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Wells Fargo

Fraud Prevention & Detection Strategies Executive

Posted 3 Days Ago
Be an Early Applicant
Hybrid
4 Locations
Senior level
Hybrid
4 Locations
Senior level
About this role:
Wells Fargo is seeking a Fraud Prevention and Detection Strategies Executive...
In this role, you will:
  • Provide vision and set direction for Wells Fargo's fraud prevention and detection strategies, which manage fraud mitigation capabilities across Wells Fargo's largest businesses, including Consumer and Small Business Banking, Credit Cards, Wealth and Investment Management, etc.
  • Partner across multiple business groups to define and execute against Wells Fargos fraud risk appetite while creating an exceptional customer experience.
  • Build and leverage cutting edge fraud management capabilities to deliver efficiencies and reduce unnecessary customer friction.
  • Lead a team of approximately 180 leaders and experienced professionals to deliver against business objectives, including fraud losses, operational expenses, and customer experience targets.
  • Represent Wells Fargo Fraud and Claims Management to senior leaders within the organization, external regulators, and external parties (payment networks, other financial institutions, etc.)
  • Collaborate with individual teams, innovation experts, peers and senior leadership to deliver against business objectives
  • Develop and guide a culture of talent development to meet business objectives and strategy
Required Qualifications:
  • 8+ years of fraud claim investigations or policy violations, risk management, or compliance experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 4+ years management experience
Desired Qualifications:
  • Experience leading fraud prevention and fraud strategy teams
  • Subject-matter expertise in fraud prevention, detection, and recovery processes
  • Proven leadership skills in identifying, developing, and articulating strategic plans. And then translating these strategic plans into team objectives and action plans
  • Proven and demonstrated leadership skills including relationship building, partnering and collaborating with clear ability to influence, gain buy-in and negotiate with a diverse group of business partners/stakeholders including senior management
  • Demonstrated experience in balancing fraud risk, operational expense, and customer experience objectives.
  • Ability to identify investment needs driven by anticipated shift in the fraud environment across the industry
  • Demonstrated knowledge of key industry vendors, stakeholders and policy bodies that drive industry strategy
  • Proven success recruiting, inspiring, developing, coaching and motivating team members through balanced leadership with a focus on team member engagement and retention and performance management
  • Experience working with and onboarding vendor capabilities.
  • Experience interacting with regulators and external parties (e.g. card networks)
Job Expectations:
  • Travel as needed
Job Description - Additional Language
As the Head of Fraud Prevention and Detection Strategies at Wells Fargo, you will lead a team of ~180 professionals who are critical in enabling Wells Fargo's safe growth while also protecting customers and the company from fraudsters. You will be expected to:
  • Lead with Impact: Guide a team of approximately 180 fraud experts to develop safe and seamless products in partnership with business units, enable safe growth for the company, while also improving fraud detection and prevention capabilities and strategies to minimize customer disruption while maximizing fraud prevention on tens of billions of transactions across Wells Fargo each year.
  • Innovate for the Future: Partner across the organization to identify and develop next generation fraud screening capabilities/strategies, with an emphasis on leveraging AI driven capabilities.
  • Collaborate Across the Organization: Partner with various stakeholders, including product owners, line of business product groups, customer service, digital, and technology teams, to deliver complex solutions that meet business objectives.
  • Engage with Senior Leadership: Given the criticality of fraud management at Wells Fargo (including its enablement of safe growth, and customer/financial impacts), there will be consistent engagement with senior leadership, including members of the Wells Fargo operating committee.
  • Represent Wells Fargo Fraud: As the head of Fraud Prevention and Detection Strategies, you and your team will represent Wells Fargo fraud to a variety of external stakeholders and partners, including regulators, vendors, networks, and associations.
  • Build a Talented Team: Hire, develop, and retain a group of fraud professionals.
Core Responsibilities:
  • Strategy and Vision: Define and articulate the Fraud Prevention and Detection Strategy vision and strategy in alignment with organizational goals while
  • Manage multiple types of risk across Wells Fargo: Including financial, reputational, and compliance risks. All while delivering an exceptional customer experience.
  • Engage with Senior Leadership: Given the criticality of fraud management at Wells Fargo (including it's enablement of safe growth, customer, and financial impacts), there will be consistent engagement with senior leadership, including members of the operating committee.
  • Represent Wells Fargo Fraud: As the head of Fraud Prevention and Detection Strategies, you and your team will represent Wells Fargo fraud to a variety of external stakeholders and partners, including regulators, vendors, networks, and associations.
  • Team Management: Manage a team of experienced fraud professionals to meet a objectives for the organization.
  • Communication, Innovation, and Reporting: Define Key Performance Indicators/Objectives and Key Results; work closely with partners and stakeholders of all levels to implement desired solutions.
Posting End Date:
31 Oct 2025
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Wells Fargo Charlotte, North Carolina, USA Office

355 W Martin Luther King, Jr BLVD, Charlotte, NC, United States, 28202

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