Fraud Prevention Sr Lead

City National Bank; Ogletown (DE); On-site; USD 111,000 - 190,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) company matching

Tuition reimbursement

Time off (vacation, sick, volunteer)

Fertility benefits

Career development resources

Job summary

City National Bank is seeking a Fraud Prevention Senior Lead to head enterprise-wide initiatives, translating business priorities into effective fraud controls.

You will lead cross-functional teams, present to executives, manage multiple loss lines, and coordinate with risk, business, and vendor partners to stay within risk appetite.

The role requires a Bachelor's degree and 10+ years in fraud prevention or risk management, with strong leadership and data-driven decision making.

Qualifications

• Bachelor's Degree or equivalent required.
• Minimum 10+ years of fraud prevention or risk management experience in financial services.
• Proven leadership and stakeholder management capabilities.
• Experience leading cross-functional initiatives.
• Ability to translate data into business insights.
• Risk management expertise across multiple lines of defense.

Responsibilities

• Lead cross-functional teams to develop and execute fraud prevention strategies.
• Coordinate with Fraud Management, Business, Risk, and vendors to address challenges.
• Lead complex fraud risk assessments for new or changed products and channels.
• Provide executive level reporting and participate in meetings.
• Balance customer experience with risk mitigation and operational resilience.

Skills

Leadership

Stakeholder management

Cross-functional initiatives

Data-driven insights

Fraud prevention experience

Education

Bachelor's Degree or equivalent

Job description

FRAUD PREVENTION SR LEAD

The Fraud Prevention Senior Lead is responsible for leading delivery of large scale enterprise-wide fraud risk initiatives. This includes overarching support of senior leadership to ensure strategic alignment and execution on priority areas of focus. This individual will be formulating strategy and driving execution end-to-end. This role serves as an advisor to business and risk partners. This role supports the translation of business priorities into fraud mitigation capabilities that balance customer experience, operational resilience, and financial risk mitigation. Experience addressing complex issues, processes, and projects, and working in a high‑paced, fluid environment is required.

WHAT WILL YOU DO?

• Lead cross-functional teams to develop and execute on fraud prevention strategies, diagnose issues, develop risk mitigation plans, and ensure initiatives align with corporate strategy,
• Take accountability for multiple fraud loss lines, as appropriate, and coordinate with internal Fraud Management partner teams, Business, Risk, and vendor partners to address fraud challenges ensuring CNB operates within risk appetite.
• Lead complex fraud risk assessments for new or changed products and channels ensuring the firm does not assume risks that exceed appetite
• Stay abreast of the fraud risk landscape and emerging fraud risks, ensuring CNB is positioned to remediate risks
• Serve as a leader in Fraud Management, establishing team norms, a risk aware culture, and driving a well‑managed tightly coordinated operation.
• Measure and optimize cost of fraud prevention, identify current risks and vulnerabilities, and prepare CNB for future threats/ opportunities
• Provide executive level reporting and lead executive level meetings, clearly conveying risks and solutions
• Manage / matrix manage other colleagues and concurrent programs and projects related to fraud prevention strategy
• Influence and manage expectations of key stakeholders and act as a strategic advisor on key areas of focus to enable CNB fraud prevention strategy.
• Balance multiple competing priorities and teams by providing oversight and guidance to actions of high importance and creating and maintaining cross‑organizational relationships to enable success.
• Develop and maintain robust procedures and controls for Fraud Prevention, coordinating with risk and governance teams to ensure the prevention function is well‑managed.

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

• Bachelor's Degree or equivalent
• Minimum 10+ years of experience in fraud prevention or risk management in financial services or equivalent

Additional Qualifications

• Strong leadership and stakeholder management capabilities or equivalent
• Demonstrated experience leading complex cross‑functional initiatives or equivalent
• Experience translating data into business insights and recommendations.
• Risk management expertise across multiple lines of defense or equivalent

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary: $111,408 - $189,738 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.

ABOUT US

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. *Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.