AVP, Acquisition Fraud Strategy and Model Monitoring

Role Summary

The AVP, Acquisition Fraud Strategy and Model Monitoring, is a multi-functional role within the credit fraud acquisitions strategy team. The primary responsibilities include overseeing the performance of fraud models and conducting in-depth data analytics to identify underlying model performance issues and developing action plans for deteriorating models. The role works with the Acquisition Fraud Strategy Model Developers and the Credit Strategy Validation team to create remediation plans when models used in Credit strategies are not performing as expected.

Additional responsibilities include supporting the evaluation of new fraud models, fraud and technology tools, coordinating model roll-outs with the strategy team, and developing enhanced ongoing monitoring reporting. The AVP will report to the VP, Acquisition Fraud Strategy.

• Conduct deep dives and root cause analysis on deteriorating models to identify underlying issues
• Develop tactical and strategic action plans to address model performance issues
• Author narratives for ongoing model monitoring executive summaries explaining technical concepts in accessible language
• Develop thorough documentation to support the strategy team’s model development process to ensure consistency, transparency, and alignment with organizational goals
• Develop enhanced reporting to support fraud model performance monitoring
• Work cross-functionally with fraud strategy leads to support their analytics of fraud strategies and models
• Collaborate with the implementation team to ensure Acquisition Fraud Strategy goals are met and remove obstacles
• Perform model implementation validations and ensure the use of the best available tools and scores
• Support evaluating new fraud models and tools for acquisitions, payments, and merchant underwriting
• Assist fraud strategy leads in developing fraud strategies and analytics when time permits
• Partner with advanced modeling teams to drive targeting/treatment solutions that meet business objectives
• Collaborate with 2nd/3rd line to ensure governance, safety & soundness of strategies; support regulatory requests, internal reviews, audits, and business continuity planning
• Partner with portfolio credit managers and client teams to launch new initiatives, communicate changes, and drive desired P&L impacts
• Partner with compliance, legal, fair lending and audit as required
• Perform ad hoc analytics, validations, and remediations as required
• Perform other duties and/or special projects as assigned

• Bachelor’s degree and 5+ years of experience building analytically derived strategies within Credit, Marketing, Risk or Collections in Financial services, or in lieu of a Bachelor’s degree, 9+ years of experience in Marketing, Risk or Collections in Financial services
• 3+ years of experience with statistical tools such as SAS, Python, Tableau
• Expert level proficiency with Excel
• 3+ years of experience in retail, business, installment loans, or private label credit
• Excellent temperament and ability to work through uncertainty, collaborate respectfully across functions and teams, and find solutions
• Ability and flexibility to travel for business as required

• Experience operating at a strategic level as part of a cross-functional team
• Advanced technical and analytical competencies in driving strategic goals within a major functional area
• Strong understanding of the consumer credit lending lifecycle and card programs
• Strong understanding of fraud models and their usage with fraud strategies
• Strong understanding of model evaluation metrics such as precision, recall, F1
• Familiarity with modeling approaches such as logistic regression and tree ensembles
• Understanding of the Lines of Defense (2nd Line Strategy Validation and 3rd Line Internal Audit)
• Excellent oral and written communication skills with impact
• Ability to multi-task and perform in a fast-paced environment
• Experience working with offshore teams
• Demonstrated ability to manage multiple projects, organize workflow and timelines
• Master’s Degree or MBA with advanced analytic focus, or equivalent advanced degree

11

The salary…