Fraud Strategy Executive - Deposit & Payments

Cathay Bank; Rosemead (CA); On-site; USD 95,000 - 109,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability

FSAs

HSA with company contributions

Voluntary coverages

401(k)

Job summary

Cathay Bank is seeking a Deposit Fraud Strategy expert to define and build fraud infrastructure across multiple products and channels. You will develop data-driven risk strategies, partner with cross-functional teams, and ensure compliance with fraud prevention requirements.

Responsibilities include monitoring fraud losses, improving core metrics, and driving process improvements to enhance efficiency and effectiveness within the Fraud department.

Qualifications

• Education: College or Bachelot's degree or equivalent banking experience in a related field preferred.
• Experience: 5-7 + years related working experience in fraud strategy at a financial institution.
• Skills/Ability: Strong analytical, problem solving and client service skills; knowledge of fraud regulations; strong communication skills.

Responsibilities

• Assists the Deposit Fraud team to assess existing modern technologies and systems.
• Ensures Fraud Rules and Strategies are developed, implemented, and maintained to mitigate fraud loss.
• Helps ensure the Bank complies with all internal and external policies and regulations related to fraud prevention.
• Prepares and communicates department level reporting regarding volumes, effectiveness, and project updates.

Skills

Analytical skills

Problem solving

Client service

Verbal communication

Written communication

Fraud regulations

Excel

Education

Bachelor's degree

Tools

Word

Excel

Job description

Cathay Bank is seeking a Deposit Fraud Strategy expert to define and build fraud infrastructure across multiple products and channels. You will develop data-driven risk strategies, partner with cross-functional teams, and ensure compliance with fraud prevention requirements.

Responsibilities include monitoring fraud losses, improving core metrics, and driving process improvements to enhance efficiency and effectiveness within the Fraud department.