Director Fraud Prevention Strategy

Boeing Employees Credit Union; Idaho; Remote; USD 131,000 - 245,000; Full time

Job summary

An established financial institution is seeking a Director of Fraud Prevention Strategy to lead innovative efforts in fraud detection and risk reduction. This pivotal role involves shaping the future of fraud prevention programs while empowering a high-performing team. You'll design smart fraud rules, enhance operational processes, and collaborate cross-functionally to ensure member security. With a commitment to innovation and a culture that values your contributions, this is an exciting opportunity to make a significant impact and grow your career in a purpose-driven environment.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401k Plan

Paid Time Off

Flexible Spending Accounts

Health Savings Accounts

Paid Holidays

Qualifications

• 8+ years of experience in fraud prevention or fraud strategy.
• 5+ years of experience leading and managing teams.
• Hands-on experience with fraud detection tools.

Responsibilities

• Lead and empower a fraud prevention team with coaching and mentoring.
• Design and oversee fraud detection rules across products.
• Drive process innovation and efficiency in fraud workflows.

Skills

Fraud Prevention

Team Leadership

Fraud Detection Tools

Fraud Strategy Development

Process Optimization

Education

Bachelor's Degree in Business

Bachelor's Degree in Finance

Bachelor's Degree in Risk Management

Tools

Fraud Decisioning Systems

Fraud Detection Systems

Job description

Is it surprising to hear that a financial institution of 1.5 million members and over $30 billion in managed assets say that success comes from focusing on people, not profits?

Our "people helping people" philosophy has guided us since 1935, driving our deep commitment to serving our members, communities, and each other. When you join our team, you become part of a purpose-driven organization where your work makes a real difference.

While we're proud of our history, we're even more excited about our future. With business and technology transformation on the horizon, there's never been a better time to be part of BECU.

PAY RANGE

The Target Pay Range for this position is $169,200.00-$206,700.00 annually. The full Pay Range is $131,800.00 - $244,400.00 annually. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

BENEFITS

Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage. Employees have access to disability and AD&D insurance. We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees. Employees are able to enroll in our company's 401k plan and employer-funded retirement plan. Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here.

IMPACT YOU'LL MAKE:

As the Director of Fraud Prevention Strategy, you'll be at the forefront of protecting our members and organization from fraud. You'll lead innovative strategies that strengthen fraud detection, reduce risk, and shape the future of BECU's fraud prevention programs. With your vision and leadership, you'll build smarter systems, streamline processes, and empower a high-performing team - all while making a tangible difference in the financial safety of our members.

To join our dynamic team, we require candidates to be residents of WA, OR, ID, AZ, TX, GA, or SC. If you'relocated in Washington state and within a reasonable driving distance from Tukwila, we are requesting that you come into our HQ on Tuesdays & Wednesdays. For those candidates that live outside the commute distance of TFC and in any of our approved remote work locations, this role will be remote. Remote or onsite, we are committed to ensuring you are fully engaged and included in our collaborative environment.

WHAT YOU'LL DO:

• Lead and Empower Your Team: Provide ongoing coaching, mentoring, and training to grow a strong fraud prevention team. Conduct regular performance evaluations and encourage continuous development.
• Design Smart Fraud Rules: Oversee the creation, testing, and optimization of fraud detection rules across all products and channels - making sure they align with our risk appetite, fraud trends, and operational goals.
• Enhance Operational Processes: Drive process innovation and efficiency by identifying areas to streamline fraud workflows and reduce manual effort across the board.
• Set the Fraud Tech Strategy: Lead the development and execution of a forward-thinking fraud technology roadmap. Own vendor selection, system integration, and tool optimization efforts to enhance detection and prevention capabilities.
• Maximize Fraud Tools Performance: Ensure our fraud detection systems are working effectively. Partner with Technology, Fraud Governance, and Vendor Management to implement new capabilities and maximize ROI on fraud technology investments.
• Embed Fraud Prevention into Product Design: Make sure every new product and feature includes fraud prevention by design. Influence product roadmaps to integrate fraud protections that support security without sacrificing user experience.
• Collaborate to Innovate: Work cross-functionally with teams across the business to balance fraud controls with seamless member experience. Introduce new authentication methods and cutting-edge fraud mitigation techniques that keep us ahead of evolving threats.

This isn't just about ticking off tasks on a list. It's about making a significant, positive change in BECU's journey, where your contributions are valued, and your growth is continually fostered.

WHAT YOU'LL GAIN:

• A highly visible leadership role that influences enterprise-level fraud strategy
• The chance to build innovative solutions that protect our members and enhance their experience
• A collaborative environment where your ideas and voice matter
• Opportunities to work cross-functionally with tech, risk, product, and operations teams
• Room to grow your career and mentor others within a purpose-driven culture
• Support from leadership committed to member security and innovation

QUALIFICATIONS:

Minimum Qualifications:

• Typically requires bachelor's degree in business, Finance, Risk, or a related field, or equivalent combination of education and relevant experience
• Typically requires 8+ years of experience in fraud prevention, fraud strategy, or fraud product management
• Typically requires 5+ years of experience leading and managing teams
• Hands-on experience with fraud rules management, fraud detection tools, and fraud prevention strategies

Desired Qualifications:

• Experience managing fraud decisioning systems and implementing fraud technology platforms
• Experience in fraud workflow optimization, fraud operations, and process design
• Experience managing vendor relationships and overseeing fraud tool evaluations or implementations
• Experience working cross-functionally with senior leadership and stakeholder groups
• Industry-recognized fraud certification such as Certified Fraud Examiner (CFE) or equivalent

JOIN THE JOURNEY

Ready to make an indelible impact? Eager to be a part of a collaborative and innovative team where your ideas and contributions don't just fill a role, but fuel the growth and success of BECU? This is more than a job - it's a chance to elevate your career, skills, and future, all while contributing to the robust technological landscape of BECU.

Embrace the opportunity to grow with us. Apply now, bring your expertise to the table, and let's achieve excellence together at BECU. Your journey of influence, innovation, and impactful contribution starts now. #BECU #YourGrowth #BECUJourney

EEO Statement:

BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.