Vice President, Risk Mitigation Solutions

About the role

The Vice President (VP) of Risk Mitigation Solutions will spearhead the development and execution of a strategic new business line dedicated to comprehensive fraud prevention within credit unions and community banks. This position is ideal for an innovative and visionary leader with extensive experience in financial services, consulting, technology, and thought leadership. The VP will collaborate closely with internal teams and external partners to deliver state-of-the-art fraud prevention products and services to our clients, ensuring exceptional service delivery and unwavering regulatory compliance. This role will significantly influence financial institutions' risk management practices, underwriting strategies for fraud prevention, digital engagement authentication, and ongoing consumer validation throughout the client relationship lifecycle. The department's primary focus is on fraud mitigation, identity verification, and implementation of robust risk controls aimed at minimizing fraud losses across various lines of business within financial institutions. Day in the Life: Business Development : Build and launch a new fraud prevention division, including strategy formulation, market analysis, client management, new sales and resource planning. Partnership Management : Establish and manage relationships with partner entities, ensuring seamless integration and delivery of fraud prevention solutions to clients. Leadership & Team Building : Recruit, mentor, and lead a high-performing team of fraud prevention professionals, fostering a culture of innovation and excellence. Consulting & Thought Leadership : Serve as a subject matter expert on fraud prevention, providing consulting services to clients and representing the institution at industry events, forums, and conferences. Technology Integration : Drive the adoption and integration of advanced fraud prevention technologies, leveraging data analytics, artificial intelligence, and digital platforms. Regulatory Compliance : Ensure all fraud prevention initiatives meet regulatory obligations, industry standards, and best practices, with a particular focus on credit unions and community banks. Consumer Service Excellence : Develop and implement programs that prioritize client needs, deliver superior service, and maintain high levels of client satisfaction