VP, Fraud Strategy

Gated Talent; Plano (TX); Hybrid; USD 150,000 - 220,000; Full time

Job summary

A leading company in the housing finance industry seeks a Vice President of Fraud Strategy. This role involves leading fraud prevention efforts, analyzing fraud patterns, developing strategies, and managing investigations. Candidates should have over 10 years of experience in fraud strategy with strong analytical and leadership skills. The position supports a hybrid work model, offering flexibility with the option of office collaboration.

Qualifications

• Proven track record in designing and implementing enterprise-level fraud platforms.
• Deep understanding of fraud in the secondary mortgage market.
• Experience working with regulatory bodies.

Responsibilities

• Analyze fraud patterns and develop comprehensive fraud prevention strategies.
• Lead the development of advanced analytics and detection models.
• Train and educate employees on fraud prevention protocols.

Skills

Analytical skills

Fraud modeling

Leadership

Collaboration

Education

Bachelor's Degree

10+ years of experience in fraud strategy

Job description

At Fannie Mae, the inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of a collaborative team thriving in an energizing environment. Here, you will grow your career and help create access toaffordable housing finance.

Job Description

The Vice President of Fraud Strategy will lead the design, implementation, and evolution of our first – line fraud prevention and detection capabilities. Reporting to the Chief Control Officer, this role is critical in safeguarding the organization against complex fraud threats across various channels and products, and ensuring Fannie Mae is well equipped to prevent and manage fraud threats that demand proactive, integrated detection, response, and recovery capabilities across the enterprise.

Key Responsibilities

• Analyze fraud patterns and drivers to inform strategic direction and develop comprehensive fraud prevention strategies.
• Design and deploy preventative controls, including changes and enhancements to core systems and integration of 3 rd party leading tools.
• Lead the development of advanced analytics and detection models to identify fraud status (i.e., whether it has occurred or is in process) and mitigate fraud in real-time.
• Oversee complex fraud investigations including write-off practices and collaborate with Financial Crimes teams to support regulatory filings.
• Architect and implement a multi- component fraud mitigation platform, including decisioning engines, detection systems, alert and case management, and integration with 3 rd party tooling and industry data feeds.
• Stay up to date on industry regulations, latest trends, and best practices for fraud prevention and management to inform strategy within the enterprise through working with industry groups and counsels.
• Apply deep knowledge of fraud types including payments, internal, and lending fraud, and understand fraud across transaction channels such as wire, ACH, journals/GL, loan originations, and identity representation.
• Lead the build-out of a comprehensive fraud function, including policy development, organizational design, and technology enablement.
• Train and educate employees on fraud prevention protocols and procedures.
• Continuously assess and improve fraud prevention processes and procedures.

Candidate Qualifications

• 10+ years of experience in fraud strategy, risk management, or financial crimes.
• Proven track record in designing and implementing enterprise-level fraud platforms.
• Strong analytical skills with experience in fraud modeling and data-driven decision-making.
• Deep understanding of fraud in the secondary mortgage market.
• Experience in more complex types of fraud is a plus.
• Ability to solve complex issues to drive shared goals and outcomes across internal and external teams.
• Ability to develop and drive a vision and strategy with proven results in execution.
• Strong knowledge of the business and the current regulatory environment .
• Experience working with regulatory bodies and industry groups.
• Excellent leadership, communication, and cross-functional collaboration skills.

Qualifications

Education:

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, while business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [e-mail]

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