Citi is seeking a Head of Wealth and Retail Bank Fraud Risk Director to establish and manage fraud risk policies and strategies while leading a team to fortify against fraud threats. This role requires extensive experience in fraud risk management and leadership in a financial services environment
Job Summary
This role is crucial to fortifying Citi's Wealth and Retail business against potential fraud risks to protect financial stability and reputation.
The Director will lead a team to execute a 2nd Line of Defense mandate, providing oversight and advisory on fraud risk-related decision-making.
Citi offers competitive benefits including medical, dental, vision coverage, 401(k), life insurance, and wellness programs alongside the salary range.
Matching Summary
Match Score: 85
Citi is seeking a Head of Wealth and Retail Bank Fraud Risk Director to establish and manage fraud risk policies and strategies while leading a team to fortify against fraud threats. This role requires extensive experience in fraud risk management and leadership in a financial services environment.
Salary
Base: $170,000.00 - $300,000.00; Bonus/Equity: Discretionary and formulaic incentive and retention awards available; Benefits: Medical, dental, vision, 401(k), life, accident, disability insurance, wellness programs, paid time off
Skills & Requirements
Must-have
15+ years of professional experience
8-10+ years managerial experience
7-10+ years in Wealth or asset management
Deep expertise in fraud typologies and detection rules
Knowledge of NACHA rules and UCC frameworks
Experience interacting with regulators and Internal Audit
Nice-to-have
Strong executive presence and poise
Ability to influence across cultures at senior level
Proven track record of managing competing priorities
Experience designing fraud monitoring programs and dashboards
Ability to translate complex data into control enhancements
Key Requirements
15+ years total experience required
8-10+ years managerial experience required
7-10+ years in Wealth/Asset Management sector
Robust understanding of operational risk frameworks
Demonstrated leadership in partnering with senior management