VP, Enterprise Fraud Risk Management

Company: Triumph Financial
Location: Dallas
Posted on: May 28, 2025

Job Description:

Job DescriptionPosition SummaryLead the Company's second line enterprise fraud risk function. This role will focus on overseeing fraud risk management to identify, assess, and mitigate fraud to the Company and our customers. The ideal candidate will embrace change, influence a culture of fraud risk management throughout the Company and adapt the program to fit our unique risk profile and growth while also prioritizing customer experience. This role will interface extensively with business lines, fraud prevention / operations teams, and the BSA/AML function in executing and overseeing the fraud risk mitigation program.Essential Duties & ResponsibilitiesOversight and Governance

• Lead and manage the Company's fraud enterprise risk management program in coordination with BSA/AML, business leaders, and fraud teams in the first line. This includes developing an overarching fraud framework and policy across businesses and products;
• Establish fraud risk appetite metrics and thresholds in collaboration with business lines based upon the Company's risk appetite statement and enterprise risk management framework;
• Provide oversight on fraud risk mitigation activities within the Company, including account onboarding and transactions monitoring across payment rails.Fraud Identification, Assessment, and Mitigation
  • Collaborate with business lines to establish and enhance processes to identify and mitigate fraud;
  • Assess fraud and prevention processes - ensuring appropriate action plans are in place including with new products, services, and vendors, where applicable;
  • Assist business lines in conducting root-cause analyses on material fraud cases to drive continuous improvement of controls;
  • Lend expertise in the configuration of fraud and financial crime monitoring systems including transactions monitoring and identity verification in collaboration with first-line teams and the BSA/AML team.Monitoring and Analytics
    • Monitor external fraud and financial crime trends across the enterprise to identify emerging themes and potential mitigation strategies including reporting to management and board committees;
    • Work closely with data analytics teams to develop enhanced monitoring to be more responsive to emerging fraud trends;
    • Stay abreast of emerging fraud scenarios in the banking and trucking industry.Experience & EducationThe successful candidate will possess regulatory and compliance management skills. Additionally, the ideal candidate should possess the following:
      • Bachelor's degree with a combination of knowledge, experience and skills sufficient to perform the role;
      • 10+ years of demonstrated experience with developing and/or maintaining fraud risk management programs and/or frameworks;
      • Strong understanding of fraud schemes and techniques, particularly those related to payments and payment systems;
      • Strong understanding of data analytics and reporting;
      • CFE, ACFE or other similar certification preferred but not required.Experience & Education
        • Influence - Identifies and maintains strong relationships with key stakeholders; Seeks to understand the goals and challenges of stakeholders; Able to effectively communicate and drive progress on initiatives; Builds commitment and overcomes resistance.
        • Adaptability - Changes approach or method to best fit the situation; Comfortable and humble enough to absorb new information and evolve direction as needed.
        • Strategic Thinking - Develops risk strategies that align with strategic objectives; Considers both short-term and long-term impacts, Maintains awareness of industry best practices and trends.
        • Data-driven - Biased toward drawing conclusions based on data and facts; Focused on identifying and collecting data to make decisions; Able to synthesize data to influence decision-makers.
        • Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions and considers pros/cons.
        • Quality - Demonstrates accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work and work of others to ensure quality.Skills & Abilities Required
          • Evidence of leadership abilities, a strong work ethic, detail-oriented and organizational skills.
          • Proficiency in financial analysis and reporting
          • Results driven and self-motivated
          • Excellent written and oral communication skills
          • Defines problems and proposes solutions
          • Works well under pressure
          • Consistently strives to exhibit TRIUPMH valuesWork EnvironmentThe work environment characteristics described here maybe encountered while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
            • Moderate noise (i.e. business office with computers, phone, and printers, light traffic).
            • Ability to work in a confined area.
            • Ability to sit at a computer terminal for an extended period of time. Occasional stooping or kneeling may be necessary.
            • While performing the duties of this job, the employee is regularly required to stand, sit, talk, hear and use hands and fingers to operate a computer keyboard and telephone.
            • Specific vision abilities are required by this job due to computer work.
            • Light to moderate lifting is required.
            • Regular, predictable attendance is required.
            • Ability to travel as required#LI-CB1

Keywords: Triumph Financial, Arlington , VP, Enterprise Fraud Risk Management, Executive , Dallas, Texas