Managing Director - Anti-Fraud Operations

Company: Madison-Davis, LLC
Location: White Plains
Posted on: March 20, 2023

Job Description:

Office Status: Hybrid (4-5 days in office per week)
Responsibilities:

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• Identifies and influences strategic direction to increase efficiency, effectiveness, accuracy, and timeliness across BCDAD Anti-Fraud department core activities to deliver strong partnership and customer experience and ensure integrated into overall business strategies.
  
• Develops long term Anti-Fraud Risk Program strategies assessing both internal needs and industry trends to deliver best-in-class programs.
  
• Manages complex anti-fraud risk projects to ensure risks are appropriately mitigated and regulations adhered to and acts as subject matter expert on relevant regulations and policies.
  
• Monitors industry and legislative developments and continuously updates programs to ensure they are competitive and effective.
  
• Monitors and advises on management of risk requirements within the defined risk appetite. Including monitoring of Anti-Fraud transaction processing team and application.
  
• Ensures monitoring rules are regularly review and updated, adjust rule parameters according to analysis results and puts forward system modification requirements to the respective staff, and ensuring testing is complete.
  
• Ensures Data Model document are updated frequently to ensure system is fine-tuned and meeting screening requirements in accordance with RMDAD.
  
• Ensure dedicated staff assigned to real-time monitoring of fraud alerts get all proper closure and proper alert disposal comments are assigned to alerts, alerts are confirmed with customers, avoid fraud losses, and ensure that follow-up actions are taken
  

Keywords: Madison-Davis, LLC, White Plains , Managing Director - Anti-Fraud Operations, Executive , White Plains, New York