Varo Bank is hiring a
Senior Manager

Summary

Join Varo's Financial Crimes Risk Management Team as the leader for Fraud Oversight to develop an oversight and effective challenge framework, partner with first-line personnel on monitoring and assessing Varo's fraud strategy, both internal and external.

Requirements

• 7+ years of experience in fraud risk management including both business and oversight roles; in payment, fintech, or other innovative financial institutions
• A strong understanding of second-line frameworks related to fraud governance
• Expertise in analyzing data to inform preventative measures
• A strong sense of accountability and the ability to work collaboratively across multiple departments
• Ability to influence others including executive management
• Ability to prioritize workflows, ensure deadlines are met, and facilitate open communication

Responsibilities

• Provide oversight on the fraud prevention activities utilized by the business to manage fraud, both internal and external
• Stay abreast of industry trends, emerging risks, and the advent of preventative tools
• Develop and maintain fraud risk assessments, including periodic updates to identify potential gaps in controls and recommend enhancements
• Ensure appropriate Key Risk Indicators are developed and maintained; identify and clearly articulate gaps to executives, and track recommendations to completion
• Collaborate with Fraud Strategy, Fraud Operations, and Account Originations teams to incorporate emerging threats into our acquisition and account management strategies
• Report to executive management and the Board of Directors on the effectiveness of our fraud capabilities in the first line of defense
• Interact as necessary with our regulators
• Track and monitor fraud issue remediations using GRC tools and report status updates to management