud & Risk
Remote Flexible in USA
MoneyGram is a customer-centric, digital-first, cross-border money movement network. Through our fintech innovation and strategic partnerships with world-leading brands, we're transforming how consumers and businesses send and receive money globally.
Our digital and in-person products serve millions of customers, powered by a diverse and dedicated team of professionals who are driven to make a difference. If you're ready to join a fast-paced environment where your skills shape the future of payments, come aboard and let's drive the future of global money transfer together at MoneyGram!
The Head of Data Science for Fraud and Risk is responsible for leading our efforts in developing sophisticated data models and analytics that enhance our ability to identify and mitigate fraud risks effectively. This role involves leveraging predictive modeling, machine learning, and big data technologies to forecast fraud trends and optimize our fraud prevention mechanisms. The successful candidate will work closely with various internal stakeholders to integrate data-driven insights that support the strategic decision-making processes, enhance customer trust, and minimize financial losses.
WHAT YOU WILL DO
- Strategic Leadership and Collaboration : Forge strong collaborations with IT, Product, Compliance, and Operations teams to ensure seamless integration and effectiveness of fraud detection models. Drive the strategic direction of the fraud and risk data science initiatives, ensuring alignment with the broader organizational goals.
- Advanced Analytics and Model Development : Develop and refine fraud prediction models using advanced statistical and machine learning techniques. Oversee the entire model development process from data selection, preprocessing, model building, validation, and deployment, ensuring high standards of reliability and validity.
- Operational and Risk Analytics Oversight : Monitor and analyze the performance of deployed models, continuously seeking improvements and efficiencies. Lead efforts to understand complex fraud patterns and provide actionable insights that can preempt potential fraud activities.
- Team Leadership and Development : Attract, hire, and retain top talent in the field of data science. Foster a culture of innovation and continuous learning within the team, ensuring team members are motivated and equipped to meet their objectives.
- Stakeholder Engagement and Reporting : Regularly interact with senior management and cross-functional teams to report on fraud trends, model performance, and the impact of data science initiatives. Provide strategic recommendations based on analytical findings to guide executive decisions.
WHO YOU ARE
This role is crucial for driving forward our capabilities in fraud detection and risk management through innovative data science strategies. The head of this department will play a pivotal role in safeguarding our operations and enhancing the integrity of our customer transactions.
LOCATION
Remote Flexible, USA.
ABOUT MONEYGRAM
MoneyGram International, Inc. is a global financial technology leader, empowering consumers and businesses to send and manage money across over 200 countries and territories. With an industry-leading app and one of the world's largest cash distribution networks, MoneyGram processes more than $200 billion annually, serving over 50 million people. A pioneer in blockchain technology, the company enables customers to buy, sell, and hold digital currencies, with over 50% of transactions now digital. Headquartered in Dallas, Texas, MoneyGram is celebrated for its strong culture, earning the Top Workplaces USA award three years in a row.
Salary : $200
