VP, Fraud Strategy

Key Responsibilities:***

• Analyze fraud patterns and drivers to inform strategic direction and develop comprehensive fraud prevention strategies.

• Design and deploy preventative controls, including changes and enhancements to core systems and integration of 3 rd party leading tools.

• Lead the development of advanced analytics and detection models to identify fraud status (i.e., whether it has occurred or is in process) and mitigate fraud in real-time.

• Oversee complex fraud monitoring systems, including write-off practices, and collaborate with Financial Crimes teams as necessary.

• Architect and implement a multi- component fraud mitigation platform, including decisioning engines, detection systems, alert and case management, and integration with 3 rd party tooling and industry data feeds.

• Stay up to date on industry regulations, latest trends, and best practices for fraud prevention and management to inform strategy within the enterprise through working with industry groups and counsels.

• Apply deep knowledge of fraud types including payments, internal, and lending fraud, and understand fraud across transaction channels such as wire, ACH, journals/GL, loan originations, and identity representation.

• Lead the build-out of a comprehensive, first-line fraud function, including organizational design and technology enablement.

• Train and educate employees on fraud prevention protocols and procedures.

• Continuously assess and improve fraud prevention processes and procedures.

Candidate Qualifications:

• 10+ years of experience in fraud strategy, risk management, or financial crimes.

• Proven track record in designing and implementing enterprise-level fraud platforms.

• Strong analytical skills with experience in fraud modeling and data-driven decision-making.

• Deep understanding of fraud in the secondary mortgage market.

• Experience in more complex types of fraud is a plus.

• Ability to solve complex issues to drive shared goals and outcomes across internal and external teams.

• Ability to develop and drive a vision and strategy with proven results in execution.

• Strong knowledge of the business and the current regulatory environment .

• Experience working with regulatory bodies and industry groups.

• Excellent leadership, communication, and cross-functional collaboration skills.

Target Pay Range: $ 252,000 - $341,000

Qualifications

Education:

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, while business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected]