Head of Fraud Strategy and Transformation

Truist; Charlotte (NC); On-site; USD 250,000 - 420,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k plan

Paid holidays and vacation

Job summary

The Head of Fraud Strategy and Transformation at Truist will shape and execute a multi-year fraud strategy across consumer, small business, and wholesale products. This role partners with executives to translate threats into a prioritized transformation portfolio and ensures delivery aligns with risk framework.

We seek a leader with extensive fraud and regulatory experience, strong executive presence, and a proven track record in large-scale transformation, cross-organizational collaboration,

Qualifications

• Bachelor's degree or equivalent education.
• Ten+ years of financial services work experience, including Fraud management experience.
• Prior structured problem solving experience through consulting, business leadership or federal government experience.
• Strong leadership and communication skills.
• Five+ years direct Internal Audit and/or Governmental Regulatory experience.
• Experience leading projects and driving change.
• Progressive management experience.

Responsibilities

• Structure ambiguous problems into scopes of work that can be executed by teams around the organization.
• Build influential partnerships with senior managers and executives from all parts of the Company.
• Provide leadership and drive complex, multifaceted Fraud program enterprise-wide transformational initiatives with excellence in scope, timeframes, adherence to regulatory requirements, and budget.
• Lead definition and delivery of solutions to complex problems that result in the reduction of regulatory risk, reduction in operating expenses and/or enhancements to client experience.
• Manage a team of dedicated teammates responsible for executing upon the relevant components of the Fraud Program.
• Act as a subject matter expert for response regarding Fraud program reviews with Examiners, Auditors, Model reviewing parties, and other program reviewing functions.
• 7. Manage relationships with third-party vendors, Enterprise Technology and other resources required to execute initiatives
• Owns execution of strategy, accountable for delivery of results including internal and external reporting of results.
• Partners with executives from other teams to prioritize and coordinate opportunities for improvement across organizations
• Willingness to go deep to fully understand challenges and create solutions
• Acts as a change agent to influence the strategic direction of organization
• Extensive cross-organization coordination including fraud operations, product & channel technology teams, strategy & analytics and cyber security

Skills

Fraud strategy

Executive leadership

Regulatory risk

Problem solving

Change management

Cross-functional

Communication

Project leadership

Education

Bachelor's degree

MBA or advanced degree

Job description

Regular or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Head of Fraud Strategy and Transformation

The Head of Fraud Strategy and Transformation is a senior leadership role accountable for shaping and executing Truist’s multi-year fraud strategy roadmap across consumer, small business, and wholesale products and channels. This leader sets the forward-looking vision for how Truist detects, prevents, and responds to fraud at scale, while materially advancing client experience, loyalty, and operating efficiency. Reporting into the Head of Fraud, this role translates emerging fraud threats, regulatory expectations, and industry innovation into a prioritized, funded, and executable transformation portfolio. As the single point of accountability for fraud strategy and roadmap governance, the leader partners across the enterprise to sequence investments and ensure delivery aligns with Truist’s Risk Management Framework and regulatory expectations. The role carries high visibility with executive leadership, regulators, and industry forums, requiring fraud expertise, transformation leadership at scale, and executive presence across a complex, matrixed enterprise.

Essential Duties And Responsibilities

• Structure ambiguous problems into scopes of work that can be executed by teams around the organization.
• Build influential partnerships with senior managers and executives from all parts of the Company.
• Provide leadership and drive complex, multifaceted Fraud program enterprise-wide transformational initiatives with excellence in scope, timeframes, adherence to regulatory requirements, and budget.
• Lead definition and delivery of solutions to complex problems that result in the reduction of regulatory risk, reduction in operating expenses and/or enhancements to client experience.
• Manage a team of dedicated teammates responsible for executing upon the relevant components of the Fraud Program.
• Act as a subject matter expert for response regarding Fraud program reviews with Examiners, Auditors, Model reviewing parties, and other program reviewing functions.
• 7. Manage relationships with third-party vendors, Enterprise Technology and other resources required to execute initiatives
• Owns execution of strategy, accountable for delivery of results including internal and external reporting of results.
• Partners with executives from other teams to prioritize and coordinate opportunities for improvement across organizations
• Willingness to go deep to fully understand challenges and create solutions
• Acts as a change agent to influence the strategic direction of organization
• Extensive cross-organization coordination including fraud operations, product & channel technology teams, strategy & analytics and cyber security

Required Qualifications

• Bachelor's degree or equivalent education
• Ten+ years of financial services work experience, including Fraud management experience
• Prior structured problem solving experience through consulting, business leadership or federal government experience
• Strong leadership and communication skills
• Five+ years direct Internal Audit and/or Governmental Regulatory experience
• Experience leading projects and driving change
• Progressive management experience

Preferred Qualifications

• Advanced degree — MBA, Master's in Analytics/Data Science, Risk Management, Computer Science, or a related discipline.
• 15+ years of progressive experience in fraud, financial crimes, or payments risk at a large financial institution, fintech, payments network, or top-tier consulting firm — including senior leadership accountability for fraud strategy or large-scale transformation outcomes.
• Demonstrated experience building and executing multi-year fraud strategy roadmaps including business case development, investment prioritization, and benefits realization.
• Deep subject matter expertise across the fraud value chain paired with working knowledge of Reg E, Reg Z, Reg CC, FCRA/ID Theft Red Flags, UDAAP, and FFIEC Authentication Guidance. Proven fluency in AI/ML and advanced analytics applied to fraud detection and decisioning.
• Executive-level communication and influence skills, including experience presenting to C-suite, Boards of Directors, and external regulators; relevant certifications (CFE, CAMS, CRCM, CISM, PMP, Six Sigma) a plus.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation

Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law E-Verify IER Right to Work