Senior Fraud Prevention Manager, VP

MUFG Bank, Ltd. • $95K — $125K *

Tempe, AZ 85281In-Person

Finance & Insurance

5 - 7 years of experience

3 days ago

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Job Overview by Ladders

Qualifications

5+ years in a fraud environment with industry-standard detection tools
2+ years of management experience
Proven capability to manage technology and personnel
Strong written and verbal communication skills
Experience presenting to senior leadership

Responsibilities

Manage and oversee the Fraud Prevention Teams and establish protocols
Evaluate operations for compliance with internal and industry standards
Create and analyze Management Information Systems for performance assessments
Implement strategies to control fraud losses
Utilize industry-standard fraud tools for effective operations

Benefits

Comprehensive health and wellness benefits
Retirement plans
Educational assistance and training programs
Income replacement for employees with disabilities
Paid maternity and parental bonding leave
Paid vacation, sick days, and holidays

Full Job Description

Job Summary:

Responsible for the people and processes tasked with fraud detection and prevention. Create and utilize Management Information System (MIS) to make process improvements, identify and counteract fraud trends, ensure the competency and efficiency of the department and manage day to day operations for 5 employees. This person will interact with various lines of businesses (LOBs), marketing/product, and various risk partners at a senior level to understand and add input to their strategies.

Major Responsibilities:

50% Manages, controls, and directs the functions, processes, and operations of the Fraud Prevention Teams and establishes policies, procedures and objectives. Oversees fraud and determines strategies and best practices to proactively respond to emerging fraud trends. Oversees teams which may consist of day and night teams. Responsible for interviewing, hiring, terminations, discipline, training, coaching, writing and delivering performance appraisals, compensation changes, promotions and transfers, delegating assignments, and oversight of work. Delegate as needed to supervisors.
20% Assesses the effectiveness of operations to ensure that practices comply with internal/ industry guidelines and implements new processes to manage fraud losses to acceptable levels. Implements strategies and rules to control fraud and minimize losses and collaborates with Marketing and Servicing Teams to facilitate coordination.
20% Manages the creation and analysis of MIS, performance reports, progress, and variance from established risk control objectives; prepares reports and makes recommendations to senior management on strategic risk control issues (e.g., product/service implementation cost, capacity plans, cost/benefit analysis, etc.). Interprets MIS analysis and create tactical actions plans to implement risk avoidance measures or strategies.
10% Implementation of industry standard fraud tool.

Qualifications:

5+ years of experience in a fraud environment using industry standard tools to detect and deter fraud.
2+ years managerial experience.
Ability to manage a dynamic area utilizing technology and people to provide operational coverage.
Excellent written and oral communication skills; competency with creation and presentation of materials to senior leadership positions.

The typical base pay range for this role is between $95K - $125K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

About MUFG Bank, Ltd.

MUFG Bank, Ltd. Careers

There has never been a better time to join the global team at MUFG Bank, Ltd., a premier institution recognized for its leadership in the financial sector. MUFG Bank, Ltd. offers a plethora of job opportunities that cater to a variety of skills and interests, all while fostering professional growth and innovation.

Work You’ll Do

Join MUFG Bank, Ltd.'s distinguished team to assist some of the most sophisticated clients in navigating their financial landscapes. At MUFG Bank, Ltd., team members lead from a unique position in the marketplace, at the crossroads of financial expertise, industry knowledge, and digital innovation. Engage with a global team of business and financial advisors to help clients master their economic strategies and challenges. Collaborate with the largest group of finance professionals in the industry – a network that spans across continents offering unmatched opportunities for networking and professional development.

Introducing the MUFG Bank, Ltd. Business Advisory

The team is dedicated to building a leading Advisory group to guide some of the most renowned companies through their financial strategies using innovative solutions.

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Work on a wide range of financial technologies and harness the unparalleled capabilities, global scale, and joint solution development that only MUFG Bank, Ltd. can offer.

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The MUFG Bank, Ltd. Alliance

The combined service capabilities, global scale, and joint solution development enable clients to overcome challenges and lead transformation in their industries. Clients worldwide turn to MUFG Bank, Ltd. for new strategies and financial solutions to drive growth and success in the digital era.

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