VP, Manager, Enterprise Fraud Risk

VP, Manager, Enterprise Fraud Risk $120k - $140k

El Monte, CA (Hybrid - 3 days a week onsite)

Direct Hire

Job ID 24-09337

Solugenix is looking for a VP, Manager, Enterprise Fraud Risk. This is a direct hire opportunity in El Monte, CA (Hybrid).

The Manager of Enterprise Fraud Risk, under the Director of Enterprise Risk Management, is responsible for overseeing and directing the enterprise fraud risk management program. Key responsibilities consist of developing and implementing a Second Line fraud risk framework and methodology, including but not limited to fraud identification/detection, ongoing risk assessments, collaboration on controls to prevent fraud losses, and leading the coordination of fraud investigations. This role also oversees the management and oversight of relevant software and other tools to facilitate risk identification, aggregation, and reporting as part of reducing the Bank's overall fraud risk exposure. Responsibilities include providing second-line oversight to help inform decisions on disputed transactions and/or suspicious activity flagged for investigative review. Additionally, this role serves as the second-line subject matter expert across the Bank with regard to the overall fraud risk management framework, fraud controls and reporting systems, and relevant enterprise policies, standards, and procedures. Promotes training and communicates awareness of fraud risk and controls for enhanced knowledge sharing, transparency, decision-making, and risk management performance.

Qualifications:

Education:

• Bachelor's or Master's degree in Finance, Business Administration, Risk Management, or a related field;
• Advanced degree or professional certification (e.g., CFE, CFRM, etc.) preferred.

Experience:

• 7 years of experience in banking and similar financial services industry.
• 5 years of commensurate fraud risk management responsibilities in either an operational (First Line) or oversight function (Second Line).
• Knowledge and experience encompassing a wide range of banking, financial services functions, and associated fraud risks.
• General understanding of principles of banking regulation.
• Exposure to or experience interacting with federal and state regulators as well as internal and external auditors.

Skills/Ability:

• Strong analytical skills to assess data, identify patterns/trends, and detect anomalies that may indicate fraudulent activities or potential financial risk.
• The ability to identify issues, analyse root causes, and develop effective solutions in writing is essential.
• Proficiency in general as well as specific fraud risk management principles and practices is important for assessing, mitigating, and managing various types of risks that could impact an organization's operations and financial health.
• Strong communication skills to effectively communicate with stakeholders, present findings, and raise awareness about fraud risks within the organization.
• Maintaining a strong sense of ethics and integrity is essential to making sound decisions, upholding ethical standards, and acting in the best interests of the Bank and its clients.
• Proficiency in using data analysis tools, fraud detection software, and other technological solutions is important to effectively detect and prevent fraudulent activities.

Annual Base Salary Range for CA, CO, IL, NJ, NY, WA, and DC: $120,000 to $140,000. Actual compensation offered may vary depending on factors including but not limited to, position offered, location, education, training, and/or experience.

Solugenix will consider qualified applicants with a criminal history pursuant to the California Fair Chance Act and Ordinance. Applicants do not need to disclose their criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if we are concerned about conviction that is directly related to the job, applicants will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.

About The Client

Our client is one of the largest commercial banks in Southern California.

About Solugenix

Solugenix is a leader in IT services, delivering cutting-edge technology solutions, exceptional talent, and managed services to global enterprises. With extensive expertise in highly regulated and complex industries, we are a trusted partner for integrating advanced technologies with streamlined processes. Our solutions drive growth, foster innovation, and ensure compliance—providing clients with reliability and a strong competitive edge.

Recognized as a 2024 Top Workplace, Solugenix is proud of its inclusive culture and unwavering commitment to excellence. Our recent expansion, with new offices in the Dominican Republic, Jakarta, and the Philippines, underscores our growing global presence and ability to offer world-class technology solutions. Partnering with Solugenix means more than just business—it means having a dedicated our financial client focused on your success in today's fast-evolving digital world.