Supervisor, Fraud Strategy

Velera; Iowa (LA); Remote; USD 73,000 - 113,000; Full time

Benefits offered by this job

Medical with telemedicine

Dental and Vision

401k with employer match

PTO

Tuition Reimbursement

Wellness program

Job summary

Velera seeks a Supervisor, Fraud Strategy to lead the Fraud Strategy staff and oversee client implementations, risk analytics, and fraud monitoring tools. The role requires strong supervisory skills and experience in financial services, with an emphasis on process improvement and delivering high-quality service to internal and external customers.

The ideal candidate will supervise daily operations, analyze fraud trends, and coordinate team efforts to meet SLAs while collaborating with other

Qualifications

• Bachelor’s Degree in Business Administration or related field or combination of education and experience required.
• Five (5) years within the financial service industry required.
• Five (5) years professional experience in risk analytics, mitigating risk and/or fraud services required.
• One (1) year or equivalent of supervisory experience preferred.
• Payments processing system knowledge preferred.
• Experience with third party vendor systems software preferred.
• Project management experience preferred.

Responsibilities

• Directly supervise the Fraud Strategy staff to ensure daily completion of inquiries and support for all Global Fraud Monitoring clients.
• Monitor workflow, productivity, accuracy, and losses.
• Participate in client presentations as requested by direct reports to provide assistance or leadership.
• Conduct monthly audits and review actions taken on inquiries by staff to ensure accuracy and quality.
• Coordinate the Fraud Strategy tasks and ensure adherence to established turnaround times and SLAs; manage projects assigned to the team; ensure quality of all outputs.
• Maintain awareness of member client fraud trends and suggest internal procedure changes to Fraud Strategy Manager.

Skills

Risk analytics

Financial services

Supervisory experience

Project management

Education

Bachelor's degree in Business Administration or related field

Tools

Payments processing system knowledge

Third party vendor systems software

Job description

Join the People Helping People

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service.

The Opportunity:

The Supervisor, Fraud Strategy will oversee the Fraud Strategy area. This includes collaborating with employees and other departments on relevant matters to ensure that department standards for quality, employee engagement, and efficiency are upheld. The role involves overseeing client and product implementations, conducting research on service issues, suggesting process improvements, analyzing data and trends, and assisting in developing risk analytics training materials. Additionally, the incumbent will be tasked with fostering an environment that cultivates a hardworking, motivating, high-performance culture, focusing on continuous improvement and delivering excellent service to both internal and external customers. They will also supervise and coordinate the activities and daily operations of the Fraud Strategy staff, which includes supporting Fraud & Risk monitoring tools, reviewing and resolving fraud-related issues, managing resources, assigning tasks and projects, and serving as the primary liaison for the Fraud Prevention team with other internal departments.

Day in the Life:

• Directly supervise the Fraud Strategy staff to ensure daily completion of inquiries and support for all Global Fraud Monitoring clients. Monitor workflow, productivity, accuracy, and losses.

• Participate in client presentations as requested by direct reports to provide assistance or leadership.

• Conduct monthly audits and review actions taken on inquiries by staff to ensure accuracy and quality.

• Coordinate the Fraud Strategy tasks and ensure adherence to established turnaround times and SLAs; manage projects assigned to the team; ensure quality of all team outputs.

• Maintain awareness of member client fraud trends and suggest internal procedure changes to Fraud Strategy Manager to remain efficient.

• Continually supervise department workflow to ensure time-sensitive functions are meeting department standards.

• Resolve complex service issues by responding to escalation calls and other department personnel.

• Advise internal contacts on sensitive issues and recommend client procedures and new product developments.

• Manage process documentation and communication within the team and with appropriate external parties.

• Communicate company strategies, client initiatives, system improvements, performance, and other key information to the team and conduct regular team meetings.

• Remain current with industry and client fraud trends.

• Perform other duties as assigned.

Qualifications:

• Bachelor’s Degree in Business Administration or related field or combination of education and experience required.

• Five (5) years within the financial service industry required.

• Five (5) years professional experience in risk analytics, mitigating risk and/or fraud services required.

• One (1) year or equivalent of supervisory experience preferred.

• Payments processing system knowledge preferred.

• Experience with third party vendor systems software preferred.

• Project management experience preferred.

About Velera

At Velera, inclusion isn’t an initiative – it’s how we work. Guided by a people‑helping‑people philosophy, we cultivate a culture where every employee feels valued, respected and empowered to do their best work. We’re committed to building a diverse workforce and fostering meaningful connection across our teams. Through a remote‑first, flexible environment, we prioritize psychological safety, wellbeing and belonging so individuals and teams can collaborate to thrive. Together, we’re shaping a new era of secure, innovative solutions for the clients and communities we serve. Learn more about what it’s like to work at Velera.

Pay Equity

$73,200.00 - $93,300.00 - $113,400.00 of salary range

The anticipated hiring range for this position is typically between the minimum and midpoint of the posted salary range; however, actual compensation may vary based on a variety of factors, including relevant experience, skills and qualifications, education, internal equity, and overall business and budget considerations. Velera is committed to providing competitive compensation that reflects both individual role and responsibilities, individual performance, and market.

Great Work/Life Benefits!

• Competitive wages

• Medical with telemedicine

• Dental and Vision

• Basic and Optional Life Insurance

• Paid Time Off (PTO)

• Maternity, Parental, Family Care

• Community Volunteer Time Off

• 12 Paid Holidays

• Company Paid Disability Insurance

• 401k (with employer match)

• Health Savings Accounts (HSA) with company provided contributions

• Flexible Spending Accounts (FSA)

• Supplemental Insurance

• Mental Health and Well-being: Employee Assistance Program (EAP)

• Tuition Reimbursement

• Wellness program

• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

Velera is an Equal Opportunity Employer that complies with the laws and regulations set forth in the following EEO is the Law Poster Velera will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty to furnish information.

Velera is an E-Verify Employer. Review the E-Verify Poster here. For information regarding your Right To Work, please click here.

This role is currently not eligible for sponsorship.

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at [e-mail] for assistance.