About the role
Department: Business Operations
Reports To: Head of Business Operations
Employment Type: Full-Time
Salary: $195,000 – $250,000
As the Head of Fraud Risk, you will build out and lead the Fraud Function at tastytrade. This is a high-visibility, high-autonomy role that will report directly into senior leadership and work closely with compliance, operations, product, & technology teams. You will define the function, hire the team, select the tools and vendors, and set the strategy while managing the program operationally.
We are looking for someone who has built a fraud program from the ground up and scaled it based on the evolving needs of the business and the risk and regulatory landscapes. You are comfortable with ambiguity, energized by greenfield work, and able to move fast and pivot. Apply if you are excited to be part of tastytrade’s next phase of growth!
What You'll Do:
Build and own the fraud program
- Define tastytrade’s fraud taxonomy, risk philosophy, control framework, escalation protocols, and documentation.
- Partner with the business to define the firm’s fraud risk appetite and translate it into a measurable fraud budget and KPI framework. Own reporting to senior leadership and IG Group.
- Separate out fraud operations from our AML regulatory obligations and design and document the escalation path for SAR filing decisions between your team and the AML Officer.
- Build and maintain the fraud universe map including what vectors matter the most, where they occur in the customer journey, and what we are doing and not doing about them.